East Coast Economic Update, June 5th, 2009


Here is the info you need today. Bloomberg on Bonds. The are shooting up and no one in MSM is speaking about them: www.bloomberg.com ADP numbers: www.bloomberg.com Shadow stats says we are at 16.5 % unemployment: www.shadowstats.com Countrywide CEO new that the Housing market was going to hell 9 months before it began: www.bloomberg.com

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25 Responses to “East Coast Economic Update, June 5th, 2009”

  • bobbybubblehead:

    yes the numbers are laughable now..the whole thing is theater…really enjoy the economic updates…

  • 3m3m3m74:

    I view your videos all the time and a lot of things you say are intresting and I take away what I chose good or bad thats my choice. I mentioned looking @ the camera to keep your audience attention. I read comments about people asking about the things in the room. So as you can see you lose their attention. You command attention and you convey a stronger message when you look people in the eye (camera) even with one eye. Just Jokin ;-)

  • patriotsundergod:

    can you send me a link about that diet?

  • izzyizod:

    Tea went right through the nose on the chair bit!!! How funny!!!

  • marcusguernsey:

    Hey KK: thanx for the reply.i understand what you are saying,but why Wednesday,whats up with weds? I have also heard that their is a chance the fed may try to raise rates at their next meeting in 2 weeks time(?) altho, that may give the dollar a short term boost, just what would that do to equities and new housebuyers etc……??? bound to bring the markets down some i would think.and was nt it only a matter of time before they raised rates again?

  • Kittenkattan:

    Man, Your house so rocks!!!! It is nice to see someone else who finds joy in a $20,000 home! Great work. I am looking into Your water purifier problem. Let you know.
    Peace.
    John.

  • Kittenkattan:

    Hey Renee,
    Yeah, the Solar panels should be operational by July1st. I am going to head up in a few weeks. I will be reporting from the Homestead Command station.
    I think it will be a crisp November before I am up there for Survival mode.
    Peace.
    John.

  • Kittenkattan:

    That Picture is from a 1918. It is a WWI poster my Grandfather had and I inhereited. The inscription Reads “Not this trip old pal”. If you look closely there’s a tank behind him.
    Peace.
    John.

  • Kittenkattan:

    A big SQUUUEEEAAAAK! for you buddy!!!!

    Peace.

    John.

  • Kittenkattan:

    Hey!!! When your blind in one eye, it hard to look anywhere but left. Thanks for the stage direction. I guess the content was not as interesting as where I was looking.

  • Kittenkattan:

    Check my comment below yours. I think that answers the question.
    Peace.
    John.

  • Kittenkattan:

    The remaining international investments are leaving the USA. When they cash out, it has to be in US Dollars. So, it raises the index….a little. It will start to decline by wednesday when international settlements are done. Watch and Wait.
    Peace.
    John.

  • Kittenkattan:

    Thanks D!

    Let’s hope that it works. Looks like it is.
    Peace.
    John.

  • Kittenkattan:

    Hey PUG,

    Yeah, the L’caranatine and the Blood type diet seem to be doing the trick. Thanks for noticing.
    Peace.

    John.

  • patriotsundergod:

    KK you look like youve lost some weight

  • Michigansnowpony:

    You’re a stitch — LOVE the chair. I fee ls much safer now.

    I simply don’t “get” the whole bonds / T-bills thing. But I’m glad other people do and are watching and reporting on it.

    Looking forward to an update from your cabin. I hope that’s not too far off, if you get my drift.

  • marcusguernsey:

    i was wondering that as well. if you find out, let me know.dollar/pound has shot back up to 1.60. in my opinoin, the dollar is dommed long term, but anything could and prob. will happen.

  • slobomotion:

    Could we have a closeup of the picture on your wall of the person with a gun and a dog?
    Seriously, it is a good video. I guess I was wondering about the picture because the news is so grim!
    Greetings from France.

  • SheyOneTen:

    ANWOC FTW!

  • RodneyHampton:

    Thanks for the yield curve tip. I watch the pimco site occasionally. I pushed in 60% of my 401k back into equities to catch the tail end of the “rally” and made $1k in the last two or three days. Time to take the money off the table.
    My theory is that the govt has been levering up equities (some confirmation of this from folks in the know in the futures market), pushing down gold prices, and trying to let the air out of the T-bill bubble quietly. Watch TNX.

  • CaligalinLibrary:

    I hope the squeeky chair works! Gerald Celente said that he believes that the NWO is now planning for a HUGE nuke war.

    Sigh.

    I wish I had my own planet.

  • 3m3m3m74:

    Hey!!!!!Look over here!!!!!! The camera is to YOUR left!!!!!!! It looks like you talking to yourself if you don’y look at the camera!!!!

  • chena3:

    freeze dried
    parsnips.
    10 yr shelf life …
    we can hope ..
    peace out ..

  • chena3:

    todays wealth is not lost;
    it is being transformed
    into investment
    for
    the next economy.

    hmmmmm
    got parsnips..?

  • aw3212:

    go to chris martenson dot coom. He has an article may employment report not believable – it discusses this b/d ratio.

    Also, if you have A LOT of time watch his crash course series, it is incredibly informative, he made the series in 8/08, but it really ties a lot of this together.

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