The Kevin Trudeau Show: 2-2-13

Today, Kevin gives you even more proof that inflation is already here and that your standard of living is declining rapidly because of it.

Self Help:
Uncontaminated Meat
Further Your Education
Manifest Your Every Desire
The Only Answer To Cancer
Drop-Dead Gorgeous Hair Without The Side Effects

Health:
Health Risks Behind Drop-Dead Gorgeous Hair
School Lunches Around The World
Bad News For Meat Eaters
Jamie Oliver Shows How Much Sugar Is in Flavored Milk

Wealth:
10 Countries With The Most Billionaires

Everything Kevin:
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Help For The Holidays: Prices For Food, Gas Could Soon Fall

October 5, 2011

USA Today

By: Dan Piller and Adam Belz

Consumers may catch a break on the price of gasoline and baked goods and sweets as the Thanksgiving-Christmas season approaches, thanks to a sudden tumble in worldwide commodity markets.

The consumer price outlook has brightened, in part, because commodity speculators have fled the energy and grain markets in the face of fears of a global recession triggered by the European debt crisis, says Tomm Pfitzenmaier of Summit Commodity Brokerage.

The price of regular gasoline dropped Tuesday to a national average of $3.41 a gallon. It is down about 15% since peaking in May near $4 a gallon. The Department of Energy forecasts gas prices won’t rise sharply until spring. Crude oil has fallen from more than $100 a barrel just before Memorial Day to less than $76 Tuesday.

Flour prices have risen more than 50% this year, according to Jeremy Reichart, vice president of Orchestrate Management, which operates several restaurants and a food market in Des Moines. But they should fall in coming months, as the price of wheat has tumbled 25% since last summer, according to the Chicago Board of Trade.

The price of wheat shot up from less than $6 a bushel in early 2010 to about $9 by the beginning of this year on worldwide shortages.

But Russia, Ukraine and even India, which had to deal with drought and shortages last year, are back selling wheat in world export markets.

On the sweets front, the price of cocoa is down about 15% from record levels since midsummer, according to the International Cocoa Organization, raising the possibility that manufacturers’ costs for making chocolate might ease.

Not all the consumer price news is good. Food prices rose in August, according to the latest U.S. government report. And while motorists and lovers of pasta and baked items might see prices coming down, beef lovers should brace for continued high prices.

Prices for hamburger and choice beef cuts have risen 15% to 20% this year, according to the Department of Agriculture. Cattle supplies began 2011 at 50-year lows because of high feed costs and have grown tighter as ranchers reduce their herds in response to drought and record heat.

Click here for the full report from USA Today

Gasoline Prices Up 40% This Summer, U.S. Says

April 22nd, 2011

Market Watch

By: Ruth Mantell

Retail prices for a gallon of regular-grade gasoline will average $3.86 from April through September, up from $2.76 for the comparable period last year, said the Energy Information Administration, the statistics arm of the Department of Energy.

In some areas, monthly average prices could top the national average by at least 25 cents a gallon.

“The continuing economic recovery tends to boost gasoline and diesel fuel consumption, while the effect of higher retail prices tends to dampen it,” according to EIA. “These counterbalancing forces are expected to be prominent features of the summer driving season.”

According to AAA’s daily fuel-gauge report, the national average price for a gallon of regular gasoline is about $3.79, up about 33% from $2.86 a year earlier.

The average U.S. household’s vehicle fueling costs will rise about $825 from last year’s level, hitting $3,360 in 2011, the EIA said.

The government also expects refiner acquisition costs of crude oil to average $112.50 a barrel this summer, up about 50% from the prior year.

Meanwhile, wholesale gasoline margins — the difference between the wholesale price of gas and the refiner acquisition cost of crude — are forecast to average 53 cents a gallon this summer, up 47% from last year.

The catalyst for the increase, according to EIA, will be “continuing strength in worldwide liquid fuels consumption.”

Click here for the full report from Market Watch

The Kevin Trudeau Show: 4-20-11

Today, Kevin gives you even more proof that inflation is already here and that your standard of living is declining rapidly because of it.

Self Help:
Uncontaminated Meat
Further Your Education
Manifest Your Every Desire
The Only Answer To Cancer
Drop-Dead Gorgeous Hair Without The Side Effects

Health:
Health Risks Behind Drop-Dead Gorgeous Hair
School Lunches Around The World
Bad News For Meat Eaters
Jamie Oliver Shows How Much Sugar Is in Flavored Milk

Wealth:
10 Countries With The Most Billionaires

Everything Kevin:
Become An Insider!
Support Kevin!
Kevin is on YouTube!
Sign Up For Kevin’s FREE Podcast
Follow Kevin on Twitter
Become A Fan of Kevin on Facebook
Kevin’s Film Club
Kevin’s Book Club

Take Trudeau on the Go! Click here to download this show to your iPod, mp3 player, or PC through iTunes!

Click below to watch the Kevin Trudeau Show!

Gas Prices Could Hit $5 Per Gallon

April 12th, 2011

CBS 2 Chicago

At one time, $5 per gallon gas seemed like a far-fetched idea, but that is no longer the case.

As of Monday, the average price for a gallon of regular unleaded gasoline in the Chicago area is $4.11, compared with $3.71 a month ago, and about $3.10 a gallon at this time a year ago.

Some experts say $5 per gallon gas is possible by Memorial Day-or sometime in summer. Others caution that reaching that mark is unlikely over the next six weeks. In Chicago, the prices keep rising to near-record levels–with no relief in sight.

Right now, oil markets are so skittish that records set in 2008 could fall.

Drivers Monday morning were practically numb to the price spikes.

“What are you going to do?” said Shannon Thompson. “We’ve become so gas-dependent in this country. There are so many SUVs. I mean, I’ve had a hybrid. It worked great. Right now, I’m just going to deal with it.”

Prices at some gas stations outside the city were still below $4, a bargain compared to the $4.29-$4.40 range at some service stations downtown.

“It’s painful,” said Lamar Magee. “You’ve got to make a decision on where you drive and where you go nowadays.” He said he is “definitely” making changes to his routines.

Magee says it will cost him about $120 to fill up the 30-gallon tank on his van.

But even that pales in comparison to the big rigs. Truck driver Mark Kanarowski says his truck holds 200 gallons.

“It’s got to be a huge expense for the company,” Kanarowski said. “I went to St. Louis over the weekend to fill up my own car, and I was paying about $4.13 a gallon. It hurts.”

A limo driver shared his thoughts as he filled up his tank at the Des Plaines Oasis.

“Normal-sized tank, big price – when you get done at the pump, it’s killing business, and a lot of one-way trips now,” he said, “like I’m going to get somebody this morning, and I’m not bringing him home. His wife will probably bring him home, because everyone’s trying to save a little bit here, a little bit there.”

The Lundberg Survey says the national average for a gallon of regular unleaded as of Monday was $3.76. That is up 19 cents since March 18, and up 91 cents since this time last year.

The sharply rising prices hearken back memories of the summer of 2008.

That year, oil prices were driven well above $100 per barrel, and in June of that year and gas prices were well over $4 a gallon. The highest average record price was $4.34 per gallon, set July 2008.

No one is eager to break that record. But with no end in sight to the turmoil in the Middle East, analysts say we’re likely to do just that – and just as holiday travelers hit the highways for Memorial Day weekend.

Click here for the full report from CBS 2 Chicago

Using the Backyard Grill This Summer Just Got More Expensive

April 4th, 2011

DailyFinance.com

By: Charles Wallace

Just when it seemed like it couldn’t get much worse on the price front – how can you top $4 a gallon gasoline? – comes news the cherished summer barbecue is about to get more expensive.

Contracts for future deliveries of corn, soybeans and wheat prices surged to the most permitted by the Chicago Board of Trade in a single day. Corn was up 4.5%, soybeans were up 3.25% and wheat was up 5%. So far in the past year, corn prices have risen by 87%, soybeans have jumped 41% and wheat has climbed 54% — thanks in part to bad weather in Russia and Australia, two major wheat producers. The surge in prices on the futures exchanges was in reaction to a report by the U.S. Department of Agriculture that stockpiles of corn measured at the beginning of March had fallen 15% from their levels a year ago.

Higher Grain Prices = Higher Meat Prices

The U.S. is the world’s largest consumer of corn. It seems to be in nearly everything — cereals, sweeteners and ethanol for our cars. Corn, and to a lesser extent soybeans, are also important for feeding livestock. According to the National Corn Growers Association, about 80% of all corn grown in the U.S. is consumed by “domestic and overseas livestock, poultry, and fish production.” So higher prices for these commodities means that prices for beef, pork and chicken are likely to go up as well down the road.

“It looks like these reports will extend the price rally we’ve seen, not only for food commodities that are directly manufactured from corn, soybeans and wheat but also livestock products that depend on those commodities,” says Darrel L. Good, a professor of agricultural and consumer economics at the University of Illinois.

“The real test will come this summer, when we have the highest seasonal prices, particularly of pork,” he says. “It looks like those prices could be sharply higher than we have ever experienced before.”

Revising the Grocery Bill Upwards

Compounding these price pressures are not only higher commodity prices, but also surging demand from foreign countries for U.S. beef and pork products. That’s mainly a result of the improving world economy., especially in India and China.

Art Barnaby, an agricultural economist at Kansas State University, says the economic upswing is also producing higher demand for steak at home in the U.S. — as families stop eating mac and cheese and other less expensive foods. Higher demand adds up to higher prices in the long run, he says, even without higher feed prices.

Just how much have beef and pork prices headed higher? Since last summer, beef has risen 27% and pork is up 32%. ‘That’s huge; we’ve never experienced cattle prices at this level,” says Good.

Ephraim Leibtag, an economist at the Department of Agriculture’s Economic Research Service, says his department has revised upwards its grocery price forecast for the coming year. It now expects prices to rise 4% in 2011.

“If commodity prices continue to rise or even stay at these high levels,” he says, “there’s an upside risk for future increases later on in the year. It could take several months before the higher commodity prices are reflected in higher meat price.”

Good says the reason that corn inventories are down so dramatically is the 2010 crop was smaller than in previous years — and that we’re consuming corn at a much faster rate than last year.

Overseas Demand Also Surging

It’s worth bearing in mind that it’s not just American consumers who are taking on the chin at the supermarket. According to the U.N.’s Food and Agriculture Organization, food prices surged 2.2% in February over January, with the FAO’s cereals index up 3.7% and meat up 2% in a single month.

The agency also warns the rise in oil prices could “further exacerbate an already precarious situation in food markets.”

This is particularly true in developing countries. It was a crisis over food price hikes that touched off a wave of demonstrations in Tunisia earlier this year — which eventually led to popular protests against governments in Egypt, Libya, Bahrain and Yemen.

Click here for the full report from DailyFinance.com

Fed Probe Urged on Cancer Chemical in Marine Water

March 30th, 2011

Associated Press

By: Kevin Maurer

A North Carolina congressman said Thursday that he wants an investigation into reports that levels of a cancer-causing chemical in tap water at a Marine Corps base were downplayed and then omitted from official documents.

Democratic Rep. Brad Miller called for the probe by his House science subcommittee Thursday a day after The Associated Press reported on new documents that indicate massive fuel leaks at Camp Lejeune and high concentrations of benzene found in a water well there in 1984.

“I am just disbelieving of their failure to act. It may have been worse than a failure to act. They may have acted to minimize or prevent the risk from being disclosed,” Miller told the Associated Press on Thursday. “It is hard to imagine they would let this go on. There was too much information that they had to have consciously disregarded.”

Benzene, a carcinogen, is a natural part of crude oil and gasoline. Drinking water containing high levels of it can cause vomiting, dizziness, sleepiness, convulsions and death. Long-term exposure damages bone marrow, lowers the number of red blood cells, and can cause anemia and leukemia, according to the EPA.

In 1984, an environmental contractor found benzene at 380 parts per billion at a well near a fuel farm. When a draft report was turned in, the level was changed to 38 parts per billion. The company’s final report on the well, issued in 1994, did not mention the benzene.

The Marine Corps had been warned nearly a decade earlier about the dangerously high levels of benzene, which was traced to massive leaks from fuel tanks at the base on the North Carolina coast. The benzene was discovered as part of a broader, ongoing probe into that contamination.

Rep. John D. Dingell, D-Mich., the Chair Emeritus of the House Energy and Commerce Committee, said the Marines and their families “deserve to know exactly what was in the water.”

“I want to know whether there are still toxic chemicals contaminating the water at Camp Lejeune. If there are, what is the Navy’s plan for dealing with them?” Dingell said.

Health officials believe as many as 1 million people may have been exposed to tainted water at the base before the wells closed two decades ago. Critics say little information on benzene contamination had been publicly known until recently.

“It is hard to believe that they let Marines and their families drink this water for 30 years and didn’t say a word about it when they knew they had a fuel tank farm right by the water supply that was hemorrhaging fuel,” Miller said.

North Carolina’s congressional delegation has been active on behalf of the health claims of former Camp Lejeune residents.

A bill introduced by Miller would require the U.S. Department of Veterans Affairs to provide health care to veterans and their family members who have fallen ill from the water. Miller’s bill is identical to the now-rejected Senate bill introduced by Sens. Richard Burr, R-N.C., and Kay Hagan, D-N.C.

Burr called the revelations disturbing.

“It’s very likely that this information will significantly change the direction and broaden the scope of the government’s scientific inquiry into the water contamination at Camp Lejeune,” Burr said.

The Senate passed legislation in September, backed Burr and Hagan, Richard Burr preventing the military from dismissing claims related to water contamination pending completion of several studies.

Among those is a mortality study that would determine if there are higher mortality rates for those who served at the base during the years water was contaminated.

A Hagan spokesman said that the senator would welcome a hearing, but that her top priority is completion of the studies.

“Right now there are Marines and their families who are sick and seeking answers. It is clear that benzene, a known carcinogen, was in the water supply in dangerous amounts,” Hagan said in a statement to AP. “We cannot leave these families with mounting medical problems and half answers.”

Click here for the full report from AllBusiness.com

CDC Analysis Shows Americans are Loaded With Toxic Chemicals

October 13th, 2010

Natural News

By: Jonathan Benson

For more than a decade, the U.S. Centers for Disease Control and Prevention (CDC) has been conducting bio-monitoring studies to see what types of chemicals people are harboring in their bodies. The most recent report from 2009 shows that there are 212 — and counting — artificial chemicals lodged in human tissues and circulating throughout the blood, many of which are known carcinogens.

Modern society, despite all its conveniences, is a minefield of toxins. Personal care products, food, clothing, furniture, cookware — all these things and more are loaded with harmful chemicals that destroy health. Bisphenol-A (BPA), for instance, is so common in food and beverage containers that most people likely consume more of it on a daily basis than they can expel through urine, which has untold, long-term health consequences.

Earlier this year, NaturalNews highlighted six of the most common chemicals found in the human body today. These include BPA, perfluorooctanoic acid (PFOAs), acrylamide, mercury, and methyl tert-butyl ether (MTBE). Flame retardant consumer products, non-stick cookware, stain-resistant clothing, gasoline, certain types of food packaging, and even overcooked, heavily-fried foods all contain one or more of these chemicals.

Knowing how much of these chemicals each person has and what effects they have in combination with one another is difficult to ascertain, say scientists, but they recognize that there is a serious problem nonetheless. Either way, the research shows that chemical contamination is far-reaching.

“For the public, I think the basic point is just the understanding that chemicals … in our environment do in fact actually get into your body,” said Dr. John Osterloh, chief medical officer of the CDC’s division of laboratory sciences.

With this in mind, it is vital to take active steps to reduce exposure. Buying organic, avoiding chemical cleaning products, and cooking with stainless steel or cast iron are some examples of a few simple ways to avoid toxic chemical exposure.

Click here for the full report from Natural News

Wholesale Prices Rise More Than Expected Due To Jump In Food Costs

April 22, 2010

Yahoo! Finance

By: Christopher S. Rugaber

Wholesale prices rose more than expected last month as food prices surged by the most in 26 years. But excluding food and energy, prices were nearly flat.

The Labor Department said the Producer Price Index rose by 0.7 percent in March, compared to analysts’ forecasts of a 0.4 percent rise. A rise in gas prices also helped push up the index.

Still, there was little sign of budding inflation in the report. Excluding volatile food and energy costs, wholesale prices rose by 0.1 percent, matching analysts’ expectations.

Food prices jumped by 2.4 percent in March, the most since January 1984. Vegetable prices soared by more than 49 percent, the most in 15 years. A cold snap wiped out much of Florida’s tomato and other vegetable crops at the beginning of this year.

Gasoline prices rose 2.1 percent, the department said, the fifth rise in six months.

In the past year, wholesale prices are up 6 percent, with much of that increase driven by higher oil and other commodity prices. But the core index, which excludes food and energy, rose only 0.9 percent.

Consumers are facing smaller price increases, as many companies are reluctant to pass on higher costs. Last week, the Labor Department said the consumer price index rose only 0.1 percent in March. Excluding food and energy, the core consumer index was unchanged.

Core consumer prices rose by just 1.1 percent in the past 12 months, the department said last week, the best showing since January 2004.

Several economists noted that the wholesale price report showed increasing costs at earlier stages of production. That could pressure companies to raise prices later this year. Crude goods prices, excluding food and energy, rose 6 percent in the last 12 months, the department said.

But with unemployment high and credit tight, consumers’ spending power is crimped, limiting the ability of retailers and other firms to pass on the higher costs.

“Today’s report … does not bring any renewed concerns about inflation in the immediate future,” Dan Greenhaus, chief economic strategist at Miller Tabak, wrote in a report to clients.

Low levels of inflation also allow the Federal Reserve to hold down interest rates. The Fed has kept the short-term interest rate it controls at a record low of near zero in an effort to boost the economy.

Click here for the full report.

Gas Prices Rising; May Hit $4 Gallon

April 9, 2010

CBS

By: Derrick Blakley

Don’t look now, but a gradual rise in gasoline prices has suddenly turned into a gallop, with drivers facing a new round of sticker shock.

But as CBS 2′s Derrick Blakley reports, the higher prices might actually be a good thing.

The growing pain at the pump kind of snuck up on many Chicago drivers, but now they’re really feeling the bite.

“I just paid $3.54 for gas,” said Michelle as she filled up at a Chicago gas station. “It’s just outrageous.”

Just a month ago, according to AAA Chicago, unleaded regular averaged $2.86 a gallon in the Chicago area.

Last week, it was $3.02.

Now, it’s $3.08 and many predict it’s heading higher; much higher.

Daniel Flynn, energy trader at PFG Best Research, was asked just how high the gas prices might go.

“That’s the good question,” said Flynn. “I’ve heard as high as $4 a gallon. Some analysts are saying $4.”

What’s going on? Reports that the economy is heating up – with growing consumer spending, higher retail sales and higher auto sales – has speculators betting on higher energy prices, too.

When the economy grows, so does demand for oil. But pushing energy prices too high could backfire.

“The last thing we want to see is higher energy prices at this time,” said Flynn, because it can impact the rest of the economy negatively.

“I’m not happy with it,” grumbled motorist Don Davis as he filled up. “I think it’s gonna kill our recovery.”

Davis fears a repeat of July 2008, when oil prices hit a record.

“It was $140 a barrel for oil and gas was $4 a gallon. I feel it’s happening again. And it’s not good news for the average person, that’s for sure.”

Bad news because money that’s spent on higher energy costs is money diverted from other parts of the economy.

“Anytime you’re spending more money on gas, it’s gonna dip into your pockets a little,” noted Brad, another driver topping off his tank.

Plenty of analysts believe with unemployment still over 10 percent, the economy’s just too weak to sustain gas prices of $4 a gallon.

The consensus seems to be that prices will keep rising for awhile, until reality sets in, with prices coming back to earth, at least by July 4.

Click here for the full report.

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