The Mogambo Guru

Contributor since: 26 Feb 2010

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Biography

• Fed Up With Total Fed Credit

  Published 02 October 2008 | viewed 3,989 times

  "My voice trembles as I read aloud that now, for the first time ever, the Fed has created over a trillion dollars' worth of new…

• Inflation In-Stereo

  Published 30 September 2008 | viewed 5,462 times

  "The next thing I know, my stupid boss is at my door, glaring at me, and I can see in her eyes that she is…

• Cower Before the Great and Powerful Paulson

  Published 25 September 2008 | viewed 3,525 times

  "My God! This is beyond belief! The Secretary of the Treasury will be above the law! My God! I was going to wax loudly indignant,…

• What is a Gold Bug?

  Published 23 September 2008 | viewed 6,484 times

  "A genuine gold bug is a person who is emboldened by knowing that 4,000 years of continuous economic history proves that EVERY fiat currency has…

• Funding Your Retirement on Poor Pizza Profits

  Published 18 September 2008 | viewed 3,410 times

  "Ten years ago, the average investor invested a whole 6-slice pizza, and now, ten years later, they have as little as one slice of a…

• Topsy Turvy Government Policy

  Published 16 September 2008 | viewed 3,967 times

  "Drawing myself up in a posture of overbearing arrogance born of what appears to be some kind of natural law or something, I point out…

• Stupidity Protection Plan

  Published 12 September 2008 | viewed 4,174 times

  "Man, oh man! 'Nothing is off the table'! Wow! How come I never have anyone covering my Mogambo Incompetent Butt (MIB) like that, saying, 'Let's…

• Robbing the Poor of Jeffersonian Wisdom

  Published 10 September 2008 | viewed 4,024 times

  "Because the government (in our case, through its proxy the Federal Reserve) creates excessive amounts of money and credit...the poor must consume less, and the…

• Pride in Acting Like a Pawnshop

  Published 04 September 2008 | viewed 3,296 times

  "And while I have never, to my knowledge, recommended that people 'act like pawnshops', I will note that they are accumulating gold, and so the…

• Intaxicating Rebate Checks

  Published 28 August 2008 | viewed 1,182 times

  "The worst inflation in consumer prices is, in case you were wondering, in Venezuela, suffering a terrifying 33.7% inflation, followed by Pakistan at 24.3%, with…

• Retirement Wake-Up Call

  Published 26 August 2008 | viewed 3,861 times

  "Perhaps this loss in housing equity is why an AARP survey that found increasing numbers of people who are eligible for retirement are, instead, continuing…

• Double-Count Accounting Magic

  Published 21 August 2008 | viewed 4,229 times

  "The bad news is that their money is all gone, but the good news is that I have effectively doubled our family income if one…

• The Profit Potential of Tasty Pork Products

  Published 19 August 2008 | viewed 2,403 times

  "I think there's a Big, Big, BIG Freaking Opportunity (BBBFO) for America and Canada to export pork to China! As one hog-industry observer put it,…

• Gold and the Out of Whack Economy

  Published 14 August 2008 | viewed 4,381 times

  "In case you were wondering, China actually kicked our American butt a long time ago, as China 'surpassed the United States as the world's second…

• The U.S. Dollar on Roman Steroids

  Published 12 August 2008 | viewed 4,003 times

  "The modest decline corresponded with Rome's rise to become an empire. From the original 66 grains of silver, the value had only declined 10% to…

• Fractional-Reserve Banking at its Finest

  Published 07 August 2008 | viewed 2,984 times

  "TFC is what gets created with the literal push of a button at the Fed, and then deposited into the banks (or into the Fed…

• Nowhere to Hide from Inflation

  Published 05 August 2008 | viewed 3,348 times

  "Well, as far as I can tell, diving back into my dark little cubbyhole in renewed fear, the economy is already in shambles because of…

• Betrayed by the Village Idiot

  Published 01 August 2008 | viewed 4,182 times

  "I say that the lesson to be learned here is that we have been betrayed by Congress, again and again, as it screws up everything…

• Confessions of a Silver Optimist

  Published 29 July 2008 | viewed 4,194 times

  "The historical high for silver was set 531 years ago...at a princely $806 an ounce. By comparison, the price of silver less than $19 an…

• Mr. Foreign Investor's Neighborhood

  Published 25 July 2008 | viewed 3,289 times

  "Perhaps the reason that Treasury Secretary Paulson wants to bail out Government Sponsored Entities (GSEs) like Fannie Mae and Freddy Mac is because of who…