Gold •66 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 918.70 | -11.60 | -1.25% | |
WTI Crude •1 day | 67.67 | -1.48 | -2.14% | |
Gasoline •1 day | 1.896 | -0.030 | -1.55% | |
Ethanol •66 days | 2.161 | +0.000 | +0.00% | |
Silver •66 days | 30.82 | +1.16 | +3.92% |
Silver • 66 days | 30.82 | +1.16 | +3.92% | ||
Copper • 66 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 1 day | 71.06 | -1.63 | -2.24% | ||
Natural Gas • 1 day | 2.275 | +0.021 | +0.93% | ||
Heating Oil • 1 day | 2.115 | -0.054 | -2.49% |
Contributor since: 26 Feb 2010
Richard Daughty (Mogambo Guru) is general partner and COO for Smith Consultant Group, serving the financial and medical communities, and the writer/publisher of the Mogambo Guru economic newsletter, an avocational exercise to better heap disrespect on those who desperately deserve it. The Mogambo Guru is quoted frequently in Barron's, The Daily Reckoning, and other fine publications.
"The point is that not only is bank robbing 40% more popular by 40% than last year, but the FBI used to solve 75% of…
"And let's not forget that this lying lowlife loser, St. Louis Federal Reserve President William Poole, is a guy about whom Marketwatch.com reports, 'Last year,…
"Federal Reserve chairman Ben Bernanke has no such qualms about shame, and said he is ready to take "substantive additional action", which the media and…
"So, if inflation in prices is not caused by a depreciating dollar or monetary policy, then Mr. Central Bank Governor Sultan Bin Nasser al-Suwaidi better…
"An entire third of the grain output of the American farm system will disappear from the world's food supply? On top of the terrifying increases…
"Instead of the town saying, 'Oh, my God! What kind of ravenous vampires have we become?' and lowering their...damned taxes, 'The town is pushing a…
"And if you think that silver could go to its rough 15-to-1 long-term ratio to gold, then a $1,200 per ounce gold price would mean…
"...everyone is in apparent agreement that...like heroic armored knights on horseback saving damsels in distress by slaying dragons, the central banks must arrange irresponsible, insane…
"In short, the banks loaned every additional dime of the trillions of dollars that they took in! And then more on top of that! No…
"Let me get this straight; grumpy Russians, in the midst of a gloomy winter, are experiencing inflation in food prices of 1.2% in a month?…
"So I am looking at this Big, Big Problem (BBP)...when I was saved by a little-known Law Of Physics: 'If at any time you find…
"We have finally overruled the Jeffersonian Republic that made America into the world power that it became, in favor of that Hamiltonian nightmare of a…
"If you want something else to show you that people are starting to get smart about owning gold and how this new demand is overwhelming…
"So imagine my horror when I learned that there was no error! We are talking about a quadrillion freaking dollars! Instantly I knew that she…
"This is the most asinine and thoroughly ridiculous thing I have ever heard! In all my years of studying economics and rigorously defending my theories...I…
"Like me getting drunk and surly, and then thinking that getting me drunker makes me more convivial. It does. For awhile. A very short while.…
"It's a frightening Twilight Zone moment when you realize that you started with $500,000 in buying power, and you ended up with, after waiting five…
"Look at me! I am suddenly in the trigger swap business! I get to charge you a fee to float a dollar's worth of bonds…
"But current retirees can relax, as 'The lower inflation-proofing would only apply to future entitlements. Past entitlement would continue to enjoy the more generous inflation…
"So Mr. Mishkin joins Alan Greenspan, running around saying, 'It's not my fault! It's not my fault!', when the whole world spent all that time…