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The Mogambo Guru

The Mogambo Guru

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.

  • SEC You Later Mortgage Defaults

    Published 09 August 2007 | viewed 6,327 times

    "One of the things that is keeping the stock market alive is the same reason why China is trying to shore up its banks; to…

  • Negative Inflation: Courtesy of Coke Chocula

    Published 02 August 2007 | viewed 4,850 times

    "With the 'substitution effect' in play, we can then assume that the Fed will say that all consumers would try to escape higher prices in…

  • Being Fed Bigger Bread Prices

    Published 31 July 2007 | viewed 4,754 times

    Peter Schiff of Euro Pacific Capital writes, "In current theory, the excess cash piling up around the world is like manna from heaven. Don't believe…

  • The Market Price of Road Kill

    Published 20 July 2007 | viewed 4,930 times

    "Your problems are all self-inflicted, as you are the same drooling 'I Love Big Government Creating Perpetual Entitlements' moron that elected the Congressional morons that…

  • Pressure Cooker of Inflationary Food Prices

    Published 13 July 2007 | viewed 6,250 times

    "The whole freaking world could turn to 100% biofuels tomorrow, and demand for food could keep rising...while the supply of food could actually go down,…

  • No Short Supply of Freaking Doom!

    Published 28 June 2007 | viewed 5,453 times

    "Then, abruptly out of ammo, with clouds of burnt cordite tingeing the air, the tragic Mogambo falls slowly to his knees, his Mighty Mogambo Head…

  • Death By Inflation Report

    Published 21 June 2007 | viewed 5,480 times

    "You and your money, and the money of your little goon squad storm troopers here, is what is dying, and is going to die! And…

  • The High Price of Low Intelligence

    Published 13 June 2007 | viewed 6,274 times

    "The leadership the Chinese economy is in the hands of people just as stupid and corrupt as the ones in charge of all the other…

  • Financial Toxic Waste Disposal

    Published 06 June 2007 | viewed 6,183 times

    "$503 billion is a lot of collateralized debt obligations, and a whopping 500% increase in three years is enough to make your eyeballs comically spring…

  • Forced to Eat Higher Food Prices

    Published 30 May 2007 | viewed 7,470 times

    "Up to now, the price inflation was the 'fun' kind, as it went into stocks, bonds, housing...Now inflation is showing up in the "not fun"…

  • Trapped in a Government Spending Spree

    Published 17 May 2007 | viewed 5,333 times

    "I deftly add the $3.7 trillion in spending by the federal government plus the $1.3 trillion by the state governments, and after a few tries…

  • Elements of the Dollar's Death Knell

    Published 10 May 2007 | viewed 7,105 times

    "If you think that Treasury Inflation Protected Securities will save your sorry financial butt or stop me from screaming 'Gaaaaah!' in terror, then I scornfully…

  • Economic Nirvana

    Published 26 April 2007 | viewed 5,474 times

    "A quarter of workers...spend everything! If we have any economic downturn at all, even a mere blip in the economy, a quarter of Americans will…

  • Inflation Adjusted Profit Pizza

    Published 19 April 2007 | viewed 4,505 times

    The doors of the Mogambo Bunker of Paranoid Seclusion (MBOPS) clanged shut at the instant I learned that Total Fed Credit actually went down by…

  • Inflation Induced Brouhaha

    Published 12 April 2007 | viewed 5,600 times

    "In short, inflation in food prices, and all other prices, is everywhere you look, which is certainly understandable, since everywhere you look there are central…

  • E-Economic Newsletter

    Published 04 April 2007 | viewed 5,360 times

    Provided as a courtesy of Agora Publishing and DailyReckoning.com. -- Money must be getting tight, as Total Fed Credit was up only $1 billion last…

  • E-Economic Newsletter

    Published 28 March 2007 | viewed 5,231 times

    Provided as a courtesy of Agora Publishing and DailyReckoning.com. -- As a guy who is always screaming about the Federal Reserve creating all that excess…

  • E-Economic Newsletter

    Published 21 March 2007 | viewed 4,486 times

    Provided as a courtesy of Agora Publishing and DailyReckoning.com. -- Watching the economic idiocy all around me, and the impending collapse of the housing bubble…

  • E-Economic Newsletter

    Published 14 March 2007 | viewed 4,359 times

    Provided as a courtesy of Agora Publishing and DailyReckoning.com. -- While Total Fed Credit was down by a miniscule $1.7 billion last week, the Federal…

  • E-Economic Newsletter

    Published 07 March 2007 | viewed 4,957 times

    Provided as a courtesy of Agora Publishing and DailyReckoning.com. -- Total Fed Credit expanded by a measly $1.8 billion last week, made even more insignificant…