Gold •135 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 945.10 | +1.10 | +0.12% | |
WTI Crude •19 hours | 67.02 | -1.68 | -2.45% | |
Gasoline •19 hours | 1.949 | -0.032 | -1.63% | |
Ethanol •136 days | 2.161 | +0.000 | +0.00% | |
Silver •135 days | 30.82 | +1.16 | +3.92% |
Silver • 135 days | 30.82 | +1.16 | +3.92% | ||
Copper • 135 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 18 hours | 71.04 | -1.52 | -2.09% | ||
Natural Gas • 19 hours | 2.823 | +0.038 | +1.36% | ||
Heating Oil • 19 hours | 2.171 | -0.041 | -1.87% |
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.
-- With a bleary, jaundiced eye, I wearily note that Total Fed Credit was up $4.4 billion, to a total of $829.64 billion, making it…
This article originally appeared at The Daily Reckoning. -- I don't know if it was because Total Fed Credit was down again by $3.7 billion…
This article originally appeared at The Daily Reckoning. -- Total Fed Credit was up a couple of billion bucks last week. Not too bad, but…
This article originally appeared at The Daily Reckoning. -- The Federal Reserve spent last week lowering Total Fed Credit by $5.6 billion, which means that,…
-- My sense of humor is gone, joining my hair and youth in Mogambo Heaven, replaced by a sense of panic, and I'm really, really,…
-- Having consumed enough tranquilizers, mood elevators and anti-depressants that I am barely conscious and involuntarily drooling into my own lap, I can, finally, dispassionately…
-- Things just do not make sense to me anymore, and it is that bewildering confusion and "fear of the unknown" that brings out the…
This article originally appeared at The Daily Reckoning. -- If you are wondering why I am drooling and babbling incoherently, one reason could be that…
This article originally appeared at The Daily Reckoning. -- You probably know me for the real peach of a guy I really am. And in…
-- I had promised that I would be calm, no matter how big or small the change Total Fed Credit last week. All the firearms…
This article originally appeared at The Daily Reckoning. -- So I got back home from the Agora Financial Wealth Symposium in fabulous Vancouver, where everybody…
This article originally appeared at The Daily Reckoning. -- The policeman was yelling through the megaphone, "What are you so mad about, Mogambo? Come out…
This article originally appeared at The Daily Reckoning. -- It was truly cacophonous inside the Mogambo Fortified Bunker Of Pure Fear And Panic (MFBOPFAP), as…
This article originally appeared at The Daily Reckoning. -- My hands were shaking as I looked for the latest report of Federal Reserve data, especially…
This article originally appeared at The Daily Reckoning. -- I creep out from behind the couch and nervously peek between the tightly-drawn curtains in the…
This article originally appeared at The Daily Reckoning. -- I don't know if I am just confused as usual, but I am unsure whether last…
This article originally appeared at The Daily Reckoning. -- Last Friday, after gobbling a handful of assorted tranquilizers washed down with coffee, my wife tied…
This article originally appeared at The Daily Reckoning. -- Things are getting back to normal, and by the alarm bells ringing in the Mogambo Stinking…
This article originally appeared at The Daily Reckoning. -- I was rudely and abruptly awakened by alarm bells ringing. I reflexively shot off an entire…
-- I hope that you receive this copy of the Mogambo guru newsletter, as I am in Mogambo Security Lock-Down Mode (MSLDM) at Security Level…