Gold •129 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 978.50 | -20.60 | -2.06% | |
WTI Crude •1 day | 70.38 | -1.98 | -2.74% | |
Gasoline •1 day | 2.013 | -0.041 | -2.00% | |
Ethanol •129 days | 2.161 | +0.000 | +0.00% | |
Silver •129 days | 30.82 | +1.16 | +3.92% |
Silver • 129 days | 30.82 | +1.16 | +3.92% | ||
Copper • 129 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 1 day | 73.87 | -1.76 | -2.33% | ||
Natural Gas • 1 day | 2.669 | -0.024 | -0.89% | ||
Heating Oil • 1 day | 2.239 | -0.048 | -2.08% |
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.
One of the reasons behind the Federal Reserve creating so many trillions and trillions of dollars in new money is so the stock market will…
I have grown to think that the definition of "economics" was the one found in the Mogambo Big Book Of Economic Stuff (MBBOES), which is,…
John Rubino at Dollar Collapse.com obviously thinks, like I do, that inflation is a Terrible, Terrible Thing (TTT). To prove it, and to simultaneously prove…
I was having a leisurely breakfast with the family when I read where Philipp Bagus, writing at Mises Daily newsletter, quotes James Bullard, president of…
As an example of the kind of sheer monetary insanity that is happening all around us and that is going to destroy the United States…
The lights of the Mogambo Security System (MSS) glowed dimly in the gloom of the bunker as I cowered in the darkness, and there were…
Adrian Ash of BullionVault.com writes that "the International Monetary Fund said it has completed the gold bullion sales program begun in October 2009," and now…
There are a lot of things in this world that I do not understand, and perhaps it is because of this persistent befuddlement that, for…
No matter how much I try to calm down, I can't stop being angry about the unbelievable, towering arrogance of the horrid Ben Bernanke, chairman…
This week's winner of the coveted Mogambo Bluster And Incompetence Award (MBAIA) goes to Dominique Strauss-Kahn, the Managing Director of the International Monetary Fund. I…
The Financial Times brought up the interesting point that because bond prices are so insanely high (making bond yields so preposterously low), a one-percent change…
I was telling the doctor that I distinctly heard a popping sound inside my head when I saw that the foul Federal Reserve had created,…
If you want some bad news, then Doug Noland, in his Credit Bubble Bulletin at PrudentBear.com, has some for you. He reports that that "Global…
I thought I knew everything about the foul Federal Reserve in that I knew they cause inflation in prices by deliberately creating too much money,…
Unfortunately, it is not only Robert Zoellick of the World Bank that has notoriously turned against a gold standard, but The DailyBell writes about similar…
Kopin Tan of Barron's has the honor of having his photo accompanying his Streetwise column, and my Keen Mogambo Eyesight (KME) notices that he appears…
If there are two things that you can count on, it is that you have got to be pretty quick to get the last piece…
There are a lot of intricacies in the Federal Reserve's evil ways, especially as concerns creating $900 billion in the next six months in another…
Ted Butler, famous silver analyst and the guy who kept up the pressure about the corruption in the silver futures market for the last 15…
The latest news to depress me is that incomes were reported down 0.1%, and the latest news about spending is that spending is up 0.2%.…