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The Mogambo Guru

The Mogambo Guru

Contributor since: 26 Feb 2010

Biography

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.

  • Investing in Gold Will Save Your Butt

    Published 03 November 2010 | viewed 0 times

    When I got back to the office, the place was abuzz, all stemming from how my boss wanted to "see me" as soon as I…

  • Loss of Purchasing Power: The True Inflation-Target Bullseye

    Published 28 October 2010 | viewed 0 times

    When it comes time to put the current crop of economic blowhards and lunatics on trial for the disaster their insanely-bad advice caused, this quote…

  • Pummeled by the Strong Arm of the Financial Ruin

    Published 26 October 2010 | viewed 0 times

    Casey's Gold & Resource Summit reports that "Casey Research's own resident economic genius Bud Conrad" is the "nonpareil whirling dervish of data points," which is…

  • An Economic Standoff to Save the Neighborhood

    Published 22 October 2010 | viewed 0 times

    I was in the living room, happily reading as the kids quietly watched a show on TV that was even more insipid than their usual…

  • Doubling the Value of Silver

    Published 20 October 2010 | viewed 0 times

    With gold and silver going up in price like they are, I spend a lot of time secluded in the Big Mogambo Bunker (BMB), greedily…

  • Why 'Credible Programs' at the Fed are Anything But

    Published 14 October 2010 | viewed 0 times

    My stomach was hurting, so I decided to take a little time off and soothe the old midsection with a few medicinal brews and a…

  • Bond Investors Are People Too

    Published 13 October 2010 | viewed 0 times

    Last week, bond prices were so high that a two-year government note yielded a miniscule 0.43%. To get more than one percent interest, you have…

  • The Mogambo Golden-Real Estate Project

    Published 08 October 2010 | viewed 0 times

    Japan has taken an interesting approach to preventing people from accumulating so much debt that they default; The Wall Street Journal reports that Japan has…

  • Connecting the Dots of Chinese Gold and Currency Reserves

    Published 05 October 2010 | viewed 0 times

    Bill Bonner here at The Daily Reckoning is one of those guys who, for some reason, figures that we (represented, apparently, by me) are smart…

  • The Comedic Value of Naked-Short Paper Gold

    Published 30 September 2010 | viewed 0 times

    I tend to get all obsessed with my own problems, mostly about how I never have enough money to do any of the things I…

  • The Cost of Fed Incompetence

    Published 28 September 2010 | viewed 0 times

    I have grown old yelling at my neighbors and family members to buy gold, silver and oil, to little-to-no avail, and I can see that…

  • Leveraging Junk Debt Off the Charts

    Published 24 September 2010 | viewed 0 times

    The massive door of the Mogambo Bug-Out Bunker (MBOB) was locked, and I was taking a little break, leisurely looking through the periscope/range finder/fire-control module,…

  • Inflationary Understatement

    Published 21 September 2010 | viewed 0 times

    The Market Oracle newsletter jumps into the inflation-deflation debate, and says, "Debt deleveraging deflation completely ignores the fact that we are NOT living in the…

  • The Governmental Money-Vacuum

    Published 17 September 2010 | viewed 0 times

    The drunker I get, the more it seems to me that you slave away at your stupid job every day of your stupid life, hating…

  • Dueling Currencies

    Published 14 September 2010 | viewed 0 times

    My daughter, for some reason, decided that breakfast is the best time of day to tell me that she needs me to give her a…

  • Coded Messages to Buy More Gold

    Published 07 September 2010 | viewed 0 times

    Bloomberg.com had the headline "Bank of Korea 'Under Pressure' to Boost Gold Holdings, Shinhan's Oh Says," which was perfectly understandable, although I have no idea…

  • Signs of an Evil Economy

    Published 03 September 2010 | viewed 0 times

    I am standing on the corner of the street, doing my duty to "give back" to society, in this case by yelling at morons passing…

  • Rounding Up the Culprits of Rising Prices

    Published 31 August 2010 | viewed 0 times

    From Bloomberg.com we get the bad news that "Bank of England Governor Mervyn King said inflation is likely to exceed the UK government's upper 3%…

  • Inflation Follows the Stimulus Boom

    Published 25 August 2010 | viewed 0 times

    Peter Schiff of Euro Pacific Capital notes that the Federal Reserve, and the idiots like Paul Krugman who genuflect at the altar of Keynes, is…

  • The Overvalued Part of a Market Cycle

    Published 17 August 2010 | viewed 0 times

    I had just gotten home from arguing with the in-laws about how they were idiots for not buying gold instead of those stupid stocks and…