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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.

  • China Enters the Gold Market

    Published 10 August 2010 | viewed 0 times

    There was an editorial power struggle at Mogambo News Service over whether it was Big, Big News (BBN) or if it was Big Freaking News…

  • Government Employees: The Last Great Consumer Base

    Published 05 August 2010 | viewed 0 times

    Things in the economy are getting more and more stressful, and the company's revenues are down, precipitating the rumor around here that there are going…

  • Hedonic Adjustments and the Mulligans of Monetary Policy

    Published 03 August 2010 | viewed 0 times

    I knew it was going to be "one of those days" when, on the very first fairway, this new guy Bob says that he thought…

  • A Crude Display of How to Invest in Oil

    Published 29 July 2010 | viewed 0 times

    I get a lot of mail concerning my single-minded fanaticism about how gold, silver and oil are the best investments to buy when your stupid…

  • Price Stability Not a Fed Priority

    Published 28 July 2010 | viewed 0 times

    I knew the instant that I read the article's title, "Fed Nominees Seek Economic Boost" in The Wall Street Journal, that I was probably going…

  • Green Jobs from the Government Not Gonna Happen

    Published 23 July 2010 | viewed 0 times

    "Green Jobs Don't Exist in a Free Market" was the headline for Tom DeWeese, writing at NewsWithViews.com, which is exactly right; the only jobs that…

  • Raising Taxes to Combat Recession: The Ultimate Fiscal Folly

    Published 21 July 2010 | viewed 0 times

    When I saw that Illinois cleverly solved its budget crisis by just not paying its bills, I knew that the end is near, or would…

  • Complicating Economics

    Published 08 July 2010 | viewed 0 times

    A column by Ambrose Evans-Pritchard of The Telegraph, and appearing through blogs.telegraph.co.uk, recently sported the headline "Time to shut down the US Federal Reserve?" Good…

  • Combating Annuities With Gold, Silver and Oil

    Published 06 July 2010 | viewed 0 times

    People are always writing me and asking questions, which can usually be divided into one of two categories. The first category is the one that…

  • Punctuating the Severity of Excess Money Creation

    Published 01 July 2010 | viewed 0 times

    I know, alas, that there is nothing that can be done to prevent unimaginable suffering and the collapse of the economy, now that the Federal…

  • Fed Credit, Inflation and the Idiots in the Middle

    Published 29 June 2010 | viewed 0 times

    A whole series of alarms occurred after I got the news, although I lost the source, that "food stamp usage just soared to a new…

  • Euro Declines on a Sea of Bankruptcy and Paper Promises

    Published 15 June 2010 | viewed 0 times

    Do you ever get the feeling that you are in some kind of weird dream, where someone is holding a pillow over your face so…

  • Inflation Corroded Copper Coins

    Published 08 June 2010 | viewed 0 times

    Junior Mogambo Ranger (JMR) Phil S. sent an article from the Globe and Mail where I learned that inflation in Canada has been so persistently…

  • Re-Animating a Debt Dog

    Published 05 June 2010 | viewed 0 times

    I have discovered that I am never, ever too drunk not to be instantly angry at the mere mention of the neo-Keynesian halfwit morons who…

  • Inflation Still a Problem, Despite 'Evidence' to the Contrary

    Published 02 June 2010 | viewed 0 times

    I was as surprised, as many were, to see that the Consumer Price Index (CPI) actually declined in April, dropping to 2.2% inflation from March's…

  • There's Always More Money to Print

    Published 18 May 2010 | viewed 0 times

    In my darker moments, usually just before I go freaking berserk and start yelling and screaming about how "We're freaking doomed!" from the idiotic Obama…

  • Investing in Gold: No Doubt About It

    Published 11 May 2010 | viewed 0 times

    I spend a lot of time worrying about how "We're freaking doomed!" and thus I spend a lot of time crying in fear and occasionally…

  • US Deficit Spending: Greenspan and the Government Giveaway

    Published 06 May 2010 | viewed 0 times

    I have long maintained that there is, actually, nothing new under the economic sun for (checking my watch for the precisely correct time) the last…

  • Lost in the Zeroes of Government Finance

    Published 04 May 2010 | viewed 0 times

    Henry CK Liu, writing at atimes.com, has, unlike the Securities and Exchange Commission, apparently not been spending his days downloading pornography on his computer, and…

  • Rising Federal Debt Found to Cause Intestinal Alien Syndrome

    Published 29 April 2010 | viewed 0 times

    I was having breakfast with the family, and to keep from having to listen to their boring stories about their boring lives while I ate,…