Gold •154 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 953.40 | -6.80 | -0.71% | |
WTI Crude •10 mins | 68.66 | -1.28 | -1.83% | |
Gasoline •10 mins | 1.946 | -0.016 | -0.82% | |
Ethanol •154 days | 2.161 | +0.000 | +0.00% | |
Silver •154 days | 30.82 | +1.16 | +3.92% |
Silver • 154 days | 30.82 | +1.16 | +3.92% | ||
Copper • 154 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 72.50 | -1.12 | -1.52% | ||
Natural Gas • 10 mins | 3.026 | -0.016 | -0.53% | ||
Heating Oil • 10 mins | 2.171 | -0.047 | -2.12% |
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.
I had gradually reset upward the Minimum Threshold Value knobs of the Mogambo Fed Credit Alert System since things started getting whacky and it kept…
Thanks to Bill Murphy and the Gold Anti-Trust Action (GATA) committee, the slimy, market-manipulating goings-on in the short-selling of gold futures and silver futures to…
Most people know me as the peachy kind of wonderful guy who, when you are piteously beaten down by a cruel and unforgiving world, and…
Julian Phillips at Goldforecaster.com writes that Saudi Arabia, the major oil exporter, "exported more oil to China than to the United States last year" which…
Sometimes, when things seem to have gotten their worst, I morosely think that things could not get any worse, and pretty soon I am thinking…
I know that I should write something about ObamaCare and the new health insurance law that is over 2,000 pages long to achieve a blatant…
The fact is that Social Security is seemingly doomed, as, for the first time, this year more money will be paid out to beneficiaries than…
As much as I scream in Loud Mogambo Outrage (LMO) about the sheer amount of money that is being created that will create horrendous inflation…
It's always been true, over and over, that corruption is always at its maximum at the end of long booms powered by an expansion of…
The recent weird action in gold, namely that its price has not risen despite every reason to rise, has people angrily writing to me and…
I got a disturbing email from Bianco Research which showed a chart of "Private Credit Market Debt" which they say shows "Total credit market creation…
I was laid out on the couch, which I remember distinctly because my wife was yelling, "If you're going lay down on the couch instead…
I was recently reminded of the old argument about Say's Law, and that reminded me that it was Keynes who twisted Say's theories around to…
Okay, I will admit that we had a little accidental gunfire around here recently, but nobody was hurt, and all that really happened is that…
I am a guy who thinks that such huge explosions in money supplies around the world and the explosions in government deficit-spending around the world…
The proverbial boogeyman, the phrase "end of the world as we know it", is not particularly significant to me because it is, literally, always true,…
People hear my clear, clarion call for them to buy gold, silver and oil as their protection from the monetary and fiscal stupidities which abound…
Eric Fry here at The Daily Reckoning is "reporting from the Golden State with the tarnished finances", which was a riddle that I instantly knew…
I was leisurely looking out of the periscope of the Mogambo Bunker Of Paranoid Fear (MBOPF), using it not as an aiming device with which…
In case you were wondering, there is no way to stop spending a debt-based currency once you start, which handily explains why Doug Noland, in…