The Mogambo Guru

Contributor since: 26 Feb 2010

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Biography

• US Money Supply: An Education

  Published 27 April 2010 | viewed 0 times

  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…

• Owning Gold and Silver: The Unsafe Method

  Published 20 April 2010 | viewed 0 times

  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…

• US Deficit Spending: A Tough Pill to Swallow

  Published 15 April 2010 | viewed 0 times

  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…

• Catatonic Oil Consumption

  Published 13 April 2010 | viewed 0 times

  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…

• Laughing in the Face of Financial Destruction

  Published 08 April 2010 | viewed 1,477 times

  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…

• ObamaCare: No Cure for Government Spending

  Published 06 April 2010 | viewed 1,377 times

  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…

• National Income Decline: Time to Put Your Kids to Work?

  Published 01 April 2010 | viewed 1,353 times

  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…

• Ballad of a Heartbreaking Money Supply

  Published 30 March 2010 | viewed 1,176 times

  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…

• Government Funded Businesses: Going Where the Money Is

  Published 26 March 2010 | viewed 1,246 times

  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…

• Financial Talk Show Circuit

  Published 23 March 2010 | viewed 1,237 times

  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…

• Private Debt Decline: Good For US Bad for the Economy

  Published 17 March 2010 | viewed 1,823 times

  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…

• Bet Against the Majority -- Buy Gold

  Published 11 March 2010 | viewed 3,259 times

  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…

• Consumer Debt and the Supply-Demand Dynamic

  Published 09 March 2010 | viewed 1,461 times

  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…

• Borrow and Spend Economics to Pay for Borrowing and Spending

  Published 05 March 2010 | viewed 4,389 times

  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…

• Inflation: The Economic Factor that Never Stops

  Published 03 March 2010 | viewed 2,423 times

  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…

• Persistent Debts Despite the Printing Press

  Published 26 February 2010 | viewed 1,736 times

  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,…

• Stock Market Rallies: Nothing Lasts Forever

  Published 24 February 2010 | viewed 2,866 times

  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…

• Calm in the Face of Fiscal Insanity

  Published 20 February 2010 | viewed 3,997 times

  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…

• Economic Warnings from an Elderly 3rd Grader

  Published 12 February 2010 | viewed 3,309 times

  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…

• Thank the Fed For Your Lack of Purchasing Power

  Published 22 September 2009 | viewed 7,029 times

  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…