Gold •163 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 923.90 | -16.80 | -1.79% | |
WTI Crude •10 mins | 71.38 | +1.36 | +1.94% | |
Gasoline •10 mins | 2.004 | +0.015 | +0.76% | |
Ethanol •163 days | 2.161 | +0.000 | +0.00% | |
Silver •163 days | 30.82 | +1.16 | +3.92% |
Silver • 163 days | 30.82 | +1.16 | +3.92% | ||
Copper • 163 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 74.56 | +1.15 | +1.57% | ||
Natural Gas • 10 mins | 3.281 | -0.174 | -5.04% | ||
Heating Oil • 10 mins | 2.273 | +0.037 | +1.64% |
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 was very interested in the news I read from MarketWatch that said, "Hong Kong is pulling all its physical gold holdings from depositories in…
I really got a laugh out of the report from Bloomberg that the Democratic Party of Japan (known in the parlance as DP) won an…
As one more bit of proof that the education system of the United States is a dysfunctional piece of liberal crap, how else to explain…
If you want to know what kind of monetary morons we have in charge of the Federal Reserve, then you have come to the right…
The Bureau of Economic Analysis at bea.gov has put out their latest report of Gross Domestic Product, and it was, as you would expect from…
There are plenty of nightmarish things in the world today, but few nightmares match the terror of finding your wife still awake and waiting for…
Apparently I am one of the few who appreciates the Theater of the Absurd in the Bloomberg news article that reported "President Barack Obama nominated…
TheDailyBell.com had an interview that had the title "Why so many conspiracy theories?" which was intriguing enough, but made funny when they editorialized "Dominant Social…
The Economist magazine had the Buttonwood blog titled "Law of Easy Money", which immediately gets your hopes up that there is such a thing as…
Bloomberg had the story about how "The global financial crisis has blown a hole in the 'efficient markets' theory on which modern economics and modern…
There is suddenly a lot of interest in the idea that the federal government will make holding gold illegal, an example of which is "Is…
Even knowing that the economy is in a recession/depression, it is the kind of headline that grabs your attention: "Recession Worse Than Prior Estimates, Revisions…
I have, as part of my Official Mogambo Duties (OMD), spent many an evening at local bars, sampling various beverages and making goo-goo eyes at…
I was reading Michael J. Panzner's book When Giants Fall, a scary-yet-scholarly look at how the hell we got into this mess, and I was…
I had just finished Final Lockdown Mode (FLM) here at Rancho Mogambo Bunker (RMB) and was starting to relax, or as much as a guy…
There are those of you, whom I call "the overwhelming majority", who are dissatisfied with my snotty-and-unshakable attitude about the price of oil, which I…
The Bureau of Labor Statistics reported that 467,000 jobs were lost in June, bringing total non-farm employment down to 140.2 million, which, although bad, could…
I try not to think about silver, because when I do, my head ends up whirling around at the sheer compelling nature of the fundamentals,…
To show you the kind of idiocy that passes for economics, The Wall Street Journal, in a story about the imminent rise in the minimum…
Federal Reserve Credit dropped $58.5 billion last week, taking the total amount of Federal Reserve credit that they created to a hefty $1.997 trillion. Now,…