Gold •162 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 940.70 | +0.00 | +0.00% | |
WTI Crude •10 mins | 70.34 | +0.32 | +0.46% | |
Gasoline •11 mins | 1.997 | +0.008 | +0.40% | |
Ethanol •162 days | 2.161 | +0.000 | +0.00% | |
Silver •162 days | 30.82 | +1.16 | +3.92% |
Silver • 162 days | 30.82 | +1.16 | +3.92% | ||
Copper • 162 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 73.68 | +0.27 | +0.37% | ||
Natural Gas • 10 mins | 3.448 | -0.007 | -0.20% | ||
Heating Oil • 14 mins | 2.242 | +0.006 | +0.25% |
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.
It all seems so weirdly surreal when federal deficit-spending exceeds 14% of GDP, which doesn't even include the 7% of GDP that is the "balanced…
George Ure of UrbanSurvival.com writes that the magic of just pounding money into the economy doesn't seem to be working this time, and it reminds…
I thought that I had a pretty good handle on how much "stimulus" money Congress and the Fed have spent so far, ranging, as it…
Bloomberg.com had Alan Greenspan, disastrous former chairman of the Federal Reserve - who is the one person directly responsible for all of our economic woes…
I keep moaning and groaning as I look at the prices of assets - including houses that are overpriced, stocks that are overpriced, bonds that…
There are obviously a lot of differences between me and damned near everybody else, one of which is that I spend a lot of time…
I keep looking at the $1.5 trillion increase in the national debt in the last 12 months, due to the Congress deficit-spending and the Federal…
I thought I was still asleep and merely dreaming when I opened up Barron's and saw that the earnings of the S&P 500 dropped to…
Gerald Celente, founder and director of the Trends Research Institute opines, "To be using 1930s models to get the U.S. out of this is really…
Voluminous police reports through the years chronicle my wailing and screaming in fear, often far into the night, as neighbors and family complain until the…
It looks like the rush to buy gold is really getting started, as Julian D. W. Phillips of GoldForecaster.com reports that "the combined gold holdings…
I am hoping that someone from the media will ask me about my current thoughts on the "deflation or inflation" debate, but they probably won't,…
"The word 'Gaaaahhh!' escapes my throat, as all of this was BEFORE all the new promises of massive new deficit spending! Trillions of dollars of…
"And as the bust continues, gold always becomes MORE valuable as everything else turns to crap and the government starts destroying everything with fits of…
"It's just too bad that government workers are a deadweight loss, as they produce no profit from their labors with which to pay their bloated…
"I know there is opportunity, just like I know you ruined my life! That is why I am buying gold, silver and oil at these…
"Apparently, the horrifying news of negative interest rates does not register with these morons; the bartender went back to talking to the pretty girl at…
"Unfortunately, while I am exactly like the Federal Reserve in that we are both total, complete failures at our jobs, mostly through sheer stupidity, the…
"And the reason is that the Lagging Indictor with its inflation detector attributes has been rising faster than the other two for as long as…
"What? A $2 trillion federal budget deficit? In a $13 trillion national economy? Gaaahhhh! When the trade deficit is running at almost $900 billion a…