Richard Daughty

The Mogambo Guru

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. For podcasts featuring the Mogambo, click here.

Richard Daughty's Recent Articles

Mogambo GuruInvestment Solutions in an Age of Monetary Madness

Richard Daughty

An economy that relies as heavily on credit and debt creation as the U.S. does is bound to encounter trouble eventually. Today, the Mogambo Guru explains why this massive debt will inevitably destroy the economy and then demonstrates the subtle difference between a "Special Kind Of Stupid" and a "Special Kind of Brilliant." Read on...


The Obvious Way to Fight Food Inflation

Richard Daughty

While his ungrateful kids might be sick of hearing the Same Old Mogambo Crap (SOMC) about the damnable Federal Reserve, it is nevertheless important to know how to combat the inflation that will come from the Fed's insanely inflationary monetary policy and the coming Big Mogambo Financial Supernova (TBMFS) that threatens us all. Read on...


On a Manhunt for Newly Created Currency

Richard Daughty

Thanks to the tireless efforts of the Federal Reserve, currency in circulation is up $72.5 billion in the last year - which equates to $234 for every man, woman and child in America. And after rifling through his wife's purse yielded fruitless results, The Mogambo Guru has launched an all-out investigation to find his share. Read on...


Buying Gold: The Mogambo Guru Moron Test

Richard Daughty

With so much government money printing and central bank idiocy, it's a wonder more people don't realize how to combat the sheer idiocy that is modern monetary policy. Luckily the Mogambo Guru is here to enlighten us, and offers a simple test you can take to see if you are, in fact, a moron. Read on...


The Place to Be When the House of Debt Collapses

Richard Daughty

Thanks to mounting debt obligations, poor leadership and excessive money printing, the U.S. has created a no win scenario for itself. Luckily, the Mogambo Guru sees a way out, and it starts with recruiting young "Fabulous Mogambo Patriots" to get the job done. Read on...


The Mogambo’s Top Three Top-Rated Investments

Richard Daughty

With so many money-making opportunities available, investing wisely can be a monumentally difficult task. And there are any number of gurus who will offer to help you out. That's why the Mogambo Guru has thrown his hat into the ring, offering would-be investors a glimpse at his "top three top-rated investments." Read on...


The Book that Beat the Fed

Richard Daughty

With so much crippling debt threatening to topple the US economy, it's a wonder people even get out of bed in the morning. That's why the Mogambo is snug and safe inside the silent and comforting Mogambo Big Boy Bunker (MBBB), where he's free to fully examine the US' economic mess. Read on...


Out With the Old in the With the New Debt

Richard Daughty

There are a few certainties in life: death, taxes and the Mogambo Guru's sincere hatred of the "damnable Federal Reserve." Today we're given unprecedented access to the Mogambo's... er... unique Thanksgiving feast, and what would happen if the Honorable Ron Paul stopped by. Read on...


Spending Money Like a Somali Pirate

Richard Daughty

Over the years, the Mogambo has accumulated his fair share of enemies. But if you were forced to pick one as his "arch nemesis" it would undoubtedly be the Federal Reserve. Today, he takes them on again, by way of an ancient Roman Emperor, a fast food employee and the economics of Somali piracy. Read on...