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 GuruHostile Paranoia: A Natural Reaction to Fed Money Printing

Richard Daughty

As the Fed continues to print money reckless abandon, the Mighty Mogambo reacts the only way he knows how: with extreme and hostile paranoia. Oh... and by buying gold, silver and oil with both hands. Read on to discover his long-winded explanation of why "hostile paranoia" is a perfectly logical response to Fed money printing...


Mogambo GuruHow to Buy Your Own “Bread and Circuses”

Richard Daughty

The U.S. is in debt up to its eyeballs - both in the public and private sectors. And more than anything, this has to do with a "borrow and spend" mentality of which no one is willing to rid themselves. Luckily The Mogambo Guru is willing to point out these flaws... and offers an actionable way out of them. Read on...


Mogambo GuruAs the Fed Prints Money, Buy Gold and Brace for Impact

Richard Daughty

Perpetual gold bug and perennial Father of the Year, The Mogambo Guru once again stops by the Daily Reckoning to espouse the supreme importance of buying gold as the Fed continues to print money with reckless abandon... even if that means his children will have crooked teeth for the rest of their lives. Read on...


Mogambo GuruA Massive Tax Hike that Will Doom Us All

Richard Daughty

On this ominous Friday the 13th, the great Mogambo Guru establishes contact from his Mogambo Bunker of Paranoid Hysteria (MBOPH): All while the very government and Federal Reserve created to protect his person and pennies undermine him at every turn. This could get ugly...


Mogambo GuruA Comforting Solution to an Economic Nightmare

Richard Daughty

Thanks to the damnable Federal Reserve, and the inflation that results from unchecked money printing, prices of everything are constantly going up. And for the Mogambo Guru, that's the scariest thing he can think of... Even scarier than a nightmare where ravenous wolves consume him whole. Read on...


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...