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Exclusive Interview
Saturday, August 01, 2009 – with
Scott Smith
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Posted by Ergun V on 8/16/2009 10:05:17 AM
Mogambo is not the heart of darkness. He is the light at the end of the tunnel. Well done.
Reply from the Daily Bell:
Good point.
Posted by Thomas Clawson on 8/16/2009 11:55:49 AM
Wooo! It's like the words came out of my mouth. Ditto, Ditto, Ditto, etc.
Reply from the Daily Bell:
Mogambo Dittohead?
Posted by Marty on 8/16/2009 3:12:23 PM
I myself owe the MMM (Mighty and Majestic Mogambo) a debt of gratitude. It was his column that first introduced me to the hard money school of thought, and convinced me to invest in gold (very profitably I might add). I was hoping the Mogambo would grace the Agora Financial symposium in Vancouver this year, as he has in the past, but I was to be disappointed. Nevertheless I drank many beers, and ate many slices of pizza in his honor. There is no doubt that the Mogambo is one of the greatest financial stinkers, ... uh I meant thinkers of our day. I am not sure if his idea of a beer, and taco backed currency is practical though.
Reply from the Daily Bell:
Thanks for the insights.
Posted by W.D. Gottschalk on 8/16/2009 6:14:23 PM
The Mogombo Guru is just delightful! A little humor goes a long way in a world where politicians appoint the perpetrators to fix the results of their crimes. It is high time we figure out how to unseat these people.
Reply from the Daily Bell:
As delightful as a gorilla investor can be.
Posted by Erick Tippett on 8/17/2009 12:52:25 AM
The only thing I would add to Mr. Daughty's excellent,informative, and revealing interview is that on a personal level he should feel fortunate that only his trash cans were damaged by suspicious means.
According to Gary Kah (1991) Mr. Luis T. Mcfadden in a five minute tirade against the Federal Reserve Board in l932 found himself shot at twice on his way to a Manhattan
Hotel Restaurant several weeks later and became violently ill after that, apparently a victim of poisoning according to the doctor with whom he was lunching that day!
Oh yes by the way, Mr. McFadden was the congressional rep from the state of Pennsylvania and was for a few years chair of the Committee on Banking and Currency!
It was a surprising experience to see Mr. Daughty's comments printed. I have had much less caustic remarks 'censored' on a number of occasions. But I guess it depends upon whom the commentary is coming from as to the reaction illicited.
Again, my congratulations and much thanks to Mr. Daughty for speaking his mind.
Reply from the Daily Bell:
Perhaps Mr. Daughty is just joking.
Posted by Dave Kress on 8/17/2009 9:24:09 AM
As usual, more ranting and raving about central banking in colorful terms but NO FIRM SOLUTIONS that are PRACTICALLY IMPLEMENTABLE. Come on guys, start making recommendations as colorful as your language!-and then get them implemented.
Suggestion: Write Ron Paul's next interrogation of Ben Bernancke and get him to use it so the whole nation can hear the truth and maybe get us a "town hall" effect like health care is now getting. Americans are at the tipping point. This should do it. You heard it here first.
Reply from the Daily Bell:
We have suggested a gold and silver market-based standard.
Posted by Howard Bernbaum on 8/17/2009 9:31:25 AM
I commend the Daily Bell for this interview. It must be great as it totally reflects my own thoughts on the subject, including the use of acronyms. Your loyal reader(YLR)
Reply from the Daily Bell:
Thanks very much (TVM).
Posted by Duane Bass on 8/17/2009 2:27:58 PM
Man that Mogambo dude was too funny. . . I really enjoyed his view of the world and the economy, and of course I agree with him totally. He really should be a comedian. . .
Reply from the Daily Bell:
A gorilla?
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We look forward to reading your feedback. All comments are automatically posted. However, please note that any posts containing harassment, vulgarity, personal attacks or those which are deemed to be of a violent nature are not welcomed and will either not appear or be removed.
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© Copyright 2008 - 2010 Appenzeller Business Press AG (ARBP). All Rights Reserved. The Daily Bell is an informative compendium of independent economic views and analysis, which is published by ARBP. The information contained in the Daily Bell is for informational purposes only, is impersonal and not tailored to the investment needs of any particular person and should not be construed as financial or investment advice. ARBP does not accept any liability or responsibility for, nor does it verify the accurateness of the information being provided in the Daily Bell. Daily Bell articles and interviews may include the contributions of several Daily Bell editors and may require factual editing after their initial post. Readers of the Daily Bell or any affiliated or linked sources or sites must accept the responsibility for performing their own due diligence before acting on any of the information provided within the report regardless of the source. In addition to proprietary, internally generated content, the Daily Bell publishes guest editorials from a selection of free-market thinkers, which may have been reprinted elsewhere and are not necessarily representative of ARBP's editorial views. Copyright is attributed to the author of any guest editorials featured at the Daily Bell, unless noted otherwise. ARBP often uses images licensed from Getty Images on the Daily Bell website.
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