Monday, October 02, 2006

GOLDSEEK RADIO:The MOGAMBO & Chris Waltzek

September 30th, Show Highlights:

This week, the Dow Jones Industrials soared, recording the highest close in years, nearing its all time high point. Is the sky the limit or is it look out below for stocks?

Plus, gold and silver extended last weeks impressive rally with gold tacking on a solid $10, closing near $600 per ounce. What's next for precious metals. Stay tuned as the GoldSeek.com Radio crew investigates.

After a recap of this weeks top headlines, in the first hour, Bob Chapman joins me to discuss his current take on the markets. Next, Jack Chan is watching the recent move in the energy sector closely for signs of a recovery. Jack believes the four year cycle in stocks may have arrived early this year and the worst may be behind for the equities markets. Plus, Gary Kaltbaum shares his market wisdom with the listeners. The first hour wraps up with the 3rd installment of audio excerpts from Benjamin Graham's: The Intelligent Speculator.

In the second hour of this weeks program, Goldseek Radio is excited to present: "The Most Entertaining Man in Economics," The Mogambo himself returns to the show. Richard Daughty pulls no punches as he illustrates why America is: "...DOOMED," sending Prozac sales to record levels. You won't want to miss Richard's astounding gold price forecast - its beyond the dreams of avarice. According to the Mogambo, in the long run, the dollar must collapse to zero and gold will soar to infinity. Next up, Bob Chapman rejoins me to discuss his calculation of the M3 money supply figure. Bob thinks inflation has reached double digits and he warns investors to take cover from the impending financial fallout. Many, thanks to our lucky callers, your silver coins are on their way.

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Richard Daughty

- The Mogambo Guru


Richard Daughty, who describes himself as "the angriest guy in economics,” is writer/publisher of The Mogambo Guru economic newsletter and a general partner and COO for Smith Consultant Group, serving the financial and medical communities. Prior to joining Smith, Daughty was a financial adviser to American Express Financial Advisers in Clearwater, Florida. He holds an MBA in operations research from the University of South Florida and is a strong advocate for sound fiscal and monetary policy. His comments appear frequently in such fine publications as GoldSeek.com, the Daily Reckoning and Barron’s.

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