MARKET NEWS / HARD ASSET INSIGHTS

Merry Christmas! – December 24, 2022

MARKET NEWS / HARD ASSET INSIGHTS
Merry Christmas! – December 24, 2022
Morgan Lewis Posted on December 24, 2021

Merry Christmas!

HAI wishes all our readers, their families, and their friends an especially Merry Christmas! HAI will be back next week. See you all then!

Weekly performance: The S&P 500 was up 2.28% this week. Gold was up by 0.38%, silver increased by 1.82%, platinum was up 4.34%, and palladium had a strong move higher, up 9.64% on the week. The HUI gold miners index was up 2.57%. The IFRA iShares US Infrastructure ETF was up 1.88% for the week. Energy commodities continue to be volatile. WTI Crude Oil gained 4.34%, while natural gas lost 1.63% on the week. The CRB Commodity Index was up 1.61%, while copper was up 2.26%. The Dow Jones US Real Estate Index ended the week nearly flat, down 0.08%, while the Dow Jones Utility Average Index was up 0.60% on the week. The US Dollar Index was lower this week, down 0.59% to close the week at 95.99. The yield on the 10-year Treasury increased by 9 bps to close the week at 1.50%.

Happy Holidays Everyone!

David McAlvany
Chief Executive Officer
MWM LLC

Stay Ahead of the Market
Receive posts right to your in box.
SUBSCRIBE NOW
Categories
RECENT POSTS
Commodity Bull – Now or Later? – January 20, 2023
A Perilous Path – January 13, 2023
Signs: What’s Here Today and What’s Coming Tomorrow – January 6, 2023
Unfinished Business from 2022 – December 30, 2022
Merry Christmas! – December 23, 2022
Anatomy of a Yard Sale – December 16, 2022
An Object in Motion – December 9, 2022
Risky Business – December 2, 2022
Double your ounces without investing another dollar!