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[CNN] One important — and dangerous — way the Omicron surge is different than previous surges in the US [CNBC] Severe weather, omicron infections drive thousands more U.S. flight cancellations [Yahoo/Bloomberg] China Developers Confront a $197 Billion Challenge in January [Reuters] England reports 162,572 new COVID-19 cases, another record [Bloomberg] China’s Foreign Debt Edges Up […]
Weekly Hard Asset Insights By David McAlvany Santa Arrives Late; 2022 Arrives on Time Well, Santa arrived late on Wall Street this year, but he came bearing gifts, nevertheless. This week the S&P 500 accomplished it’s 70th all-time high of the year to wrap up 2021.The index notched an intraday all-time high-water mark on Thursday […]
[AP] Taking a step back: US colleges returning to online classes [AP] Colorado fire victims begin new year surveying destruction [AP] In nation at war with itself, one town tries cup of civility [CNN] The Covid-19 case surge is altering daily life across the US. Things will likely get worse, experts warn [Yahoo/Bloomberg] U.S. Natural […]
Books will be written chronicling 2021. I’ll boil an extraordinary year’s developments down to a few simple words: “Things Ran Wild”. Covid ran wild. Monetary inflation ran wild. Inflation, in general, ran completely wild. Speculation and asset inflation ran really wild. More insidiously, mal-investment and inequality turned wilder. Extreme weather ran wild. Bucking the trend, […]
[Yahoo/Bloomberg] Stocks Waver as Year Draws to a Close: Markets Wrap [Reuters] Global stocks retreat from gains, oil dips as investors reassess COVID look-ahead [Reuters] Oil heads for biggest annual gain since at least 2016 [Reuters] Global M&A volumes hit record high in 2021, breach $5 trillion for first time [Reuters] COVID-driven flight delays, cancellations […]
Today we recap the price of gold, silver, platinum, palladium, and more going into the end of 2021 and look ahead at how the precious metals may position during 2022. Thank you for listening to Golden Rule Radio this last year, we greatly appreciate your listenership. Have a happy New Year. Thanks for listening, if […]
[Yahoo/Bloomberg] U.S. Stocks Rise; Treasuries Gain: Markets Wrap [Reuters] Omicron, dollar gains stall world stocks’ rally [Yahoo/Bloomberg] Oil Steadies After Its Longest Run of Increases in 10 Months [CNBC] Weekly jobless claims total 198,000, less than expected and around 52-year low [AP] Biden, Putin to hold call as Russia-Ukraine tension smolders [CNBC] Economists warn of […]
[Yahoo/Bloomberg] U.S. Stocks Steady; Treasuries Dip: Markets Wrap [Yahoo/Bloomberg] Oil Holds Near One-Month High on Signs U.S. Stockpiles Falling [Yahoo/Bloomberg] Bitcoin Resumes Its Slide, Widening Crypto’s Monthly Losses [Reuters] Asia shares slip as investors ready for end of 2021 [MSN/Bloomberg] U.S. Merchandise-Trade Gap Widens to Record as Imports Surge [CNBC] More than half of U.S. […]
