How to Profit From the New Boom in Gold

Gold just passed $2,000/oz and is set for a new bull run in 2024. Now a renowned precious metals expert is sharing his No. 1 way to play it for just $5.

A tornado hit an Oklahoma newsroom built in the 1920s. The damage isn't stopping the presses

GRAHAM LEE BREWER
May 03, 2024

SULPHUR, Okla. (AP) -- When Oklahoma and national officials held a press conference Monday to discuss the scale of devastation following tornadoes two days earlier, Kathy John did what she always does: She showed up to report on it for the town's weekly newspaper, the Sulphur Times-Democrat.

But before she could write her story, John had to help her staff salvage computers from the newsroom, which was at the center of the path of destruction on April 28.

"We're gonna get a paper out. It may be a day late, but we're gonna get a paper out," John said from in front of the brick building built in 1926 that houses the newsroom.

Sulphur suffered Oklahoma's worst destruction during an outreak of severe weather when a tornado plowed through downtown in the community of about 5,000 residents south of Oklahoma City. Four people were killed across the state, including a woman who was in a bar near the newspaper's offices.

Kathy John's husband, James John, joined the staff in 1968, after his father ran it for 27 years. Together, the pair have been covering Sulphur, the county seat, for more than 50 years.

In the 83 years their family has owned the paper, it has never missed a printing, Kathy John said. It has come close before.

There was the time about 20 years ago when an overnight freeze followed torrential rains that caused trees and power lines to snap in two. Some residents were without power for weeks, but running on a generator, the newsroom of the Sulphur Times Democrat continued to churn.

But this week has tested the paper's staff of three.

"I've been trying to write a headline all day, but you just can't put into words what happened," James John said, looking at the paper's layout on a computer on his kitchen table.

Their newsroom downtown is without power, so the Oklahoma Press Association delivered a wifi hotspot and other equipment to help the staff put out the paper from the John's home a few blocks away, where they rode out the storm and thankfully took no damage.

The newsroom was built in 1926, the same year the newspaper started printing, and they're likely the original tenants, although no one can say for certain. The building was once a fallout shelter and might be one of the few buildings that will survive. But they worry the town may condemn the structure and raze it with the rest of downtown, James John said.

Several buildings have completely crumpled. Others show the strange precision of tornadic winds, like a shop that is missing its front wall while the clothing inside remains neatly folded or hanging on a rack.

Not far from the newsroom, a sports grill was flattened underneath its roof. One resident, Sheila Hilliard Goodman, died there Saturday night while sheltering from the tornado.

Brick, wood and metal rubble has been pushed to the curbs and maintenance trucks line most of the downtown's modest five blocks, where disaster relief workers attend to downed power lines or sweep debris from the few remaining rooftops. Business owners and their families salvage what they can by loading truck beds and trailers.

Some of the buildings in Sulphur's downtown predate statehood in 1907, and it is listed on the National Register of Historic Places. The town is built on tourism for Chickasaw National Recreation Area, a nearly 10,000-acre (4,046.86-hectare) park across the street with natural springs that travelers once believed had medicinal qualities.

Visitors often compare the smell of the sulfurous water in the springs to rotten eggs. But on Monday, the rich smell of leather hung in the air, wafting down the block through the busted windows of Billy Cook Harness & Saddle.

Sulphur is crawling with reporters from all over the state and country, so the newspaper staff decided they could serve their community best by writing about its strength and resiliency.

"This week we're trying to focus on all the people here helping and the helpers and how blessed we are that we only had one fatality," Kathy John said. "I just think it's the most integral thing to do."

By Tuesday, the Johns had decided to publish the newspaper on Thursday, one day later than usual. The paper is printed in a nearby town that wasn't hit by the tornado.

It had been a tough few days and their heads were still spinning while trying to keep up with the location of the next FEMA press conference or whether the city would let them back into their building to retrieve their archives.

As the recovery continued around them, James John was still working on writing that headline.

"It was a treasure," he said of the old downtown, thinking perhaps that was the angle. "Something along that line, you know: 'Treasure Lost.'"

Continue Reading...

Popular

AbbVie Is 'Successfully Positioned To Absorb Humira Biosimilar Erosion': Analyst

Cantor Fitzgerald initiates coverage on AbbVie with an Overweight rating and a $200 price target. AbbVie is set to manage Humira biosimilar erosion, drive growth with Skyrizi, Rinvoq, and emraclidine, and achieve a high single-digit CAGR from 2024 to 2029.

Must-See: Elon's New Invention is Absolutely Insane - Ad

When you click here and see what Elon Musk's new invention does... And how it works... You will NOT believe it. You'll tell yourself this is just science fiction. But Elon just tested this in a real human... And the result was mind-blowing.

Robinhood Crypto Trading Volume Slumped 57% In April

Robinhood Markets Inc. (NASDAQ:HOOD) reported a significant decline in crypto trading volumes for April, reflecting a broader cooling in retail

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for June delivery rose 83 cents to $80.06 per barrel Friday. Brent crude for July delivery rose 71 cents to $83.98 per barrel.

Should You Buy Bitcoin in 2024? [Expert's Shocking Answer] - Ad

Bitcoin minted 100,000 millionaires and if you're not one of them, that ship has sailed. But there's another millionaire-minting crypto at our doorstep... research shows this coin could be 20X bigger than Bitcoin by the end of the decade. With crypto starting to heat up again, this could be the perfect time to get in.

One Tech Tip: Protecting your car from the growing risk of keyless vehicle thefts

LONDON (AP) — They appear like ghosts in the night, standing outside your house, one holding up an antenna while the other crouches next to the car parked on the driveway. Within seconds, your car is gone, yet another victim amid enabled by the technology designed to make it easier to unlock and start vehicles.

Mohamed El-Erian Says Bond And Equity Prices Getting A Boost After Softer-Than-Expected Headline CPI Numbers And Fueling 'Hopes For An Earlier Interest Rate Cut'

Mohamed El-Erian, the Chief Economic Advisor at Allianz, suggested that the latest inflation data could prompt the U.S. Federal Reserve to consider an earlier interest rate cut, potentially boosting bond and equity prices.

Amazon's Betting Big on This Unknown AI Company - Ad

Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.

Marjorie Taylor Greene Accused Of Racist Behavior By Jasmine Crockett Over 'Fake Eyelashes' Comment

Crockett accuses Greene of racism over fake eyelashes taunt during a hearing. Crockett says Greene has not attacked other colleagues' appearances.

Stock market today: Asian shares advance after another round of Wall St records

Asian shares were mostly higher on Thursday after U.S. stocks rallied to records on hopes that back in the right direction.

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad

The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."

Taiwan is selling more to the US than China in major shift away from Beijing

WASHINGTON (AP) — Whether it's tapioca balls or computer chips, Taiwan is stretching toward the United States and away from China — the world's No. 2 economy that threatens to by force if necessary.

Shhh! This Is One Great Coin... - Ad

Shhh! I truly believe this crypto could be one of the top earning cryptos of all time... In fact, in the coming bull run... this one coin could have the potential to bank 10x... 50x... and even 100x.

Retail Trading Legend Roaring Kitty Returns After Three Years—Can He Spark Another Frenzy?

Keith Gill, better known by his online aliases Roaring Kitty and DeepF**kingValue (DFV), has re-emerged on social media after a three-year hiatus.

Defi Coin Triggers All "Buy" Signals and Could Break Out Soon - Ad

Some are calling this the most promising DeFi project since Ethereum itself. Here's the #1 DeFi Coin Set to Soar. While Bitcoin grabs headlines, this lesser known DeFi coin is quietly gearing up for a monster rally. Experts say now is the time to buy before it reaches escape velocity.

Dogecoin Rises 4.45% Amidst Anonymous 120 Million DOGE Transfer To Robinhood

A transfer of 120 million Dogecoin (CRYPTO: DOGE) to the trading platform Robinhood has coincided with a 4.45% surge in the price of the meme crypt

Instacart partners with Uber Eats to offer restaurant deliveries

Grocery delivery company is partnering with Uber Eats to offer a new perk to its customers: .

Central Banks Buying Gold in Record Numbers - Ad

Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can... Stacking it in their locked vaults on pallets in record numbers. Find out why right here (and see what you can do to get in too with just a few dollars).

NOT REAL NEWS: A look at what didn't happen this week

A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely on social media. The Associated Press checked them out.

"America's No. 1 Retirement Stock" (Name Inside) - Ad

According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?

CEO of Brazil’s oil and gas giant Petrobras steps down following dustup over dividends

RIO DE JANEIRO (AP) — The head of Brazil’s state-controlled oil and gas giant Petrobras has stepped down, the company said in a prepared statement Wednesday, following months of tensions with the federal government.

Jim Cramer Advises Investors To Stick With Good Companies Despite Short-Term Losses: 'You Just Need To Figure Out Which Companies Deserve Your Confidence'

Cramer, a prominent figure in the finance world, suggested that investors should not emulate the trading habits of large hedge funds. Instead, he recommended a long-term investment strategy, emphasizing the need to anticipate and endure market declines.

5 Wall Street Legends Just Bought This One Stock - Ad

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

Germany Nears Decision To Ban Huawei 5G By 2026: Report

Germany is moving towards removing Chinese technology from its 5G core network by 2026, with support from three key ministries citing national security concerns.

Nvidia's Secret Partner... This Is the New AI Chip Powerhouse - Ad

One unknown AI startup could match or even exceed AI's biggest runs in the coming years. Why? Because its technology solves the biggest problem holding back AI. It's a critical component that the industry can't advance without. This company just went public, so right now, it's under the radar.

Despite Bitcoin Hitting $64K, Analyst Says King Crypto Remains In 'Prime Buy Zone'

Bitcoin (CRYPTO: BTC) has surged to $64,000, but a key metric indicates that it’s still in a “prime buy zone,” according to a prominent crypto analyst.

Trump Vs. Biden: New Swing State Poll Reveals Winner, One Key 2024 Election Issue Could Influence Result (Updated)

A new 2024 election poll of swing state voters shows Donald Trump with a commanding lead. One key factor could be determining the race in these markets.

Elon's New A.I. Device is About to Shock the World - Ad

Using this device you see... Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in... "The next step in human evolution."

Binance founder Changpeng Zhao faces sentencing; US seeks 3-year term for allowing money laundering

SEATTLE (AP) — Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange, faces sentencing Tuesday in a Seattle courtroom, where U.S. prosecutors are asking a judge to give him a three-year prison term for allowing rampant money laundering on the platform.

Google Seeks To Repeat Chromebook Success In Education By Rolling Out 'Gemini' AI For Schools, Promises Enhanced Data Privacy

Google is set to introduce its Gemini AI to schools with enhanced data privacy protections, ensuring that educational data is not used for AI training or shared with third parties.

Billionaires Are Now FLOODING Into Gold - Ad

Ray Dalio, John Paulson, and many others all recommend you own gold right now. But did you know there's another huge investor (worth more than all the world's billionaires COMBINED) buying gold by the ton? That's why the best move to make right now could be this little-known gold investment (which you can get started with for just $5).

Nvidia, MicroStrategy, Cisco, Chubb, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Major U.S. indices surged on Wednesday, with the Dow Jones Industrial Average climbing 0.9% to 39,908, the S&P 500 increasing almost 1.2% to 5,308.15, and the Nasdaq rising 1.4% to 16,742.39. These are the top stocks that gained the attention of retail traders and investors throughout the day:

America Has New Type of Money, Making Some Rich...Should You Get It? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

Delaware judge refuses to fast-track certain claims in post-merger lawsuit against Trump Media

DOVER, Del. (AP) — A Delaware judge on Tuesday granted a request by attorneys for Donald Trump and Trump Media & Technology Group, parent company of his Truth Social platform, to slow down a lawsuit filed by two cofounders of the company.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright technicaltrading.org
Privacy Policy | Terms of Service