Good News and Bad News

by James Rickards
Daily Reckoning

As of yesterday, nearly 15 million Americans have tested positive for COVID-19, while over 281,000 people with the virus have died.

Caseloads are actually higher than they were in April (although fatalities are not as great because of improved treatments and new therapeutics).

The U.S. registered over 4 million infections in November alone, more than double October’s record 1.9 million infections. But here’s the good news:

Several highly effective COVID vaccines are already approved for use or are expected to be approved shortly.

The major pharmaceutical companies are geared up to produce billions of doses (and several billion doses are already produced, just waiting for the final approvals).

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