Why do past events disappear on the calendar, but others stay visible?

Why do past events disappear on the calendar, but others stay visible? I have toggled in Admin settings for events not ever to be deleted:

There were several events on Dec 3, 4, 5th:

It may have to do with setting if meeting is private or public? The two public events in November are still showing (and there were meetings at least one per day during the work week, all month long):

Here is what was selected for one of the public events:

Here is what was selected for one of the upcoming events (hasnt disappeared yet):

Or maybe connected to specific groups being invited to private events?

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is that the upcoming events calendar?

more info in this topic

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Yes, and I saw the purported solutions, as the final solution is toggled: