Insiders Selling (Bonus Part 4): Mark Zuckerberg

This was only supposed to be a 3-part series….and then I realized I forgot someone.

The Alien, Robot, Lizard man himself, Mark Zuckerberg.

I honestly can’t stand this guy, makes my skin crawl, so perhaps that’s why I omitted him in my mind.

But we have to add him to the list because he ranks pretty high on Insider Selling.

First though, let me give you Parts 1, 2 and 3 and in case you missed them:

Insider’s Selling (Part 1): Jeff Bezos Sells $8.5 BILLION of Amazon Stock

Insider’s Selling (Part 2): Walton Family Cashes Out of Wal-Mart!

Insider’s Selling (Part 3): Jamie Dimon Sells MILLIONS Of Stock — First Time Ever In Over 18 Years

Ok, now we look at Zuckerberg....

Founder of Facebook, now Meta.

Is Mark buying or selling his stock right now?

Selling, of course....just like all the other big dogs.

Selling $428 million worth, to be exact:

Recent Insider Selling:

- Jeff Bezos $8.5 billion of $AMZN
- Mark Zuckerberg $428 million of $META
- Jamie Dimon $150 million of $JPM

The Bill & Melinda Gates foundation have also been selling a lot of stocks.

Do they know something we don’t? pic.twitter.com/mGXwmd4pKM

— Genevieve Roch-Decter, CFA (@GRDecter) February 23, 2024

And it's not just Zuckerberg, it's all the other top execs at Facebook too -- they're ALL selling:

🚨Meta insiders are selling big

CEO Mark Zuckerberg and six other $META insiders have sold a combined $80M in stock today, including their COO, CFO, CTO, CLO, and President

That's now nearly $1B in insider sales over the past month👀 pic.twitter.com/69jccQcWKf

— Insider Tracker (@TrackInsiders_) February 21, 2024

So what's up?

Did all of these companies suddenly get less valuable?

Walmart?

Facebook/META?

JP Morgan Chase?

Amazon?

Or do the insiders just know what you and I don't....when the market is going to skyrocket and when it's going to TANK?

Here's more from the NY Post:

Meta boss Mark Zuckerberg pocketed nearly half a billion dollars after selling his company’s shares nearly every day during the last two months of 2023 — a move that coincided with a massive rebound in the Facebook and Instagram parent’s stock price.

The Facebook founder sold a total of nearly 1.28 million shares to secure a $428 million windfall amid Meta’s 194% spike last year, according to regulatory filings this week.

It was the first time that Zuckerberg sold stock since November 2021, according to Bloomberg, which first reported on the moves.

Even after the sales, Zuckerberg still owns about 13% of Meta shares, the outlet said. His personal fortune is estimated to be $125 billion, placing him seventh on Bloomberg’s Billionaires Index.

The IRS will take a significant chunk of Zuckerberg’s proceeds. The billionaire’s stock sales are subject to the federal capital gains tax of approximately 24%, as well as an additional 13.3% state tax in California, where Zuckerberg maintains a $37 million estate.

Meta shares slumped to a seven-year low in 2022 as Zuckerberg spent billions on a widely panned shift toward the metaverse.

But the company rebounded last year as the executive ordered a major cost-cutting spree that included thousands of layoffs and shifted company resources toward the artificial intelligence boom.

Meta shares were flat in trading Thursday.

The Post has reached out to Meta for comment.

Meta is one of the so-called “Magnificent Seven” tech stocks that drove a major stock market rally to close out last year.

The company’s stock sputtered a bit in early December when news of Zuckerberg’s selling spree first surfaced, but they still finished more than 5% higher for the full month.

It’s unclear if Zuckerberg has a specific plan in mind for the cash.

And here's a nice summary from Axios:

When the market is at record highs, that's a great time to convert paper wealth to cash dollars. Just ask JPMorgan's Jamie Dimon, Meta's Mark Zuckerberg, or Amazon's Jeff Bezos — all of whom have been selling a lot of stock of late.

Why it matters: It makes sense even for billionaires to diversify out of having the overwhelming majority of their wealth in a single stock. Now's a great time to do just that.

By the numbers: Between them, the three moguls have sold $9.3 billion of stock in less than a month, per Jonathan Moreland of Insider Insights.

Dimon sold $150 million of JPMorgan shares on Feb. 22.
Zuckerberg sold $661 million of Meta shares between Jan. 31 and Feb. 21.

Bezos sold $8.5 billion of Amazon shares between Feb. 9 and Feb. 20.

Zoom out: Even these astonishing numbers pale in comparison to the $39.5 billion of Tesla shares that Elon Musk sold between November 2021 and December 2022, mostly to raise the cash he needed to buy Twitter.

I'll end this article with a simple recommendation....

I am NOT a financial advisor, but if you feel like you want to follow these guys and get OUT of stocks and into something safe like Gold, here are the only two Gold companies I trust to work with.

They will take VERY good care of you if you need assistance:

The ONLY Two Gold Companies I Am Proud To Partner With

We mostly cover politics here, but politics affects the economy and the economy affects...YOU and ME!  And our pocketbooks.

Big league.

So in the midst of covering politics, we also cover money from time to time...and while I'm not a financial advisor, I share what I'm learning in the hopes that it can help you and keep you and your family safe.

And that often leads me to covering Gold and Silver.

You know, what they have always called "God's Money".

He made it, they aren't making any more of it, and it has always been highly valued as money from the beginning of time until now.

So I'm a big fan and I think it has the potential to do big things if, say, the U.S. Dollar were to suddenly collapse.

So that's why I talk about it and why I want to make sure everyone protects themselves and your families.

So to answer the question of "what can I do?" it's really quite simple: you need to get some #Gold or #Silver in your own possession.

It's called "physical" gold and silver.

Not paper traded garbage on the stock exchanges that isn't backed by anything.

Don't touch that stuff.

And because I get asked so much how to buy it and what the best places are, I thought I would publish this and just get it out there for all to have....

I have two special hook-ups for you and these are the ONLY two companies I am proud to partner up with on Gold and Silver.

Both involve PHYSICAL gold and silver.

Because if you do NOTHING else, make sure you own "physical" gold and silver, not paper contracts.

The paper contracts (like stock ticker SLV and GLD) could very well go POOF one day and disappear or go to zero, because they're not actually backed by the gold and silver they claim to represent.

It's a massive game of musical chairs out there and when the music stops (and I think it will stop soon...) people who only own paper might find themselves owning something not worth the paper it's literally written on.

And I know you'll never forget it if I give you this GIF so....Let's Get Physical:

Now...WHERE do you get physical gold and silver and how do you know it's real and safe?

And that you're getting the best price?

Oh, and how about personal one-on-one real customer service?

You know, like you were some Big Wig millionaire at Goldman Sachs who could just call their personal banker and get help?

That's what I'm about to tell you.  

I have two killer connections for you...

The first is for purchasing gold and silver bullion.

That means bulk bars.

That's the cheapest and most economical way to do it, to stretch your dollar into as much gold and silver as possible.

The website is called WLT Precious Metals and when you see my logo in the top left-hand corner, you'll know you're in the right place.

You'll get a personal phone call with Ira Bershatsky (or someone on his team) and they will work with you free of charge for as long as needed to answer any questions you have and get you taken care of.

How about that!

You don't see that much anymore, but Ira and his team pride themselves on good old-fashioned real customers service:

No sales pitch, just real, actual help.

And the best prices you will find.

Here's the only disclaimer I will give you: because they do pride themselves on dedicated service, it might take a few days before you get a phone call back.  Just be patient.

Good things come to those who wait!

You can contact Ira and WLT Precious Metals here.

Ok, that was #1.

Now I want to tell you about option #2.

An equally great company, I am so happy to be working with these guys.

This next company is called Genesis Gold and this is for people who want to purchase real physical gold or silver in their IRAs (Investment Retirement Accounts).

You know what the beauty of that is?

Two huge benefits actually...

First is TAX FREE baby!

I'm not a tax advisor, but that's a general oversimplification.

Never pay more taxes than you are legally required to pay.

And that's why I love getting gold and silver in my IRA (and why I hold a large chunk in an IRA myself!).

Second is if you simply shift money out of stocks (like Peter Schiff recommends) and into Gold, it won't cost you anything!  No money out of pocket!  

BOOM!

There's so much to love about Genesis Gold, starting with the fact they are proudly and un-ashamedly Christina!

They call it "Faith-Driven Stewardship" and they put it right on the homepage of their website along with a quote from Ezekiel:

Wealth Preservation With Gold & Silver –
The Genesis Gold IRA

By your wisdom and your understanding you have made wealth for yourself, and have gathered Gold and Silver into your treasuries – EZEKIEL 28:4

Genesis Gold Group believes the Bible gives clues on how man-made currencies (paper money) represent instability, and a lack of virtue and encourages living wastefully in excess.

Conflicts have beleaguered us since the dawn of civilization, and they can all be encapsulated into one battle. The battle is between currency, man-made paper, and gold and silver — the two precious metals found in our Earth’s crust, sent to us by our Lord to use as money. Man-made currency always leads nations down the path to increased war, greed, and ultimate collapse. History has shown that abandoning gold and silver has always been a bad idea. Gold and Silver enforce discipline, nurture self-constraint, self-reliance, and balance, and lead to confidence, a restrained government, and a more stable foreign policy.

Genesis Gold Group believes in empowering faith-driven stewardship with Gold & Silver are an integral part of a balanced portfolio. Protecting your finances with precious metals has never been more crucial during these trying times.

With a combined 50-plus years in the precious metals industry, let your Genesis gold and silver experts guide you through the simplicity of asset protection and growth with our Genesis Gold IRA.

Sincerely,

Genesis Gold Group

Empowering Faith-Driven Stewardship

Here's more on why gold and silver in your IRA are so powerful:

You can contact Genesis Gold here.

They are also very backed up with record demand, so you may have to wait a bit, but someone WILL get in touch with you for personal customer service and assistance!

Tell 'em Noah sent ya!

Oh, and did you know Genesis is recommended by SUPERMAN himself?

It's true.

Superman himself, Clark Kent -- Dean Cain -- came on my show a few weeks ago and we broke it all down:

Watch here:

Stay safe!

Make sure you can weather the storm when it hits!