Insider’s Selling (Part 5): Larry Fink

A few months ago, I brought you a new series called “Insiders Selling”.

It actually wasn’t meant to be a series, it just became one.  Because day after day, more big names announced they were selling large shares of stock they had held for years in their companies.

And that series proved to be very prescient when the stock market had it’s huge tumble last week.

Now a new round of selling is starting up and I wonder if this will lead to the big one….the real crash I believe they will unleash around November-January and use it to slow down President Trump when he wins a second term.

The latest?

Perhaps the biggest money man of them all, BlackRock’s Larry Fink, filing his SEC disclosure that he’s dumping over $24.8 million worth of BlackRock ($BLK) shares.

Take a look:

New SEC filings show that #BlackRock CEO Larry Fink just dumped over $24.8 million worth of $BLK shares.

The elite know what's coming and are offloading their shares at a historic pace. pic.twitter.com/Gq9HSDFf7q

— Jacob King (@JacobKinge) August 9, 2024

You can see the filing here:

But here’s the thing….

It’s not an isolated sale.

In fact, he’s increased sales recently and been selling a lot over the past year.  Here are the five most recent transactions before this latest $24.8 million sale:

• May 8, 2024: Larry Fink sold 33,000 shares of BlackRock at an average price of $751.58 per share, totaling approximately $24.8 million​ (Benzinga).
• February 6, 2024: He sold 44,500 shares at a price of $684.61 each, amounting to approximately $30.5 million​(Benzinga).
• October 24, 2023: Fink sold 30,000 shares at an average price of $735.50 per share, totaling about $22.1 million​(GuruFocus).
• July 25, 2023: He sold 25,000 shares at $706.23 per share, for a total of approximately $17.7 million​ (GuruFocus).
• March 30, 2023: Fink sold 28,000 shares at $745.10 per share, resulting in a total sale of about $20.9 million​(GuruFocus).

Like I said, this adds to a pattern of behavior we’ve been covering of big names selling shares.

I’ll post the prior reports below in case you missed them:

Jeff Bezos is out:

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

The Walton Family is out:

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

Jamie Dimon is out:

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

And good old Mark Zuckerberg is out:

Insiders Selling (Bonus Part 4): Mark Zuckerberg

So what can you do?

I can already read the comments: Noah, I don't have stocks in the first place!  What should I do?

Well, once again I don't provide personalized financial advice, but it seems to me that one of the smartest things you could do in the face of potentially very bad times ahead is to position yourself in "God's Money" -- precious metals.

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!