Why I'm telling friends to avoid gold stocks

Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."

And if you’d like to get your hands on this, here you go, the complete breakdown.

Paul Krump Biography and Net Worth

Vice Chairman of Chubb

Paul J. Krump has been appointed as Vice Chairman, Global Underwriting and Claims of the Company effective 9/1/2020. He was appointed Executive Vice President, Chubb Group and President North America Commercial and Personal Insurance in January 2016. Prior to Chubb Limited’s January 2016 acquisition of The Chubb Corporation, Mr. Krump was Chief Operating Officer of The Chubb Corporation, responsible for the company’s Commercial, Specialty, Personal and Accident & Health insurance lines; Claims; Global Field Operations; Information Technology; Human Resources; Communications; and External Affairs. Mr. Krump joined The Chubb Corporation in 1982 as a commercial underwriting trainee in the Minneapolis office. He held numerous headquarters and field positions in the United States and Europe, including President of Personal Lines and Claims and President of Commercial and Specialty Lines.

What is Paul J. Krump's net worth?: The estimated net worth of Paul J. Krump is at least $32.43 million as of May 6th, 2021. Mr. Krump owns 118,702 shares of Chubb stock worth more than $32,429,386 as of December 21st. This net worth evaluation does not reflect any other investments that Mr. Krump may own. Learn More about Paul J. Krump's net worth.
How do I contact Paul J. Krump?: The corporate mailing address for Mr. Krump and other Chubb executives is BARENGASSE 32, ZURICH V8, CH-8001. Chubb can also be reached via phone at (143) 456-7600 and via email at [email protected]. Learn More on Paul J. Krump's contact information.
Has Paul J. Krump been buying or selling shares of Chubb?: Paul J. Krump has not been actively trading shares of Chubb in the last ninety days. Most recently, Paul J. Krump sold 17,258 shares of the business's stock in a transaction on Thursday, March 10th. The shares were sold at an average price of $201.74, for a transaction totalling $3,481,628.92. Learn More on Paul J. Krump's trading history.
Who are Chubb's active insiders?: Chubb's insider roster includes Juan Andrade (Insider), Michael Atieh (Director), Timothy Boroughs (EVP), Peter Enns (Exec. VP & CFO ), Peter Enns (EVP), Evan Greenberg (CEO), Annmarie Hagan (CAO), John Keogh (COO), Paul Krump (Vice Chairman), John Lupica (Insider), Paul Medini (CAO), Juan Ortega (EVP), Sean Ringsted (EVP), Robert Scully (Director), Theodore Shasta (Director), and Joseph Wayland (EVP). Learn More on Chubb's active insiders.
Are insiders buying or selling shares of Chubb?: In the last twelve months, insiders at the financial services provider sold shares 16 times. They sold a total of 250,231 shares worth more than $66,790,886.53. The most recent insider tranaction occured on September, 9th when CEO Evan G Greenberg sold 30,318 shares worth more than $8,780,092.80. Insiders at Chubb own 0.9% of the company. Learn More about insider trades at Chubb.
Information on this page was last updated on 9/9/2024.

Paul J. Krump Insider Trading History at Chubb

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/10/2022	Sell	17,258	$201.74	$3,481,628.92
10/29/2021	Sell	30,925	$196.97	$6,091,297.25
5/6/2021	Sell	33,123	$172.07	$5,699,474.61	118,702
2/23/2021	Sell	5,900	$170.60	$1,006,540.00
2/8/2021	Sell	5,600	$165.05	$924,280.00	101,921
2/4/2021	Sell	6,250	$160.06	$1,000,375.00	108,021
11/14/2019	Sell	15,563	$152.07	$2,366,665.41	124,615
8/9/2019	Sell	6,000	$160.00	$960,000.00	112,865
8/7/2019	Sell	5,000	$155.00	$775,000.00	118,865
6/10/2019	Sell	4,000	$150.00	$600,000.00	123,865
6/4/2019	Sell	10,250	$147.41	$1,510,952.50	127,865
4/30/2019	Sell	3,450	$145.00	$500,250.00	139,160
12/21/2018	Buy	28	$145.34	$4,069.52	109,088
11/28/2018	Sell	2	$150.93	$301.86	109,088
7/31/2018	Sell	126	$140.04	$17,645.04	109,088
7/24/2018	Buy	4	$147.12	$588.48	109,088
6/30/2018	Buy	100	$145.19	$14,519.00	109,088
6/23/2018	Buy	3	$145.07	$435.21	109,088
5/30/2017	Sell	14,563	$141.84	$2,065,615.92	78,863
12/17/2014	Sell	5,000	$101.80	$509,000.00

Paul J. Krump Buying and Selling Activity at Chubb

Chubb Company Overview

Chubb Limited provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, casualty, workers' compensation, package policies, risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty; and group accident and health insurance to large, middle market, and small commercial businesses. Its North America Personal P&C Insurance segment provides affluent and high net worth individuals and families with homeowners, automobile and collector cars, valuable articles, personal and excess liability, travel insurance, and recreational marine insurance and services. The company's North America Agricultural Insurance segment offers multiple peril crop and crop-hail insurance; and coverage for farm, ranch, and specialty property and casualty, and commercial agriculture products. Its Overseas General Insurance segment provides coverage for traditional commercial property and casualty; specialty categories, such as financial lines, marine, energy, aviation, political risk, and construction; and group accident and health, and traditional and specialty personal lines for corporations, middle markets, and small customers through retail brokers, agents, and other channels. The company's Global Reinsurance segment offers traditional and specialty reinsurance under the Chubb Tempest Re brand to property and casualty companies. Its Life Insurance segment provides protection and savings products comprising whole life, endowment plans, individual and life, group term life, health protection, personal accident, credit life, universal life, group employee benefits, and unit linked contracts. It markets its products primarily through insurance and reinsurance brokers. The company was formerly known as ACE Limited and changed its name to Chubb Limited in January 2016. Chubb Limited was incorporated in 1985 and is headquartered in Zurich, Switzerland.

Today's Range

Now: $273.20

$270.60

$275.67

50 Day Range

MA: $284.63

$271.57

$301.90

2 Week Range

Now: $273.20

$216.90

$302.05

Volume

2,945,881 shs

Average Volume

1,612,348 shs

Market Capitalization

$110.13 billion

P/E Ratio

11.19

Dividend Yield

1.32%

Beta

0.67