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.

Charles Bracher Biography and Net Worth

CFO of Grocery Outlet

Charles has over 25 years of experience in the consumer and retail sectors. Since 2012, he has been the Chief Financial Officer at Grocery Outlet Inc., a high-growth, extreme value retailer of quality, name-brand consumables and fresh products sold through a network of independently operated stores. Beginning in 2005, Charles held various finance roles at Bare Escentuals, Inc., one of the leading multi-channel cosmetic companies in the United States and an innovator in mineral-based cosmetics, serving as Chief Financial Officer from 2010 to 2012. Prior to that, Charles worked in finance roles at The Gymboree Corporation and Arnold Palmer Golf Management. He began his career in the Investment Banking Division of Goldman, Sachs & Co. in New York and San Francisco. Charles holds a B.S. in Business Administration from the University of California, Berkeley. He lives in the Napa Valley with his wife and three daughters.

What is Charles Bracher's net worth?: The estimated net worth of Charles Bracher is at least $1.78 million as of June 29th, 2023. Mr. Bracher owns 111,475 shares of Grocery Outlet stock worth more than $1,781,371 as of December 26th. This net worth estimate does not reflect any other investments that Mr. Bracher may own. Learn More about Charles Bracher's net worth.
How do I contact Charles Bracher?: The corporate mailing address for Mr. Bracher and other Grocery Outlet executives is 5650 HOLLIS STREET, EMERYVILLE CA, 94608. Grocery Outlet can also be reached via phone at (510) 845-1999 and via email at [email protected]. Learn More on Charles Bracher's contact information.
Has Charles Bracher been buying or selling shares of Grocery Outlet?: Charles Bracher has not been actively trading shares of Grocery Outlet during the last quarter. Most recently, Charles Bracher sold 106,612 shares of the business's stock in a transaction on Thursday, June 29th. The shares were sold at an average price of $30.17, for a transaction totalling $3,216,484.04. Following the completion of the sale, the chief financial officer now directly owns 111,475 shares of the company's stock, valued at $3,363,200.75. Learn More on Charles Bracher's trading history.
Who are Grocery Outlet's active insiders?: Grocery Outlet's insider roster includes Charles Bracher (CFO), Pamela Burke (CAO), Lindsay Gray (VP), Thomas Herman (Director), Eric Lindberg, Jr. (CEO), Heather Mayo (Insider), Brian McAndrews (Insider), Thomas McMahon (Insider), Erik Ragatz (Director), S. Read, Jr. (Director), Robert Sheedy, Jr. (President), Steven Wilson (SVP), and Jeffrey York (Director). Learn More on Grocery Outlet's active insiders.
Are insiders buying or selling shares of Grocery Outlet?: During the last twelve months, Grocery Outlet insiders bought shares 4 times. They purchased a total of 256,500 shares worth more than $5,330,525.00. During the last twelve months, insiders at the sold shares 21 times. They sold a total of 1,008,015 shares worth more than $22,274,001.65. The most recent insider tranaction occured on November, 15th when Director Erik D Ragatz bought 110,000 shares worth more than $2,007,500.00. Insiders at Grocery Outlet own 4.5% of the company. Learn More about insider trades at Grocery Outlet.
Information on this page was last updated on 11/15/2024.

Charles Bracher Insider Trading History at Grocery Outlet

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
6/29/2023	Sell	106,612	$30.17	$3,216,484.04	111,475
3/6/2023	Sell	12,989	$27.17	$352,911.13	111,475
3/3/2023	Sell	4,535	$27.46	$124,531.10	124,464
10/28/2022	Sell	6,250	$35.29	$220,562.50	77,234
8/18/2022	Sell	10,311	$42.24	$435,536.64	77,234
6/10/2022	Sell	10,000	$38.66	$386,600.00	77,234
5/24/2022	Sell	30,000	$37.80	$1,134,000.00	77,234
5/13/2022	Sell	40,000	$37.52	$1,500,800.00	77,234
3/3/2022	Sell	2,848	$28.33	$80,683.84
3/4/2021	Sell	1,978	$35.27	$69,764.06	66,295
1/27/2021	Sell	17,500	$45.80	$801,500.00	63,144
10/30/2020	Sell	18,750	$44.04	$825,750.00	72,519
10/19/2020	Sell	18,750	$40.87	$766,312.50	72,519
10/5/2020	Sell	25,000	$40.58	$1,014,500.00	78,769
9/8/2020	Sell	18,750	$39.93	$748,687.50	72,519
9/1/2020	Sell	20,000	$41.81	$836,200.00	73,769
8/24/2020	Sell	18,750	$41.39	$776,062.50	72,519
8/10/2020	Sell	18,750	$45.74	$857,625.00	72,519
7/29/2020	Sell	18,750	$43.00	$806,250.00	72,519
4/29/2020	Sell	138,145	$34.39	$4,750,806.55	180,235
4/22/2020	Sell	9,375	$35.77	$335,343.75	51,465
4/8/2020	Sell	65,625	$36.49	$2,394,656.25	107,715
1/27/2020	Sell	18,750	$35.31	$662,062.50	60,840
6/24/2019	Buy	2,610	$22.00	$57,420.00

Charles Bracher Buying and Selling Activity at Grocery Outlet

Grocery Outlet Company Overview

Grocery Outlet Holding Corp. operates as a retailer of consumables and fresh products sold through independently operated stores in the United States. Its stores offer products in various categories, such as dairy and deli, produce, floral, fresh meat, seafood products, grocery, general merchandise, health and beauty care, frozen food, beer and wine, and ethnic products. The company was founded in 1946 and is headquartered in Emeryville, California.

Today's Range

Now: $15.98

$15.40

$16.01

50 Day Range

MA: $17.81

$13.90

$21.25

2 Week Range

Now: $15.98

$13.60

$29.19

Volume

939,418 shs

Average Volume

1,825,190 shs

Market Capitalization

$1.55 billion

P/E Ratio

31.33

Dividend Yield

N/A

Beta

0.25