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.

Colin William Bell net worth and biography

Colin Bell Biography and Net Worth

CEO of HSBC Bank plc & HSBC Europe and Member of the Group Management Board of HSBC

Colin Bell is Chief Executive Officer, HSBC Bank plc and HSBC Europe. He joined HSBC in July 2016 and was appointed a Group Managing Director in March 2017. He held the role of Group Chief Compliance Officer until February 2021.

Mr Bell previously worked at UBS, where he was Head of Compliance and Operational Risk Control. He has more than 10 years of experience in managing risk and financial crime, following 16 years in the British Army.

During his time in the Army, Mr Bell held a variety of command and staff appointments, including operational tours of Iraq and Northern Ireland, time in the Ministry of Defence, a NATO appointment and completion of the Advanced Command and Staff Course.

He joined UBS Investment Bank in January 2007, becoming the Global Head of Operational Risk Control in 2011. In January 2014, he was appointed the Global Head of Compliance (Regulatory and Financial Crime Compliance) and Operational Risk Control for UBS.

How old is Colin William Bell?: Mr. Bell is currently 56 years old. There are 9 older executives and no younger executives at HSBC. The oldest executive at HSBC is Mr. Noel Paul Quinn, Group CEO, Member of the Group Management Board & Executive Director, who is 62 years old. Learn More on Colin William Bell's age.
How do I contact Colin William Bell?: The corporate mailing address for Mr. Bell and other HSBC executives is 8 CANADA SQUARE, LONDON X0, E145HQ. HSBC can also be reached via phone at 44-20-7991-8888 and via email at [email protected]. Learn More on Colin William Bell's contact information.
Has Colin William Bell been buying or selling shares of HSBC?: Colin William Bell has not been actively trading shares of HSBC within the last three months. Learn More on Colin William Bell's trading history.
Who are HSBC's active insiders?: HSBC's insider roster includes Colin Bell (CEO of HSBC Bank plc & HSBC Europe and Member of the Group Management Board ), Georges Elhedery (Co-CEO ), Gregory Guyett (Co-CEO ), Stephen Moss (CEO of Middle East North Africa & Turkey ), Noel Quinn (Group CEO), Ewen Stevenson (Group CFO), and John Stuart (CEO). Learn More on HSBC's active insiders.

Colin William Bell Insider Trading History at HSBC

Colin William Bell Buying and Selling Activity at HSBC

HSBC Company Overview

HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, global asset management services, investment management, and private wealth solutions. This segment serves personal banking and high net worth individuals. The Commercial Banking segment provides credit and lending, treasury management, payment, cash management, commercial insurance, and investment services; commercial cards; international trade and receivables finance services; foreign exchange products; capital raising services on debt and equity markets; and advisory services. It serves small and medium sized enterprises, mid-market enterprises, and corporates. The Global Banking and Markets segment offers financing, advisory, and transaction services; and credit, rates, foreign exchange, equities, money markets, and securities services; and engages in principal investment activities. It serves government, corporate and institutional clients, and private investors. HSBC Holdings plc was founded in 1865 and is headquartered in London, the United Kingdom.

Today's Range

Now: $49.26

$49.19

$49.46

50 Day Range

MA: $46.64

$44.18

$49.25

2 Week Range

Now: $49.26

$36.93

$49.46

Volume

516,283 shs

Average Volume

1,613,146 shs

Market Capitalization

$177.48 billion

P/E Ratio

8.14

Dividend Yield

4.10%

Beta

0.56