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.

Joshua Little Biography and Net Worth

Director of Mercury General

Joshua E. Little is Independent Director of the Company. Mr. Little is also a director of the law firm and serves as Chief Financial Officer on its Executive Committee. Prior to joining Durham, Jones & Pinegar, P.C., Mr. Little was an attorney at the law firm of Latham & Watkins LLP. The Company believes that Mr. Little’s extensive experience advising public companies and companies in the insurance industry as well as his experience in corporate governance matters and his extensive history with the Company qualify him for service on the Board of Directors.

What is Joshua Eric Little's net worth?: The estimated net worth of Joshua Eric Little is at least $221,617.50 as of August 28th, 2023. Mr. Little owns 3,250 shares of Mercury General stock worth more than $221,618 as of December 21st. This net worth evaluation does not reflect any other investments that Mr. Little may own. Learn More about Joshua Eric Little's net worth.
How do I contact Joshua Eric Little?: The corporate mailing address for Mr. Little and other Mercury General executives is 4484 WILSHIRE BOULEVARD, LOS ANGELES CA, 90010. Mercury General can also be reached via phone at (323) 937-1060. Learn More on Joshua Eric Little's contact information.
Has Joshua Eric Little been buying or selling shares of Mercury General?: Joshua Eric Little has not been actively trading shares of Mercury General over the course of the past ninety days. Most recently, on Monday, August 28th, Joshua Eric Little bought 250 shares of Mercury General stock. The stock was acquired at an average cost of $28.56 per share, with a total value of $7,140.00. Following the completion of the transaction, the director now directly owns 3,250 shares of the company's stock, valued at $92,820. Learn More on Joshua Eric Little's trading history.
Are insiders buying or selling shares of Mercury General?: During the last year, insiders at the insurance provider sold shares 1 times. They sold a total of 1,076 shares worth more than $83,153.28. The most recent insider tranaction occured on December, 3rd when VP Heidi C. Sullivan sold 1,076 shares worth more than $83,153.28. Insiders at Mercury General own 35.5% of the company. Learn More about insider trades at Mercury General.
Information on this page was last updated on 12/3/2024.

Joshua Eric Little Insider Trading History at Mercury General

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
8/28/2023	Buy	250	$28.56	$7,140.00	3,250
5/12/2023	Buy	250	$29.33	$7,332.50	3,000
3/13/2023	Buy	250	$29.85	$7,462.50	2,750
8/26/2022	Buy	400	$33.16	$13,264.00	2,500
5/19/2022	Buy	100	$47.33	$4,733.00	2,100
9/7/2021	Buy	150	$58.57	$8,785.50	1,700
9/14/2020	Buy	150	$43.56	$6,534.00	1,550
6/11/2020	Buy	150	$39.89	$5,983.50	1,400
3/13/2020	Buy	250	$39.72	$9,930.00	1,250
11/12/2019	Buy	250	$48.95	$12,237.50	750
2/8/2018	Buy	500	$42.68	$21,340.00	500

Joshua Eric Little Buying and Selling Activity at Mercury General

Mercury General Company Overview

Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. The company also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products. Its automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners insurance products comprise dwelling, liability, personal property, and other coverages. The company sells its policies through a network of independent agents, insurance agencies, as well as directly through internet sales portals in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Mercury General Corporation was founded in 1961 and is headquartered in Los Angeles, California.

Today's Range

Now: $68.19

$66.08

$68.96

50 Day Range

MA: $71.96

$65.64

$78.96

2 Week Range

Now: $68.19

$36.96

$80.72

Volume

1,280,422 shs

Average Volume

242,040 shs

Market Capitalization

$3.78 billion

P/E Ratio

6.76

Dividend Yield

1.74%

Beta

0.84