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.

Michael G. McCaffery net worth and biography

Michael McCaffery Biography and Net Worth

Director of NVIDIA

Michael G. McCaffery is the Managing Director of Makena Capital Management, an investment management firm. From 2005 to 2013, he was the Chief Executive Officer of Makena Capital Management. From 2000 to 2006, he was the President and Chief Executive Officer of the Stanford Management Company, the university subsidiary charged with managing Stanford University’s financial and real estate investments. Prior to Stanford Management Company, Mr. McCaffery was President and Chief Executive Officer of Robertson Stephens and Company, a San Francisco-based investment bank and investment management firm, from 1993 to 2009, and also served as Chairman in 2000. Mr. McCaffery is currently a director of C3.ai, an AI software provider, and also serves on the boards of directors, or on the advisory boards, of several privately held companies and non-profits. He was a director of KB Home, a homebuilding company, from 2003 until 2015. He holds a BA degree from the Woodrow Wilson School of Public and International Affairs at Princeton University, a BA Honours degree and an MA degree in Politics, Philosophy and Economics from Merton College, Oxford University, Oxford, England, and an MBA degree from the Stanford Graduate School of Business. He joined the NVIDIA board in 2015.

What is Michael G. McCaffery's net worth?: The estimated net worth of Michael G. McCaffery is at least $43.33 million as of March 15th, 2021. Mr. McCaffery owns 321,699 shares of NVIDIA stock worth more than $43,332,855 as of December 21st. This net worth estimate does not reflect any other assets that Mr. McCaffery may own. Learn More about Michael G. McCaffery's net worth.
How do I contact Michael G. McCaffery?: The corporate mailing address for Mr. McCaffery and other NVIDIA executives is 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA, 95051. NVIDIA can also be reached via phone at (408) 486-2000 and via email at [email protected]. Learn More on Michael G. McCaffery's contact information.
Has Michael G. McCaffery been buying or selling shares of NVIDIA?: Michael G. McCaffery has not been actively trading shares of NVIDIA in the last ninety days. Most recently, Michael G. Mccaffery sold 39,270 shares of the business's stock in a transaction on Thursday, December 3rd. The shares were sold at an average price of $53.6990, for a transaction totalling $2,108,759.73. Following the completion of the sale, the director now directly owns 132,160 shares of the company's stock, valued at $7,096,859.84. Learn More on Michael G. McCaffery's trading history.
Who are NVIDIA's active insiders?: NVIDIA's insider roster includes Robert Burgess (Director), Robert Burgess (Director), Tench Coxe (Director), John Dabiri (Director), Persis Drell (Director), James Gaither (Director), Jen Huang (CEO), Jen-Hsun Huang (Co-Founder), Dawn Hudson (Director), Harvey Jones (Director), Colette Kress (CFO), Michael McCaffery (Director), Stephen Neal (Director), Mark Perry (Director), Ajay Puri (EVP), Donald Robertson, Jr. (Insider), A. Brooke Seawell (Director), Debora Shoquist (EVP), and Mark Stevens (Director). Learn More on NVIDIA's active insiders.
Are insiders buying or selling shares of NVIDIA?: In the last year, insiders at the computer hardware maker sold shares 62 times. They sold a total of 8,939,399 shares worth more than $1,122,566,564.40. The most recent insider tranaction occured on December, 16th when Director Tench Coxe sold 1,000,000 shares worth more than $131,260,000.00. Insiders at NVIDIA own 4.2% of the company. Learn More about insider trades at NVIDIA.
Information on this page was last updated on 12/16/2024.

Michael G. McCaffery Insider Trading History at NVIDIA

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
12/3/2020	Sell	39,270	$53.70	$2,108,759.73	132,160
8/29/2019	Sell	23,610	$16.60	$391,926.00	164,310
8/27/2019	Sell	150,000	$16.60	$2,489,550.00	275,790

Michael G. McCaffery Buying and Selling Activity at NVIDIA

NVIDIA Company Overview

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications. The Compute & Networking segment comprises Data Center computing platforms and end-to-end networking platforms, including Quantum for InfiniBand and Spectrum for Ethernet; NVIDIA DRIVE automated-driving platform and automotive development agreements; Jetson robotics and other embedded platforms; NVIDIA AI Enterprise and other software; and DGX Cloud software and services. The company's products are used in gaming, professional visualization, data center, and automotive markets. It sells its products to original equipment manufacturers, original device manufacturers, system integrators and distributors, independent software vendors, cloud service providers, consumer internet companies, add-in board manufacturers, distributors, automotive manufacturers and tier-1 automotive suppliers, and other ecosystem participants. NVIDIA Corporation was incorporated in 1993 and is headquartered in Santa Clara, California.

Today's Range

Now: $134.70

$128.22

$135.28

50 Day Range

MA: $139.63

$128.91

$148.88

2 Week Range

Now: $134.70

$47.32

$152.89

Volume

304,377,688 shs

Average Volume

382,932,125 shs

Market Capitalization

$3.30 trillion

P/E Ratio

53.01

Dividend Yield

0.03%

Beta

1.63