Friday, 29 November 2024

Big Tech CEOs Scramble To Get Back In President Trump’s Good Graces

100 Percent Fed Up
Hits: 15

Too little, too late?

If I asked you to name the Top 3 anti-Trump, Far-Left newspapers in the United States, chances are almost everyone would put the Washington Post somewhere in that Top 3.

For as long as I can remember, certainly since 2013 when Jeff Bezos purchased the newspaper, it’s been Far-Left and extremely anti-Trump.

In fact, if a newspaper could contract Trump Derangement Syndrome, the WaPo would have a fatal case.

So it was pretty hilarious to see this Tweet from Jeff Bezos giving a “Big congratulations” to President Trump and adding in a bunch of other flowery language:

Really Jeff?

Let’s just say that most of the people replying to that post were not exactly swayed by his sudden about-face:

And I suspect President Trump will not be swayed either….

He knows a rat when he sees one.

You don’t get to attack President Trump nonstop for 10 years and then think you can cure it with one Tweet.

Sorry Jeff, that’s not how any of this works!

But it wasn’t just Jeff Bezos, it was also Tim Cook:

Cook has had less acrimony with President Trump than most of the other Big Tech CEOs, so his Tweet comes off as more genuine.

Cook is likely panicking that President Trump is going to place a massive tariff on the all the goods Apple manufactures in China….

Hey Tim, would it be too much to ask for you to actually make something innovative?

You’ve ridden Steve Jobs’ coat-tails ever since taking over as CEO.

Sure, you’ve done a good job at turning Apple into a cash-flow machine, but you haven’t created one single innovative thing the whole time you’ve been at the helm.

I’m the biggest Apple fan-boy out there and even I am getting bored with Apple these days.

Apple Intelligence looked cool until you never released it!

And the first few features we finally did get a week or so ago are pure garbage.

Has anyone else tested them out?

Meet the New Siri….just like the Old Siri, it can’t do anything!

We waited since June for this?

Garbage.

Back to Jeff Bezos for a minute…..

I’m far less interested in what he Tweets and far more interested in what he’s doing.

And what is he actually doing?

Selling stock as fast as he humanly can:

INSIDER’S SELLING (Part 8): Jeff Bezos Sells ANOTHER $3 BILLION Worth Of Amazon Stock ($16 billion in 2024)

INSIDER'S SELLING (Part 8): Jeff Bezos Sells ANOTHER $3 BILLION Worth Of Amazon Stock ($16 billion in 2024)

Jeff Bezos is cashing in!

Perhaps the new wife is high maintenance or he just has some expensive things he wants to purchase like some more super yachts?

Or...perhaps he sees the writing on the wall that the stock market has topped and he wants out.

Whatever the reason, Jeff Bezos is cashing in, and he just freed up another $3 billion in cash today by ditching more Amazon stock.

Take a look:

Yes, that's Billion with a "B".

GeekWire had more details on the sale -- noting this latest $3 billion comes on the heels of $13 billion of prior sales in 2024 alone:

Amazon founder Jeff Bezos is selling more than $3 billion worth of Amazon shares, according to a new regulatory filing revealed Friday, in his latest stock sale this year.

Bezos had already sold more than $13 billion worth of Amazon stock in 2024.

The latest sale of more than 16 million shares came as Amazon’s stock once again nears $200 per share. It surpassed $200 in July, when Bezos sold a separate tranche of shares — that was the stock’s highest price since Amazon’s 1997 NASDAQ listing.

Amazon beat estimates for its third quarter earnings on Thursday. Shares were up 7% in trading Friday. Amazon stock is up more than 40% in the past 12 months.

Bezos is No. 2 on the Bloomberg Billionaires Index with a net worth of $222 billion, up $42.8 billion year-over-year on the strength of Amazon’s stock.

Bezos has used Amazon stock sales over the years to fund projects and initiatives including his Blue Origin space venture. He also launched a $2 billion Bezos Day One Fund in 2018 that focuses on homeless families and preschool education.

Bezos controlled about 10.8% of Amazon’s outstanding stock, as of a February proxy statement.

Amazon’s stock over the past 12 months. (Google Finance chart)
He remains chairman of Amazon, though his focus has shifted to Blue Origin.

Bezos made headlines last week for his decision to end The Washington Post’s tradition of endorsing candidates for president and reportedly spike an endorsement of Vice President Kamala Harris.

Bezos, who owns the newspaper, was under intense backlash following the announcement, which came just 11 days before the election between Harris and former President Donald Trump.

I found this interesting, here was a breakdown of his wealth in 2020:

He's not alone....

Just a few weeks ago it was Michael Dell:

INSIDER’S SELLING (Part 7): Michael Dell Sells Over a BILLION of Stock In Dell Computer!

INSIDER'S SELLING (Part 7): Michael Dell Sells Over a BILLION of Stock In Dell Computer!

What started as a three part series a few months ago has now grown into a 7-part series (and counting).

Big time executives and founders of companies selling massive amounts of stock in their companies.

In the latest report, we have Michael Dell selling $1.2 billion (that's Billion with a "B") worth of stock in Dell Computer:

Just needed to raise some cash?

Needed a little walking around money?

The largest single sale we've seen from him in over a year:

https://x.com/YUSUKE_Trading/status/1841228824253501625

Here he is back in June right after he sold another $700 million:

Do they all know a massive stock market crash is right around the corner?

Is this the canary in the coal mine?

What does he know?

INSIDER'S SELLING (Part 6): Warren Buffett DUMPS Almost $1 BILLION of Stock, Stock Market Crash Incoming?

Heads up....the "Oracle of Omaha" just sold almost $1 billion of Bank of America stock.

Now I'm not a financial expert or anything, but Warren Buffett is and do you generally BUY or SELL when you think the market is at a top and might soon crash?

Right.

As I always say, don't listen to what they tell you, watch what they DO!

That's why I've been bringing you my "Insider's Selling" series, which is now up to Part 6.

Here was Part 5 from last week:

Insider’s Selling (Part 5): Larry Fink

Today it's Warren Buffett casually cashing out of nearly a BILLION worth of Bank of America stock.

Take a look:

That brings his "cash hoard" up to $278 billion in liquid cash:

The last time he had such a large cash reserve was heading in to the 2008/09 stock market crash, where Buffett famously bailed out the US Government and Goldman Sachs.

Remember that?

ZeroHedge had more details:

Warren Buffett's ongoing liquidation of his Bank of America stake comes right before the Federal Reserve's expected start of the interest rate-cutting cycle in mid-September. Additionally, Buffett has halved his Apple holdings and amassed a record amount of cash. At 93, it seems the billionaire investor is bracing for a rough patch in the US economy.

Buffett's Berkshire Hathaway has been on a six-week selling spree of Bank of America shares, trimming its entire position by nearly 13% and generating upwards of $5.4 billion in proceeds, according to Bloomberg. Berkshire's latest filing shows that since last Monday, another $982 million worth of shares were sold.

Bloomberg data shows Berkshire has dumped more than 129 million BofA shares in the last six weeks.

Berkshire remains the bank's largest stockholder, with 903.8 million shares, worth about $36 billion, as of Tuesday's closing price. However, the position's size has fallen to early 2019 levels.

Berkshire's selling was abrupt and without reason. The wave of selling began in mid-July around and above the $40 handle.

In addition to the BofA selling, Berkshire dumped half its Apple shares and other securities, sending its cash pile soaring by a record $88 billion to an all-time high of $277 billion at the end of the second quarter.

RELATED REPORT -- we've seen this movie before:

The Warren Buffett Indicator? Cash Hoard PERFECTLY PREDICTS Stock Market Crash?

This is really interesting....

We all know the "Oracle of Omaha" is a rare unicorn in the investing world.

Perhaps originally a man who outsmarted Wall Street, he is also famous (or infamous) for getting sweetheart deals during the 2008 Stock Market Crash.

Remember that?

He coughed up a few billion to bail out some "too big to fail banks" and in return basically received a guarantee of his "investment" from the Federal Government.

If you or I had done that, they might just call it insider trading, but for Uncle Warren it was deemed "patriotic".

But that's not the main focus of this article.

The main focus is something I'm now calling the "Warren Buffett Indicator".

This short video below explains it in video format, but basically as Warren Buffett's cash hoard grows, it almost always seems to top out right before a huge stock market crash hits....

And guess who's there to scoop up all the great assets for pennies on the dollar?

Uncle Warren.

Look, I'm not suggesting he's doing anything wrong, not at all.

Perhaps he's just really, really smart and really, really patient and disciplined.

More power to him.

But the indicator appears to be dead on.

Take a look:

The scariest part is right at the end....

Look at this:

When people keep telling you the next crash is going to be much worse than the 2008 crash (which for most of us was by far the biggest of our lifetimes), this is what they mean...

Look how his cash hoard dwarfs 2008.

The size and scope of what is coming is going to dwarf anything you've seen before.

It has to, the amount of money printed since then is astronomical.

Load More

It's what Bo Polny told my on my show earlier this week....

Look at this chart and the chart above and tell me if they don't look extremely similar:

It's all connected to 1971 when they removed us from the Gold Standard.....

And the years that followed when they printed magic money to infinity and the money machine went BRRRRRRRRR on overdrive!

You know how growing up your parents would say money doesn't grow on trees?

To these people it does!

It grows on printers, they just turn on the printer and out spits new money.....as much as they want!

Now it's just extra zeroes in a computer program, but it used to be actual printing of greenbacks.

Same difference.

Speaking of, have you seen this?

Do you know what happens if we suddenly shocked the world and went BACK to a Gold Standard?

This:

“Gold Revaluation” Incoming? Price Could Be $10,000-60,000 Per Ounce!

Make sure you read that.

Bookmark it, print it out, save it and study it, because it could be life-changing very soon.

Or life "saving".

Got Gold?

Got Silver?

Got XRP?

Got Bitcoin?

As always, I'm not a financial advisors, but I sleep a WHOLE lot better at night holding Gold, Silver and Crypto.....

Speaking of gold, have you seen this?

https://wltreport.com/2023/10/15/gold-now-classified-as-tier-1-risk-free/

Ok, Bo's links above will get you all set for crypto!

You're in good hands there.

But what about Gold and Silver?

If you want Gold and Silver, I have you covered there too.

Keep reading for the hookup...including for a way to get GOLD without paying anything out of pocket!  Yes, really!

But first, here's the most important part you have to understand -- make sure you get PHYSICAL gold and silver.

Not paper traded garbage on the stock exchanges that isn't backed by anything.

Don't touch that stuff.

I have two special hook-ups for you.

Both involve PHYSICAL gold and silver.

Because if you do NOTHING else, make sure you own "physical" gold and silver, not paper contracts.

The paper contracts (like stock ticker SLV and GLD) could very well go POOF one day and disappear or go to zero, because they're not actually backed by the gold and silver they claim to represent.

It's a massive game of musical chairs out there and when the music stops (and I think it will stop soon...) people who only own paper might find themselves owning something not worth the paper it's literally written on.

Now...WHERE do you get physical gold and silver and how do you know it's real and safe?

And that you're getting the best price?

Oh, and how about personal one-on-one real customer service?

You know, like you were some Big Wig millionaire at Goldman Sachs who could just call their personal banker and get help?

That's what I'm about to tell you.  

I have two killer connections for you...

The first is for purchasing gold and silver bullion.

That means bulk bars.

That's the cheapest and most economical way to do it, to stretch your dollar into as much gold and silver as possible.

The website is called WLT Precious Metals and when you see my logo in the top left-hand corner, you'll know you're in the right place.

You'll get a personal phone call with Ira Bershatsky (or someone on his team) and they will work with you free of charge for as long as needed to answer any questions you have and get you taken care of.

How about that!

You don't see that much anymore, but Ira and his team pride themselves on good old-fashioned real customers service:

No sales pitch, just real, actual help.

And the best prices you will find.

Here's the only disclaimer I will give you: because they do pride themselves on dedicated service, it might take a few days before you get a phone call back.  Just be patient.

Good things come to those who wait!

You can contact Ira and WLT Precious Metals here.

Ok, that was #1.

Now I want to tell you about option #2.

An equally great company, I am so happy to be working with these guys.

This next company is called Genesis Gold and this is for people who want to purchase real physical gold or silver in their IRAs (Investment Retirement Accounts).

You know what the beauty of that is?

TAX FREE baby!

I'm not a tax advisor, but that's a general oversimplification.

Never pay more taxes than you are legally required to pay.

And that's why I love getting gold and silver in my IRA (and why I hold a large chunk in an IRA myself!).

There's so much to love about Genesis Gold, starting with the fact they are proudly and un-ashamedly Christina!

They call it "Faith-Driven Stewardship" and they put it right on the homepage of their website along with a quote from Ezekiel:

Wealth Preservation With Gold & Silver –
The Genesis Gold IRA

By your wisdom and your understanding you have made wealth for yourself, and have gathered Gold and Silver into your treasuries – EZEKIEL 28:4

Genesis Gold Group believes the Bible gives clues on how man-made currencies (paper money) represent instability, and a lack of virtue and encourages living wastefully in excess.

Conflicts have beleaguered us since the dawn of civilization, and they can all be encapsulated into one battle. The battle is between currency, man-made paper, and gold and silver — the two precious metals found in our Earth’s crust, sent to us by our Lord to use as money. Man-made currency always leads nations down the path to increased war, greed, and ultimate collapse. History has shown that abandoning gold and silver has always been a bad idea. Gold and Silver enforce discipline, nurture self-constraint, self-reliance, and balance, and lead to confidence, a restrained government, and a more stable foreign policy.

Genesis Gold Group believes in empowering faith-driven stewardship with Gold & Silver are an integral part of a balanced portfolio. Protecting your finances with precious metals has never been more crucial during these trying times.

With a combined 50-plus years in the precious metals industry, let your Genesis gold and silver experts guide you through the simplicity of asset protection and growth with our Genesis Gold IRA.

Sincerely,

Genesis Gold Group

Empowering Faith-Driven Stewardship

Oh....and they're VERY good at what they do.

You also get physical gold and silver with Genesis, believe it or not!  The gold and silver is purchased for you (in whatever combination of coins and bars you prefer, a picture taken and sent to you, and then stored safely in a vault for you!

I love what these guys are doing.

Here's more on why gold and silver in your IRA are so powerful:

You can contact Genesis Gold here.

They are also very backed up with record demand, so you may have to wait a bit, but someone WILL get in touch with you for personal customer service and assistance!

Tell 'em Noah sent ya!

Oh, and did you know Genesis is recommended by SUPERMAN himself?

It's true.

Superman himself, Clark Kent -- Dean Cain -- came on my show a few weeks ago and we broke it all down:

Watch here:

Stay safe!

Make sure you can weather the storm when it hits!

Because the storm always hits eventually, doesn't it?

As for me and my house, we will be ready. 💪

This is a Guest Post from our friends over at WLTReport.

View the original article here.


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