Trade Alert: This Amazon Of Used Cars Is Just A Used Car Dealer

Used car sales surged during the worst stages of the pandemic, which was driven by the outmigration of talent and money from the major cities. With restrictions now being eased, the problems in cities have not disappeared, but the urgency of leaving and needing a car have waned. Jim and Dan target this leading used car retailer as an inflated stock price and a cooling off of demand for used cars means slower growth and a stock price correction.

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Jim Rickards

James G. Rickards is the editor of Strategic Intelligence, Project Prophesy, Crash Speculator, and Gold Speculator. He is an American lawyer, economist, and investment banker with 40 years of experience working in capital markets on Wall Street. He was the principal negotiator of the rescue of Long-Term Capital Management L.P. (LTCM)...

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