- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
Surge in global betting on energy markets seen on Monday morning 15 minutes prior to Donald Trump’s Truth Social post announcing ‘productive’ talks with Iran
A surge in betting on global oil markets just 15 minutes before Donald Trump announced a temporary halt to his airstrikes on Iran this week has sparked claims of insider trading.
Trump said on his Truth Social platform at 7.05 a.m. Monday: “I am please [sic] to report that the United States of America, and the country of Iran, have had, over the last two days, very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East.”
Iran denied any such talks had taken place, branding them “fake news”.
But according to Bloomberg, at least 6 million barrels of Brent and West Texas Intermediate were suddenly sold between 6.49 a.m. and 6.51 a.m, raising suspicions that word of the president’s announcement was leaked in advance.
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“Concern”. Fuck hand-wringing journalism.
A 20 year old who steals a pack of oranges is a “hardened criminal”, but literal corruption in front of our eyes is “maybe concern, possibly”
Who plays a game that’s obviously rigged against them? Just pull out of American markets. All of them.
I live here. Can’t exactly boycott my own backyard
Join a credit union, shop local. just keep it out of the banks and in the hands of your comrades. Sorry about your tax dollars though :(
Anyone with more than sawdust between their ears knew he was going to do this. It’s his modus operandi: cause chaos and watch the markets plummet - then buy cheap and reverse course. Markets recover, and he (and his cronies) profit!
Except the markets have been bleeding out for months.
A falling tide sinks all ships
“It’s a big club, and you ain’t in it.”
Now there is concern? A little late to the game. This happens weekly. I’m not even sure if the stock market is based on any sort of reality nowadays, after it’s been so manipulated by trump and his cabal of opportunistic scoundrels.
casino has been rigged for a hell of a lot longer than trump and co.
stock market has been the only thing anyone running this country cares about since Carter and Rothschild pegged everyones retirement to the casino
read Reminiscences of a Stock Operator, basically a tongue-in-cheek guidebook to how this shit works written over a century ago
$ is the only thing that has ever been sacred to america
casino has been rigged for a hell of a lot longer than trump and co.
Perhaps, but it wasn’t always this blatant and this volume.
Fucking called it. This is fraud. I really hope one day the US government justice system will finally do its job and send people to jail over this.
The trick is not settling for geriatric neoliberals who won’t stop talking about how fondly he remembers “the good old days” when Republicans and him smoked cigars, drank whiskey, and conspiracied to prolong school segregation…
Or about how nothing could every make him stop supporting a far right ethnistate currently committing genocide…
Like, most Americans want to hold these asshats accountable. The problem is prior DNCs were rigging primaries. The good news is the modern DNC isn’t pulling that type of shit already, and we’ve been seeing the gains for a minute
$200B of oil contracts were liquidated/stop lossed in about 1 hour.
Margin is such on oil futures that 6 million barrels only costs $60m to “control”. $20 drop in oil price is $120m in profits on that $60m bet.
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You should have chosen to be a nepo baby instead. Make better life choices, and get a white house internship, to be on the juicy tips mailing lists.
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This is complete fucking bullshit. We’d better ex post facto the shit out of this corrupt administration.
I’ve got Merrick Garland on the phone. He says actually there’s nothing we can do. It’s all perfectly legal and you’re a criminal for going on TikTok to suggest otherwise
This is standard procedure for politicians and their friends. Acting like it’s just Trump allows the issue to resume after he is gone.
Of course it was. This guy measures the success of the country as a whole based off the fucking stock market. Its insanity.
Oh no, strongly worded letter inbound!
All politicians and their companies should be banned from owning stock
Traders!
The only way this flies this long is that the whole lot of them are corrupt. The investors, the platforms, the regulators, the banks. All of them.
Someone needs to start sleuthing to document all those who are even potentially involved, what they are supposed to do, what they aren’t doing and submit the lot of it to the FB… …
Oh right, never mind…
