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Mystery jump in oil trading ahead of Trump post draws scrutiny

bbc.com

181–190 of 419 posts

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#181

It's why WTI crude never exceeds $100/barrel. Every time it gets that high the insider in the administration shorts it and the administration announces a new policy delaying more strikes.

You don't even need to trade oil, trading gulf country assets also works well. And rebuilding the gulf should be quite profitable if Iran blows it up and the assets will be available cheap.

> And rebuilding the gulf should be quite profitable

Wait. I've heard this story before. Let's ask any of the recently "liberated" countries how that worked out for them...

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#182
post #174

There's no mystery here. His son Oil Barron Trump has been doing the same thing, along with Trump, in the crypto markets and online prediction markets for years now. They've made over a billion easy.

Oil Barron... You know we should have seen that coming. Always assume reality to sometimes be more unrealistic than low grade fiction.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#183
post #101

I'm growing pessimistic that this kind of activity + the egregious presidential-level crypto scams will never see justice. What's the path for that, really?

It's not that complicated. Elect a Democrat in 2028 who will nominate a strong AG, not a useless ditherer like Garland. What a disgraceful tenure he had. If he was going to take so long to bring charges he should have just avoided it. Instead he takes 3 years to bring all these charges which naturally look like election interference and as such are paused until they choke the election away and the new justice departm…

> Elect a Democrat in 2028 who will nominate a strong AG

Impossible. Democratic Party power is concentrated into a gerontocracy mostly interested in preserving their own wealth/power. Appeasement and encouragement of status quo will be the result of any Democrat victory.

Of course all this Trump shit is good precedent for them to use similar tactics to line their pockets next time.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#184

Earlier quoted context omitted.

if a ground invasion goes they will destroy oil trade and everyone is screwed. The war should not be won. it should be ended before everyone loses.

I think you’re just seeing the logic of US defense by offense, and the reason why the excursion was launched as it was three weeks ago. If you step back, in 1979 Iran launched a revolution that had an avowed goal of “death to America”. If the Iranians play the kinetic scenario to the bitter end, they simply are demonstrating this was not mere poetry and there never was any other off-ramp, just tactically deciding at…

> that had an avowed goal of “death to America”.

31 million people just woke up and decided to hate America? Or.. was there a little more to that story?

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#185

Earlier quoted context omitted.

I think you’re just seeing the logic of US defense by offense, and the reason why the excursion was launched as it was three weeks ago. If you step back, in 1979 Iran launched a revolution that had an avowed goal of “death to America”. If the Iranians play the kinetic scenario to the bitter end, they simply are demonstrating this was not mere poetry and there never was any other off-ramp, just tactically deciding at…

It's an incursion. He got confused and keeps saying excursion, which is a different thing.

It’s an excursion: a lovely hike onto the mountains of Iran. It’s just that the locals aren’t too friendly.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#186
> A [whitehouse] spokesman told the Financial Times that it did not "tolerate any administration official illegally profiteering off of insider knowledge".

So the Trump administration is passing on information for others to profit from in exchange for something else. Totally legal. Right?

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#187
post #175

(I changed the URL from https://www.wsj.com/livecoverage/stock-market-today-dow-sp-5... because there doesn't appear to be any readable workaround for the latter)

It might in theory be great to have an AI bot do this for all links of known paywalled sites if a good quality free alternative is available and discoverable by the AI bot. The bot could use the web search tool of an LLM service for this purpose. If not available, it could keep rechecking every fibonacci hour for up to 21 hours.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#188
post #177

Earlier quoted context omitted.

>> Elect a Democrat in 2028 > Does everyone still believe this will be possible/happen/allowed by the current regime? Note the previous riot was unsuccessful. And probably he'll try something similar this time so the relevant services know what to expect.

I generally agree, but this time his VP isn't going to defect and he's been building ICE into a republican guard loyal only to him, so I think you can't just completely say "well it failed last time so it'll fail again"

Yep, might not have liked a lot of what Mike Pence stood for but he was at least willing to operate with humility. He always took the honest route ecen if you disagreed with his views.

Vance however, I dont see much of that in action. But time will tell. Folks like to think it is a quiet conspiracy but every time you get a glimpse inside workings of government, if feels like they hate each other more than the next guy, regardless of who is in power.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#189

Earlier quoted context omitted.

I think you’re just seeing the logic of US defense by offense, and the reason why the excursion was launched as it was three weeks ago. If you step back, in 1979 Iran launched a revolution that had an avowed goal of “death to America”. If the Iranians play the kinetic scenario to the bitter end, they simply are demonstrating this was not mere poetry and there never was any other off-ramp, just tactically deciding at…

> that had an avowed goal of “death to America”. 31 million people just woke up and decided to hate America? Or.. was there a little more to that story?

The hatred has been there since the 70s, at the very least. Watched a great video on Iran from Rick Steves filmed in 2009, and when he visited a mosque there was a large sign calling for the death of America and Israel.

Re: Mystery jump in oil trading ahead of Trump post draws scrutiny

#190
post #150

Earlier quoted context omitted.

if a ground invasion goes they will destroy oil trade and everyone is screwed. The war should not be won. it should be ended before everyone loses.

> The war should not be won. it should be ended before everyone loses. No one ever really wins in war, except those not participating.

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