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Mystery jump in oil trading ahead of Trump post draws scrutiny

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201–210 of 419 posts

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

#201
post #100

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. My analysis and my comment I linked to agrees. And that is a strategic victory for Iran, Russia, China and a defeat for Israel, and the US. The worst will be the Gulf States hostages of their dueling stock pile of defense missiles running out...to which they will have to queue for, with US DOD at the front of the queue.

>a defeat for Israel

False, Israel has used the whole war to take over Lebanon almost silently from mass media attention. They are about to annex a part of it.

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

#203
post #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?

Likely just family members. Those seem to be off limits:

https://www.reuters.com/business/finance/us-secs-ex-enforcem...

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

#204

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?

I think one of the things that goes unmentioned in these discussions is that while the US gets a lot of attention for this kind of activity, it has also (historically) been in the forefront of criminalization and prosecution. I may be wrong, but don't know of any other jurisdiction that prosecuted insider trading before the Eighties, and the US has had a pattern of investigating and regulating this since the 30s. I d…

A lot of the United States historical influence and soft power comes from it being a nation of rules and laws. The credibility of the country provided a perception that it was a stable place to store value (investment in treasuries, greenbacks, etc). When the government is facilitating insider trading out in the open (repeatedly), we’re losing a lot more than money due to fraud.

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

#205
post #9

Charlie Sykes, a founder of the Bulwark podcast, has a story about it here: https://charliesykes.substack.com/p/a-vivid-snapshot-of-trum... Some highlights include a $580 million dollar bet on oil futures 15 minutes before Trump made the announcement of talks with Iran, which the Iranian government denied actually happened. Naturally, political appointments at the SEC are preventing investigation.

I mentioned this in another topic by Trump mentioned the pause before the TruthSocial post in an interview on FoxNews. I can't remember who it was with but I think her name started with an "M". If I can find a link and timestamp i'll come back and edit this post.

After, not before:

FOX Business' Maria Bartiromo spoke with Trump shortly after the post, and Trump stressed, "Iran wants to make a deal badly."

https://www.foxnews.com/politics/trump-orders-war-dept-postp...

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

#206
The same people will have call options on Friday:

- Pakistan has a defense treaty with Saudi Arabia.

- Saudi Arabia has been attacked.

- Witkoff claims to negotiate with Iranians in Pakistan and Iran denies it. Witkoff has a horrible track record in that either the negotiations fail or are a precursor to attacks.

- What better way to spend time in Pakistan than to recruit a proxy and promise US money to the cash-strapped government?

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

#208
post #47
post #25

Earlier quoted context omitted.

Getting rid of the delusion of American exceptionalism in how politics is conducted. In other words, do something about the two party system, or the pardon power or any number of things, the possibilities are endless. But doing anything about it would require admitting that the USA is something other than perfect, so it’ll never happen. Too bad really. At least the USA is only 4% of the world’s population so the worl…

lol, others are saying elections to solve economic concerns. If that solves it why do you keep re-electing Republicans given this context: https://en.wikipedia.org/wiki/U.S._economic_performance_by_p... sure the next election might fix it temporarily but the one after that will just just tank the economy again. Or overturn insider trading bans or issue pardons, the possibilities for chaos are endless and — fun fact -…

Why do we? You say this as if the country is a single organism and in lock step with the current administration. I have never voted for a republican in my life and never will, but now, somehow, all 350 million Americans just fit into one big bucket?

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

#209
post #48

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?

Revolution, not election. We need a new governance framework in the US. I believe it’s genuinely silly to think this type of activity is limited to one party or one administration or that it is new. I believe the Constitution and related artefacts should be stored in the British Museum with other historical documents. Civic religion needs to be done away with.

> I believe it’s genuinely silly to think this type of activity is limited to one party

No, it is mostly just the one party.

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

#210

Earlier quoted context omitted.

> 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...

Germany?

Sure. If you go back 80 years and past several pointless wars you can find one example. Wherein the USA fought with a world wide coalition to defeat the Nazi's only after war had been declared by the Nazi's against the USA.
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