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Grand Theft Oil Futures: Insider traders keep making a killing at our expense

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Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense

#241

Post by toast0 »

sheiyei wrote: post #144
fooblaster wrote: post #119

Earlier quoted context omitted.

Airlines can't raise the prices of tickets sold months ago. There is still financial reason to hedge.

The trick is to sell tickets based on the cost at time of sale, and just cancel flights when it's convenient.

When airlines cancel flights, they usually put you on a similar itinerary, not just refund your money and hope you rebook at a higher price.

That said, I don't know a lot of people that book that far in advance, even when their travel plans are well settled.

Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense

#242

Post by pphysch »

pjc50 wrote: post #203
an0malous wrote: post #152

Earlier quoted context omitted.

A lot of Trump supporters, including Tucker Carlson, Joe Rogan, and Dave Smith, voted for him because of his anti-war stance during campaigning. I’m not defending their poor judgement of an infamous con artist (I didn’t vote for Trump) but we should ask ourselves how democracy can function if candidates can just make things up during campaigns and do the complete opposite when they’re elected. We should also ask ours…

> Tucker Carlson I'd just like to remind everyone that this guy got fired from Fox News for being too extreme an idealogue. > I’m not defending their poor judgement of an infamous con artist At some point you have to hold adult Republicans accountable for their actions. They were warned repeatedly; they chose to ignore the warnings. > ask how it’s possible that such unpopular wars always seem to have bipartisan suppo…

> I'd just like to remind everyone that this guy got fired from Fox News for being too extreme an idealogue.

Do you have any evidence that this was the reason?

Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense

#243

Post by mannanj »

imglorp wrote: post #150

What if the whole point of the war was planned to generate trading opportunities? Every crazy tweet or announcement another cash out. It's like every time you see a poorly run business and you think, how can they stay open? The answer is it's usually a laundering operation, a tax shelter, and who knows what else. The message to us poors is, nothing these people do is as it appears; there's always a bunch of stacked,…

Heard of the documentary, "Everything is a Rich Man's trick"? It's quite eye opening, and makes this similar conclusion with evidence pointing to the Rich Men through history. Highly recommend a watch.

Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense

#244

Post by bobthepanda »

IOT_Apprentice wrote: post #226
bobthepanda wrote: post #189

Earlier quoted context omitted.

I mean, in that case why rattle about Greenland?

Reportedly, Rare earth minerals.

America also has those; and it’s not like we’ve had a bad trading relationship with the EU until fairly recently.

Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense

#245

Post by apexalpha »

declan_roberts wrote: post #209

Criminal probe into this started last month. https://www.reuters.com/business/energy/us-probes-suspicious...

As if anything in the executive branch of the US still works properly.

Isn't the FBI already raiding the homes of political opponents for intimidation?

The famed US constitution with all its 'checks and balances' they would never shut up about turned out to be papier mâché and completely trampled by the first person that tried.

Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense

#246

Post by kitsune1 »

breppp wrote: post #213
leonidasrup wrote: post #64

Earlier quoted context omitted.

Someone has taken the Rothschild motto too literally: “Buy when there is blood in the streets, even if it is your own.” — Baron Nathan Rothschild https://medium.com/@douglasp.schwartz/buy-when-theres-blood-...

[flagged]

[dead]

Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense

#247

Post by apexalpha »

>The Trump administration is making no real effort to crack down on whoever is trading using inside information, and these inside traders are operating with a complete sense of impunity, assured that they can get away with it.

Yeah that's because IT's HIM.

Jesus how much more proof do you people need that the Trumps themselves are looting the country.

Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense

#248

Post by fennecbutt »

The world will remember who you Americans chose to vote in.

And then we'll do nothing anyway because the wealthy and corrupt run every single country on the planet. Money talks.

And people are too easily preoccupied with trivial policy squabbles to care about how badly we've all been fucked by the last 50 years or so.

Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense

#249

Post by davidw »

cbdevidal wrote: post #108
hrldcpr wrote: post #62

Earlier quoted context omitted.

Arguably people who voted for Trump are somewhat responsible, and include a lot of car drivers. (Not to imply that many Democrat politicians aren't also owned by AIPAC and big business.)

I didn’t vote for Trump but I don’t blame the voters. I don’t think many people foresaw him doing this on either side of the political aisle. Other stuff we disapprove of, yes. But not this. I say that because he had famously resisted to enter extended conflict in his first term. Maybe he wanted to but now has the chance since he’s in his final years. (At least, I hope it’s his final years.) But I didn’t hear anyone…

He can absolutely counted on to do stupid, corrupt shit. We saw plenty of it when he had 4 years in office and was somewhat held in check by having hired some more or less 'normal' Republicans.

It was entirely predictable that he would fuck things up in some way. He's demented (although the press stopped caring about that sort of thing when Biden dropped out), deeply corrupt, narcissistic, and was never particularly intelligent to begin with.

Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense

#250

Post by avidruntime »

otterley wrote: post #182
SoftTalker wrote: post #106

If you are trading in the futures market and you don't have inside info or are not an actual supplier of the commodity, you are the sucker.

That logic would also extend to individual stocks, wouldn’t it?

It kind of can, but trading futures is trading termed contracts, kind of like options, but a bit stranger (and you can buy options for futures contracts too!) For a retail trader, you definitely are not in a buy and hold/invest mindset. Often people use futures as a hedge or for locking in prices for physical delivery- it serves a very real world problem.
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