Live data from Hacker News

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

paulkrugman.substack.com

341–350 of 367 posts

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

#342

How is this at my expense? It's at the expense of the hedge fund they bought the oil futures from before the price went up. I don't see why I should assume that some hedge fund manager is more on my side than some insider trader.

I think insider trading is robing the market, which affects everyone.

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

#343
post #231

Earlier quoted context omitted.

I wonder what Cuba would look like now if Batista had never been overthrown. That's probably on par with how it would have worked if US meddling were more successful. I can't say I know it would be worse.

Difficult to separate "Cuba is bad because it is badly governed" from "Cuba is bad because it has been heavily sanctioned and no longer gets help from the Soviet Union", really. Too many different variables. Hard to imagine it being worse than Haiti or El Salvador, but also hard to imagine it having free elections (because that would immediately elect an anti-US socialist who would be overthrown again).

On the other hand, Cuba could have turned out like the Bahamas or Trinidad & Tobago.

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

#344
post #116

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-...

That’s not what that quote means. It means even if your portfolio is down you should keep buying.

No, the "quote" (more like anonymous anecdote) is quite literally about blood running in the streets presenting an opportunity to buy assets at reduced cost.

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

#345
post #23

Earlier quoted context omitted.

funny aside: rothshields were mentioned more than trump in the epstein files, yet no outlet even touched that fact..

Of course this is a complete lie. https://en.wikipedia.org/wiki/Connections_of_Jeffrey_Epstein... https://www.wsj.com/finance/banking/the-rothschild-dynasty-s... https://www.reuters.com/business/finance/epstein-files-show-... https://www.lemonde.fr/en/international/article/2026/02/05/j...

While it may be an exaggeration, it isn’t a lie: Quantitatively, Trump receives far more coverage in the press than the Rothschilds - who were rarely mentioned at least in the mainstream press.

However, if your "lie" accusation concerns their frequency in the Epstein files, the data is easy to verify. A search on the JMail database shows 6,307 hits for "Trump" compared to 7,845 for "Rothschild."

[0] https://jmail.world/

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

#346

Earlier quoted context omitted.

Or, more specifically, by 2020 he was sending military boats to attack Iranian targets and trying to force Russia to respond. He only stopped because of COVID.

If it were that obvious we would have specifically heard it it predicted. Maybe someone did but I didn’t hear it, and I listen to politics daily. Expressing a desire to take Greenland but not actually doing so was a move out of his book Art of the Deal.

https://x.com/realDonaldTrump/status/255784560904773633

https://x.com/realDonaldTrump/status/379717298296086529

https://x.com/realDonaldTrump/status/399731975432728576

These were 13 and 14 years ago. His patterns became obvious in his first term and reaffirmed during his second and third time running.

Even more specifically, these examples were all before the 2024 election:

https://www.newsweek.com/donald-trump-could-try-buy-greenlan...

https://www.wired.com/story/trump-cia-venezuela-maduro-regim...

https://www.pbs.org/newshour/show/how-trumps-wish-for-more-f...

https://www.hks.harvard.edu/centers/mrcbg/publications/end-f...

What politics do you listen to daily?

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

#347
post #23

Earlier quoted context omitted.

Of course this is a complete lie. https://en.wikipedia.org/wiki/Connections_of_Jeffrey_Epstein... https://www.wsj.com/finance/banking/the-rothschild-dynasty-s... https://www.reuters.com/business/finance/epstein-files-show-... https://www.lemonde.fr/en/international/article/2026/02/05/j...

While it may be an exaggeration, it isn’t a lie: Quantitatively, Trump receives far more coverage in the press than the Rothschilds - who were rarely mentioned at least in the mainstream press. However, if your "lie" accusation concerns their frequency in the Epstein files, the data is easy to verify. A search on the JMail database shows 6,307 hits for "Trump" compared to 7,845 for "Rothschild." [0] https://jmail.wor…

Lookit them goalposts retreating!

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

#348

Earlier quoted context omitted.

Doesn't March come before June?

And? What actually changed during those few months?

Maybe US intelligence wasn't perfect and they found a clandestine Iranian nuclear program? Maybe Iran restarted it. Who knows?

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

#349
post #281

Earlier quoted context omitted.

> At some point you have to hold adult Republicans accountable for their actions. They were warned repeatedly; they chose to ignore the warnings. Well, he did win Democrat votes as well because the party put up such horrible candidates twice.

> Well, he did win Democrat votes as well because the party put up such horrible candidates twice. In the last cycle, the Democratic Party stumbled egregiously, no question; but the functionally binary choice was between a predictable, if unoriginal bureaucrat vs. a documented prodigious liar and adjudicated rapist. I suppose for some tiny number of self-identifying progressives that would be toss-up, but I would lov…

[dead]

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

#350

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.

Look in the general sense that retail traders lose money you are right but that applies to all markets, sports betting and casinos. However I and many of my friends live in houses paid for with profits made from futures trading and none of us have inside info or supply commodities. It takes discipline, skill, risk management, emotional management and drive to make it happen but it does happen.
Post reply on HN