Well if Democrats ever win, there will be a lot of fine investigations for years ahead.
Nancy Pelosi could head up the investigation. She knows a lot about it after all
Mystery jump in oil trading ahead of Trump post draws scrutiny
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Re: Mystery jump in oil trading ahead of Trump post draws scrutiny
#621. By a show of hands, who was surprised that the cataclysmic warnings of the weekend subsided into talk of diplomacy on Monday?
2. Let’s hypothesize the US gov’t or allies did pre-release this info to traders as a policy tool, inviting them to sell oil profitably, shaping the later price action . In a practical sense they may have brought more speculators to the short side than otherwise would have been there; is that scenario really beyond the pale?
3. News of war and sovereign relations on an international stage necessarily will test the boundaries of traditional law of confidentiality and fair practices.
Re: Mystery jump in oil trading ahead of Trump post draws scrutiny
#63I'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 I believe the Constitution and related artefacts should be stored in the British Museum with other historical documents.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.
That assumes the new system will be better. History tells us otherwise
Re: Mystery jump in oil trading ahead of Trump post draws scrutiny
#64I'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?
Less power to the government.
Re: Mystery jump in oil trading ahead of Trump post draws scrutiny
#65[flagged]
The "this isn't new it's always been happening" talk is disingenuous and incorrect. Yes, there has been some evidence of insider trading over the previous years. However, the scope and frequency of evidence pointing to insider trading since the Trump administration took power is orders of magnitude larger than was happening previously.
The 2020 insider trading scandal dealt with amounts in the hundreds of thousands and low millions. The sudden trading happening right before Trump makes announcements that majorly affect the stock market is in the hundreds of millions.
This isn't business as usual.
Re: Mystery jump in oil trading ahead of Trump post draws scrutiny
#66I'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?
The thing with justice is that when you look past it in one place, you don’t really get to ask for it in another. I’m talking about Gaza - it set the precedent that the U.S. and its client state, Israel, can get away with anything. Nothing is out of bounds, criminality is normalized, and accountability is dependent on the identity of the victim. Now that the victims are people affected by the stock market manipulation (people in the West), suddenly we’re interested in justice.
Re: Mystery jump in oil trading ahead of Trump post draws scrutiny
#67I'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.
Mass immigration from all other parts of the world would seem to completely disagree with you.
Re: Mystery jump in oil trading ahead of Trump post draws scrutiny
#68I'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?
Re: Mystery jump in oil trading ahead of Trump post draws scrutiny
#69I'm not smart enough to understand why - but surely this isn't sustainable? At some point wont the price not reflect the reality of simply not having gas to put in your car? What is going on... The price of oil went down 10% yesterday, opened +0% today and is back to +4%...
Most oil benchmarks are futures contracts, so they don’t reflect the spot or current price. So commodities traders are trying to predict the situation 2-4 weeks from now
Re: Mystery jump in oil trading ahead of Trump post draws scrutiny
#70I'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?
Congressional hearings combined with SEC regulatory incursions.
There will never be an investigation while Trump is president, but, it's entirely feasible to force some action in the time being to enable a case later.
FYI it may not be technically illegal it depends on all sorts of things.
If trade were made public it could be very damaging.