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Mystery jump in oil trading ahead of Trump post draws scrutiny

bbc.com

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

#91

Post by School-Cotton »

embedding-shape wrote: post #74
bushbaba wrote: post #63

Earlier quoted context omitted.

That assumes the new system will be better. History tells us otherwise

Well, local history in the US, judged by most current Americans, would probably say the current system is better than the previous one, and the current one spawned from a revolution. Maybe the second (third?) time it'll incrementally improve at least.

The current system is the result of hundreds of years of gradual democratization and economic development, not the revolution. For an example of the US without the American Revolution, look at Canada. They’re doing fine. Here in the US, the Revolution didn’t cause life to change at all for the vast majority of people.

Whether the majority of people believe that or not has more to do with the place of the Revolution in our national mythology than with what actually happened in reality.

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

#93

Post by conductr »

jakelazaroff wrote: post #35
LogicFailsMe wrote: post #18

Earlier quoted context omitted.

Or just legalize it across the board recognizing that when only the powerful can make use of it. and we're not going to do anything about the powerful, we might as well let everyone else in on the game. That is truly my cynical mindset at this point. The degree to which my trading is regulated is beyond absurd in a market and society where things like this are allowed to happen.

How exactly would someone with no special access, knowledge or power get in on the game? Legalizing it across the board would just make things worse.

They would be smart enough to know/assume it’s a rigged game they are playing and stay away from it. The veil of laws and regulations is a lie when they’re not enforced

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

#94

Post by franktankbank »

nostrademons wrote: post #58
fraywing wrote: post #17

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 it's likely that they'll see justice in a chaotic way , ie not connected to the specific crime. Most likely outcome is that they make huge paper profits that are then absolutely worthless because the dollar collapses and the property rights that enforce the wealth they gained from these transactions disappear as the government is toppled. Another likely outcome is that they get in the habit of doing criminal…

I like how "off them" is the libertarian way like thats some sort of stable procedure.

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

#95

Post by edgyquant »

lynndotpy wrote: post #51
fraywing wrote: post #17

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?

For starters, you're not alone in this feeling. A lot of us are very hungry for justice, and a lot of the Trump administrations current tactics are openly grappling with the reality of jailtime and restitution if they lose power. These are unusual times, and so people who are not usually inclined toward retribution are hungry for it. That said, it's hard to reconcile that with the fact that Democrats continue to be t…

The Democratic Party isn’t without its own corruption either. Pelosi is one of the best stock traders ever and there’s a reason why people voted for Trump. The border being open was criminal negligence and this isn’t just a conservative talking point cities like Seattle near the Canadian border were maxed out on services the could provide to migrants. Across the board our politicians are corrupt rule breakers, it doesn’t matter if one is worse than the other. Neither party can really prosecute the other fully because both need to see their leadership held to account and are terrified of that door opening.

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

#96

Post by KK7NIL »

Bratmon wrote: post #71
andix wrote: post #30

People got exactly what they voted for. It would be hilarious, if it wasn't so serious.

[flagged]

No idea why you're getting downvoted, this is absolutely true.

The people have lost faith in both parties, we now expect our leaders to be cronies.

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

#97

Post by delusional »

Windchaser wrote: post #79
nostrademons wrote: post #58

Earlier quoted context omitted.

I think it's likely that they'll see justice in a chaotic way , ie not connected to the specific crime. Most likely outcome is that they make huge paper profits that are then absolutely worthless because the dollar collapses and the property rights that enforce the wealth they gained from these transactions disappear as the government is toppled. Another likely outcome is that they get in the habit of doing criminal…

> Most likely outcome is that they make huge paper profits that are then absolutely worthless because the dollar collapses Seems like it'd be pretty easy to diversify into inflation-protected assets after taking big profits. But I also don't see the dollar collapsing any time soon. The dollar's strength is built on the US economy, and the US economy is still one of the strongest in the world, with high productivity p…

There is no "inflation-protected" asset if the economy collapses. You can't hedge societal unrest. The aliens don't want bitcoins.

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

#98

Post by Windchaser »

inaros wrote: post #78
fraywing wrote: post #17

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?

"The Treasury just declared the U.S. insolvent. The media missed it" - https://fortune.com/2026/03/23/us-government-insolvent-fisca...

I made a face, reading this article. They present the US gov't's very large and scary liabilities and future obligations, but they don't present the other side of the picture, the future income streams. (How much can the US government realistically expect to earn annually via taxation?)

Without being able to compare future liabilities to future income, we're lacking critical context. It's like they wrote half an article; kinda frustrating.

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

#99

Post by chasd00 »

Just so everyone is aware, Trump mentioned the deal in an interview before his post on TruthSocial. So if you're thinking all the trades that happened just before the TruthSocial post are insider trading maybe the traders where just watching the news.

If i can find a link to the interview i'll come back and edit this post with a link and where it fits in the wsj timeline.

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

#100

Post by inaros »

saidnooneever wrote: post #80
inaros wrote: post #73

Earlier quoted context omitted.

If you run the numbers: https://news.ycombinator.com/item?id=47504505 You will see, that anything else other than a ground invasion, is guaranteed to give Iran a war victory.

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.

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