some Coinbase customers are horrified that the Coinbase app is encouraging them to gamble
they're so close
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some Coinbase customers are horrified that the Coinbase app is encouraging them to gamble
they're so close
Yet at that time — 15 minutes before Trump’s announcement — there were no public indications that any serious talks had been taking place between the U.S. and Iran.
So this huge spike in stock market trades and drop in oil futures must have been made by someone, or some people, who had prior knowledge of Trump’s announcement.”
#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering
/2
"The oil futures trade alone was worth about $580 million, the Financial Times estimated. As Krugman notes, exploiting confidential information for financial gain, otherwise known as 'insider trading,' is illegal. But exploiting confidential information about national security for private financial gain is something else again. It puts profit-making above Americans’ safety."
#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering #OilFutures
/5
"This morning, economist Paul Krugman came right out and said it: 'People close to Trump are trading based on national secrets.' Another word for that, he said, is 'treason.'”
~ Heather Cox Richardson
#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering
/3
"The oil futures trade alone was worth about $580 million, the Financial Times estimated. As Krugman notes, exploiting confidential information for financial gain, otherwise known as 'insider trading,' is illegal. But exploiting confidential information about national security for private financial gain is something else again. It puts profit-making above Americans’ safety."
#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering #OilFutures
/5
"iI’d very much like to know exactly who was making those trades yesterday morning,' Krugman wrote. 'Were they people directly in the know, or billionaires/traders who paid people in the know for tips?'”
#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering #OilFutures
/6
"The evidence for such a claim is the sudden and isolated jump in trading volume in S&P 500 and oil futures about 15 minutes before Trump suddenly announced that the U.S. and Iran were in negotiations to end the war—an announcement that turned out to be false."
#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering #OilFutures
/4
"The oil futures trade alone was worth about $580 million, the Financial Times estimated. As Krugman notes, exploiting confidential information for financial gain, otherwise known as 'insider trading,' is illegal. But exploiting confidential information about national security for private financial gain is something else again. It puts profit-making above Americans’ safety."
#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering #OilFutures
/5
"This morning, economist Paul Krugman came right out and said it: 'People close to Trump are trading based on national secrets.' Another word for that, he said, is 'treason.'”
~ Heather Cox Richardson
#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering
/3
"The evidence for such a claim is the sudden and isolated jump in trading volume in S&P 500 and oil futures about 15 minutes before Trump suddenly announced that the U.S. and Iran were in negotiations to end the war—an announcement that turned out to be false."
#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering #OilFutures
/4
"This morning, economist Paul Krugman came right out and said it: 'People close to Trump are trading based on national secrets.' Another word for that, he said, is 'treason.'”
~ Heather Cox Richardson
#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering
/3
Yet at that time — 15 minutes before Trump’s announcement — there were no public indications that any serious talks had been taking place between the U.S. and Iran.
So this huge spike in stock market trades and drop in oil futures must have been made by someone, or some people, who had prior knowledge of Trump’s announcement.”
#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering
/2
“15 minutes before Trump announced that the U.S. would postpone strikes against Iran’s energy infrastructure, the volume of stock market trades mysteriously spiked and the price of oil just as mysteriously plunged."
~ Robert Reich
#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering
/1
some Coinbase customers are horrified that the Coinbase app is encouraging them to gamble
they're so close
"Somebody close to Trump knew what he was about to do, and exploited that inside information to make huge, instant profits."
#Trump #Iran #war #markets #StockMarket #PredictionMarkets #futures #oil #gas #InsiderTrading
/4
"This 'sharp and isolated jump in volume' — which you can see for the oil futures market in the chart at the top of this post — was especially bizarre because there were no major news items — no major publicly available news items — to drive sudden big market transactions. The story would be baffling, except that there’s an obvious explanation:"
#Trump #Iran #war #markets #StockMarket #PredictionMarkets #futures #oil #gas #InsiderTrading
/3
"Trump’s sudden climb-down [from his threat to bomb Iranian power plants] was startling. Who could have seen this coming?
The answer is, the person or people who bought large quantities of stock market futures and sold large quantities of oil futures around 15 minutes before Trump’s announcement."
~ Paul Krugman
#Trump #Iran #war #markets #StockMarket #PredictionMarkets #futures #oil #gas #InsiderTrading
/2
https://paulkrugman.substack.com/p/treason-in-the-futures-markets
"According to the Financial Times, traders placed about $580 million in oil futures bets roughly 15 minutes before a social media post by Donald Trump about Iran talks, which later caused oil prices to drop sharply."
~ Aaron Parnas
#Trump #Iran #war #markets #StockMarket #PredictionMarkets #futures #oil #gas #InsiderTrading
/5
https://aaronparnas.substack.com/p/news-americans-furious-over-tsa-shutdown
(continued from /7)
"and that 'our response to all of them is clear: we are not the party that started this war, and all such requests should be directed to Washington.'
The S&P fell 120 points and the price of Brent crude rose to about $100 a barrel.
'What is happening here?' wrote Adam Kobeissi about the stock market in his newsletter."
#Trump #Iran #war #markets #StockMarket #PredictionMarkets #futures #oil #gas #InsiderTrading
/8
"Then Iran denied Trump’s claims and said its leaders had had 'no direct or indirect contact' with Trump’s people. Iran’s foreign ministry suggested Trump was trying 'to reduce energy prices and to buy time for implementing his military plans.' It said that countries in the region had approached Iran to begin negotiations" (continued in /8)
#Trump #Iran #war #markets #StockMarket #PredictionMarkets #futures #oil #gas #InsiderTrading
/7
(continued from /10)
"'very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East,' a claim that Iran categorically rejected 27 minutes later."
#Trump #Iran #war #markets #StockMarket #PredictionMarkets #futures #oil #gas #InsiderTrading
/11
"The defining characteristic of the Trump administration is corruption. But Trump’s corruption reached new heights on Monday. Trump caused a $3 trillion swing in the capitalization of the US securities markets with a claim that the US had made" (continued in /11)
~ Robert B. Hubbell
#Trump #Iran #war #markets #StockMarket #PredictionMarkets #futures #oil #gas #InsiderTrading
/10
https://roberthubbell.substack.com/p/trump-uses-war-as-a-tool-for-market
"They also offer an unnerving implicit philosophy: that we should relate to the future not as citizens or moralists, problem solvers or advocates, but as gamblers, each of us surveying the horizon of possibility somewhat indifferent to human outcomes and looking instead for a betting edge."
#Trump #Iran #war #markets #StockMarket #PredictionMarkets #futures #oil #gas #InsiderTrading
/17
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