cross-posted from: https://lemmy.world/post/45358150

Surge in global betting on energy markets seen on Monday morning 15 minutes prior to Donald Trump’s Truth Social post announcing ‘productive’ talks with Iran

A surge in betting on global oil markets just 15 minutes before Donald Trump announced a temporary halt to his airstrikes on Iran this week has sparked claims of insider trading.

Trump said on his Truth Social platform at 7.05 a.m. Monday: “I am please [sic] to report that the United States of America, and the country of Iran, have had, over the last two days, very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East.”

Iran denied any such talks had taken place, branding them “fake news”.

But according to Bloomberg, at least 6 million barrels of Brent and West Texas Intermediate were suddenly sold between 6.49 a.m. and 6.51 a.m, raising suspicions that word of the president’s announcement was leaked in advance.

  • roscoe@lemmy.dbzer0.com
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    14 hours ago

    A grift requires suckers. You can’t buy low and sell high with insider info unless someone else is buying high and selling low (it’s more complicated, I know, don’t get pedantic).

    The only people whose voices matter when it comes to investigating this are the very wealthy. Right now the very wealthy are in on the grift. The suckers are regular people managing their nest egg.

    When regular retail investors finally figure this out en masse, realize they can’t beat the insiders, and start just letting their shit ride in index trackers and other passively managed funds focused on long term growth and asset protection, the insiders will need new suckers and the circle of those in on the grift will have to shrink.

    When the wealthy start seeing losses due to their fund managers being out of the loop, then we’ll finally start seeing some real investigations.

    How long will that take? I don’t know but don’t hold your breath.

  • RejZoR@lemmy.ml
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    14 hours ago

    Isn’t it obvious this entire war is to detract from Epstein files and to for these idiots to enrich themselves. This is literally insider trading when you know exactly when “next big thing” will happen in this “war” when you’re the one orchestrating it. And everyone is just looking at it in plain sight and everyone is just fine with it while the rest of the world is getting fucked with increased costs of everything that will remain for years. Thanks for the fucking 5th or whatever “one in a lifetime” crash of the fucking economy.

  • Th4tGuyII@fedia.io
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    14 hours ago

    Yeah… Leaked… Definitely not any kind of insider trading or something like that. Trump’s government has neeeeever been linked to anything like thaaaat.