concern
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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.
Yeah... Leaked... Definitely not any kind of insider trading or something like that. Trump's government has neeeeever been linked to anything like thaaaat.
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.
"Concern". Fuck hand-wringing journalism.
Anyone with more than sawdust between their ears knew he was going to do this. It's his modus operandi: cause chaos and watch the markets plummet - then buy cheap and reverse course. Markets recover, and he (and his cronies) profit!
Except the markets have been bleeding out for months.
A falling tide sinks all ships
Futures trading is gonna fucking kill us all. More people have gone to jail over sports betting than market manipulation.
In a sane world it would be illegal, or just betting rather than trading (if there's a significant difference beyond the house being a more forgiving stock exchange).
This is not particularly relevant to this discussion, but it reminds me of the guy on WSB who made a stupid bet on negative oil and almost had to take delivery of a bunch of crude lmao
The fact there isn't like a 1 day mandatory delay in making these kind of bets is why this bullshit keeps happening
“Leaked in advance?” code for don't have the ovaries to say "insider trading".
to say "insider trading"
You mean like in the first sentence of the article? Do you read in a reverse order?
Who plays a game that's obviously rigged against them? Just pull out of American markets. All of them.
It's the most juicy market, that's why people continue to invest on it but I noticed more investments on the european market since US became untrustworthy
I mean if the American markets crash no market is safe. Money is more fake than it ever has been.
Who plays a game that’s obviously rigged against them?
The market is not just a casino. There are actually people who use oil who buy oil futures. Exiting the "game" would mean not buying or using oil in America, for them.
I live here. Can't exactly boycott my own backyard
I'm pulling all my money out of American stock indexes, but this whole oil futures bullshit affects all of us. Even those who don't drive ICE vehicles, because oil going up means diesel going up means food prices going up in grocery stores
"Leaked in advance?"
What reason is there to think that it's not just him (or his family, trusted stooges, and other intermediaries) doing this deliberately for his own profit?
Would you rather they weren't concerned and talked about something else? The problem here is the god damned politicians who keep blowing off stories like this.
Now there is concern? A little late to the game. This happens weekly. I'm not even sure if the stock market is based on any sort of reality nowadays, after it's been so manipulated by trump and his cabal of opportunistic scoundrels.
casino has been rigged for a hell of a lot longer than trump and co.
stock market has been the only thing anyone running this country cares about since Carter and Rothschild pegged everyones retirement to the casino
read Reminiscences of a Stock Operator, basically a tongue-in-cheek guidebook to how this shit works written over a century ago
$ is the only thing that has ever been sacred to america
Fucking called it. This is fraud. I really hope one day the US government justice system will finally do its job and send people to jail over this.
The trick is not settling for geriatric neoliberals who won't stop talking about how fondly he remembers "the good old days" when Republicans and him smoked cigars, drank whiskey, and conspiracied to prolong school segregation...
Or about how nothing could every make him stop supporting a far right ethnistate currently committing genocide...
Like, most Americans want to hold these asshats accountable. The problem is prior DNCs were rigging primaries. The good news is the modern DNC isn't pulling that type of shit already, and we've been seeing the gains for a minute
$200B of oil contracts were liquidated/stop lossed in about 1 hour.
Margin is such on oil futures that 6 million barrels only costs $60m to "control". $20 drop in oil price is $120m in profits on that $60m bet.
This is complete fucking bullshit. We’d better ex post facto the shit out of this corrupt administration.
I've got Merrick Garland on the phone. He says actually there's nothing we can do. It's all perfectly legal and you're a criminal for going on TikTok to suggest otherwise
This is standard procedure for politicians and their friends. Acting like it's just Trump allows the issue to resume after he is gone.
I bought OILK when it dropped. Israel acting like a toddler and lashing out when it didn't get what it wanted was the most predictable thing ever.
Strait closed again.
We're at concern... It's happened like 6 times source my supposedly slow and steady eft going ham
Oh no, strongly worded letter inbound!
The returns for insiders of front-running Trump posts/speeches are way smaller than they would be if he didn't lie and flip-flop all the time: the market simply doesn't react anywhere as much to whatever Trump states than it would if he was honest and consistent, so the spikes up or down (and thus the gains from front-running his statements) are much lower.
Of course it was. This guy measures the success of the country as a whole based off the fucking stock market. Its insanity.
Question is, why are you even allowing trading on it when it's clearly being manipulated to fuck?
What if it’s not a leak, but the result of spying?
What would you expect from the world's most corrupt regime?
These assholes couldn't resist. They expect to get away with it.
Or a large, shape falling blade
Normally I’d be with you but I actually think the most interesting thing that could happen in this reality is for him to just spontaneously burst like the guys head in Scanners while on live television specifically being interviewed on Fox and Friends
Spontaneously, like with a sniper rifle.
Glad to see some good coming out of this terrible war. At least some rich disgusting fuckholes are making a little bit of extra cash as we solidify the new American Oligarchy. Who says the news is all bad these days?
Why bother telling us if nobody is going to do anything about it? I'm tired of the rage "news" that is never addressed by law enforcement.
There is no justice. There is no point in being angry, no point in demanding resolution. It never comes. There is no hope for this "civilization".
Prove me wrong.
Are you seriously suggesting they should stop reporting because it doesnt have immediate legal consequences? They should get rid of elections then because they dont make a difference. Oh thats what theyre going for? Good.
I see a lot of that sort of sentiment on lemmy. It almost always follows with "assassinate the president or youre complicit"
You're both wrong, though I see why you'd think that from my statement.
I'm frustrated.
I spent literal decades of my life debating, explaining, and trying to get people to fucking wake up and do something, only to be shouted down as a liberal (as if that were a bad thing).
At this point, it's put up or shut up. If someone is going to write an article about this shit, they need to point out how fucked up it is and call for law enforcement to do their fucking job.
If they won't do anything to at least not make it sound normal or mundane, they should shut the fuck up, because they are just helping the assholes make it normal, and encourage the idea there's nothing anyone can do about it. They are just making money off the decay of humane civilization.
No, they need to execute a traitor convicted of treason. The fact that they’re the same person should be of no consequence.
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