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Shady Oil Bets: Trump's Friends Making Money Off Iran War?

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Well, well, well… what a delightful surprise... the gentlemen are at it again. Truly setting the gold standard for behavior, as always!

Ooooh yes, for the longest time it was Russians, Chinese, Indians and basically every so-called “undeveloped” country under the spotlight. Turns out, reality had other plans.

So much for those fine gentlemen perched so gracefully on their high horses!

Everyone should be making money, it's not rocket science.

Most of my retirement was funded by Bush/Cheney administration. Moved everything over to speculative oil stocks. Bush & Cheney, like they are going to start a war in the M.E. being vested in oil & defense stocks. Even a blind man could see that.

20 minutes ago, KhunLA said:

Everyone should be making money, it's not rocket science.

Most of my retirement was funded by Bush/Cheney administration. Moved everything over to speculative oil stocks. Bush & Cheney, like they are going to start a war in the M.E. being vested in oil & defense stocks. Even a blind man could see that.

Looks like you missed the point.

The OP is referring to the massive short crude/long equities trade "someone" made Monday at 0650 EST, just 15 minutes before Trump posted his Tweet delaying the striking of Iran's oil production facilities.

That "someone" looks to have made between $2-4 billion in 20 minutes.

The same thing happened when Trump earned his "TACO" nickname, when he changed the implementation schedule of his tarriffs. "Someone" front ran his announcement then, too.

Corruption and self-dealing , in addition to stupidity, are the core attributes of the Trump Administration.

1 minute ago, Wingate said:

Looks like you missed the point.

The OP is referring to the massive short crude/long equities trade "someone" made Monday at 0650 EST, just 15 minutes before Trump posted his Tweet delaying the striking of Iran's oil production facilities.

That "someone" looks to have made between $2-4 billion in 20 minutes.

The same thing happened when Trump earned his "TACO" nickname, when he changed the implementation schedule of his tarriffs. "Someone" front ran his announcement then, too.

Corruption and self-dealing , in addition to stupidity, are the core attributes of the Trump Administration.

Not missing the point, 'inside trading' as a reality, and I've participated in it often myself. Experienced traders do. Rules are for novice, which experienced traders make their money from.

Only reason I use to follow current affairs, for trading. Why I don't trade now, as keeping up on research, takes too much time, along with time difference USA / TH, as have no desire to be awake during trading hours any more, while living here.

I'm retired, trading is work, and I don't need or want to work.

12 minutes ago, KhunLA said:

Not missing the point, 'inside trading' as a reality, and I've participated in it often myself. Experienced traders do. Rules are for novice, which experienced traders make their money from.

Only reason I use to follow current affairs, for trading. Why I don't trade now, as keeping up on research, takes too much time, along with time difference USA / TH, as have no desire to be awake during trading hours any more, while living here.

I'm retired, trading is work, and I don't need or want to work.

Insider trading is illegal and can lead to massive fines and prison time. You are describing a practice that is considered a serious financial crime.
The op refers to the same likely illegal insider trades placed 15 minutes before a Trump Truth Social post before last Mondays market open. Once GOP loses control of the house they will go after him and his cronies on this. How come they haven't come for you yet?

6 minutes ago, Palatus said:

Insider trading is illegal and can lead to massive fines and prison time. You are describing a practice that is considered a serious financial crime.
The op refers to the same likely illegal insider trades placed 15 minutes before a Trump Truth Social post before last Mondays market open. Once GOP loses control of the house they will go after him and his cronies on this. How come they haven't come for you yet?

So is tax evasion, avoidance to be kind, but everyone does it. Everyone I personally know, inside trades, and how to be very successful. As we all share that info, along with keeping that circle of traders, very small.

You obviously don't trade on that level, or this wouldn't be info to you. It only took me 5 years of trading to retire comfortably. It would take much longer if I bought & held for 30 years. Easily doable, with no risk, for those that don't mind retiring at 60 or 65 yrs old. But not for me.

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