“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
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
"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
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.” 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.
"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
"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
William Lindsey 
gbsills