Treason in the Futures Markets
https://paulkrugman.substack.com/p/treason-in-the-futures-markets
Treason in the Futures Markets
https://paulkrugman.substack.com/p/treason-in-the-futures-markets
It's not that it can't be traced, the author is stating it won't be traced because high-ranking government officials are selling those secrets.
This is actually not new in this administration. Last year the president posted on social media telling people to buy stocks a few hours before he announced tariffs (https://apnews.com/article/trump-truth-social-djt-tesla-musk...).
The bigger problem isn't whether or not it can be traced, or if it should be traced. It can and it should. The central issue at stake here is the sale of government secrets to private and (presently) anonymous groups for profit. The author is stating that since we don't know who the trader of that commodity is, and because that commodity's price is tightly coupled to actions related to the war, that trader could be helping enemies of the U.S. Without the knowledge of who the person is, or how they knew to make such a huge market movement, a claim of treason can be argued.
The biggest problem is the intelligence community is heavily rooted in trust. Movements like these signal there's an intelligence leak to the general public, or more appropriately, someone with $580 million lying around. An intelligence leak reduces trust; allies are less likely to share information if it's leaked. Conversely, trust is returned when the leaks are found and plugged, and measures put in place to prevent those leaks in the future. The author is stating that these leaks are unlikely to be plugged, which will reduce trust in American intelligence. After all, as the president said, "Let's say I was gonna do it or let's say I wasn't gonna do it, why would I tell you?" (https://www.bbc.com/news/live/c4gqjyk0vx3t)
Except he is telling someone, and that someone is making a lot of money.

President Donald Trump offered financial advice on Wednesday morning that ended up making a lot of money for any lucky investor who listened to him. He posted on his social media platform Truth Social that it was "a great time to buy.” Less than four hours later, Trump announced a 90-day pause on nearly all his tariffs. Stocks jumped on the news. That has ethics lawyers and Democratic senators worried that Trump may be giving stock tips on inside information, a violation of securities law. A White House spokesman said the president has the right to “reassure the markets.”
> It's not that it can't be traced, the author is stating it won't be traced because high-ranking government officials are selling those secrets.
"US SEC's ex-enforcement chief clashed with bosses over Trump cases before leaving, sources say":
* https://www.reuters.com/business/finance/us-secs-ex-enforcem...
"SEC enforcement director quits":
* https://www.cfodive.com/news/sec-enforcement-director-abrupt...
The head of the SEC didn't want the SEC's investigation division to investigate (certain things).