Let’s talk a little more about this dumb ass war.
If you’re already enraged at the loss of life, mass casualty events and millions of people forced to flee their home, you’re going to just love this. Turns out it’s not only the military industrial complex that’s making bank of suffering.
Over the weekend, Trump and his administration had been going on and on with threats of escalations, honing in on potential oil targets in Iran. This, of course, had the expected effect: gas prices surged up.
On Monday morning, however, March 23rd, a remarkable shift in tone occurred, where Trump announced on his pretend-twitter that he would in fact NOT attack IRan’s oil infrastructure, and instead, they are in negotiations to bring the war to an end.
The markets rallied, oil prices came down, again, as expected.
For those paying attention, however, something about this about face rang some alarm bells. So they looked. And what did they find?
About 15 minutes before Trump’s Monday post, a large amount of traders bet hundreds of millions of dollars on the future market. There was no public knowledge what so ever, that the US and Iran were talking, however, these traders, far more than usual, made this surprising bet.
And they were rewarded handsomely for it.
Is it a reasonable conclusion that Trump told his oligarch buddies before he made his post?
You tell me.
But it sure seems to be like market manipulation and insider trading at the highest level.
As always, follow the money and you’ll find the motivations.
If you’d like to drive a little more into the story, here are a few of my sources:
-sohmer
