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Insider Trading at the White House Is an Open Secret

DeFranco News Clips45 views
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Instead of trading at the White House, it's now essentially just an open secret. And the BBC, they put the receipts on paper. Right, so they analyzed trade volume against Trump's biggest market-moving announcements, and they found a consistent pattern.

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Massive, unusual trades happen right before Trump says something that moves the markets. So let's look at March 9th. At 6.29 p.m., someone dumped 6,200 oil futures contracts. CBS publishes a Trump interview saying that the Iran war was very complete pretty much and oil prices tanked. So somebody got paid and the same pattern played out again on March 23rd. And last year, 14 minutes before Trump announced

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a 90 day pause on his liberation day tariffs, roughly $580 million in oil futures changed hands in a single minute. You had Nobel laureate Paul Krugman calling it treason. Also in Polymark, you had a fresh account betting $32,000 in early January that Maduro was about to lose power. And then boom, next day he's out and they walked away with $436,000.

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Same deal with the Iran strikes. Six brand new accounts created in February won $1.2 million on February 28th, predicting the exact day the US would bomb Iran. But also here's the problem in the meantime, insider trading is nearly impossible to prosecute

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insider trading is nearly impossible to prosecute unless you can identify the source of the leak.

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