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Joined 2 years ago
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Cake day: July 30th, 2023

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  • He’s stupid, yes, but he surrounds himself with people who are also greedy and malicious. This is just straight-up market manipulation.

    After Trump announced plans to levy tariffs on the metal, copper futures jumped as much as 17 percent, Bloomberg reported.

    The play is simply to buy a bunch of futures contracts beforehand, wait for the announcement and the resulting price spike, and sell immediately for a tidy 17% gain, or hold til just before he announces yet another “extension”. How many times has this happened so far this year? It’s so tiresome.