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Looking to grow your business online? Get started today with a free 15-day trial from Odoo 👉🏻 https://www.odoo.com/r/hGZ6 ----- "Fun" Tools To Track Your Elected Officials - https://www.quiverquant.com/congresstrading/ ----- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://www.howmoneyworkslibrary.com/ Listen on Spotify - https://open.spotify.com/show/5gi1JobDJC3QqaF4aKfenR?si=f3IsgWIlSKObF8BT1Fitig ----- My Other Channel: @HowHistoryWorks @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ sponsors@worksmedia.group Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #oil #finance #money ----- Earlier this week the president announced on truth social that there had been productive talks with Iran to de-escalate the situation in the region, which inferred a loosening of shipping traffic in the Strait of Hormuz, which in turn meant the potential for lower oil prices and a more positive outlook for financial markets. Now putting to the side for a second that these “productive talks” may or may not have happened at all, what actually got people's attention was that just 16 minutes before this announcement there was a huge spike in futures trading within these markets, clearly suggesting that someone on the inside knew what was about to happen and was profiting off it. Depending on the details of the trades this mystery speculator could have made as much as 60 million dollars within the span of 20 minutes… but perhaps this isn’t surprising to you anymore… Insider trading has effectively become the expectation in Washington at this point as everyone from senior elected officials all the way down to junior public servants consistently outperform the top hedge funds on the planet… it’s not great, but… well… people have just become numb to it, these days it’s barely worth reporting on… It’s obviously immoral at best and borderline treasonous at worst, but at this point we know nothing is going to be done about it, and with everything else going on it is easy to assume that in the grand scheme of things this isn’t actually hurting us individually as much as everything else in the economy at the moment. Most people don’t really have stock investments worth worrying about and even if they did it’s hard to see the impact this kind of cheating actually has. This disheartening indifference is part of what makes this week's “lucky” trade in particular so interesting, people actually cared about it! And there were probably two reasons for this. First, it was happening in a market that was clearly hurting them right now, someone making life changing amounts of money speculating on oil prices just inherently doesn’t sit right while most people are struggling to put gas in their cars. The second, was simply how brazen it was. The only reason we even know this happened at all was because (whoever they were) they made trades with hundreds of millions of dollars in notional value within the span of just 60 seconds and they did it 15 minutes before a market altering announcement. The point is that if this was insider trading they didn’t even have the common decency to spread their trades out over a few hours… if they did there is a good chance we would never even know… instead they are literally giving us the bird with trading volume… Now this particular example may be particularly infuriating, but if there is some good that may come of it, it is showing that; this happens all the time, the insiders are usually just a little bit better at hiding it. Looking back at a few of the key changes that have enabled (what should be shameful behaviour) to become so blatant is the first step, but this itself also raises some much more important questions, like well… How much money has actually been made off political insider trading? And more importantly, how much is all of this actually costing you?!