- United States
- Mo.
- Letter
An Open Letter
To: Sen. Hawley, Sen. Schmitt, Rep. Graves
From: A constituent in Plattsburg, MO
March 26
On Monday, March 23, at 0705 eastern time, Trump posted on social media that Washington had held “VERY GOOD AND PRODUCTIVE CONVERSATIONS” with Tehran. Interestingly, the S&P 500 futures soared more than 2.5% before the opening bell. And oil futures (bets on the future prices of oil) plummeted, dropping 14% in a matter of minutes. However, BEFORE his post, at 0649 eastern time, traders placed 734 bets on crude oil contracts on the New York Mercantile Exchange. One minute later, at 0650 eastern, that number had jumped to 2,168 — equivalent to about $170 million. AND, at the same time — 15 minutes before the social media post — West Texas Intermediate futures also saw a huge spike in trading activity. The same pattern was seen in contracts for Brent crude. Between 0648 and 0650 eastern, a two-minute period, the volume of trades rose from 20 to more than 1,650. That’s about $150 million in contracts. A similar spike in trades occurred between 0649 and 0650 eastern, in futures contracts for the Standard & Poor 500 stock index, the Euro Stoxx 50, and other stock markets. At 0650 eastern, $1.5 billion in notional value of S&P 500 futures contracts were bought. SO, in just 15 minutes before Trump announced that the U.S. would postpone strikes against Iran’s energy infrastructure, the volume of stock market trades mysteriously spiked and the price of oil just as mysteriously plunged. But in this 15-minute period before the president’s announcement — there were NO publicly available news statements that any serious talks had been taking place between the U.S. and Iran. There was NO news to drive sudden big market transactions. What explains this HUGE spike in stock market trades and DROP in oil futures? This appears to have been made by a person or many people, who had prior knowledge and made a ton of money off this inside information. When officers of a company or people close to them exploit confidential information for personal financial gain, that’s insider trading AND it’s illegal. But when people with access to confidential information regarding national security — such as plans to bomb or not to bomb another country — exploit that information for profit – THAT IS TREASON. I have pulled these facts from Robert Reich and other market experts including CNBC, you should find good sources and answers soon and figure out how to respond. This deserves an investigation by the Securities and Exchange Commission at minimum and likely the FBI. This is MOST likely criminal activity at the highest levels. WILL YOU BE CALLING FOR AN INVESTIGATION? What are you going to do? This deserves immediate attention for anyone profiting from war and dead soldiers – SHAME! I expect an answer immediately.
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