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1 month agoHe’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.
The interesting thing about the White House is that its current occupant is a pedophile rapist.