• Truth and Trading

    From Mike Powell@1:2320/107 to Rob McCart on Thu Aug 6 16:12:54 2026
    Thought I would move this out of Canada Chat, since we've sort of gone off topic, to a more appropriate echo.

    Have you heard of his latest 'offer' to give earlier access his Truth Social media for the low, low price of $100,000 a month so they can hear ahead of time what Trump is planning to do that will have a big affect on the markets so those people can set things up to make money on what's coming before anyone else knows about it..

    No. If someone were to sign on for that, I am sure they'd want a pretty
    >good ROI. I wonder if that means he is going to post more, or just have
    >his regular posts delayed to the non-subscribing peasants? :/

    It was reported that he would just give earlier access to the same
    posts he was planning to put out in several days.

    Interesting. I was always under the impression that he just posts things off the cuff, and doesn't plan most fo them out, but I have also heard that he has a "social media advisor" or something of the sort, that actually finds things for him to post about and may manage his accounts. So maybe there is some prior planning that goes into them that'd be far enough ahead to make such things work.

    I suppose it's possible that could backfire too if he makes one
    of his frequent changes of plan after he posted there..

    It could backfire on the persons who are subscribing to the service and making any investment plans from them for sure.

    Probably a good thing that you can't usually charge a sitting President with financial crimes since this has been labelled as Insider Trading by a number of people.

    True. So has what a lot of what Congress (both sides) get up to. When
    >they know they are about to pass a law that will affect industry X, most of
    >them do a lot of trading first.

    I guess we all expect that to a certain extent. In theory all fairly
    high up politicians in both our countries are supposed to have their investments put into a blind trust so they don't know what new changes might make or lose them some money there, but I wouldn't bet the farm
    that a lot of cheating isn't going on..

    It could be that they are supposed to do that here in the USA but, in reality, I don't think it is happening that way here. Either that, or whoever is in charge of the "blind trusts" isn't being so blind about the investments.

    Mike




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