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The finance sector is a mystery to me so not sure if this is big or not... 00:03 - Sep 12 with 4610 viewscallis



Sounds it and people appear to have gone ape-sh1t on Twitter, no tweets from anyone playing it down. If this isn’t sensationalist or a dodgy source and what it’s getting across is true my brain might explode from the madness.

My hip flask is full of whiskey but my soul feels empty.
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The finance sector is a mystery to me so not sure if this is big or not... on 09:10 - Sep 12 with 517 viewsBackToRussia

The finance sector is a mystery to me so not sure if this is big or not... on 09:04 - Sep 12 by StokieBlue

I don't entirely agree.

It's fine to take a short position if your view is that brexit will cause a decrease in said asset prices. However having taken that view is it then right to try and make it happen by funding the side which can facilitate it?

They are trying to make something happen which they believe to be bad but don't care as they will profit.

SB


It's basically betting on a game and then bribing the players to throw the game.

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The finance sector is a mystery to me so not sure if this is big or not... on 09:12 - Sep 12 with 516 viewslowhouseblue

The finance sector is a mystery to me so not sure if this is big or not... on 09:04 - Sep 12 by StokieBlue

I don't entirely agree.

It's fine to take a short position if your view is that brexit will cause a decrease in said asset prices. However having taken that view is it then right to try and make it happen by funding the side which can facilitate it?

They are trying to make something happen which they believe to be bad but don't care as they will profit.

SB


you would need to prove that they are doing that - and on a scale whereby there is any realistic expectation that their action will alter the outcome. what we have in the tweet in the op is an allegation of some sort of possible correlation rather than anything getting near to proving causation. most macro hedge funds will have a position on brexit, if ones with senior managers who politically support leave have tended to forecast one outcome rather than another there might be lots of reasons for that other than an attempt to actively manipulate things.

the tweet in the op seems to me another example of the hysteria which characterises anything about brexit at present.

And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show

-3
The finance sector is a mystery to me so not sure if this is big or not... on 09:15 - Sep 12 with 505 viewsBackToRussia

The finance sector is a mystery to me so not sure if this is big or not... on 09:12 - Sep 12 by lowhouseblue

you would need to prove that they are doing that - and on a scale whereby there is any realistic expectation that their action will alter the outcome. what we have in the tweet in the op is an allegation of some sort of possible correlation rather than anything getting near to proving causation. most macro hedge funds will have a position on brexit, if ones with senior managers who politically support leave have tended to forecast one outcome rather than another there might be lots of reasons for that other than an attempt to actively manipulate things.

the tweet in the op seems to me another example of the hysteria which characterises anything about brexit at present.


Yeah people routinely give away millions to politicians for no reason at all, with no expectation of anything back. And then go and make a bet on something that those selfsame politicians have a huge influence on. It's just a coincidence. Nothing to see here.

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The finance sector is a mystery to me so not sure if this is big or not... on 09:15 - Sep 12 with 503 viewsitfcjoe

The finance sector is a mystery to me so not sure if this is big or not... on 09:04 - Sep 12 by StokieBlue

I don't entirely agree.

It's fine to take a short position if your view is that brexit will cause a decrease in said asset prices. However having taken that view is it then right to try and make it happen by funding the side which can facilitate it?

They are trying to make something happen which they believe to be bad but don't care as they will profit.

SB


It's like betting on Ipswich to lose a game with a load of money and also giving some to Tomas Holy.

They might think Ipswich are going to lose anyway, but by bribing the keeper they help make it happen too.

Nothing to see here though....

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The finance sector is a mystery to me so not sure if this is big or not... on 09:19 - Sep 12 with 476 viewsBanksterDebtSlave

The finance sector is a mystery to me so not sure if this is big or not... on 07:55 - Sep 12 by Bluefish

It seems a big grey area to insider trading


....as if they would do that....!
String the f@ckers up....

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The finance sector is a mystery to me so not sure if this is big or not... on 09:21 - Sep 12 with 468 viewslowhouseblue

The finance sector is a mystery to me so not sure if this is big or not... on 09:15 - Sep 12 by BackToRussia

Yeah people routinely give away millions to politicians for no reason at all, with no expectation of anything back. And then go and make a bet on something that those selfsame politicians have a huge influence on. It's just a coincidence. Nothing to see here.


do you know they've given millions? and when did they donate? if it was before or during the referendum then it's a bit of a stretch to claim that it is shaping their risk positions now. seems to me that the tweet is throwing together some vague associations and trying to build a conspiracy out of them.

And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show

0
The finance sector is a mystery to me so not sure if this is big or not... on 09:21 - Sep 12 with 462 viewsgiant_ullaa

The finance sector is a mystery to me so not sure if this is big or not... on 09:12 - Sep 12 by lowhouseblue

you would need to prove that they are doing that - and on a scale whereby there is any realistic expectation that their action will alter the outcome. what we have in the tweet in the op is an allegation of some sort of possible correlation rather than anything getting near to proving causation. most macro hedge funds will have a position on brexit, if ones with senior managers who politically support leave have tended to forecast one outcome rather than another there might be lots of reasons for that other than an attempt to actively manipulate things.

the tweet in the op seems to me another example of the hysteria which characterises anything about brexit at present.


It might not be illegal or provably illegal, but it's not madly one-eyed to object to it's scuminess. To me, at the very least its further proof that brexit is not a cause that joe bloggs should be supporting.

Has anyone ever looked at their own postings for last day or so? Oh my... so sorry.
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The finance sector is a mystery to me so not sure if this is big or not... on 09:23 - Sep 12 with 454 viewsGuthrum

The finance sector is a mystery to me so not sure if this is big or not... on 08:59 - Sep 12 by flimflam

Can someone explain though how they can make money on a no deal brexit per se?

They cant. They make money by going short or long on a particular currency, probably in this case the pound. They are guessing a no deal will see a bear spike and they will cash in. If they win however someone else loses so who are they? Can the article elaborate on those too?

As you know this is how they work and they make money on market volatility which brexit is providing them in abundance. Its like shooting fish in a barrel for them. They are private companies investing private money looking to make a quick buck on spikes in the markets.

As i said nothing to see here.


Doesn't get around the fact that they are both gambling on the outcome and attempting to influence the result. In horseracing, that would be highly illegal. Why is the financial sector so poorly regulated in comparison?

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The finance sector is a mystery to me so not sure if this is big or not... on 09:23 - Sep 12 with 451 viewsfooters

Not surprising in the least. Markets have had a no-deal effectively priced in for months. Doubt there's little short-term price action left in the pound until we actually depart, hence why a 'clean break' is being pushed for.

The last three and a half years have been a free lunch for currency traders.

"Yeah well, those kids probably get stickers for good behaviour, not our fault that Phil aint dishing out Paninis is it"
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The finance sector is a mystery to me so not sure if this is big or not... on 09:26 - Sep 12 with 440 viewsBanksterDebtSlave

The finance sector is a mystery to me so not sure if this is big or not... on 09:12 - Sep 12 by lowhouseblue

you would need to prove that they are doing that - and on a scale whereby there is any realistic expectation that their action will alter the outcome. what we have in the tweet in the op is an allegation of some sort of possible correlation rather than anything getting near to proving causation. most macro hedge funds will have a position on brexit, if ones with senior managers who politically support leave have tended to forecast one outcome rather than another there might be lots of reasons for that other than an attempt to actively manipulate things.

the tweet in the op seems to me another example of the hysteria which characterises anything about brexit at present.


Compliant slaves are the favourites!

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The finance sector is a mystery to me so not sure if this is big or not... on 09:27 - Sep 12 with 432 viewslowhouseblue

The finance sector is a mystery to me so not sure if this is big or not... on 09:21 - Sep 12 by giant_ullaa

It might not be illegal or provably illegal, but it's not madly one-eyed to object to it's scuminess. To me, at the very least its further proof that brexit is not a cause that joe bloggs should be supporting.


some hedge funds make money out of major macro events. other hedge funds lose money out of those same events. some hedge fund managers are interested in politics - across parties and causes - and are rich enough to donate to those causes. you can question the morality of hedge funds, but to say that it is more immoral for a hedge fund manager who supported leave in 2016 to make money than a hedge fund manager who didn't, seems odd to me. and perhaps their bets won't come off and they'll actually lose money. hurrah.

And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show

-2

The finance sector is a mystery to me so not sure if this is big or not... on 09:29 - Sep 12 with 424 viewscallis

Alarming to me RN the press can get a whiff of a fart near Corbyn and it will be front page news but no one’s talking about this, not even to debunk it. I just want the truth from a trusted source or expert.

My hip flask is full of whiskey but my soul feels empty.
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The finance sector is a mystery to me so not sure if this is big or not... on 09:35 - Sep 12 with 390 viewsBackToRussia

The finance sector is a mystery to me so not sure if this is big or not... on 09:21 - Sep 12 by lowhouseblue

do you know they've given millions? and when did they donate? if it was before or during the referendum then it's a bit of a stretch to claim that it is shaping their risk positions now. seems to me that the tweet is throwing together some vague associations and trying to build a conspiracy out of them.


I think you're probably OK or not with capitalists having such a degree of influence on the future of this country. It seems now it was all a scheme to personally enrich a few, rather than a belief that the country may be genuinely more prosperous as a result of leaving the EU. It's rich capitalists scheming to become richer, at the expense of the entire country.

TWTD CP. Evans Out.
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The finance sector is a mystery to me so not sure if this is big or not... on 09:37 - Sep 12 with 383 viewsOldsmoker

The finance sector is a mystery to me so not sure if this is big or not... on 09:29 - Sep 12 by callis

Alarming to me RN the press can get a whiff of a fart near Corbyn and it will be front page news but no one’s talking about this, not even to debunk it. I just want the truth from a trusted source or expert.


It appears these people are gaming the system if true.
The fact that the MSM is owned by like-minded people means it's all happening beneath the radar because that's where they want to keep it.
Quodos to you Callis for reading the Byline Times. I have found many stories on there that have an in-depth analysis and are serious news but get ignored by the MSM.

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The finance sector is a mystery to me so not sure if this is big or not... on 09:38 - Sep 12 with 373 viewscallis

The finance sector is a mystery to me so not sure if this is big or not... on 09:37 - Sep 12 by Oldsmoker

It appears these people are gaming the system if true.
The fact that the MSM is owned by like-minded people means it's all happening beneath the radar because that's where they want to keep it.
Quodos to you Callis for reading the Byline Times. I have found many stories on there that have an in-depth analysis and are serious news but get ignored by the MSM.


In fairness I don’t, I had never heard of it until now and was wary of the source at first. Looking around though it seems legit.

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The finance sector is a mystery to me so not sure if this is big or not... on 09:39 - Sep 12 with 364 viewswkj

Nothing to see here

Aka

Shhhhh... Just let it happen

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The finance sector is a mystery to me so not sure if this is big or not... on 09:39 - Sep 12 with 362 viewsfooters

The finance sector is a mystery to me so not sure if this is big or not... on 09:35 - Sep 12 by BackToRussia

I think you're probably OK or not with capitalists having such a degree of influence on the future of this country. It seems now it was all a scheme to personally enrich a few, rather than a belief that the country may be genuinely more prosperous as a result of leaving the EU. It's rich capitalists scheming to become richer, at the expense of the entire country.


Soros got a huge kicking for shorting on Black Wednesday, unpatriotic traitor and what not. Fast forward to today and people are perfectly happy with the whole thing :)

"Yeah well, those kids probably get stickers for good behaviour, not our fault that Phil aint dishing out Paninis is it"
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The finance sector is a mystery to me so not sure if this is big or not... on 09:41 - Sep 12 with 352 viewswkj

The finance sector is a mystery to me so not sure if this is big or not... on 09:39 - Sep 12 by footers

Soros got a huge kicking for shorting on Black Wednesday, unpatriotic traitor and what not. Fast forward to today and people are perfectly happy with the whole thing :)


Inb4choochoowhatabouttrain. Arf

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The finance sector is a mystery to me so not sure if this is big or not... on 09:42 - Sep 12 with 349 viewsBackToRussia

The finance sector is a mystery to me so not sure if this is big or not... on 09:39 - Sep 12 by footers

Soros got a huge kicking for shorting on Black Wednesday, unpatriotic traitor and what not. Fast forward to today and people are perfectly happy with the whole thing :)


It's also not just about money being used to influence politics, it's also that they are financing probably the least democratic and least constitutional regime the UK has had in the modern era.

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The finance sector is a mystery to me so not sure if this is big or not... on 09:44 - Sep 12 with 336 viewslowhouseblue

The finance sector is a mystery to me so not sure if this is big or not... on 09:35 - Sep 12 by BackToRussia

I think you're probably OK or not with capitalists having such a degree of influence on the future of this country. It seems now it was all a scheme to personally enrich a few, rather than a belief that the country may be genuinely more prosperous as a result of leaving the EU. It's rich capitalists scheming to become richer, at the expense of the entire country.


the £8 billion quoted in the tweet in the op will be a fraction of the funds now being used to position investors over the outcome of brexit. "It seems now it was all a scheme to personally enrich a few" … jeez, it really is anything to dismiss the 17.4 million who voted for it, isn't it.

And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show

-6
The finance sector is a mystery to me so not sure if this is big or not... on 09:45 - Sep 12 with 331 viewsStokieBlue

The finance sector is a mystery to me so not sure if this is big or not... on 09:39 - Sep 12 by footers

Soros got a huge kicking for shorting on Black Wednesday, unpatriotic traitor and what not. Fast forward to today and people are perfectly happy with the whole thing :)


What Soros did was different though, he bet against the pound because the implementation of the ERM was deeply flawed. He didn't make it flawed or fund the idea behind it in order to ensure the drop.

SB

“You may not feel outstandingly robust, but if you are an average-sized adult you will contain within your modest frame no less than 7 X 10^18 joules of potential energy—enough to explode with the force of thirty very large hydrogen bombs, assuming you knew how to liberate it and really wished to make a point."

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The finance sector is a mystery to me so not sure if this is big or not... on 09:45 - Sep 12 with 332 viewsitfcjoe

The finance sector is a mystery to me so not sure if this is big or not... on 09:42 - Sep 12 by BackToRussia

It's also not just about money being used to influence politics, it's also that they are financing probably the least democratic and least constitutional regime the UK has had in the modern era.


If we were reading what is happening here about Chad or Equitorial Guinea then people would see it much more clearly for what it is

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The finance sector is a mystery to me so not sure if this is big or not... on 09:46 - Sep 12 with 325 viewsitfcjoe

The finance sector is a mystery to me so not sure if this is big or not... on 09:44 - Sep 12 by lowhouseblue

the £8 billion quoted in the tweet in the op will be a fraction of the funds now being used to position investors over the outcome of brexit. "It seems now it was all a scheme to personally enrich a few" … jeez, it really is anything to dismiss the 17.4 million who voted for it, isn't it.


For someone who was a Labour member and would back them about everything you've really gone full circle now - you sound like Farage at the end here.

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The finance sector is a mystery to me so not sure if this is big or not... on 09:50 - Sep 12 with 300 viewsBackToRussia

The finance sector is a mystery to me so not sure if this is big or not... on 09:44 - Sep 12 by lowhouseblue

the £8 billion quoted in the tweet in the op will be a fraction of the funds now being used to position investors over the outcome of brexit. "It seems now it was all a scheme to personally enrich a few" … jeez, it really is anything to dismiss the 17.4 million who voted for it, isn't it.


We already know there were lies told by the Leave campaign in order to fool those 17 million people, we know that Boris lied to the Queen to try to suspend democracy so that the elected representatives of those 17 million people no longer get a say. And now this. Do you really think they had our best intentions at heart?

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The finance sector is a mystery to me so not sure if this is big or not... on 09:51 - Sep 12 with 296 viewscallis

The finance sector is a mystery to me so not sure if this is big or not... on 09:46 - Sep 12 by itfcjoe

For someone who was a Labour member and would back them about everything you've really gone full circle now - you sound like Farage at the end here.


That’s because he was a Tory hiding behind the New Labour mask. I’ve said it before multiple times and that post was the last bang of the hammer.

My hip flask is full of whiskey but my soul feels empty.
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