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Re: (was What Happened?)


  • To: "Dtrader" <dan@xxxxxxxxxxxxxxxxx>
  • Subject: Re: (was What Happened?)
  • From: Robert W Cummings <rwc@xxxxxxxxxxxxx>
  • Date: Thu, 17 Dec 1998 13:59:50 -0500 (EST)
  • In-reply-to: <x004201be29e5$8461bcc0$77bafcd0@xx/ppp74743>

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I was referring to the report that said Saddam had not complied with the
weapon inspections personal. Clinton received this report about the same
time silver spiked up on 12/14/98. So a leak must have happened or it could
be just coincidence.

Robert


Dtrader wrote:
>
>Yes. But the kind of information you are referring to would be better termed
>as "classified government information" which of course is illegal to use
>(ala "Trading Places").
>
>True industry insiders always conduct advance crop estimates (and other
>types of estimates for energy and metals and livestock etc) of their own
>upon which they take positions in the futures markets ahead of official
>reports.  That is not illegal at all.  Very often the industry insiders have
>better information than the government's own reporting mechanisms.
>
>Dtrader
>
>
>:-----Original Message-----
>:From: Robert W Cummings <rwc@xxxxxxxxxxxxx>
>:To: Robert W Cummings <rwc@xxxxxxxxxxxxx>
>:Cc: Omega-list@xxxxxxxxxx <Omega-list@xxxxxxxxxx>
>:Date: Wednesday, December 16, 1998 9:16 PM
>:Subject: Re: What Happened?????
>
>:Robert:  Actually the Commodities Exchange Act also forbids the use of
>:inside information as well (such as advance knowledge of grain reports,
>:etc.)
>:Regards, Jack.
>:
>:
>
>
>