Ed Elson

Most of us were busy worrying about how bad the tariffs would be for the economy and for inflation and for trade relationships.

And indeed, we were right.

What we forgot about, though,

was the fact that millions of dollars were likely being made by insiders who already knew what Trump's tariff policy was going to be.

For example, more than a dozen government officials and congressional aides made big stock market trades before Trump came out with his first Liberation Day announcement.

After that, he pulled those tariffs, and he famously taco'd,

But just a few minutes before he did so, we saw once again a huge spike in S&P options trading, with some trades skyrocketing more than 2,000% in a single hour.

It was one of the largest jumps in the S&P's history, and a handful of people mysteriously seemed to know exactly what was about to happen.

We also have to mention the insider trading in crypto.

The fact that TrumpCoin netted more than a billion dollars for 58 anonymous crypto accounts, accounts whose operators happened to sell at the exact right time, right before millions of Americans lost literally billions of dollars of their own money.

The same thing happened with MelaniaCoin.

The same thing happened with World Liberty Financial.

In fact, Eric Trump is now bragging about how much money his family made off of these crypto grifts.

But I'm not done yet.

We could also talk about the billions of dollars Jared Kushner raised from foreign governments to invest in Middle Eastern assets before he personally steered us into war with Iran, as was literally admitted by Trump himself.

We could also talk about the millions of dollars the Trump kids invested in defense companies and drone startups, again, before we decided to go to war in the Middle East.

We could also talk about the Witkoff children.

who have been personally brokering real estate deals in the Middle East while their dad runs the United States foreign policy for the region.

Or even we could talk about David Sachs, who continues to invest in AI companies through his VC firm while he simultaneously runs our AI policy for the entire nation.

I could go on and on here.