Business

After a furious three day "dash for trash", no volume, no breadth, commodity-driven rally, even Santa is now exhausted and overnight US equity index futures were little changed with European and Asian shares mixed. The dollar has declines as gold, silver gain, with WTI initially continuing its recent meteoric rise (up over 8% in the past three days, nearly hitting $38), only to reverse and give up all overnight gains moments ago.

How the illusion of the Free Market is really a market constrained by historical power. Everyone is a peasant under New Feudalism. Banking is a system of faceless despotism where everyone must serve the corporate charter and nonsensical inflation.

Submitted by Brandon Smith via Alt-Market.com,

Back on November 19, we told the tragic tale of one Joe Campbell. It went as follows.

In early November, the company which we dubbed as "one of the countless fly-by-night biotech pennystocks", the now infamous drug developer KaloBios Pharmaceuticals said it would wind down its operations and that it had engaged restructuring firm Brenner Group to help liquidate its assets. The company said it was "highly unlikely that exploring strategic options could generate a viable transaction within the time frame, given its limited cash resources.

The bigger they are...

The "Dash For Trash" continues...

As The open was another big short squeeze... 2nd biggest short squeeze day in 2 months and 2nd biggest 2-week squeeze in 10 months