Quotes of the Day

September 9, 2015
Jim Chanos: New short position in Cheniere Energy

LNG demand isn't growing anymore. We already have excess capacity, and we're about to pretty much almost double the capacity globally over the next four years. - Jim Chanos

September 9, 2015
Jim Chanos: This will lead to unraveling in China

One of the worries we've always had was they were going to lose control of their currency. - Jim Chanos

Implications if he's right:

1. China is a sure thing. Not.
2. Commodities are a sure thing. Not.
3. Hyperinflation. Not.
4. Rising interest rate environment. Not.
5. Dennis Gartman is a genius. Not.
6. Jim Rogers is a genius. Not.