MarketsInsider/Theron Mohamed/11-27-2022
“The various parts of speculation are getting wrung out of this market one by one. We’ve waded right into the middle of our second crypto crisis. On top of that you’ve got the tech complex melting down. Whether it’s crypto, whether it’s NFTs, whether it’s SPACs, the poster children for that speculation are basically being taken out to the woodshed and disposed of.” – Jim Chanos, Chanos & Co.
USAGOLD note: This article includes ten quotes from Chanos worth reading. At 55%, his crash scenario is probably the most aggressive among Wall Street’s best and brightest.
