Legend Who Predicted 1987 Crash Warns “This Will End Badly”

Friday, April 18, 2014
By Paul Martin

April 18, 2014

Today a legendary trader warned King World News that the stock market is set up to “crash.” Victor Sperandeo has been in the business 45 years, and has worked with famous individuals such as Leon Cooperman and George Soros. Another legend, hedge fund manager Paul Tudor Jones, said, “Victor Sperandeo is gifted with one of the finest minds I know. No wonder he’s compiled such an amazing record of success as a money manager.”

Incredibly, Sperandeo was interviewed in Barrons in September of 1987, where, with astonishing accuracy, he predicted that the stock market would crash. The market crash took place one month later and it just added to his legendary reputation. Below are the warnings issued by Sperandeo regarding the current state of the markets.

Eric King: “Victor, Jeffrey Saut talks about you being a legend. You worked with Leon Cooperman and George Soros. You were interviewed in Barrons, where you (famously) predicted the crash in 1987. I’m not hearing from you that we’re going to crash, but I’m hearing some warning signs from you.”

Sperandeo: “You are set up (for the stock market) to crash but you need an impetus. You need something to make it happen. 1987 was an easier call. But here you’ve got a manipulated market, you don’t have a free market, and that’s very important….

The Rest…HERE

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