Legend Says More QE Coming But Warns It Will End In Tragedy

Tuesday, September 2, 2014
By Paul Martin

September 2, 2014

Today a legendary trader and investor told King World News that there will be more QE coming from Europe this week, but warned it will end in tragedy. He also discussed a more radical proposal from the Council on Foreign Relations (CFR). Victor Sperandeo has been in the business 45 years, and has worked with famous individuals such as Leon Cooperman and George Soros.

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.

Eric King: “Victor, the European Central Bank (ECB) appears ready to launch more QE this Thursday.”

Sperandeo: “According to their agreements, it is illegal for Europe to engage in QE. Technically they are not allowed to do that. Of course they have gotten around this by effectively having the ECB loan an unlimited amount of money to the banks….

The Rest…HERE

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