Today a legendary trader and investor spoke with King World News about the comments made yesterday by Mark Mobius about China as well as a scary chart. 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 end game and gold.