- Legend Warns Of World Economic Crash & Oil Spike To $250!
Today a legendary trader and investor warned King World News that the world is in danger of seeing the oil price soar to $250. He also warned this will crash the world economy and collapse confidence in the financial system and currencies. 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.” Below are the dire warnings issued by Sperandeo.
Sperandeo: “If you want to completely destabilize the Middle East, you try to destroy Saudi Arabia. Saudi Arabia is the richest country in the Middle East and they take care of their people. So when ISIS takes control of Iraq, you are going to have what the U.S. would describe as terrorists on the border of Saudi Arabia.
Eric, do you know how easy it is to blow up some of the oil pipelines and the oil wells of Saudi Arabia? I did a study on this once and it’s really very easy. To blow up one or two pipelines or halt oil production in one or two places is not a hard task if units of ISIS are properly positioned and they are determined to do it….
I was shocked central banks printed and put to work $29.1 trillion into the markets, but the question is, what are they going to do when a crisis hits? And oil soaring to $250 at a time when the central banks have no more bullets in their guns, that’s a crisis that creates a total global collapse.”