Billionaire Eric Sprott: Massive Financial Derivatives Losses Have Already Taken Place! Global Financial Tsunami Is Coming!
- Billionaire Eric Sprott Just Made One Of The Most Dire Predictions Of 2015!
by www.kingworldnews.com
Today billionaire Eric Sprott warned King World News that massive derivatives losses have already taken place and they are currently being hidden from the public. He then issued one of the most dire predictions of 2015.
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Billionaire Eric Sprott Warns A Financial Tsunami Is Coming
Eric King: “What is going to trigger the disaster that brings the world back to reality?”
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Sprott: “There is no doubt in my mind that we are in the disaster. It is a disaster when a currency falls by 30 percent. These things that are going on are absolutely insane….
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“The biggest issue is what’s happening in the derivatives market. It’s just staggering to think that we have one quadrillion dollars of derivatives.
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One Percent Change = $10 Trillion!
One quadrillion dollars is a very, very large amount. A one percent change is 10 trillion dollars! (LAUGHTER). We get one percent changes in currencies every day.
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Reblogged this on TheFlippinTruth.