Part 3: Central Bankers Are Revving Up the Helicopters
Last week, I noted that three former central bankers were openly advocating for central banks to implement “helicopter money” during the next economic downturn.
Helicopter money consists of the Fed printing money and funneling it directly into the economy by either:
- Directly financing government budgets.
- Paying money directly to citizens.
The idea of helicopter money has been floating around economic circles for years, but to my knowledge this is the first time we’ve seen three former central bankers openly calling for it.
These central bankers are:
- Philipp Hildebrand: Former head of Switzerland’s central bank
- Stanley Fischer: Former vice-chair of the Federal Reserve
- Jean Boivin: Former Deputy Governor of Canada’s central bank
Put simply, these are three HIGHLY connected and influential former central bankers. In this regard, their article can be considered a blueprint for what’s to come as far as central bank policy during the next economic downturn.
Now, the big question is, “how do you profit from this?”
One simple answer for “buy and hold” investors is: buy gold.
Gold: A Great Long-Term Play
As I noted last week, gold is exploding higher in U.S. dollars (dark blue line), Euros (orange line), and Yen (light blue line).
Put simply, gold is a great way to profit from what’s coming in the long term.
But what about in the near term?
The Currency Markets: A Great Near-Term Play
In the near term, central bank interventions are going to lead to incredible currency volatility.
The last time central banks were aggressively intervening in the currency markets regularly was from 2008-2010.
Look at the massive price swings in the U.S. dollar (dark blue line), the Euro (orange line), and the Yen (light blue line) in the chart below.
Currency traders made literal fortunes during this time period. And I believe we are about to enter another one just like it.
This is why I’ve spent the last six months developing a proprietary trading system, Alpha Currency Profits, to do exactly that.
Since its creation, Alpha Currency Profits has shown returns of 52% in two days, 75% in five days, 79% in four days, and even 100% in just four days.
And mind you, those are just the gains we’ve seen since early JUNE!
If you’re interested in seeing these kinds of returns, you can find out more about this unique trading system below… and the best part is, we’re trading currencies without touching the dangerous foreign exchange (FOREX) market!