- ‘HELICOPTER MONEY COMING’ – EXCLUSIVE INTERVIEW WITH TOP HEDGE FUND MANAGER TOM CONRAD
by JEFF BERWICK, https://dollarvigilante.com/
Thomas D. Conrad, Ph.D. is a highly ranked hedge fund manager with World Opportunity Master Fund and president of Financial Management Corporation. His flagship World Opportunity Master Fund, LP, is an international hedge fund that operates globally as a fund-of-hedge-funds. Fund managers hold in aggregate well over US$2 billion in managed investments. The fund has been ranked number nine in the world in certain categories by BarklayHedge and recently reached a number three ranking. Dr. Conrad has held a seat on the Philadelphia-Baltimore-Washington Stock Exchange, and was Deputy Assistant Secretary of the United States Air Force for the Reagan Administration. Website: www.worldfund.net.
TDV: Hello, Tom, thanks for sitting down with us once again. We last talked to you more than a year ago. At the time you predicted a significant stock market crash and only a month later the Dow reflected your position with a huge intra-day crash. There was huge volatility throughout the fall.
Tom Conrad: Yes, and then again in at the beginning of January of 2016.
TDV: It’s not over yet, of course.
Tom Conrad: Eventually, we’re going to see a crash of stupendous proportions. I’ve been at this 50 years and after a while you can get a sense of the market even above and beyond the statistics and what you read. It’s been bad and is getting worse despite the market averages.
TDV: We agree. That’s why we were interested when we got your note regarding the prediction of “helicopter money.”
Tom Conrad: I sent that out to all my clients.
TDV: Let me read it out loud.
I am predicting and expecting the United States will soon print and distribute $100 billion of free money to inhabitants of the United States (helicopter money). This is intended to create greater inflation. [ Our fund] will therefore be increasing our percentage of gold ownership as insurance in the fund.
Tom Conrad: I wanted to provide a rationale for what we intend to do, which is substantially add to our portfolio of physical gold.