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The renowned “Black Swan” author believes that currently the markets are becoming very fragile. While gold is growing in price, Taleb said that he does not count on gold in this situation but he prefers to be focused on being “hedged against the eventual market collapse.”Legendary Trader Peter Brandt Weighs In on MicroStrategy's BTC-Fueled RallyThe markets currently are “more fragile than over the last twenty years,” he said, “if not thirty years.
As for the massive market drawdown this year, Taleb commented that such crashes come when people expect them the least and are overexposed to the market. “We are in a very similar environment we had in the previous collapses,” he added.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects.
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