9 Black Swan Events that changed the Financial World
China Threatens to Stop Exports of Vital “Rare Earth” Metals to U.S#moneymetals https://t.co/vY0J0Ic2D3
— Money Metals (@MoneyMetals) May 24, 2019
An Oil Shock Could Be the Black Swan That Finally Drives Gold Higher
The word Black Swan was popularized after the meltdown that resulting after the Financial crisis of 2008. Setting 2008 as the base case example, Taleb argued that Black Swan events are almost impossible to predict yet have far-reaching consequences, therefore, people should always assume that a Black Swan event would take place & plan accordingly.
