How to protect against coming volatility: ex-Goldman Sachs trader

“In 2008, people were worried about losing their homes, or their second homes, or their third homes, or things of that nature. Now, you have people that don’t know necessarily if the stimulus check doesn’t come, where their next meal is coming from. That kind of fear changes behaviors across everything,” said Jason Urban, CEO of Drawbridge Lending and former institutional trader at Goldman Sachs.
Urban said that both gold and bitcoin can serve as defensive assets. (show less)

“In 2008, people were worried about losing their homes, or their second homes, or their third homes, or things of that nature. Now, you have people that don’t know necessarily if the stimulus check doesn’t come, where their next meal is coming from. That kind of fear changes behaviors across everything,” said Jason Urban, CEO of Drawbridge Lending and former institutional trader at Goldman Sachs.
Urban said that both gold and bitcoin can serve as defensive ... (read more)

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