PALANTIR BUYS $50 MILLION IN GOLD BARS

I’m not going to pretend I know exactly what the company Palantir Technologies does for business, but I do know it’s a spook company with Peter Theil as the largest shareholder. It caught my attention that Palantir just bought $50 million in physical gold bars while the rest of Silicon Valley is exchanging fiat for cryptocurrency. Why would a tech company invest in physical gold?

The stock market is at an all-time high and the housing market is starting to cool. Michael Burry is betting against  Cathy Wood’s ETF of “innovative” garbage tech companies such as Twitter. I can’t think of a better indicator of the air being let out of the inflated market than a tech company buying physical gold as a hedge against a Black Swan event.

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