That's odd PLTR would buy 51 million dollars in gold bar, that's physical gold. Think about it, 51 million dollars illiquid ,just sitting around doing nothing. Another thing is that some investors think it's a good thing, that's odd too.
51m into gold means about one metric ton,so in case of black swan everything collapses, also gold,nobody is paying with gold,or in the best case they could earn some millions.
They tried to make a buzz with BTC but they did nothing,next stupid idea : buying simpsons or pokemon collector car and why not a share buyback ?$Palantir Technologies Inc.(PLTR)$
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