Why hold a lot of gold?

JustinCooper
2021-08-18

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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精彩评论

  • Cd989
    2021-08-20
    Cd989
    Maybe their software detected one at some point in the future. And maybe theY didnt Take into account Bitcoin. Haha Just a big big maybe.
  • Jerome54
    2021-08-19
    Jerome54
    There is something big going on for PLTR, only diamond hands should hold
  • Ares_M
    2021-08-24
    Ares_M
    If a company whose business is to analyse massive amount of data fears a black swan perhaps we should be concerned...
  • LateWizard
    2021-08-26
    LateWizard
    Gold is a safety net.

    Anyway if you can't hodl please sell, I want to buy on discount 😬 😆😆

  • Helmut
    2021-08-19
    Helmut
    WhEn fiat iS no longer trusTed. Gold & BTC will shin….
  • LeonardKSW
    2021-08-25
    LeonardKSW
    gold come in perfect if markets crashed..
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