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“Palantir Technologies Inc. said it’s preparing for another “black swan event” by stockpiling gold bars. The company spent $50.7 million this month on gold, part of an unusual investment strategy”
Palantir’s 100-ounce gold bars will be kept in a secure location in the northeastern U.S., according to the filing. “The company is able to take physical possession of the gold bars stored at the facility at any time with reasonable notice,” Palantir wrote.
https://finance.yahoo.com/news/palantir-buys-51-million-gold-173724022.html
Note: Its a Data mining firm. They must get a lot of good info, as per their profile. Its like the CIA is saying, “get ready” for the next fiasco:
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. The company provides Palantir Gotham, a software platform for government operatives in the defense and intelligence sectors, which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform.