Palantir's Bizarre Announcement About Black Swan Event

  • 3 years ago
In a"hidden" paragraph, we learned that Palantir is willing to accept gold in physical form as a means of payment from its customers. We remind you that in a previous update, the company had said that it could also accept Bitcoin as a means of payment.

Shortly after the discovery of the hidden "golden news" by Barron's, the management clarified that so far no customer has met its obligations to the company with gold or Bitcoin. Even more interesting is the justification for the administration's decision to buy gold, even in physical form, which is kept in a safe place in the Northeastern United States.

Siam Sankar, one of the company's top executives, said the investment was part of the company's plan to protect it from possible "black swan" events. We do not know exactly what Carp, Till and their collaborators are afraid of, they obviously do not know themselves, since by nature the nature of a "black swan" is not easy to predict.

But it does remind us that Palantir is perhaps the only company listed on a large stock exchange and has made it clear that it does not and will not do any work in or for China.

From this we may be able to get an idea of ​​the fears of Palantir's company.

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Disclaimer: Everything expressed in this video is a personal opinion provided for entertainment value only. I am not a professional nor a financial advisor. These are not instructions, suggestions, nor directions as to how to handle your money. Please, always do your own due diligence.
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