Daily Poll: PLTR invests in more SPAC, and buys tons of gold
Smaug: "Something you carry, something made of gold... but far more precious..."
$Palantir (PLTR.US)$ has expanded its portfolio of investments in companies going public via SPACs, or special-purpose acquisition companies, to well over $300 million.
As previously reported, $Palantir (PLTR.US)$ has started a program of investing in young companies in return for multi-year commitments to use the company's software.
As previously reported, $Palantir (PLTR.US)$ has started a program of investing in young companies in return for multi-year commitments to use the company's software.
Palantir also disclosed that it purchased $50.7 million in 100-ounce gold bars.
The move reflects a growing company stashing cash in an unconventional asset in response to economic uncertainty spurred by the coronavirus pandemic and governments’ response to it.
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The move reflects a growing company stashing cash in an unconventional asset in response to economic uncertainty spurred by the coronavirus pandemic and governments’ response to it.
You May Also Like: 'Rich Dad Poor Dad' author Robert Kiyosaki says an epic market crash is coming - and tells investors to buy bitcoin, gold, and silver
Is that a sign we should be more aware of the black swang incident? Or it's just a ringer taking his hat off to "The Lord of the Rings" lol.
What you gonna do in reaction to the potential Black swan incident? Share the moves you may take, let's see how other mooers will do.
What you gonna do in reaction to the potential Black swan incident? Share the moves you may take, let's see how other mooers will do.
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M1ian : buy gold cause its the most stable
Eddyyyyyy : gold
JulianMackie M1ian : i recommend bonds for profit
Emily : Gold, more gold!
Yassien : can u say anything without buying BTC
chgocal123 : Gold, if the dollar runs old that would be the next in line.
mootastic : i bought long term GLD opions haha
mootastic : I believe they use their own technology to protect them from black swan events
Jimmy112 : fly with it...just joke
Jai Dev : Is it worth buying.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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