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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: sense who wrote (176647)8/17/2021 9:38:51 PM
From: TobagoJack  Read Replies (1) | Respond to of 217774
 
Heads-up, someone just alerted me

Perhaps Capitol Hill should crackdown on Palantir in the same legal act to be passed for crypto

bnnbloomberg.ca

Palantir buys gold bars as hedge against 'black swan event'Palantir Technologies Inc. said it’s preparing for another “black swan event” by stockpiling gold bars and inviting customers to pay for its data analysis software in gold.The company spent US$50.7 million this month on gold, part of an unusual investment strategy that also includes startups, blank-check companies and possibly Bitcoin. Palantir had previously said it would accept Bitcoin as a form of payment before adding precious metals more recently.

A spokeswoman for Palantir said no one has yet paid in either Bitcoin or gold. Accepting nontraditional currencies “reflects more of a worldview,” Shyam Sankar, the chief operating officer, said in an interview. “You have to be prepared for a future with more black swan events.”

The gold purchase was buried in a securities filing last week for its quarterly financial results and reported earlier this week by Barron’s. The acceptance of gold as a form of payment hasn’t been previously reported.

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.

Palantir, co-founded by the technology billionaire Peter Thiel and Chief Executive Officer Alex Karp, makes software used by governments and businesses. It fashions itself as a company of free thinkers. Palantir relocated to Denver last year and mocked its peers in Silicon Valley on the way out. In the interview, Shyam compared Palantir’s culture with an “artist colony,” rather than a tech company churning out software on an assembly line.

Governments have strongly embraced Palantir software to help them make sense of the coronavirus pandemic, the current so-called black swan, a random and unpredictable event.

The company has some US$2.3 billion in cash and is exploring creative uses for that money. Palantir said in May that it was considering investing in Bitcoin. And it’s taking stakes in startups that are customers of Palantir software, an approach that helped buoy sales results in the second quarter.



To: sense who wrote (176647)8/17/2021 11:34:10 PM
From: TobagoJack  Read Replies (1) | Respond to of 217774
 
Re <<Afghanistan ... Biden ... Trump

... People know "Biden really screwed this up"... it wasn't screwed up before... and it is now... royally... and in spades...


Voters will have just over a year to mull it over... and de-rig all the voting machines...>>

Yes. Very exciting in a gaming sense, and really right around the corner.

bloomberg.com

Trump Calls Biden’s Afghanistan Exit the ‘Greatest Embarrassment’
Mark Niquette
18 August 2021, 10:39 GMT+8

Former President Donald Trump criticized his successor’s handing of the chaotic U.S. withdrawal from Afghanistan, saying he would have gotten Americans and equipment out of the country before military personnel and that he had an agreement with the Taliban he was willing to back up with force.

“It’s a great thing that we’re getting out, but nobody has ever handled a withdrawal worse than Joe Biden,” Trump said in an televised interview with Fox News Host Sean Hannity on Tuesday. “This is the greatest embarrassment, I believe, in the history of our country.”

There was chaos at Kabul’s international airport on Monday as people desperately tried to flee after Taliban fighters took control of the capital as U.S. forces left. The Biden administration said the U.S. has now secured the airport and cleared the way for thousands of Americans to evacuate, but Trump said there could be as many as 40,000 “potential hostages” left behind.

Trump, who had promised to bring U.S. troops home from Afghanistan, reached an agreement with the Taliban when he was in office that set a May 1 deadline for the withdrawal with conditions. The former president said he told the top Taliban leader that if any Americans were harmed “we will hit you with a force that no country has ever been hit with before.”

Biden has defiantly defended his decision, but acknowledged the Afghan government fell more quickly than anticipated. He said the Trump administration’s agreement “left the Taliban in the strongest position militarily since 2001.”

Trump, who has teased another run for the White House in 2024, would not confirm his plans on Tuesday, but added “I think you’ll be happy.”

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