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

To: Lazarus who wrote (198720)	5/11/2023 8:01:48 PM
From: TobagoJack	Read Replies (1) \| Respond to of 218014

Re <<that (first vid) is PURE GOLD!>> :0) I hold great hopes for successive generations of creators, especially as each unflinchingly engages with web3 to explore the great re-build of what came before, into the fantabulously glorious ultra techno social networked everything well, yes, the future holds a great deal of promise, and crypto not yet done-done toast-toast :0) in the meantime, the jack (12) made a trade (PLTR) last Friday in imaginery paper space that I did not have time to tag in real electronic space, and now I am short against his 30% paper gain. Jack fished out the trade by monitoring activity level news letter and checking out the symbols dancing and bouncing. Wonderful. am hoping the backfill shall allow me to cover, and he thus learns about backfill. Jack is very conversant in the ways of Casper whereas the Coconut is not at all interested I asked the kids a hypothetical, and Coconut was happy to take all of the income Casper coins generate, for the duration of her schooling and let Jack have all the Casper coins for good thereafter; Jack is happy to forego all of the income and be left with the coins that generate the income, for the duration of Coconut's college end circa 2026 May. Perfect pairing :0))) I shall NOT let go of my Caspers, even as I refrain temptation to swallow up the kids allocated bags of Caspers to sate avarice. I do need to teach the kids how to access and work with Casper wallets in case anything happens to me, else not-your-wallet-not-your-code contingency preparation in limbo. The nut lands in HK 15 hours from now, and immediately starts work on 1st internship, starting with script coverage Message 34237487 , for a tier 1 movie production house. Earning via English tutorial to 8-11th graders starts Monday at full throttle. She tests for 2nd internship 28th May, anchor / editor for soft news journalism. She shall scamper to Paris 21st June on own to join other kids in writing class w/ prize-winning writers, 2 days per week, and absorb the smoke-bomb / cafe atmosphere on alternate whilst working on 1st internship. Afternoons shall be for homework and tutorial work by zoom with HK. Weekends shall be with friends in Paris and train journey south to join her suite mate at her family's 'country place'. Mama and Jack shall be in Paris but to leave the nut absolutely alone. Close but far. I join the lot in Istanbul late July to absorb the atmosphere, sample the food, and really looking forward to hanging out with the kids in cafe whilst taking in morning news flow. Ideally I can demo a sequence of actions by which I convert some Caspers to Bitcoin satoshi's and extract fiat money from a bitcoinised ATM and buy meal to let the kids appreciate the wonders of digital finance. Once back in HK the nut shall likely, hopefully, take on a 3rd internship even as the first two internships continue. Then summer done and I take a break from break and head to Koh Samui to join my pal's birthday party. Hope the planet holds together for the duration and not interfere with my to-do's. I just got told, as a btw, that the nut's dorm suite lost three of 6 suite mates, ad she is good friends with the two remaining. Somehow and I do not know how, the three new incoming suite mates are boyz who came as an apparent package. What a coincidence. Am deciding whether to accompany the nut back to school even though she shall be a sophomore, for then I can visit buddies on the east coast afterwards, coincidentally also. I do know that the nut's indubitably tier1 (highest grade point average, social services, etc) sorority did a bunch of fix-up dinners this past semester where the older sisters fix up the younger ones based on expert-systems / AI mix & match enhanced by ways of human brains and contact networks. The colleges encourage students to live on campus, and the fraternities & sororities do not have live-in; only rented / owned gathering places. One less complication. Coconut's internships can be multi-years. We shall see what she is allowed, and chooses. finance.yahoo.com

To: Lazarus who wrote (198720)

5/11/2023 8:48:28 PM

From: TobagoJack

Read Replies (1) | Respond to of 218014

Re <<PURE GOLD>>

... looked into the matter re Jack's windfall by timing of Palantir gain and noting that Palantir is a computer software / cyber security outfit but did a one-off good trade. Shall ask the Jack whether he will paper-sell and lock in gain.

kitco.com

Palantir sells all of its gold-bar holdings worth $50 million

(Kitco News) After purchasing $50.9 million worth of 100-ounce gold bars in 2021, software and data analytics firm Palantir sold all of its gold holdings in less than two years for $51.1 million, citing "an immaterial realized gain," according to the company's Q1 financial filing.

"During the year ended December 31, 2021, the Company purchased $50.9 million in 100-ounce gold bars. During the three months ended March 31, 2023, the Company sold all of its gold bars for total proceeds of $51.1 million and recorded an immaterial realized gain within other income (expense), net on the condensed consolidated statements of operations," the company said.

When Palantir bought gold in Q4 of 2021, prices were trading below $1,900 an ounce. In 2023, gold began the year around that same level, but at the end of March, prices climbed sustainably above $1,900 an ounce, testing $2,000 an ounce a couple of times.

At the time of writing, spot gold was trading at 2,011.10, down 0.92% on the day.

During the purchase time, the macro environment was very different for gold. The Federal Reserve didn't begin its aggressive tightening cycle yet, stock performance was about to peak, and Bitcoin didn't crash yet, trading around its record high of $69,000.

After reporting the gold purchase in August 2021, Palantir said the move into the precious metal was prompted by worries of another black swan event when the company's cash pile was up from its stock sales.

"You have to be prepared for a future with more black swan events," Palantir COO Shyam Sankar told Bloomberg.

Palantir made no comment as to why it decided to sell all of its gold in Q1 of this year.

During the time of holding gold, Palantir's holdings withstood inflation peaking at 9.1% in June 2022, and the Fed's hiking cycle, which saw interest rates climb 5% in just over a year.

Year-to-date, spot prices are up more than 10%, with many analysts forecasting more upside potential for gold as the Fed signals a June pause in its tightening cycle.

Palantir also revealed that at the end of Q1, it held $1.62 billion in U.S. Treasury securities. "Cash equivalents primarily consist of money market funds and U.S. treasury securities with original maturities of three months or less, which are invested primarily with U.S. financial institutions," the firm's filing said.