Re:Palantir bought $50M in gold bars in August as cash pile ...
by ayngg on Tuesday August 17, 2021 @04:19PM
(#28214395)
I think the idea is that everyone else in the world is doing that right now, and a huge portion of gains in recent times has been from a handful of companies, so I guess there is the choice between productive assets that are overpriced because everyone is dog piling in, debt that is basically negatively yielding against inflation or something like gold.
But 50 million isn't that much for a company like Palantir I would imagine.
But 50 million isn't that much for a company like Palantir I would imagine.