Software company palantir has recently purchased fifty million dollars worth of gold bullion. So should you be investing in gold in this video? You go to find out I’m going to dive into the gold price. The headlines and my valuation and by point for talented stuck to
this is going to be really exciting. Video guys who’d be sure to stick around all the way till the end, and I think you’ll like what I’ve got for you
Palantir has just bought Fifty million dollars in gold bars in august twenty twenty one, as it’s cash, pile, is grown to over two billion dollars. So this makes sense. Talents here is basically hedging. It’s cash position by pitch seeing some gold,
which is a traditional hedge against inflation. One of the major reasons- this is a major surprise, is the fact that many large technology companies now are actually buying bitcoin instead, which is being called the digital gold. As a hedge against inflation, we have pay pal, we have square, we have tesla they’ve all been buying bitcoin for the very same reasons as Palantir.
Despite been an advanced software company. Palantir has gone old school and bought gold. So is this a good deal for Palantir?
