Our Gold Guy
No Result
View All Result
Friday, September 29, 2023
  • Home
  • Finance
  • Business
  • Economy
  • Politics
  • Contact Us
Our Gold Guy
  • Home
  • Finance
  • Business
  • Economy
  • Politics
  • Contact Us
No Result
View All Result
Our Gold Guy
No Result
View All Result
Home Finance

Palantir Buys Over $50 Million of Gold Bars: ‘Preparing for a Future With More Black Swans’

by Zero Hedge
August 18, 2021
in Finance
Palantir Buys Over $50 Million of Gold Bars_ 'Preparing for a Future With More Black Swans'

Anyone watching Tuesday’s US market cash session sees red across the board. One of the strongest sell programs in months dumped stocks at the start of trading on Tuesday, and equity volatility spiked to the upside. As Nomura warned looking the arcane gamma topology underpinning the market, this could be the beginning of a market storm. And ahead of what could be further market turmoil, Palantir Technologies warned about an upcoming “black swan event,” according to Bloomberg.

The software company, co-founded by the technology billionaire Peter Thiel and CEO Alex Karp, wrote in a filing last week that it stockpiled $50.7 million in gold bars earlier this month.  The filing also said it acquired technology startups, blank-check companies, and even cryptocurrencies.

Protect your wealth or retirement with PHYSICAL BULLION. Gold and silver in a self-directed IRA or in your safe at home is quickly becoming the most popular way to defend Americans’ life’s savings. Contact Ira Bershatsky for real answers to your questions.

Palantir had previously said it would accept Bitcoin as a form of payment for its services, along with payment in precious metals (however Bloomberg quoted a spokeswoman from Palantir who said no clients have paid in Bitcoin or gold yet).

Shyam Sankar, the COO of Palantir, said accepting nontraditional forms of payment “reflects more of a worldview,” adding: “you have to be prepared for a future with more black swan events.”

Palantir’s 100-ounce gold bars are expected to be stored in an undisclosed vault in the US Northeast.

“The company can take physical possession of the gold bars stored at the facility at any time with reasonable notice,” Palantir wrote.

None of this comes as a surprise that the loss of faith in those “who control the money” [Federal Reserve] – cryptocurrencies and precious physical metals are becoming a popular hedge for when the system implodes.

Ira Birshatsky

Palantir co-founder Joe Lonsdale was quoted not too long ago, saying, “idiots are running the Fed.” Lonsdale was referencing the unconventional monetary policy that has helped balloon the national debt by over $5 trillion since early March 2020, to $28.4 trillion and set the US dollar on collision course with loss of reserve status.

What is remarkable is that foreign holders of US Treasury Debt accounted for only a quarter of the spiking US National Debt (red line, right scale), the second-lowest end-of-quarter percentage since 2007 (via Wolf Street):

Palantir’s move into physical gold and cryptocurrencies is continuing the global de-dollarization trend…

Mike Krieger of Liberty Blitzkrieg tweeted about Palantir’s gold buying and warning of another “black swan event” by saying: “When the spooks tell you a false flag is coming, a false flag is coming.” 

We are a truly AMERICA FIRST precious metals company that specializes in bullion. Let us send physical precious metals to your home; $2,500 minimum. We can rollover or transfer your retirement accounts to a self-directed IRA as well. Contact Our Gold Guy, Ira Bershatsky, for the personal buying experience.

When the spooks tell you a false flag is coming, a false flag is coming.

— Michael Krieger (@LibertyBlitz) August 17, 2021

Palantir is not alone as SchiffGold notes that Chinese gold demand rebounded sharply in the first half of 2021 after plummeting in 2020, according to data released by the China Gold Association (CGA). China ranks as the world’s number one gold consumer and the Chinese market has a significant impact on global demand.

Demand was up 69.2%, coming in at just over 547 tons through the first 6 months of the year. China’s year-on-year gold consumption surged 93.9% in the first quarter alone. Gold demand wasn’t just up compared to 2020, a year of economic distress due to coronavirus. It was up 4.49% above pre-pandemic levels in 2019.

Image by PublicDomainPictures from Pixabay. Article cross-posted from Zero Hedge.

The Biden Regime and Globalists Don’t Want You Owning Precious Metals

Look around. Things aren’t the way they should be. Between Pandemic Panic Theater, Ukraine, food shortages, and a push for Central Bank Digital Currencies, everything you’ve spent your life building and protecting is in jeopardy.

Precious metals are historically the most reliable and safest hedge against economic turmoil. With the Biden regime and globalists enhancing the chaos, it’s important for patriotic Americans to take control of their financial future.

Ira Bershatsky offers consultations to those who want to invest in precious metals. During these consultations, he will match your current financial situation with the best physical precious metal purchases whether you want to rollover your IRA or have coins discreetly shipped to your home. You will not talk to a telemarketer or sales rep. You will talk to a true expert in precious metals with decades of experience helping people protect and advance their wealth.

Fill out the form here and we will schedule a precious metals consultation with Our Gold Guy, Ira.

Schedule a Precious Metals Consultation Today:

Tags: EconomyGoldPalantirTop StoryZero Hedge
Dollar

The End of the Road for the Dollar

September 29, 2023
Russian Oil

End of Dollar’s Hegemony: Russian Oil Giant Now Using Yuan and Rubles for Export Settlements

September 29, 2023
Mortgage rates spike to 22-year high under Joe Biden's policies

Mortgage Rates Spike to 22-Year High Under Joe Biden’s Policies

September 29, 2023
Why Your Credit Card Rewards Might Be Going Bye-Bye

Why Your Credit Card Rewards Might Be Going Bye-Bye

September 29, 2023
Elon Musk Confirms Firing of “Half of Election Integrity” Team at X…Including the Head of the Team

Elon Musk Confirms Firing of “Half of Election Integrity” Team at X…Including the Head of the Team

September 29, 2023
Guess who's upset now about illegal aliens depressing wages

Guess Who’s Upset Now About Illegal Aliens Depressing Wages

September 29, 2023
How Government Spending Causes Inflation

How Government Spending Causes Inflation

September 29, 2023
OpenAI Seeks $90 Billion Valuation In Potential Sale Of Existing Shares

OpenAI Seeks $90 Billion Valuation in Potential Sale of Existing Shares

September 29, 2023
Only 10% of the $7.5T Spent During COVID Went to Health

Only 10% of the $7.5T Spent During COVID Went to Health

September 29, 2023
The Great Reset

11 Assumptions About the Future

September 29, 2023

Recent News

Dollar

The End of the Road for the Dollar

September 29, 2023

Search

No Result
View All Result

Site Navigation

  • Home
  • Contact Us
  • Finance
  • Business
  • Economy
  • Politics

About Our Gold Guy

This site is dedicated to helping Americans learn more about the economy, business, and politics. Our nation is in turmoil on all three fronts. We want to make a difference.

© 2021 NOQ Report

No Result
View All Result
  • Contact Us
  • Finance
  • Business
  • Economy
  • Politics
  • Contact Us

© 2021 NOQ Report

Session expired

Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.

>