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Palantir, the information analytics software application maker, has actually recently included $50 countless gold bars to their treasury, as divulged in the firm's latest incomes statement.
Danielle DiMartino Cubicle, CEO of Quill Knowledge, stated that this purchase could be mirrored by various other large business.
" These moves … are strong testaments to how much down the rabbit opening main banking, this grand experiment, has actually gone. They speak with the fact that there is a big concern concerning the strength of money, regarding the sanctity of fiat currency," DiMartino Booth told Michelle Makori, editor-in-chief of Kitco Information.
Follow Michelle Makori on Twitter: @MichelleMakori ()
Adhere To Danielle DiMartino Booth on Twitter: @DiMartinoBooth ()
0:00 – FOMC minutes
4:47 – Taper tantrum
6:15 – Infrastructure expense
8:28 – Re-nomination of Jerome Powell
10:35 – Jackson Opening
15:44 – Palantir getting $50 million in gold
#Fed #Palantir #gold
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Why Palantir and Tesla are adding gold and Bitcoin to reserves – Danielle DiMartino Booth
Palantir, the data analytics software manufacturer, has recently added $50 million of gold bars to their treasury, as disclosed in the company’s latest earnings statement.
Danielle DiMartino Booth, CEO of Quill Intelligence, said that this purchase could be mirrored by other large companies.
“These moves…are strong testaments to how far down the rabbit hole central banking, this grand experiment, has gone. They speak to the fact that there is a huge concern about the soundness of money, about the sanctity of fiat currency,” DiMartino Booth told Michelle Makori, editor-in-chief of Kitco News.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Danielle DiMartino Booth on Twitter: @DiMartinoBooth (https://twitter.com/DiMartinoBooth)
0:00 - FOMC minutes
4:47 - Taper tantrum
6:15 - Infrastructure bill
8:28 - Re-nomination of Jerome Powell
10:35 - Jackson Hole
15:44 - Palantir buying $50 million in gold
#Fed #Palantir #gold
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
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