Justplainbill's Weblog

August 19, 2021

Palantir’s Black Swan

Filed under: Political Commentary — justplainbill @ 3:19 am

Palantir (PLTR) Technologies’ Black Swan

Both The Wall Street Journal and Barron’s have been reporting on the purchase of both crypto-currencies and precious metals by financial institutions. With the accumulation of cash into the trillions of dollars on corporate balance sheets, corporations have begun to do the same. However,

When Palantir Technologies was queried re their purchase last week of $50,000,000.00, in gold (Au) bullion, their response was not a regular financial one, but the dark one, “we’re preparing for a Black Swan Event.” A Black Swan Event is an unforeseen and before the fact unforeseeable catastrophe, although hindsight usually shows that it was seeable and could easily be foreseen and mitigated or even avoided.

With al-Qaeda and The Taliban win in Afghanistan and their integration with Pakistan and its nukes, remember bin Laden was living comfortably in Pakistan with their knowledge, consent, and assistance, it is my assessment that within twelve months at least two nukes will be used against us. Further, without too many details, I think that one of them will be used against our finance industry.

Crypto will be of no avail as one or more of the EMP’s will completely wipe out both the block chains and the purses. With that whole system being digital, it will always fail when does the electricity, and without the appropriate physical back-ups, it becomes un-replaceable.

This leaves precious metals as the only basis for a market economy and safe haven for a portion of your personal wealth.

556, 6.5, 9, Cu, Ag, + Au

God Bless the Constitution of these United States of America

Semper Fi

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