Palantir, a company known for IT-security globally recently bought $50 million in physical gold. To further heighten concerns about this position, the yet-to-turn-a-profit company paid off all its debt.
In response to public scrutiny, Palantir said it had made these moves in preparation for a Black Swan event.
If we missed the subtle signs that heralded the Coronavirus pandemic, Palantir’s signature move shouldn’t leave us guessing. I am not presuming to know exactly what the Black Swan event might be but imagine that the internet was shutdown globally for a week or month or a year…and prepare.