About gold

Palantir (NYSE: PLTR), which is a CIA spinoff for all intents and purposes, bought $50 million of gold in 100oz bars, and apparently everybody is having kittens over it, as if they’d never heard of the shiny yellow thingy. Why would anyone think the shiny thingy is money? Wojak scratch head.

That happened at the time when everybody and their dog are bullying me online with ads for bitcoin and other crypto garbage, because we’re in some pump-and-dump scheme where they are trying to get rid of it, hopefully for more than they paid for it, because the game for crypto seems to be over. China closed the mines so there’s hardly any new bitcoin being made, so the only ones being on sale belong to the folks who are paying for the ads. Think about it: if someone actually thinks it’s going to be worth more, they sure aren’t going to sell it, let alone advertise it. If they are selling it, it means they are looking for a fool bigger than themselves, which means all my enemies are certain to buy it.

Also, someone has recently done a very LARGE short-to-long swap in gold, by dumping over $4 billion of gold futures during the night, triggering sell scripts everywhere and dropping the prices significantly, and then someone picked a huge long position in gold at a discount. Gold recovered in the meantime, and silver and platinum are still being hammered. I’m buying all three at the maximum rate my income allows.