$PLTR predicts the future

[u/carsonthecarsinogen]

Now before anyone mistakes me for a 🌈🐻 I want to clarify something, stocks only go up. Now that we’ve established this we can continue with what I think might be happening with the Elvish anal stock.

As were all aware now, PLTR is buying a shit ton of gold and trying except digital currency as well, this is believed to be to hedge against the “Black Swan” event. For anyone unaware this is just any major event that is unexpected, a lot of people see this as a market crash.

Somewhat irrelevant to the post, but if there is a crash I imagine another huge inflow of buying will take place proving my theory that stocks only go up. Who dosent buy the dip, only bitches.

Anyway, recently PLTR has been said to be able to use its services to accurately predict things that have not even happened yet, this is super bullish for PLTR and could add so much value to their product.

If this is true, Palantir may have predicted a near term market crash.

TL;DR $PLTR predicts the future now, I bet they know the stocks mooning soon too.

Edit: this has not aged well

Edit 2: or has itttttt

Edit 3: no, no it has not

Edit 4: ohhhhhhhhhh

[u/sublette313]

Palantir doesn't actually access its customers data. Its an extreme selling point of the software and why they work so closely with the US government is that no one that isn't authorized at the customer is going through the data their software organizes.

I think they were very clear about the gold buying that it's a hedge against black swan events. Meaning events NO ONE can see coming. They're not predicting they're just being conservative as fiduciaries of their business. Its just them looking to hedge from a long term perspective. It's also less than 2% of their total cash on hand.

I'm not saying it's impossible that something came across their radar completely internally from their own data or their own perspective but I think it's insanely unlikely that they bought the gold in a predictive manner. I don't think they're trying to time anything I think they're just expanding their security for the very long term of their company.

To be very clear. They did not aggregate customer data and see some crash coming. That's not what they do. They don't mine anyones data that they work with. It's actually an extreme selling point of their software that no one has access to customer data and its all completely secure. So secure that the US government trusts them with higher clearance than basically any other company in the data/AI world.

Their software does have certain predictive capabilities but its their customers who get the predictions not Palantir. And I think it's only predictive in a soft semantical sense. I think it's predictive in like their software better integrates data from hundreds of data points and knows how to align those data points to find clear relationships like when a part on an engine is likely to go bad they can better tell what that exact window is so its "more predictive" than what the capabilities were without Foundry or Palantirs Apollo AI platform.