PBD Podcast NYSE's Polymarket Bet, Gold & Bitcoin Skyrocket, Candace Owens Texts & Wall Street Woos Trump | PBD Podcast | Ep. 662
43 snips
Oct 8, 2025 
Eric Bolling, a savvy television host and political commentator, dives into the intricate world of finance and current events. He discusses the NYSE's staggering $2 billion investment in Polymarket, highlighting the emerging role of prediction markets. The conversation shifts to the explosive rise of gold and Bitcoin, exploring their potential as investment hedges. Additionally, they touch upon the implications of tariffs and how banks are luring Trump into Fannie Mae and Freddie Mac IPOs, all while navigating the political landscape.
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Host Brings Kilo Gold Bar As Hedge
- Patrick brought a kilo gold bar to the studio and said he bought many bars as a hedge.
- He recounts buying a bar for ~$50,000 that later rose above $128,000, illustrating recent price moves.
Dollar De-Risking Drives Gold And Crypto
- Gold and Bitcoin are rallying as investors de-risk the dollar amid geopolitical and tariff uncertainty.
- Central banks and institutions buying alternatives signal a structural move away from dollar-only reserves.
California’s Hybrid Gig Labor Model
- California preserved gig workers' 1099 status while granting collective bargaining rights, creating a hybrid model.
- This compromise keeps flexibility for platforms but opens the door to wage/fee negotiations that may raise consumer costs.
