Brian Kelly, founder of BKCM Digital Assets, Tom Farley, former NYSE president and current chairman and CEO of Far Point Acquisition, and Anthony Scaramucci, founder of SkyBridge Capital and former White House Communications Director, join "Squawk Box" to discuss why some investors are turning to bitcoin and gold as a "safe haven."
Why? Because they're stupid.
It's definitely stupid to seek refuge for the big money in such manipulated asset which may drop 85% out of the blue, just because whales decided it's time to cash real dollars