How long can the greenback maintain its status as the de facto global currency?
How long can the greenback maintain its status as the de facto global currency?
What's the meaning of the ongoing financial downturn? How long will it last, and who will it affect most? A panel of experts on financial markets joined Roundtable to take on these questions and more.
In this segment, Leon Lamle explains his optimism about the future of the dollar.
"My portfolio is basically gold, U.S. dollars and Bitcoin," says Lamle. "No matter what happens, we're gonna see incredible volatility in a massively financialized system."
He continues, "I have the dollar because America's got the greatest positioning of any country. We've got two beautiful oceans keeping land wars at bay. We produce more oil and food than we need. We have got potential manufacturing partnerships in Mexico and Canada."
"If the Fed can actually keep our interest rates lower than our competitors elsewhere, you're gonna see a lot of wealth flow here. We're already the safest place to park capital."
Watch the full discussion below:
Roundtable Guests:
Tony Delgado, Founder, Latino Wall Street
Leon Lamle, Founder, Lamle Ventures
Jon Najarian, Co-Host, CNBC Halftime Report