Good old Ned Goodman, aged 75, billionaire CEO of Dundee Corporation mouthed off this week against the US Dollar effectively saying nobody wants it anymore.
Heavily invested in precious metals and natural resources, Ned isn't bullish at all on the greenback despite its very nice recent rise against the Canadian Dollar. Economists expect the US Dollar to appreciate this year against the looooooonie.
Good old Ned warns us that: "during this period, it is likely to get quite ugly...."
Ugly? Like the lack of recent success of Canadian teams with the Stanley Cup?
