Goodman Dumps Bank For Beef To Beat Inflation | Global AgInvesting

Goodman Dumps Bank For Beef To Beat Inflation

Goodman Dumps Bank For Beef To Beat Inflation

Ned Goodman, CEO of holding company Dundee Corp., and who oversees approximately $9.6 billion, sold the last of the company’s bank shares earlier this quarter.  Goodman states that with virtually every country in the world currently printing money it is only a matter of time before currencies lose value and inflation rises.  One area of investment where Goodman and Dundee Corp. are shifting focus is to agriculture.  Dundee holds an 83% stake in Blue Goose Capital Corp. – the largest organic beef operator in North America that produces not only organic beef, but poultry  and fish as well.  Blue Goose runs 13,000 head of cattle with enough land to run an additional 37,000.  Mr. Goodman states, “I want to own assets that are inflation –proof.”

 

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