Buying Canadian Coins Versus Free Falling Loonie - Page 2

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Author	Replies: 20 / Views: 4,464	Page: of 2

macdon Valued Member Canada 495 Posts	Posted 12/18/2015 08:32 am It will be interesting to see we where are headed in 2016 not only with the "hobby" but economy in general. The giant Pacman next door to us is the place to be as pacificoin has noted. Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5397 Posts	Posted 12/18/2015 11:56 am Never thought I would love being an exporter so much , but indeed this is MERRY CHRISTMAS . We have a little snow on the ground today and more sunshine in our account as we prepare to send even more stuff to our American Cousins. It is not all bad this collapsing LOON. Report this Post to the Staff
john100 Pillar of the Community Canada 5324 Posts	Posted 12/18/2015 12:00 pm There is always a general thought the federal government wanted a weaker loonie to boast export, but a free falling loonie at some point hurts us all. Report this Post to the Staff
unruhjonny Pillar of the Community Canada 514 Posts	Posted 12/22/2015 1:57 pm i think the sweet spot for our export businesses is somewhere around $1cnd = $0.7~$0.82usd IIRC we have for the most part, for the past thirty years been hovering in the $0.72-0.76 area... The sky is not falling. Report this Post to the Staff
kbbpll Pillar of the Community United States 4233 Posts	Posted 12/26/2015 12:59 am Quote: every thing that is good is about to leave Canada I've seen this sentiment expressed in various ways on this forum, and always find it curious/interesting. It's like coins are some kind of national heritage or something. As an American, I couldn't care less if a bunch of Morgans or St Gaudens go to Saudi Arabia or Germany. Most of my Canadian coins crossed the border almost 70 years ago, so it's not anything new. Report this Post to the Staff
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