Big Dog's Boom Boom Room Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: upanddown who wrote (80827)	3/2/2007 9:47:27 PM
From: Cogito Ergo Sum	Read Replies (3) of 206126

John the loonie is not only effected by energy.. Ontario is still the engine of Canada and it needs manufacturing, services and tourism... 80% of our trade is with you guys.. A higher loonie kills us.. we are not Arabia. The loonie is not really a Petro currency.. Our lumber is still penalised... under 'free trade' so how can we afford a much higher loonie.. There are other tariffs.. Now of course if the USD craters then the loonie should rise ... right ? Then how do we trade with you guys anything but raw materials... If we had 80% trade with Asia instead.... yeah the loonie could rise against the USD ... You guys would pay through the nose but you guys with Canadian investments would win.. When I was 17 maybe 18 and had a chevy with a 350/4 gas was maybe .30 ?? .40 cents a gallon.. bike was no good in the winter :o)(yeah we had 160oz imperial gallons back then) and the Cannabuck (no loonie then) broke par.. I recall it was 1.02 when I drove down to the Pyramid mall in Plattsburgh to buy a car stereo, installed it in the mall parking lot.. Right it was 75.. I saw Springsteen in Place des Arts, Montreal, small venue.. before he really broke out and The Boss became a familiar term.. I don't think par is coming... it's too painful for us.. I think .85-.88 is the sweetspot.. Around .88 the whining becomes deafening.. Don't let those trade surplus fool you.. Toronto area is painfully broke.. Our transit is crap.. Infrastructure ? All wrong.. Social services have been downloaded to the city.. A lot of that budget surplus was achieved by raping the provinces and municipalities.. You don't think our politicians are smarter than yours do you ? Sure PO helps but it's not enough :o) parr schmarr... Al Edit... not meant to whine about lumber.. that's really just a small thing compared to the Ontario manufacturing and service sector being impacted by a high loonie

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next