|Money and Finance Because you have to save money to spend it on new paintball stuff!|
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|01-30-2016, 08:00 AM||#1 (permalink)|
THE Green Modster
I hadn't been paying too much attention to it but seems it's pretty low right now.
Anyone have insight as to why?
Anyone converting a few hundred USD for when it goes back up?
Master Jar Jar
|01-30-2016, 09:50 AM||#2 (permalink)|
Answer to #1 is in some post in here:
#2 not exactly going to go back high fast.
|01-30-2016, 12:01 PM||#3 (permalink)|
I'm going to guess there's probably a complex political reason that's very debatable. But Canadians seem to be more pragmatic about thier politics then Americans.
I say start hedging on 50 gallon drums of maple syrup! If the CAD doesn't recover at least you can have pancakes.
|01-30-2016, 01:28 PM||#4 (permalink)|
Money Spending Enthusiast
Join Date: Jun 2009
I believe the recovery rate will be proportional to how much the government invests in restarting and diversifying the economy and/or how quickly everyone else is going to recover and start buying oil from us again.
If you live in the US for the sake of the Canadian economy please start to drive your hummers again. Maybe if you burn enough petroleum products there will be enough demand for your oil companies to restart their Canadian ventures.