Why do you set yourself up for it? Or is it the same as with the cops, the judges etc.?
Anyone Sad To See That The Canadian Penny Has Been Discontinued?
- Thread starter wizard
- Start date
Why do you set yourself up for it? Or is it the same as with the cops, the judges etc.?
Copper pennies and all change that is made from high grade nickle is being sold for "recycling". Where is the the loot from the metals going? Will it hit the books?
Lots of old powerlines out in the prarie are pure copper,Altalink says some rolls they rec out are worth about 30 grand per roll just for the copper value and theres lots of old abandoned lines laying around.
I think lots of the old abandoned cp rail,telephone and old telegraph wires are pure copper,lots laying around.
A year or two ago a couple local guys thought they were clipping "abandoned" CPR wires. They found out the hard way those wires are for the signals.
Actually money is worth whatever value we accept it has. I we all of a sudden decided across the country that a loaf of bread will cost 1 cent then everything would be adjusted and the international exchange would adjust and things would continue as usual.
I'm not sad to see the $0.99 price gone, how many decades did that go on after everybody knew they were not 'getting a deal'?
How many loonies hit the market as the 'free replacement'?
How many loonies hit the market as the 'free replacement'?
Last edited:
Guess you will just have to get with the times.
Might try RIM shares. I hear they are cheap right now.
It is actually much higher than that. That is just what we pay the peons that bring it in. New copper pipe is not worth quite as much as it has too many impurities i it.
I don't like it...
"You had to put your nickel in..." vs "You had to put your two cents in..."
"a nickel for your thoughts..." vs "a penny for your thoughts..."
Inflation already.
However, in a reverse move the USA many follow Canada's lead.. (usually it's the other way around and 10 years later)
Abolish the penny: The United States should follow Canada’s lead and ditch one-cent coins. - Slate Magazine
"You had to put your nickel in..." vs "You had to put your two cents in..."
"a nickel for your thoughts..." vs "a penny for your thoughts..."
Inflation already.
However, in a reverse move the USA many follow Canada's lead.. (usually it's the other way around and 10 years later)
Abolish the penny: The United States should follow Canada’s lead and ditch one-cent coins. - Slate Magazine
I'll bet it caused all kinds of havoc when Canada changed from the English system and "Penny wise and pound foolish" lost its meaning.
I remember a time when I could buy two Mojos for a penny....It was upsetting when the price went up to one for a penny.