Page 1 of 3 123 LastLast
Results 1 to 10 of 29

Thread: The USD/Euro Exchange Rate is CRAZY!

  1. #1
    Business Member Nordic Marksman's Avatar
    Join Date
    Aug 2013
    Posts
    1,534

    The USD/Euro Exchange Rate is CRAZY!

    Absolutly nuts.

    Its been a long time since I have seen the CAD $ at such a low point.

    How long before we see dramatic price increases?

  2. #2
    CGN Ultra frequent flyer
    Join Date
    Feb 2016
    Location
    Jasper ON Zone 66A
    Posts
    2,147
    It would not surprise me one but to see bank on America and Bank of Canada go to positive interest rates in the coming weeks... meaning they will pay banks to borrow money instead of charge them...

    Anyone who tells you what the world will look like in a months time is lying, these are unchartered waters.
    Hearts and Minds; Two best places to shoot
    Fighting in a basement provides challenges, Number 1 your fighting in a basement!

  3. #3
    CGN frequent flyer
    Join Date
    Jan 2010
    Location
    Maple Skids, BC
    Posts
    1,820
    I think you're referring to negative interest rates. Yeah, that bull sH it is coming.

  4. #4
    CGN Regular
    Join Date
    Dec 2017
    Location
    West
    Posts
    113
    Japan has had negative interest rates in the past. This is the problem when you keep interest rates low in relatively stable periods of economic growth, you lack the tools to deal with a meltdown.

  5. #5
    CGN Ultra frequent flyer CZ85Combat's Avatar
    Join Date
    Mar 2006
    Location
    Sunnyvale, Trenton
    Posts
    2,303
    time for a sale...

  6. #6
    CGN Ultra frequent flyer Onagoth's Avatar
    Join Date
    Feb 2008
    Location
    Virginia
    Posts
    15,468
    When everything else is being sold, people tend to want US dollars.
    The first principle is that you must not fool yourself and you are the easiest person to fool.

    - Richard Feynman

  7. #7
    CGN Ultra frequent flyer caramel's Avatar
    Join Date
    Jan 2011
    Posts
    21,122
    Well because of the lieberal possible bans that cause all of the firearms and ammos buying and stacking in the last year.

    This as become a good thing if we have to go on a budget from now on.
    Last edited by caramel; 03-16-2020 at 11:13 AM.
    Yep, fixed wing is great but rotary wing is ... GREAT. Life is good. JP.

  8. #8
    Super GunNutz lowe160's Avatar
    Join Date
    Dec 2006
    Location
    Bridgewater,Nova Scotia
    Posts
    765
    Quote Originally Posted by CZ85Combat View Post
    time for a sale...
    I agree, just like the one last fall on rifles!

  9. #9
    GunNutz
    Join Date
    Mar 2016
    Location
    Maple Ridge, BC
    Posts
    294
    Its been a long time since I have seen this country at such a low point.

  10. #10
    CGN Ultra frequent flyer Dexter Morgan's Avatar
    Join Date
    Nov 2010
    Posts
    6,565
    Yeah.
    With everything crashing in Europe I thought to myself; "Maybe it's good time to order some Euros?"

    NOPE. $1.60 Canadian.
    How on earth is their currency going UP in value?

Page 1 of 3 123 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •