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Thread: "Canada was taking advantage of us - again"

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    Default "Canada was taking advantage of us - again"

    Aluminum tariff 10%. Well of course we were taking advantage, its called Capitalism right?

    What is the price of anything really? Nickel could be worth $1 an ounce by the depths we go to get it.
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    Quote Originally Posted by ZenOps View Post
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    Aluminum tariff 10%. Well of course we were taking advantage, its called Capitalism right?

    What is the price of anything really? Nickel could be worth $1 an ounce by the depths we go to get it.
    now i understand why everybody gives you a hard time.
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    Whut. Noone said that you couldn't "set the price" on commodities. Arguably all of US finished luxury goods are arbitrary capital prices, from Gucci to specialty cheese. If you ask me, bread price fixing is still far too high - Galen Weston will no doubt be a $100 Billionaire in the next couple decades. I can imagine most natives north of Edmonton will weigh less than 90 pounds as time wears on.

    Should it cost more, is it reasonable to ask more to dig something up from 10,000 feet under the earth? Sure it is, just like how it takes money to sew together some alligator skin to make a Gucci bag. What is more valuable though? If the USA gets to say $4,000 per Gucci, I get to say $1 per nickel.

    Arguably, the US is vastly underpaying the rest of the world for its resources. If TikTok is correctly priced at $50 Billion then the USA has been underpaying for oil for decades. Although again, oil pales in comparison to tech. Right now the only thing the USA is engaging in is straight up theft. You can always tell what is valuable by what people are trying to steal, and the USA could care less about stealing oil right now.

    I say we stop selling everything to the USA through government, and let everything ride on free markets. Stop selling anything to the USA including aluminum and nickel. That'll teach 'em.
    Last edited by ZenOps; 08-06-2020 at 08:52 PM.
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    BTW: 10% is an insignificant amount on the free market for metals.

    A 200% tariff would be a *significant* amount. But arguably, this is all about pushing people around, see how much bullying you can do.

    If the markets decide that silver is $12 per ounce (like back in March) or $30 per ounce (as of today) a 10% variance means nothing if the underlying free market asset is moving at that rate (and can potentially price a tariff in as a hourly fluctuation)
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    Yeah, not even as much as HST, rookie.
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    https://www.cnn.com/2019/04/15/busin...ill/index.html

    With allies like Trump.... WTF are we holding Meng for.
    Last edited by Xtrema; 08-06-2020 at 10:48 PM.

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    Its concerning though, that silver is moving like how the price of bread in Zimbabwe was. At least Canada is a net exporter of food, even if none of it is citrus.

    It is very risky to mention hint of the "I" word. The US media is avoiding it like the plague, wait no - avoiding it like a barrel of oil.

    Side note: The cost of a luxury bed pillow hitting $150+ is quite an interesting phenomena. No doubt viral media has a part to play in it.
    Last edited by ZenOps; 08-07-2020 at 04:08 AM.
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    BTW: Its pretty clear that the USA has adopted a "USA only" and not a "USA first" policy.
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    This will hurt imports now too with the natural retaliatory import duties Canada will impose. Shit is going to just keep getting more expensive!
    Bob Blakeborough

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