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Posted By: Max Weder

Rich

I agree the market will be interesting.

For Canadian collectors, the financial situation has been very interesting. With the Canadian dollar hitting $1.09 briefly (after a rise from 84 cents at the beginning of the year), my collection has "crashed" in value (since I have to spend Canadian dollars to live) but my ability to buy baseball material has soared (since I earn Canadian dollars).

While this is a temporarily welcome relief from having to pay a 50% premium when the Canadian dollar was 67 cents US, the rapid run-up of foreign currencies suggests to me (in my neophyte economic analysis) that the US economy is in trouble. Ultimately, if the US economy tanks sufficiently, the Canadian economy will suffer equally, due to its interlinked nature.


Max