Friday, May 4, 2012

THIS IS MY 2 CENTS - FROM SIR RICHARD

A PENNY FOR YOUR THOUGHTS?
http://www.youtube.com/watch?v=oRLrTaxASag
Did you Know that as of today there will be no more pennies produced by the Canadian Mint.
Hence, we will never be able to give a Penny for one's thoughts!

Also to my American Cousins, as our friend El Ron pointed out copper is expensive to even just to coat steel and zinc Penny centers is up to $2.41 US to make one US Penny, so one day you too will loose the Noble Penney. 
As a "Penny saved is a Penny earned" lucky for us, it will at least never become the minimum wage once they are all gone. Though I will miss the occasional Lucky Penny!
Then again, when the Penny is no more and for you folks even though a US Penny saved from production could save the US tax payer $2.41 X 1 billion a year. All things will as in Canada will be rounded off to the next $.05, an example being something that costs $2.96 will then become $3.00!
So we lose again and what will become of Ritchie Cunningham's Penny Loafers? 


That is my 2 cents - from Sir Richard...
http://bayo-hunter.blogspot.ca/
P.S. Did you know that a 2006 Canadian Penny that has the letter "P" under the Queen and can not be picked up by a magnet. Is worth $1,000. :)