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Trends in gun purchases

Posted on 1/3/12 at 8:08 am
Posted by Sasquatch Smash
Member since Nov 2007
24003 posts
Posted on 1/3/12 at 8:08 am
Not sure if this was posted last week or not (I did a quick search, didn't find it).

Are guns and ammo the new gold? LINK
Posted by wickowick
Head of Island
Member since Dec 2006
45803 posts
Posted on 1/3/12 at 8:25 am to
From the article...

Posted by NimbleCat
Member since Jan 2007
8802 posts
Posted on 1/3/12 at 8:30 am to
My reloading thread just became a gold alternative investment opportunity.

I love guns and ammo, so I can invest with confidence.
Posted by Mung
NorCal
Member since Aug 2007
9054 posts
Posted on 1/3/12 at 8:32 am to
really surpirsed we surpassed the West in percentage. I guess all those Cali hippies knock down their stats.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 1/3/12 at 8:33 am to
It's why obama was awarded gun salesman of the year right after his election.
Posted by jeffsdad
Member since Mar 2007
21409 posts
Posted on 1/3/12 at 8:57 am to
Posted by wiltznucs
Apollo Beach, FL
Member since Sep 2005
8963 posts
Posted on 1/3/12 at 9:17 am to
Interesting article, I sure hope people don't honestly believe that firearms are an investment option. Outside of very high dollar collectors pieces (no, not a Winchester 94 with a picture of John Wayne on it purchased from the Franklin Mint or a DU auction gun) its been proven that firearms don't keep up with the rate of inflation and do lose value.

I wish they went into more details as to what kind of guns were being purchased. The sales were pretty flat until 2004 when the assault weapon ban expired. One can only assume that the upswing in sales from 2004 onward was largely composed of black guns. All the more reason to not view AR's and other paramilitary guns as an investment.
This post was edited on 1/3/12 at 9:21 am
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