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  • Silly Quote of the Day

    Posted by Dan from Madison on April 18th, 2009 (All posts by )

    No one knows exactly what is behind the gun-buying craze.

    From this article on why your guns and ammo are harder to find and more expensive.

     

    7 Responses to “Silly Quote of the Day”

    1. Carl from Chicago Says:

      Going to that pistol training Monday. You can’t find 9mm ammo ANYWHERE. I had to buy it from the trainers at $270 for 1000 rounds. Ouch.

    2. Dan from Madison Says:

      13.50 per box of 50 isn’t the worst price I have seen, but it isn’t like the good ol’ days of six months ago for $9.

    3. Jonathan Says:

      Bubba Sanders, owner of Bullseye Supply LLC, in Brandon, Miss., said he has “a number of doctor clients whose financial advisers have told them to invest in ammunition. Beats the hell out of money markets and CDs. You can double your investment in ammunition in a year.”

      Hmm… where have I heard this kind of anecdote before?

    4. Dan from Madison Says:

      Ha – but there is some risk in that type of investment too – the gun control noise is pretty minimal at this point, and there are a handful Dem Senators that would more than likely lose their jobs imo if they voted for some sort of awb 2. No reason to think it still won’t happen, though.

      Then again, if you are a shooter and have a couple of skids of your calibers laying around, it is all good anyway. Sort of like the Sol Vason painting and wine strategy.

    5. Carl from Chicago Says:

      I take all my investment advice from guys named “Bubba”

    6. Dan from Madison Says:

      “Bubba” more than likely did far better running his ammo shop last year than any investment advisors.

    7. Jonathan Says:

      Ha – but there is some risk in that type of investment too…

      That’s my point. When you hear that naive investors are getting in on a trend, that trend is probably nearly over. What happens to ammo demand, and prices, when everyone who wanted to buy has bought a lifetime supply?