This post is not political
ABC News has a story up today called Gun Sales Booming: Doomsday, Obama or Zombies? Let’s go ahead and get this out of the way up front. No one is buying guns because they’re afraid of zombies. That doesn’t stop ABC from talking about them for a third of the article. Now, here at GunNoob we have a strict “No Politics” policy, so I’m not going get partisan here. What I will say is that what gun owners are most afraid of right now is a radical change in gun laws following the November election. These fears run the gamut from new taxes on firearms and ammunition all the way up to a total ban on firearms ownership. The result is that demand for firearms and ammunition is up, and when demand goes up, the supply goes down and the price goes up. Ruger’s supply is maxed out and they’re not accepting new orders until the end of May.
So the bottom line here is that if you’ve been thinking about buying a firearm, you should probably buy now, because it’s only going to get worse as we get closer to November. It’s going to be much worse the months immediately following November if/when a certain candidate is elected because of the popular perception that that candidate is anti-gun. After that, things may start to get better again. It took awhile after the 2008 election for prices to return to normal.
I really wish I had bought Ruger stock before Bill Ruger died.
TJ
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