Guns/ammo in 2010


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searcher451
June 22, 2010, 03:41 PM
This was on the front page of this morning's USA TODAY:

http://i185.photobucket.com/albums/x43/searcher451/Gunsandammosales.png

$9.8 billion still seems like a lot of interest to me.

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oldbear
June 23, 2010, 02:21 PM
Interesting numbers, it appears that the panic buying is over, yet some of the more popular firearms are still scarce, and ammo can be hard to find and is still expensive. A good friend and very astute person is predicting than in 12- 18 months, there will be a glut of used but seldom shot handguns coming on the market. His reasoning all the panic buyers will realize there was no need to rush out and buy a firearm, and will soon be tired of whatever they bought.

BRad704
June 23, 2010, 03:14 PM
^ Oldbear, that's exactly when I plan on starting my collection of "used but seldom shot and New-to-me" guns... :) Plus abundant supply with diminishing demand drives prices down as well...

slowr1der
June 23, 2010, 04:14 PM
I've heard that a lot of people expect that to happy, and for there to be an over supply of used guns. Part of me hopes that's the case as it may lead to deals. The other part of me knows that I don't care too much as I'm sure I won't have money to buy any. I would like to see ammo prices come down though.

Omaha-BeenGlockin
June 23, 2010, 04:21 PM
If thats a real number---consider 2010 is only half over.

Jed Carter
June 23, 2010, 04:58 PM
Demand has and will drop as the economy slides, for those of us with more stable income it could lead to deals. Most likely will lead to more manufacturers being bought up by the larger companies and less competion in the market. It could also lead to fewer models in the line up and fewer choices. Any way you slice it the industry is under attack, politicaly and economicaly. We are buying fewer firearms, because we only have so much disposable income. If you got out the plastic to build up your arsenal, then I wish you the best of luck getting out of debt. The current administration says the economy is growing, I call it "Slowth" because it is not noticable in most of the country. Since 08 I've bought 4-5 pistols a year this year I will get 2, a SIG P238 and an STI Custom single stack 9mm. I have the SIG but have to wait maybe 3 more months (been 2 already) for the STI. The "Panic" is over but the profiteering is a long lasting by product that may last for years.

SharpsDressedMan
June 23, 2010, 05:02 PM
It will be hard for any economists and economic advisors to ignore the fact that the gun and ammo industry is showing a PROFIT, and sales are good, in our recessed and (otherwise) unpredictable economy. Where would YOU invest YOUR money?

Jed Carter
June 24, 2010, 05:55 AM
If we thought the Panic of 2008 was bad, wait till 2012 if it gets reelected. This was just a warmup for what is to come if the liberals / left makes a second term. I still see firearms as a good investment, my wife not so much, a good investment if you choose wisely.

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