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Gun buying panic = psuedo gun ban?

Discussion in 'General Gun Discussions' started by leadcounsel, Mar 6, 2009.

  1. leadcounsel

    leadcounsel member

    Interesting thought this morning... we've seen the shortages and insane prices for guns lately.

    Does the gun buying panic (up an estimated 50% since Obama announced his bid for POTUS, and up dramatically since the election) create shortages and effectively remove many guns from the reach of the common gun buying public? I suspect that much of the buying is done by collectors, those that already own guns and ammo, and those that are banking on making a profit if there is a ban or based on a scare of a ban.

    If you were mildly interested in buying an EBR prior to the election but never pulled the trigger, you may not be able to afford them or ammunition now that these have nearly doubled in price.

    This may keep many guns (particularly EBRs) out of the hands of new or would-be owners.

    If this is the case, I wonder if it's an unintended consequence of the administrations slips of the tongue, or intentional.
  2. markfh

    markfh Well-Known Member

    Doubt it. I bought a Bushmaster last month at about 100.00 more than the one I bought from them 3 years ago. Yes, there are folks out there that are gouging but there are plenty of guns available at reasonable prices.

    Saw a DPMS M4 at Gander Mountain for under 1k and a M1A1 for under 800 on Tuesday at 5:00. Both were gone when a friend of mine went there Wednesday morning at 10:00.

    Generally speaking prices normally go up, not down.

    Ammo has been going up in price for years and according to Remington they're cranking out 24/7.
  3. sernv99

    sernv99 Well-Known Member

    doesn't make sense to buy a EBR now if ammo prices are going up, unless you plan to shoot your ammo only during some sort of "insurgency", civil war or what other fantasy scenarios the conspiracy theorists like to dream about. For the weekend shooter, I don't see it as being cost effective to own one. And I think as long as Obama Mama is in office, EBR ammo at a reasonable cost, pre-O, will be hard to come by especially AK ammo.
  4. Duke of Doubt

    Duke of Doubt member

    Nah; as of today, 1 in 8 American homes are in foreclosure or delinquent. Far more than 1 in 8 Americans own guns. Soon those silly little Saigas will be back to being $300 guns, and Wolf will be $4 a box again.
  5. MatthewVanitas

    MatthewVanitas Well-Known Member

    I'd say intentional would be extremely unlikely. Just because guns are a hot political issue for us doesn't mean that it's the #1 issue for more than a handful of folks in DC.

    The panic at this point is based purely on Obama/Biden/Holder's track records, and one official statement by Holder that basically nobody else backed.

    The current administration didn't really "do" anything to cause the panic, aside from Holder's statement which was months after the panic was in full swing.

    I very much doubt that the administration is trying to cause a panic, and I'd bet that those anti-gunners in the administration are quite displeased that EBR sales are up so sharply.

    Though I'm definitely better AR stripped receivers will be back to $100-150 by the end of the year, I wouldn't be so sure on Saigas. We have limited channels bringing Saigas into the country, so it'd be far easier for those few (one?) importer/producer to say "hey, you retailers can sell Saigas just fine for $550, so wholesale is now $400 since I want to get my cut."

    Likewise, I don't expect a new AWB to pass, but tighter import controls are much easier to achieve. I'd say Wolf ammo and Saigas have a far more uncertain future than AR-15s, which are made by dozens of competing manufacturers and are entirely domestic.
  6. damien

    damien Well-Known Member

    More guns getting sold = Gun ban?

  7. I wonder if the gun rush turned into a sort of a massive stocking up for a post ban or other instrument that will drive pricing profitable.

    If so many americans cannot keep homes, how are they expected to maintain thier guns?

    Trip after trip into gun shops see ammo rise and fall like the tide.

    I was confronted with 5 pages of out of stock at Cabelas online the other day. So much for ammunition for that day.

    Makes me wonder if the Manufactors of Ammuntion/Guns are having a good ride on the present Market and if so under what symbols? Same with dealers of large chain type stores and smaller dealers and suppliers?

    Several people have indicated they bought not one, not two but maybe 6 or more weapons of a type. Is there a family large enough and old enough to shoot all of these guns?

    With that in mind, is the gun rush a simple imaginary dream as one might have when so many apparently are having to choose between food, gas or medicine?

    Or worse, are these people buying guns on credit cards because they feel the ... fear or sort of aura of "Stampede fever" as might infect a herd when a small number does get up and run?

    You think all guns will be involved in this kind of rush by the USA. But all I see are very small groups of very good weapons almost to the exclusion of all others considered junk or not worth wasting money on.

    Finally but not last, why is it that we can replace a gunshop full of new handguns in a week's time but cannot keep sufficient ammuntion on hand at the same store for more than a week.

    Surely these store managers KNOW they need to double, triple the order to meet the demands. One pallet of boom at walmart store isnt gonna cut it when it's all bought out before it hits the shelf.
  8. mbt2001

    mbt2001 Well-Known Member

    I don't follow the logic either...

    I do agree that this is much like a Hurricane Katrina hitting and there being bare shelves for toilet paper, water and other goods. I think most of the people on this board had some ammo stocks that insulated us... But the average Joe most likely ran out to buy whatever at whatever price further intensifying the shortages.
  9. larry_minn

    larry_minn Well-Known Member

    I got to a larger town/sportamans warehouse last week. People came in "I want to buy a AR" were first words out of their mouth. The guy behind counter "we don't have any, have waiting list for what we expect next week"
    They buy ammo for 4x what I paid yr ago. They look at other guns that they might have on hand. (IMO overpriced) but as they are selling I guess they are not.
    I do plan to keep my options open to buy some LNIB guns this summer.
  10. LightningJoe

    LightningJoe Well-Known Member

    Absolutely not. We should all be thankful people are buying. I think a lot of these are first-time buyers. They're effectively buying the guns they should have bought a long time ago. Better late than never. When they wait so long and then all try to buy at the same time, it causes a bottle-neck. But it's still a good thing.
  11. benEzra

    benEzra Moderator Emeritus

    Even at today's prices, 7.62x39mm is still more economical to shoot than pretty much any other centerfire rifle caliber, except perhaps 5.45x39mm (which also happens to be an EBR caliber). Priced .30-30, .270, .308, or .30-06 lately?
    Last edited: Mar 6, 2009
  12. leadcounsel

    leadcounsel member

    To clarify, the panic has created a hoarding effect where people 'in the know' started buying over the last 14 months. Those that didn't know or consider, waited. And now due to hoarding it's hard to find reasonable prices on some key items.

    Sure, there are guns available. Even some at reasonable prices. But I've been to several post-election gun shows and the prices are insane! Dealer pricing is more in-line and reasonable if they have it in stock. Lower parts kits anyone?

    And YES, all this buying is GREAT for our 2nd Amendment cause. But concerning that there is so little inventory that it can all be snapped up relatively quickly.
  13. sernv99

    sernv99 Well-Known Member

    I found .223 to be the cheapest of the EBR calibers, mostly Wolf stuff. Occasionally I'll see brass cased .308 mil surplus spring up here and there but 7.62x39, forget about it. It's overpriced from what I have been seeing and it's hard to come by to boot.
  14. mbt2001

    mbt2001 Well-Known Member

    7.62x39 has been going for $400 per thousand round recently... 12 months ago, 223 was going for about that price per thousand rounds (now it is higher)... I don't understand why 223 rounds are fine to have, but 7.62x39 are "not worth it".

    30-30 is dang near $2.00 per round and people by the crap out of it, have been for years.
  15. chris in va

    chris in va Well-Known Member

    I agree, looks like we're bringing a 'gun ban' of our own volition. Heck my Saiga cost less than $300 two years ago...not anymore.

    Here's the Olin stock quotes (maker of WWB). Looks like they're losing value quite a bit lately.

  16. CoRoMo

    CoRoMo Well-Known Member

    Nope. They are all well within our reach. I have not failed to find any of the particular items that are on my list. I bought a gun a within the last couple weeks that I thought would take six months to find. It was at pre-election prices because this particular shop didn't care to spike the price and would rather prefer to let them fly off the shelf within a matter of days of arriving. The panic has created a different atmosphere, but is hasn't removed anything from reach. They may be a little more scarce than a year ago, they might cost more, but they are obtainable. I've seen ammo in 9mm, 45acp, .223/5.56, buckshot, etc. and I've seen tactical rifles, shotguns, hi-cap handguns, you name it. It doesn't sit on the shelves for very long nowadays, but it is definitely acquirable.
  17. damien

    damien Well-Known Member

    8mm Mauser and 7.62x54R are both more powerful and more economical ammunition. Maybe the guns aren't as much fun to shoot as an AK... OTOH, the FN-49 is a lot of fun, I have one of those.
  18. benEzra

    benEzra Moderator Emeritus

    Good point, I forgot about the old milsurp calibers.
  19. rogertc1

    rogertc1 member

    These past 3 + years I have been buying guns..lots of them. Back in 1994 I could not afford to buy guns. This time I can and I am. I just bought a Hakin ($650) and 900 rds of Yugo 8MM ($300)
    Will there be a new AWB...hummmmmmm.. Naw never happen.. the Democrats are pro-gun...

    By NRA News, 3/6/2009 8:56:26 AM
    On Wednesday, just over five weeks after Inauguration Day, Attorney General Eric Holder announced that the Obama Administration will seek to reinstate the expired federal "assault weapon" ban and impose additional restrictions.

    "As President Obama indicated during the campaign, there are just a few gun-related changes that we would like to make, and among them would be to reinstitute the ban on the sale of assault weapons," Holder said. Based on Holder's testimony during his confirmation hearings before the Senate, those other "changes" presumably include prohibiting private transfers of firearms and banning most center-fire rifle ammunition as "armor-piercing."

    Holder said that new gun control laws are needed because in Mexico, a country with a history of corruption and disregard for individual rights, there's a shooting war going on between drug gangs and government troops, and some of the gangsters' guns have been illegally purchased in the United States.
  20. WardenWolf

    WardenWolf member

    Congress has taken notice of our gun buying, though. And it's sending a very clear message to them: America does not WANT an assault weapons ban. It's a much-needed wakeup call.

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