We have lost our collective minds

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It's just how people are. We perceive a panic so we stock up as much as possible. Then the hoarders play on those that felt the panic late. It is capitalism. But I agree, it's a little crazy.

The day of Sandy Hook a friend of my fathers bought 10 AR's for about $700 each. A month later he sold all ten for no less than $1800. It was a smart move financially.

And btw, I just bought 375 rds of CCI 22lr at Academy. They had 14 boxes when I got there.
 
People ARE spending that much on ammo.
Watched some CCI mini-mags go for $27 a box last night on Gunbroker,
I looked over at my shelf-full and thought about it for a minute,
 
The day of Sandy Hook a friend of my fathers bought 10 AR's for about $700 each. A month later he sold all ten for no less than $1800. It was a smart move financially

Well I am keeping mine, and I will probably cry about it later.

Still, they are NM Bushmaster's and NM Rock Rivers and bubba wants Mil Spec.
 
I don't check Gunbroker anymore. I checked firearms and ammo and decided I needed an armed guard 24/7 to keep ME out of the safes. It's getting to be a tough decision to sell or hold. I am trying to hold and if I don't check prices maybe I can.
 
I've been on another little buying spree this month, picking up old scraps of C & R stuff that have fallen thru the cracks of people concentrating on the yet-2-b-banned guns. To whit, I bought a hundred year old AJ Aubrey nickle plated revolver in .32 S&W, another hundred year old H & A nickler revolver in .22, an even older Falls Arms single shot 12 gauge Nitro Special and a pre WWII Mossberg M51 rifle-----and paid less than four bills for all them, including shipping. None of them are really collectors items or super classics, but I really just enjoy collecting the oddball olde stuff that's fun to look at and that I can shoot whenever I want......
 
I got in an argument the other day with a guy talking about "real world" prices he's seen on Gunbroker. Research showed that the items actually SOLD were going for much less than the gouger items that were getting no bids. It was humorous.
 
The day of Sandy Hook a friend of my fathers bought 10 AR's for about $700 each. A month later he sold all ten for no less than $1800. It was a smart move financially.

I'm not an expert, but I was always under the impression that buying guns in quantity for the explicit purpose of turning a quick profit was against the law for anyone who does not have an FFL. I know the line is a little fuzzy, but it would seem that the more guns you flip for profit, the easier it would become for the BATF to say you're conducting business without an FFL.
 
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