Quantcast
  1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

If an AWB happens, do evilrifle owners assume that they can easily profit?

Discussion in 'Rifle Country' started by Ignition Override, Mar 4, 2009.

Thread Status:
Not open for further replies.
  1. Ignition Override

    Ignition Override Member

    Joined:
    Sep 15, 2007
    Messages:
    5,206
    Location:
    The Mid-South.
    I doubt that everybody who loses their job or has a real financial problem in the next two years will keep all of their guns, for example an 'extra' SKS, AR, AK, Mini, Cetme etc, to be quite frank. Pardon the distasteful subject, but am trying to evaluate what people are thinking.

    My question mainly concerns speculators: are they planning to double or triple etc their money, in the possible scenario of a stricter AWB, when they all offer their extra rifles for sale at about the same time? I've read poster's nutshell descriptions of the previous, and it only concerned evil features, did it not?

    Just an idle question, and there must be many unforeseeable factors in play, not just future ammo prices.
    This is sort of new to me. I seldom ever used a gun until Oct. '07 (am 53) and never read anything about the subject, except media garbage.
     
    Last edited by a moderator: Mar 4, 2009
  2. coloradokevin

    coloradokevin Member

    Joined:
    Mar 22, 2008
    Messages:
    2,630
    Well, to begin this reply I'll have to acknowledge that this is a very hypothetical issue, as none of us really know what future legislation may be thrust upon us!

    Nevertheless, some of the things you are saying do hold water, in some instances. During the 1994-2004 AWB, particularly in the mid to late 90's, I remember how expensive it was to buy an "assault weapon" in pre-ban configuration (perhaps $2,500-3,000 for some AR's, in used condition, in 1990's pricing).

    It was certainly apparent that many folks bought up rifles in the months prior to the ban, in hopes of turing a tidy profit off of those items. As such, I could certainly see that happening again!

    Of course, it is all a gamble. The big question to be answered is what a future ban (IF one ever occurred) would look like! The first ban was considered a failure by many polititions, on both sides of the fence. Another ban may not allow for the same considerations that the first one did (such as grandfathering weapons, or selling nearly identical weapons with a few cosmetic features removed).

    Again, I must reiterate that this is all speculation, as none of us really know what legislation is coming, or what it will look like when it arrives!
     
  3. U.S.SFC_RET

    U.S.SFC_RET Member

    Joined:
    Dec 5, 2005
    Messages:
    1,754
    Location:
    The Old Dominion State
    I never look to make a profit. I wanted to ability to purchase an AR.

    I think that holds true for the majority of us. As always there are those who will want to profit.
     
  4. Bill2e

    Bill2e Member

    Joined:
    Nov 29, 2007
    Messages:
    642
    Anyone who bought a gun on the hopes of profiting later buy a gun ban is just as bad as an Anti to me.

    They would actually need to have a ban to profit and that makes me sick!

    Hope for a gun ban so you can profit make you just as bad a Sara Brady herself.

    I have bouhgt things just in case and I hope they all go down in value and are plentifull for years to come for me an fute generations to enjoy.
     
  5. geojap

    geojap Member

    Joined:
    Dec 26, 2002
    Messages:
    787
    Location:
    Austin, TX
    Knowing the gun grabbers, I would prepare for the worst. Now is their opportunity.

    I have never bought anything speculatively in excess to resell later, however. Everything I own is for personal use, and I always make sure I have what I need.

    To be honest, I would really be worried about the future, when the current generation of children, who are being taught to fear firearms in the public schools, are old enough to vote. The government and liberal academics have tried to brainwash them that firearms are unsafe. That is when an AWB will pass with ease.
     
  6. moooose102

    moooose102 Member

    Joined:
    Oct 21, 2007
    Messages:
    3,024
    Location:
    West Michigan
    i would think that many are "banking" on it!
     
  7. Zach S

    Zach S Member

    Joined:
    Jun 30, 2003
    Messages:
    5,523
    Location:
    Western NC
    I'll work a crappy payin full time job and a part time job as well before I go to selling guns. I have a few I might part with, but the EBRs are hear to stay.

    Yes, crappy paying full time jobs are out there. A lot of folks wont work them though. Going from $18 an hour to $9 an hour is tough, and an unemployment check isn't going to be much less than that $9/hour paycheck, so I cant bitch too much about them sittin at home and gettin paid.

    But to be honest, if I could afford it, I'd buy every AR I saw, just so I could flip them like they used to do in real estate.

    I dont think that many people bought EBRs in hopes of a ban so they could turn some coin, I think they bought knowing a ban was coming, and decided to use that to turn some coin. IMO its no different than investing in a promising company that's just starting up.

    As for me, I'm a hoarder. I didnt try to dump any of my pre-ban stuff before the last ban expired. Some of it got traded with the gun it went with (at a loss), but I still have (and use) most of it.
     
  8. Dr. Tad Hussein Winslow

    Dr. Tad Hussein Winslow member

    Joined:
    Nov 14, 2007
    Messages:
    13,146
    The answer is yes, many of them do plan to profit, after kicking themselves for not buying up mags and EBRs before 1994.

    But there are also many who just want to buy to keep for themselves.

    They'll come out smelling like a rose in the event of a "ban", UNLESS the ban includes a ban on transfers.
     
  9. Atticum

    Atticum Member

    Joined:
    Jan 30, 2009
    Messages:
    139
    Location:
    Nashville
    Hell its your money, I see nothing wrong with taking advantage of a situation. No bodily harm inflicted, just putting bread on the table.

    That said I am not in a position to do this, and I would encourage others to disregard exploiting a theoretical second AWB and pursue the far more important tasks of paying debts paid and stockpiling physical cash. If those two things arent a problem then hey - buy some ARs and go for it.

    But be pessimistic. We are on what? The third attempt to keep citigroup afloat? The government is pulling every trick out of the hat they have trying to stop a global economic collapse. And the economy is still hemmoraging. We should all be doing some amount of preparation in case those efforts fail, and thats preparation of the cash under the mattress kind, not the black rifle, bomb shelter, "aint no law man gonna take my land" kind.
     
  10. ArmedBear

    ArmedBear Member

    Joined:
    Sep 8, 2005
    Messages:
    23,171
    I have never bought any firearm with the intent to resell it.

    I've sold some, but that was because I tried 'em and didn't like 'em.:)
     
  11. Bill2e

    Bill2e Member

    Joined:
    Nov 29, 2007
    Messages:
    642
    I see alot wrong with hoarding supplies in hope that a ban will make them more valuable in the future. I see nothing wrong with buying up AR's & Ammo to make sure you have it (that is a different story)

    However, buying with the intentions to profit after a speculated ban is BS! I hope like hell all those people get burned financially.

    All they have done is drove the prices up on the rest of us & if there speculation comes true it means we have lost the battle and our children will not enjoy the same freedoms we have today.

    Any gun owner buying soley to resell is as bad an anti IMHO.
     
  12. erict

    erict Member

    Joined:
    Sep 15, 2005
    Messages:
    410
    Location:
    Clarksville, TN
    I tend to hoard stuff. I do trade stuff alot but I rarely sell stuff because I hate to see the quantity of my things drop.

    Hypothetically...... if a ban were to come and I were out of a job and had to sell a few toys off I would sell at the current market value because that's just the way it is.

    I don't like someone that just buys things with the sole purpose of profiting but if they want to do that it's their business. I'm not going to tell anyone what they can and can't do with their money and I'm not going to be upset if someone has more money than me to do it either.
     
  13. deanadell

    deanadell Member

    Joined:
    Jan 20, 2008
    Messages:
    29
    It amazes me that some folks that are so pro-gun are at the same time so anti-capitalist
     
  14. Bill2e

    Bill2e Member

    Joined:
    Nov 29, 2007
    Messages:
    642
    Well I think we all would do what we have to do to keep our family fed. I'm not try to tell anyone what to do. I love capitalism, I just hope people are not buying & hoping for a gun ban so they could profit.

    I would be quite happy if the 33round Glock 17 mag that I paid $40 for were plentiful and selling for $20.00 next year (then i could buy more)
     
  15. Matrix187

    Matrix187 Member

    Joined:
    Nov 7, 2008
    Messages:
    529
    I want the ability to buy a new big bad black rifle in the next 3-4 years. Don't care about profit.
     
  16. Atticum

    Atticum Member

    Joined:
    Jan 30, 2009
    Messages:
    139
    Location:
    Nashville
    Bill2e-

    Those who would do this are just like any other entrepreneur who opens a store and sells items that they buy wholesale. The store did not make the product, but they had the opportunity to purchase them at a price which they felt they could make profit on.

    The possibility of a ban makes this more opportunistic. Opportunistic in that there is the possibility of a large enough profit to make it potentially worthwhile for the individual to add himself as a middleman and use the store as his wholesaler. This is gambling.

    If you choose to play the part of consumer instead of supplier, you have several options. 1) Buy now, at inflated prices 2) AWB2 happens - Buy later at superinflated prices 3) No AWB2 - Buy later at similar or reduced prices. If you choose to stockpile now you are making that same bet that the guy who is buying for resale is.

    If you look at the housing market as an example, its like buying a house in CA in 2005. You would be buying at the higest prices in history, in the most competitive market we've ever seen. You have to compete with all the house flippers and pay premiums.

    If you buy now, and all the "flippers" buy now, and the bubble bursts (no awb) - you all lose.

    But I dont think there is any moral decision when it comes to gun purchases and I don't think there is one for home purchases either. Especially for the individual. But there are smart decisions. Perhaps it not fair play for the actual gun retailer to jack up prices 500%, but if people are willing to pay that then it is hard to blame the retailer. The concept of "Just Price" was refuted in in the 14th century.

    This is in contrast to food hoarding and similar need-based goods. There are people who buy massive amounts of rice and stockpile it. In the event of a famine, I would consider it extremely immoral for them to sell the rice at superinflated prices.

    But we dont need guns and ammo to live.

    Wait. What? :uhoh:

    ...damn, you might be right.
     
    Last edited: Mar 4, 2009
  17. Acera

    Acera Member

    Joined:
    May 26, 2007
    Messages:
    3,123
    Location:
    Free State of Texas
    I could easily sell my DPMS lowers I purchased for $75 last year if I wanted to make a profit. Profit is not a bad thing, it is what drives a capitalistic society.

    I have no problem sharing my love of semi-automatic rifles with others, if I end of making a dollar or two, whey the issue. I don't like selling anything for a loss, so don't expect me to.

    I hope for the best, but prepare for the worst.
     
  18. dbyrne

    dbyrne Member

    Joined:
    Feb 20, 2009
    Messages:
    11
    Even if you buy a gun solely for resale, that doesn't mean you are "hoping" for a ban. It could be considered a hedge. The ban goes through: at least you make a profit. The ban doesn't go through: maybe you lose some money but you are happy.
     
  19. Atticum

    Atticum Member

    Joined:
    Jan 30, 2009
    Messages:
    139
    Location:
    Nashville
    dbyrne is dead on.
     
  20. Funderb

    Funderb Member

    Joined:
    Oct 23, 2007
    Messages:
    2,104
    Location:
    Jacksonville, Bold new city of the south.
    if an AWB passes, how are these EBR owners going to make profit?
    They more than likely wouldn't be able to give or sell these things to anyone, and they'd be stuck with the same ol boring plastic guns..

    except if they own aks of any variety....

    :neener:
     
  21. 3pairs12

    3pairs12 Member

    Joined:
    Nov 20, 2007
    Messages:
    1,639
    Location:
    Texas
    You know the sad truth is that some out there are hoping for a ban. I have nothing wrong with making a dollar or buying something solely to sell. It is when somebody buys something hoping for a ban thats where I draw the line.
     
  22. Bill2e

    Bill2e Member

    Joined:
    Nov 29, 2007
    Messages:
    642
    Damn computer crashed after typing a long winded response, so here we go again:

    I imagine this quote was aimed at me, First and foremost in no way am I against capitalism. Everyone has the right to do what they chose with their money.

    I don’t care if you buy 10 AR’s just in case. Good for you, I wish I could.

    I think buying them hope for a ban to double or triple your money is wrong. If people do this I hope they lose money when they have to sell them because there is no ban.

    Like I said, I am all for capitalism and if a hurricane hit Florida and someone who lives in North Carolina decides to load up a Uhaul truck with generators at their expense, drive them to Florida and sell at a profit. I say great and thank you. You have provided me with a product that I need, but could not find elsewhere and you should be rewarded for your efforts.

    On the other hand if that same person buys 10 AR’s @ $1000 each and IS HOPING FOR A GUN BAN so that they can sell for 2K each I hope they lose money. I find that type of thinking to be short sighted and wrong.

    Sure they would make 10K in the short term, but lose freedoms that country was built one. That is much different than a gun shop buying all the AK’s they can and selling them today. I understand demand will make prices go up. No problem. People have choices they can buy or not buy.

    To root for a ban just so one can profit is not capitalism. It is anti-gun & unethical.

    I hope I have illustrated the point I am trying to make.
     
  23. SHvar

    SHvar Member

    Joined:
    Oct 14, 2008
    Messages:
    648
    Im sure there have been tens of thousands bought under the premise to make a profit at the expense of an AWB already, and it will go on.
    Just look at the numbers of people who buy loads of popular items, leave them in the original packages, and sell them years later on ebay or craigslist.
    Id say a big number of the newest toys that cause stampedes at stores are bought under the idea to profit later on.
    The type of person which would do this to profit from an AWB would be the last person I would ever buy from, the lowest scum out there, the neighbor who shakes your hand and sticks a knife in your back with the other.
    They are called parasites.
     
  24. Atticum

    Atticum Member

    Joined:
    Jan 30, 2009
    Messages:
    139
    Location:
    Nashville
    Bill I think I understand you now. Agreed. Gun owners that actively hope for a ban so they can make a profit are awful. Its 4 steps backwards in the fight for 2nd amendment rights.

    SHvar I hope thats not the case with inflated AR prices right now. I'd like to think the majority of the increased demand are people who woke up one morning, slapped themselves in the face, and said, "if I ever want one of these now seems like the time to get going."

    I encourage you to consider dbyrne's post. Buying an AR as a hedge against the ban is not an ethical standpoint.
     
  25. CoRoMo

    CoRoMo Member

    Joined:
    Sep 21, 2007
    Messages:
    8,940
    Location:
    Californicated Colorado
    Yes. I'm sure I could, but I wouldn't sell a single gun if at all possible.
     
Thread Status:
Not open for further replies.

Share This Page