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Demand for Guns, Food Stamps Indicates Uncertainty: Analyst
CNBC ^ | 10/18/10 | Michelle Lodge

Posted on 10/18/2010 11:51:38 AM PDT by Nachum

The rise in gun sales and food stamp demand are indicators of a fearful public struggling financially, Nicholas Colas, chief market strategist, ConvergEx Group, told CNBC Monday. “Oddly enough, buying a gun still holds very steady, but buying ammunition not so much,” said Colas, who analyzes trends in the economy and financial markets. In addition to firearms and food stamps, ConvergEX reviewed sales of gold and silver coins and used cars. “That tells us that there are more first-time [gun] buyers coming in to buy firearms and that speaks to your worries about security. They buy a few rounds

(Excerpt) Read more at cnbc.com ...


TOPICS: Culture/Society; News/Current Events
KEYWORDS: banglist; demand; food; guns; stamps
What? They didn't check if Bible sales were up? We're all clinging to our guns & reeeeeelijin'
1 posted on 10/18/2010 11:51:42 AM PDT by Nachum
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To: Nachum

This stuff does not concern me one bit.

By the way, does anybody know where I can buy 55 gal drums of drinking water and cases of canned goods?


2 posted on 10/18/2010 11:54:15 AM PDT by Loud Mime (It's the CONSTITUTION! www.initialpoints.net)
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To: Nachum
“Oddly enough, buying a gun still holds very steady, but buying ammunition not so much,”

That's cause we already have our stockpile of ammo, but one can always use another .45 or 12-gauge.

3 posted on 10/18/2010 11:54:26 AM PDT by grobdriver (Proud Member, Party Of No! No Socialism - No Fascism - Nobama - No Way!)
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To: Nachum

Conservative bumper sticker: you can pry my gun from my cold dead hands.

Lib bumper sticker: you can pry my food stamps from my cold dead hands.


4 posted on 10/18/2010 11:56:27 AM PDT by Opinionated Blowhard
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To: Nachum

That reminds me, I need some more 7.62 to stock up, even though I have NO GUNS in my house.


5 posted on 10/18/2010 11:59:28 AM PDT by struggle ((The struggle continues))
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To: Nachum
The guns are to protect those without food stamps from those with food stamps after they run out of food stamps.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

6 posted on 10/18/2010 12:04:41 PM PDT by The Comedian (They Live. We Sleep.)
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To: The Comedian

RE: “The guns are to protect those without food stamps from those with food stamps after they run out of food stamps.”

****************************

Perfectly stated!!! Thanks for that -—


7 posted on 10/18/2010 12:07:03 PM PDT by CaliforniaCon
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To: Nachum

We be better served to worry about all those assault weapons that were bought by the obama administration in the name of the IRS, before we start looking at guns bought by law-abiding citizens....


8 posted on 10/18/2010 12:07:27 PM PDT by FrankR (You are only obligated to obama to the extent you accept his handouts.)
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To: The Comedian

Stocking up for the day when the government checks stop.

ought to be interesting times.


9 posted on 10/18/2010 12:10:12 PM PDT by Texas resident (Outlaw fisherman)
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To: Nachum

It reflects FAILURE, not uncertainty.

Like all this business about “uncertainty” holding back a recovery. B.S. What’s holding back a recovery is full on frontal ECONOMIC DESTRUCTION.


10 posted on 10/18/2010 12:10:37 PM PDT by Uncle Miltie (Stimulus. 0bamaCare. Cap and Tax. 9/11 Victory Mosque. TARP. Amnesty. Summer of Recovery.)
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To: The Comedian

DING DING DING, bingo on that statement.


11 posted on 10/18/2010 12:14:20 PM PDT by LoneStarGI (Vegetarian: Old Indian word for "BAD HUNTER.")
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To: struggle

Oddly enough, I bought some 7.62 this last weekend. It was made by Remington in the USA. Of course, it’s just for conservation since I have no guns after the unfortunate boating accident....


12 posted on 10/18/2010 12:19:31 PM PDT by alarm rider (The left will always tell you who they fear the most. What are they telling you now?)
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To: The Comedian

Exactly. Within a week of when the checks stop arriving or the EBT cards don’t refill, every city will be Florence and Normandie, LA, 1992.


13 posted on 10/18/2010 12:19:34 PM PDT by spodefly (This is my tag line. There are many like it, but this one is mine.)
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To: Texas resident

The checks won’t stop. They just won’t be worth anything....


14 posted on 10/18/2010 12:20:07 PM PDT by Kozak (USA 7/4/1776 to 1/20/2009 Reqiescat in Pace)
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To: The Comedian

I’ve always been more worried about mobs of hungry moochers than the govt. Fact is, the US govt only has enough forces to hold a few medium sized population centers. Us here in flyover country are going to be on our own.

Should be pretty easy to close I-15 at the Utah/Arizona border and keep the hordes from L.A. out. I-80 from Cal is more open but there’s not much cover so it could be interdicted without a lot of trouble. There are plenty of places with high ground and good fields of fire along I-80 in Nevada.


15 posted on 10/18/2010 12:23:43 PM PDT by Seruzawa (If you agree with the French raise your hand - If you are French raise both hands.)
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To: Loud Mime
...does anybody know where I can buy 55 gal drums of drinking water...

Go to an outdoors store like REI or Dick's Sporting Goods and buy a backpacking water purifier. They have several models with little hand pumps and the filters are good for several hundred gallons. Wouldn't hurt to buy an emergency bottle of the drops as well.

16 posted on 10/18/2010 12:26:33 PM PDT by Pan_Yan
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To: Loud Mime

for those interested you can download my Preparedness Manual at:

http://www.mediafire.com/?ars5bsi2p6foery


17 posted on 10/18/2010 12:31:16 PM PDT by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: Loud Mime

uh... just buy the 55 gallon drums, configure them inline with your downspouts, and buy some “dichlor” pool shock.

For the canned goods, Costco.com.


18 posted on 10/18/2010 12:33:28 PM PDT by MrB (The difference between a (de)humanist and a Satanist is that the latter knows who he's working for.)
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To: Kozak

Old Soviet joke—
“We pretend to work and they pretend to pay us!”


19 posted on 10/18/2010 12:34:12 PM PDT by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: MrB

I scored 5 drums used for $10 each. Previously held peppers from the McIlhenny Company, Avery Island, LA. LOL. (aka the Tabasco Co.)


20 posted on 10/18/2010 12:42:07 PM PDT by rickb308 (Nothing good ever came from someone yelling "Allah Snackbar")
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To: Nachum; All
Demand for Guns, Food Stamps Indicates Uncertainty: Analyst

Where can I sign up to get a job stating the bleeding obvious?
21 posted on 10/18/2010 12:44:20 PM PDT by Red in Blue PA (Planning on using 911? Google "Brittany Zimmerman")
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To: Seruzawa

Please do not spread that around. I want my bunkers to stay safe. Do not forget about Hwy 89 in your plans.


22 posted on 10/18/2010 12:48:14 PM PDT by mad_as_he$$ (Playing by the rules only works if both sides do it!)
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To: Loud Mime

http://beprepared.com

http://www.thereadystore.com/

#10 cans are expensive but have a shelf of 25 to 30 years, versus 5 to 10 for MRE’s.


23 posted on 10/18/2010 12:51:09 PM PDT by Red in Blue PA (Planning on using 911? Google "Brittany Zimmerman")
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To: rickb308

It is not recommended that you use drums that contained pickles, peppers, garlic, salsa, onions, etc... :)


24 posted on 10/18/2010 1:02:58 PM PDT by MrB (The difference between a (de)humanist and a Satanist is that the latter knows who he's working for.)
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To: MrB

The ones I got before they were washed away in a flood came off craigslist from a winery.


25 posted on 10/18/2010 1:15:10 PM PDT by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: Nachum
The author doesn't seem to have a clue about the Obama Panic of 2009. A classic example of correlation without causation. Sort of like observing that fat folks mostly drink diet soda, while the thin people mostly drink sugared soda. Therefore, by his reasoning, diet pop causes obesity!
26 posted on 10/18/2010 1:36:33 PM PDT by Buffalo Head (Illigitimi non carborundum)
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To: Seruzawa
Should be pretty easy to close I-15 at the Utah/Arizona border and keep the hordes from L.A. out.

First thing I ever did as a "survivalist" (what is now called a "prepper", or what used to be called an "American"), was to identify all the bridges between population centers and me.

Nourish the inner sapper.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

27 posted on 10/18/2010 1:38:41 PM PDT by The Comedian (They Live. We Sleep.)
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To: The Comedian
The guns are to protect those without food stamps from those with food stamps after they run out of food stamps.

bump

28 posted on 10/18/2010 1:46:23 PM PDT by Teacher317 (remember dismember November)
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To: Kartographer

Ah, yes! My kinda wine, aged in 55-gal steel drums. :)


29 posted on 10/18/2010 2:07:44 PM PDT by Don Carlos (Don't tell mom I'm running for congress. She thinks I still play piano in a whorehouse.)
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To: mad_as_he$$

89 is pretty far out of the way. They’d have to cut east after St George. I-15 would be blown in the Virgin River Pass long before St George. So 89 should be fairly safe. There probably won’t be many moochers coming from the east to 89 because they’d have to make it through most of Arizona. I think the worst worry would be I-80 from Than Franthithco.

If you look at the maps you can see that even in our modern age that Utah is fairly isolated. Lots of land but not many highways in and out. And those highways mostly pass through canyons. The most moochers would come from the west and southwest.

This all just conjecture in fun, of course.


30 posted on 10/18/2010 2:07:52 PM PDT by Seruzawa (If you agree with the French raise your hand - If you are French raise both hands.)
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To: The Comedian

bttt


31 posted on 10/18/2010 2:28:36 PM PDT by Liberty Valance (Keep a simple manner for a happy life :o)
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To: Don Carlos

Plastic and I am sure they didn’t age the wine in them. ;-)


32 posted on 10/18/2010 2:50:54 PM PDT by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: Red in Blue PA

I also liked other sites like that.

Including: http://www.preparewise.com/ and http://www.buyemergencyfoods.com/shop/index.php/food-storage/emergency-food-storage.html

Those were really helpful as well.


33 posted on 05/07/2012 12:11:18 PM PDT by h97floor (Helpful food storage sites.)
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