Now is the time to BUY!
I believe the people, myself included, who are out buying additional firearms are playing it smart, and most are not “panic buying” per se. We went down this road with Bill Clinton in 1994, so we have some experience with Democrats and guns. If Obama and the Democrats in Congress make any move, that will no doubt be very well publicized, to reinstate the Assault Weapons Ban, or impose new taxes on Ammo or restrictions on firearms, it will cause an even bigger gun purchase craze and result in gun prices going through the roof. I’d say it’s even money that the Democrats will at least attempt some new form of gun laws.
However, if no new gun laws are pursued, firearms unless they are very badly abused, are really a good store of value and the likelihood of breaking even or making a few bucks on resale in a few years is actually very good. They are a far safer investment than stocks in the short term right now.
I am betting on new gun laws, so I am stocking up. If you have money to spend, buy guns. If no new gun laws are passed, you can re-sell them in a few years at break even, if a bunch a new gun laws are passed, the God help us all.
I think guns are an investment in our future to remain as free people.
Actually, the really smart thing to do is buy a gun or guns from private individuals as the writer of the article is correct in that the ability to do this will go away fairly soon. By making a private purchase, there is no paper trail so to speak. Thereby, the feds will not be aware of this weapon. In fact, the older the gun the better. If one can purchase someone’s old gun that belonged to his grandpa that's even better as such a gun have been recorded by the feds. Reason for doing this? The elimination of private transactions of guns is just the fist step in the Big Gun Grab. During Obama’s second term he, along with his Democrat House and Senate, will pass legislation requiring registration of all firearms. How will he enforce this? Why, with his newly created Civil Home Defense Force. You don't really think this personal quasi-military force is for dealing with terrorists and illegals did you? Well, ok, if you consider gun owners to be terrorists, then guess you may be right...
Buy, buy, buy.
No panic buys here... this is a measured response to the threat of a socialist dictatorship.