Posted on 02/05/2016 4:42:17 PM PST by Kaslin
Barack Obama might seem an unlikely investor in the firearms industry. But the U.S. president, a fierce advocate for gun regulation, has money in a pension fund that holds stock in gun and ammunition companies.
Although Obama's stake is minuscule, worth no more than $30, it reflects a much larger surge of investment.
The president is among millions of Americans buying into gun companies - often unwittingly - as mutual funds have increased such holdings to record levels, according to a Reuters analysis of institutional investment in firearms companies.
Since Obama was elected in 2009, mutual funds have raised their stakes to about $510 million from $30 million in the nation's two largest gun manufacturers with publicly traded shares, Smith & Wesson Corp and Sturm, Ruger & Co. That means such stocks are now common in retirement and college savings plans.
The influx has helped to boost both companies' shares by more than 750 percent during the Obama presidency; each now has a market value of about $1 billion.
(Excerpt) Read more at reuters.com ...
Gun stocks have been one of the bright spots of the Obama economy
Convicted European Felon George Soros and others like our own Zero, combine forces to cripple their ‘investments.’
They invest in gun stocks because they are hippo-quits!!!!
Just this week, I invested in a Smith and Wesson stock and the rest of the firearm that is attached to it.
How many billion rounds did HLS buy?
Id like to know everything obongo invests in, the day that he buys and the day he sells.
What Obongo invests in, he snorts.
I like investing in Ruger myself.
I’ve read that while Baraq has had few actual accomplishments, he will be honored as America’s #1 all-time gun salesman.
You said it
Correct
Why not? Scare everybody sh!tless, buy stick beforehand, when it looks your plan of toppling the country, sell and move to Dubai.
Well of course he does. When $$$$ gets in the way, everything else is pushed to the side so he can keep making $$$$$. Remember, to him it is about the green backs.
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