Future buyer's market for Guns?
Assuming the country is heading for a massive recession/depression, take your pick, do to you foresee a glut in the gun market as owners sell to make ends meet?
I do--I don't expect everyone to sell all their guns of course. But when push comes to shove, to pay the bills to keep a roof over your heads, I can't help but think there will be a buyer's market in the next couple of years--And I believe it will be for the most part a soft market, because very few will be able to afford to buy the great deals that will be available. However, I predict that persoanl ammo will be hung on to, and not put for sale.
Agree, disagree, or don't care?
I do--I don't expect everyone to sell all their guns of course. But when push comes to shove, to pay the bills to keep a roof over your heads, I can't help but think there will be a buyer's market in the next couple of years--And I believe it will be for the most part a soft market, because very few will be able to afford to buy the great deals that will be available. However, I predict that persoanl ammo will be hung on to, and not put for sale.
Agree, disagree, or don't care?
0
-
I see it happening already, with the housing situation. Some people, who's jobs were sent overseas or north or south etc. have been selling their possessions to make house payments, or to put food on the table. Hoping against hope, that they find a job that pays what the last one did, before they run out of possessions.
Many wait until it is too late, thus the record number of foreclosures (in some places) over the last few years.
It is not going to get any better, for a while, and I agree with you, more will be selling their possessions down the road. But there is always going to be others that will buy them. Just not at the price that the seller paid. [;)]0 -
It is happening now. You see a lot more .308 caliber semi auto rifles for sale now at very cheep prices these days. As the price of .308 went up past the $400/k from the $150/k it was for a long time. People can not afford to pay for ammo so they are dumping their guns. 0 -
Was at a gun shop Saturday and the owner said he has been getting tons of guns in for sale, mostly from laid off construction workers. 0 -
Thats why it pays to keep a stash for teh deals you may run across
thats if you dont mind making profits of other folks bad luck.0 -
But if you're financially able, I'd be buying up "assault weapons" and Hi-cap mags. There's a good chance your going to do well with that kind of investment in the coming years. I just invested in some 30 rounders for my AR. Gonna leave them in the box. 0 -
quote:Originally posted by ljwrench
But if you're financially able, I'd be buying up "assault weapons" and Hi-cap mags. There's a good chance your going to do well with that kind of investment in the coming years. I just invested in some 30 rounders for my AR. Gonna leave them in the box.
Not a bad ideal
some 30rd for the ar's and a few for the ruger 1022 [:D]0 -
I worked with a guy that sold an AR15 (I think it was a Colt) back in 1988 for $200. That was before the ban. I remember buying a RamLine 25rd mag for my 10/22 back in the late 80's for next to nothing and after the ban you couldn't find them under $40. 0 -
suffering market isnt doing it, it the cost of ammo.[:0] 0 -
Right now, i'm looking for bulk deals on MOPP suits, I know a guy with a storage unit full of the cheap Brittisch ones, (like you can get on E-bay for $10 right now) and that may not be enough.
Edit: When the Balloon goes up... weapons will not be a comodity, the men to carry them will be.0 -
There's already a glut on the local used gun market here.
Normally, where I shop there are one - maybe two Lugers at the most for sale -
yesterday there were seven - all on consignment by different sellers.
[8D]0 -
quote:Originally posted by mrseatle
Right now, i'm looking for bulk deals on MOPP suits, I know a guy with a storage unit full of the cheap Brittisch ones, (like you can get on E-bay for $10 right now) and that may not be enough.
Edit: When the Balloon goes up... weapons will not be a comodity, the men to carry them will be.
Wha? Huh? esplain yerself pleaze.0 -
quote:Originally posted by ljwrench
But if you're financially able, I'd be buying up "assault weapons" and Hi-cap mags. There's a good chance your going to do well with that kind of investment in the coming years. I just invested in some 30 rounders for my AR. Gonna leave them in the box.
If I could buy in my silly state I'd put all my 401K in to Beta C mags, HK, Glock (all shapes and calibers as long as it's high caps[:D]) and just sit on it and sell it as the Democrates run a muck. I figure the initial investment should at least triple (and perhaps the dollar would be worth a dollar by then).0 -
I would be careful in over buying things that may end up on a ban. Who knows what the next ban my bring. While it may grandfather what you have, you may not be able to legally sell it. I have nothing to back this up, just saying you never know. 0 -
I agree on not buying potential banned future stuff. Buy what you feel you would want to keep until you die and maybe a little more but if you can not legally sell it you did poorly as an investor.
Like most here, if banned I would not risk selling something illegally as my freedom is more important than gain.
There might be a surge in gun sales with current political developments. But, that would be mild and short and I too feel many will be selling their guns to forestall their financial plight.
Things will get worse and perhaps horrible before any improvement.
Pay off debt, borrow nothing, charge nothing.
Wulfmann0 -
The problem is your ASSUMPTION of a massive recession/depression.
Quit watching the liberal news channels.0 -
quote:Originally posted by Captplaid
quote:Originally posted by mrseatle
Right now, i'm looking for bulk deals on MOPP suits, I know a guy with a storage unit full of the cheap Brittisch ones, (like you can get on E-bay for $10 right now) and that may not be enough.
Edit: When the Balloon goes up... weapons will not be a comodity, the men to carry them will be.
Wha? Huh? esplain yerself pleaze.
Guns are for Killing Godless Commies, not investing[}:)]0 -
I sold a cheap (phoenix hp-22) 22 pistol last week, didn't need it and my brother needed the funds. He sold his bubba-ized Win94 and Taurus 38 too. Friend that owns a gunshop has been getting folks in wanting to outright sell more frequently so far this year... 0 -
IMHO the old farts (like me) have the most toys. It's also the group, which is passing on. So I think there will be more guns for sale just due to demographics. 0 -
quote:Originally posted by Dave W.
The problem is your ASSUMPTION of a massive recession/depression.
Quit watching the liberal news channels.
I agree. Seems there are some that just cant help it. The ones that always see gloom on the horizon.
Buy the guns you like that have a track record of gaining value. Its not rocket surgery, its speculation, just like with real estate, gold or stocks. I think the market will always be rock solid for good guns at a good price. I buy on rarity and condition. Doesnt always work out, IE right now I am speculating that ruger will not make the Gold Labels again. Since I know they made less than 4,000 guns, I would bet that any gold label shotgun you can get now for less than 3k will double in a year or two, with the added benefits of being able to use the guns and not paying any tax on the gain.0 -
As always if you buy the right stuff it will go up in price.
The problem is knowing in advance what the "right" stuff will be!
I think your best best now, seriously, is to just stockpile ammo, since it appears to be appreciating faster than guns are, and with fuel prices and copper costs probably not going to go down, the steep price increases are likely to continue for quite some time.0 -
They are alresdy doing it. I bought a HK/Fabarm Rex Lion I like new in the hard case and ALL acc for $275.
Lance0
Please sign in to leave a comment.
Comments
21 comments