Forget gold, buy gun (stocks)

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Benko
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Joined: Tue Sep 27, 2011 9:40 am

Forget gold, buy gun (stocks)

Post by Benko »

One advantage of the democrats in power:

"While the White House and Senate Democrats hammered guns and gun rights during 2013, investors put their money into gun company stocks and garnered "incredible returns."
According to The Wall Street Journal's Market Watch, "those who bought [stock in] Smith & Wesson in the aftermath of [the heinous crime at Sandy Hook Elementary] have made profits of more than 60 percent."Those who bought Sturm, Ruger & Co. stock have made profits of "nearly 80 percent." ."

These investments beat "the overall stock market by more than two-to-one."...

http://www.breitbart.com/Big-Government ... d-Buy-Guns
It was good being the party of Robin Hood. Until they morphed into the Sheriff of Nottingham
Kshartle
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Re: Forget gold, buy gun (stocks)

Post by Kshartle »

I look at firearm prices at least weekly because I'm a modest collector. The prices have fallen quite dramtically, to near pre-Sandy Hook prices recently.

Evidently the price signals sent to suppliers by people buying in panic (myself included) caused them to overproduce.

Ammo has gone down significantly, at least for the cheap garbage I shoot.

I wonder if the slew of orders the manufacturors have seen and the high margins will start to dry up.
TrevorShrade
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Re: Forget gold, buy gun (stocks)

Post by TrevorShrade »

I remember TripleB talking about this a year ago.  I hope he didn't sell.

http://gyroscopicinvesting.com/forum/va ... ster-ammo/

Anyone heard from him lately?  I always enjoyed reading his posts.
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