Posted on 11/15/2019 9:22:31 AM PST by rktman
While Democrat presidential candidate after Democrat presidential candidate has pushed gun control, Americans have been filing into retailers to purchase firearms.
In fact, FBI figures for firearm purchase background checks–performed via the National Instant Criminal Background Check System (NICS)–show that October 2019 was the third consecutive month of record checks.
There were 2,366,824 checks NICS checks in August 2019, the highest number in any August since the adoption of background checks. Likewise, there were 2,207,312 in September 2019, setting a record for that month as well.
And October 2019 saw 2,393,609 background checks, for the third consecutive record month this year.
It is important to note that background checks numbers are not an exact indicator of the number of gun sales that occurred, and there are many reasons for this.
For one, a background check is done on the purchaser not the gun, and the purchaser could purchase multiple guns with each background check.
Secondly, some background checks are done for concealed carry licenses, etc., so they do not represent gun sales.
However, the recording setting rise in background checks does indicate that gun sales rose, and did so at a time when candidates like Robert “Beto” O’Rourke were saying, “Hell yes, we’re going to take your AR-15.” Which was the same time frame in which Joe Biden was pushing firearm registration, gun owner licensing, and lawsuits against gun manufacturers and Elizabeth Warren was pushing an excise tax to reduce firearm sales.
(Excerpt) Read more at breitbart.com ...
Tremendous competition in the gun market keeps margins low.
The shop I work in has been up all year, but things went up a notch after election day.
Here in Virginia the panic buying has begun.
If enough democrats are elected they’ll confiscate our guns and kill us and our children.
Yes, they’ll deny it - but last election they told their idiot supporters they would legislate and NOT spend their time trying to undo the election of a duly elected President.
Then they turned around and spent all their time going after Trump. Anyone who trusts democrats deserves the hellhole they’ll create... sadly the rest of us will be stuck living in it too.
The shop in Florida where I work has had steady sales with a bit of an increase.
Exactly none of the 80% receivers sold and later turned into functional firearms are reflected in the NICS numbers. This market has exploded in recent years, so there are more and more unregistered firearms with literally each passing day.
Defense Distributed has sold thousands of “Ghost Gunner” machines - and no one buys such a machine (at a cost of $1500+) to make just one 80% receiver into a 100% receiver.
Typical Tuesday for us would be 20-25 background checks, last Tuesday we had 103.
Costs are down.
I wouldn’t say Americans have rejected gun control considering the results of the elections in KY and VA.
Registered firearms? Does not compute. At least where I live.
Anybody unprepared to defend himself is a damned fool. Many police and sheriffs say the same thing. Also, from the government if the dictatorial D’s get into
Power again
Are you a member of the FRYC? (FreeRepublicYachtClub)
I bet that sales of large diameter PVC pipe and endcaps are way up.
Communists know what metal detectors are too. Just sayin’...
High supply + moderate demand = low prices -> low profits.
There are LOTS of gun companies, with no real innovation, making practically the same things. I don’t see anything compelling out there, nothing novel (unlike, say, the 10-round Brady mag limit leading to an explosion of the previously near-nonexistent subcompact market).
Yes demand may be up (a la aforementioned 4x sales on an arbitrary Tuesday), but not massively nor long. Some are jittery from big-talking Democrats who likely won’t win. Some are hedging bets around Trump actually being removed and the subsequent civil war. Not like past looming outright bans, nor the 95% guaranteed inauguration of President Hillary. People won’t pay $2000 for what is now a $500 AR15.
And overall the market is actually pretty small. There may be some 100,000,000 guns in citizens’ hands, but those are seriously durable goods translating to a pretty small market in new product.
As such, sales are brisk yet much pressure to keep prices low.
No doubt.
If it’s time to bury, it’s time to dig.
RED FLAG LAWS: INNOCENTS WILL DIE!
https://www.brighteon.com/75473592-13e5-45c4-85e3-73ec524d3c02
(INCLUDES LINK TO JOHN LOTT/JOHN STOSSEL FACT LINK RE. MASS SHOOTINGS!)
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