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Crashing "Post-Obama Era" Gun Sales Lead To Remington Mass Layoffs
ZeroHedge.com ^ | March 14, 2017 | Tyler Durden

Posted on 03/14/2017 9:36:22 AM PDT by Perseverando

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Sales are down and so are prices. Good if you're buying, not so much if you're selling, and not so good if you're manufacturing.

Time to stock up a little more?

1 posted on 03/14/2017 9:36:22 AM PDT by Perseverando
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To: Perseverando

Time to stock up a little more?


Yep. It might be time to get that 10-22, finally. And a LOT of ammo.


2 posted on 03/14/2017 9:39:02 AM PDT by Mr. Douglas (Best. Election. EVER!)
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To: Perseverando

Unintended consequences?

Perhaps, with the sudden relative surpluses of weapons and ammunition on the market, it becomes a VERY good time to stock up your home arsenal.

Because the gun-grabbers WILL be back, next time far more determined to crush any potential for armed insurrections against THEIR rule.


3 posted on 03/14/2017 9:41:01 AM PDT by alloysteel (John Galt has chosen to take the job. This time, Atlas did NOT shrug.)
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To: Mr. Douglas

Yep, time to stock up on ammo.
Also, why does DHS need to ration the ammo for their agents? I though they bought enough for a hundred years. Their purchases made ammo expensive and hard to get for the citizens. What happened to all the ammo the gov’t bought?


4 posted on 03/14/2017 9:43:28 AM PDT by BuffaloJack ("If you're going through Hell, keep going." Winston Churchill)
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To: Perseverando

It’s like any market: buy low, sell high. Should see .22 LR and some other calibers become more available and cheaper in the coming months.


5 posted on 03/14/2017 9:43:42 AM PDT by rarestia (Repeal the 17th Amendment and ratify Article the First to give the power back to the people!)
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To: Perseverando; JohnLott

This week, there was a post about how gun sales hadn’t really decreased that much, written by Dr John Lott:

In fact, there was a large increase in gun sales immediately following the election. November had a record-setting month for FBI background checks. On Black Friday, there was a single day record of 185,713 checks. While December sales were not quite at record levels, they were still the second highest monthly total ever. January’s and February’s sales data slipped below last January’s and February’s, but they were still the second highest January and February sales on record.

Anecdotal stories right after the election suggested that people — particularly minorities — might be buying guns out of fear of a Trump presidency. The National African-American Gun Association saw a 7% increase in members just over the Thanksgiving weekend. NBC News contacted gun storeowners who reported seeing up to four times as many black and minority customers. The Liberal Gun Club says that its membership is up 10%.

There were other signs that gun control was losing popularity. . . .

http://freerepublic.com/focus/f-news/3534414/posts


6 posted on 03/14/2017 9:44:03 AM PDT by Grampa Dave ( The Revolution is not over. It will not be over until Trump is Re-Elected again in 2020!!!)
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To: Perseverando

It would also be a good time for older FReepers to buy guns, and arrange to pass them along to kids and grandkids.

That way, when the grabbers come years from now, they will not be able to know where dear departed Grandpa’s gun stash went.


7 posted on 03/14/2017 9:47:12 AM PDT by PapaBear3625 (Big government is attractive to those who think that THEY will be in control of it.)
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To: Perseverando

Remington is moving out of New York State, which has been known since last
year.

How does ZeroHedge define the word ‘flood’, when used to describe the
increase in gun sales?

Remington has attempted to produce
small frame semi-automatic pistols,
with mixed results.


8 posted on 03/14/2017 9:47:14 AM PDT by Terry L Smith
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To: Perseverando
I[n] fact, Remington Outdoor just announced layoffs of 120 people at their upstate New York manufacturing facility due to sinking gun demand in the Trump era
What, not because of Cuomo’s regulatory/confiscatory tax morass or his push for minimum wage increases? How about the libs switching from open gun buying to the black market, in order to keep the criminals supplied?
9 posted on 03/14/2017 9:49:51 AM PDT by Olog-hai
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To: Grampa Dave

Maybe Remington is doing poorly because the stuff they make isn’t the quality that it used to be?


10 posted on 03/14/2017 9:58:06 AM PDT by jospehm20
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To: jospehm20

Quality...
Yup.


11 posted on 03/14/2017 10:03:05 AM PDT by Big Red Badger (UNSCANABLE in an IDIOCRACY!)
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To: Perseverando

I saw this one coming a mile off just like every other gun owner. Speculation before the election was that if Hillary won the price of guns and ammo would sky rocket in anticipation of an onslaught of regulations and executive orders aimed at the 2nd Amendment. And when Trump won we all breathed a YUGE collective sigh of relief.

What is happening now is the result of gun owners over purchasing during the run up to the election. Gun owners were hedging their bets and buying while they could and while stock was available. I use to visit the gun store several times a week before Nov 16. Since then I’ve been to the gun store a handful of times.

I think gun and ammo sales will continue to fall for the next year and then the market will flatten out. At that point sales will probably pick up but they will not be like they were under obama,....unless we get a hillary or obama like character in 2020.


12 posted on 03/14/2017 10:03:24 AM PDT by fightin kentuckian
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To: Perseverando

Wait until the Spring/Summer “Leftist Riot Season,” interest in guns will pick back up again.


13 posted on 03/14/2017 10:09:18 AM PDT by PLMerite
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To: jospehm20; Perseverando
Maybe Remington is doing poorly because the stuff they make isn’t the quality that it used to be?

You're much too kind. Have you looked at a new Marlin lately? Remington and their parent have effectively turned that brand into the Llama of American firearms manufacturers. Pure crap compared to a few short years ago.

14 posted on 03/14/2017 10:13:14 AM PDT by paulcissa (Democrats want you unarmed so they can kill you.)
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To: Mr. Douglas

I’ve been eyeing the 10/22 takedown Lite model. Looks great. Threaded end for accessories.


15 posted on 03/14/2017 10:16:10 AM PDT by BipolarBob (I just got done celebrating Black History Month. Obama and Kaepernick are both history. Hurray!)
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I subscribe to numerous gun boards and they're even talking about gun stores ceasing operations.

Seriously? Any of this is a surprise? Anybody with even a modicum of interest in firearms could predict that with O'Scumbag leaving office and President Trump assuming control, firearms sales would plummet.

I'm seeing a tremendous surge of AR bargain prices locally. I've even seen a gun store selling the Ruger AR556 for $450. That's a huge discount compared to a few months before. I'm guessing they hedged the wrong bet for POTUS.

16 posted on 03/14/2017 10:17:18 AM PDT by LouAvul (The most High ruleth in the kingdom of men, and giveth it to whomsoever he will.)
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To: Perseverando

I bought two Remington R1 1911 pistols over the past three years. The price seems to have dropped a little, but Remington was running rebates of $75 and then $100 when I bought them. They are quality weapons, made in the USA and if you’re looking for a 1911 .45ACP type pistol they are worth checking out.


17 posted on 03/14/2017 10:25:08 AM PDT by Stevenc131
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To: jospehm20

>>Maybe Remington is doing poorly because the stuff they make isn’t the quality that it used to be?

That plus their inability to match the market demand. I know a dozen people who would love to have a 7615 but no one has ever seen one in a store in Florida.


18 posted on 03/14/2017 10:25:18 AM PDT by Bryanw92 (If we had some ham, we could have ham and eggs, if we had some eggs.)
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To: paulcissa

No, I haven’t and that is too bad. I have a Model 39A I bought in the 1970s and it is one of my favorite rifles. I have been thinking about buying a Marlin 45/70 but I guess I might look at the Henry instead. I own a model 870 Wingmaster made in the 1960s and it is a fine and beautiful shotgun. My Dad recently bought one of the new model 870s and it seems junky to me compared to the one have. I also have an old Remington 550 .22 made in the 1950s that is a fine rifle as is my 700 BDL from the 1970s. Their new stuff just does not look or feel as good to me as the older firearms they used to make.


19 posted on 03/14/2017 10:26:55 AM PDT by jospehm20
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To: Bryanw92

There is that. It seems to me that Remington got away from making a few very good rifle and shotgun models and got into making a whole bunch of lines of mediocre stuff.


20 posted on 03/14/2017 10:33:07 AM PDT by jospehm20
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