View Full Version : How many folks are buying for profit speculation as opposed to possession before any ban?
Yourself or speculation of other's motives (overheard) or otherwise.
10mm-man
12-16-2012, 14:01
Yourself or speculation of other's motives (overheard) or otherwise.
Profit, pure 100% good ol' American capitalism...... Then again i am a manufacture and firearms dealer........ Flip side; Possession personally as well.
BREATHER
12-16-2012, 14:20
Whatever I do with my purchases, ain't no ones business on here. Ya never know who's listenin'...Just sayin'...
Zundfolge
12-16-2012, 14:23
I don't have any money for gun purchases right now ... and since we don't know exactly what form any new legislation (if any) will take, stocking up for either reason is risky.
That said I should probably start saving up for a boat. :p
Both. Buying for profit in the middle of a price gouge is super stupid though.
Whatever I do with my purchases, ain't no ones business on here. Ya never know who's listenin'...Just sayin'...
Thanks for adding that.
Whatever I do with my purchases, ain't no ones business on here. Ya never know who's listenin'...Just sayin'...
It's a poll, you don't have to divulge anything.
Sent from my Nexus 7 using Tapatalk 2
Great-Kazoo
12-16-2012, 15:01
Haven't needed to buy anything for some time,reloading components on the other hand.
islandermyk
12-16-2012, 15:04
Profit??? You mean you can make money off these things?
JohnnyEgo
12-16-2012, 15:05
I belong to a couple of forums for other interests, including a wood-working forum. There was an extensive discussion between three other forum members about 'investing' in high capacity magazines. One had a couple of ARs, another had one AR, and a third had no real interest in shooting, but they split a 100 mag case of PMAGs between them. One is pretty adamant that "these will be a better investment than gold" in the coming years. The fever has already worked it's way down to the casual owner.
I'm staying at a hotel in Murfreesboro, TN for work. There is a fairly large gun store right next to my hotel. I was in there last Sunday, and they were pretty well stocked. Friday evening when I got off of work, their parking lot was full to capacity, including the adjacent unpaved areas and the streets. I walked over there today at noon. It's packed to capacity, there are no AR or AK mags of any kind, most of the ammo is gone, and one customer was putting a serious amount of effort into buying one of the rental guns. I spent more time walking across the street and into the shop then I did looking around.
islandermyk
12-16-2012, 15:14
I belong to a couple of forums for other interests, including a wood-working forum. There was an extensive discussion between three other forum members about 'investing' in high capacity magazines. One had a couple of ARs, another had one AR, and a third had no real interest in shooting, but they split a 100 mag case of PMAGs between them. One is pretty adamant that "these will be a better investment than gold" in the coming years. The fever has already worked it's way down to the casual owner.
I'm staying at a hotel in Murfreesboro, TN for work. There is a fairly large gun store right next to my hotel. I was in there last Sunday, and they were pretty well stocked. Friday evening when I got off of work, their parking lot was full to capacity, including the adjacent unpaved areas and the streets. I walked over there today at noon. It's packed to capacity, there are no AR or AK mags of any kind, most of the ammo is gone, and one customer was putting a serious amount of effort into buying one of the rental guns. I spent more time walking across the street and into the shop then I did looking around.
I believe it...
... I'm really looking forward to seeing some stoopid sh*t on armslist... AK's for $2000 or some sh*t, wtf over?!
ChunkyMonkey
12-16-2012, 15:17
Leverage against inflation is profit or saving?
ChunkyMonkey
12-16-2012, 15:17
I believe it...
... I'm really looking forward to seeing some stoopid sh*t on armslist... AK's for $2000 or some sh*t, wtf over?!
Thats a funny picture you uploaded to my server! Ear to ear.
prices are going up on gunbroker as well
Great-Kazoo
12-16-2012, 15:34
Investment or not, more than a few of us can remember 20 rd COLT Marked AR mags bringing $75-100 EACH. About the only time anything marked COLT actually gave a good return investment:)
Leverage against inflation is profit or saving?
That's splitting hairs. It's still profit if you outpace the rate of inflation.
Sent from my Nexus 7 using Tapatalk 2
Profit??? You mean you can make money off these things?
I would never know. I never sold anything before the tragic boating accident when I lost all my guns.
Sent from my Nexus 7 using Tapatalk 2
islandermyk
12-16-2012, 15:52
I would never know. I never sold anything before the tragic boating accident when I lost all my guns.
Sent from my Nexus 7 using Tapatalk 2
I see what you did there [Coffee]
islandermyk
12-16-2012, 16:04
Thats a funny picture you uploaded to my server! Ear to ear.
DSB recommended me to your server...
ah yes... I do remember that one... that one was lost in a hiking trip I went on a few weeks ago up in the mountains... running away from a big ass bear... [Coffee]
brokenscout
12-16-2012, 16:10
Yep, Glock Hi cap mags for $130, AKs for $1500-2000.. THat a week before were $150, it happened quick, and everyone said it wouldn't happen
Investment or not, more than a few of us can remember 20 rd COLT Marked AR mags bringing $75-100 EACH. About the only time anything marked COLT actually gave a good return investment:)
blacklabel
12-16-2012, 16:12
If I was in a position to buy, it would be for possession.
I'll just toss this in. Another member who is wiser than me pointed this out. Lets say a person was to buy an AK today. Lets say some sort of federal law is passed making the transfer of such item illegal. That person is essentially "stuck" with the AK as it has no value if it can't be sold. Same with magazines. What if those people stockpiling magazines could never legally sell them to another individual? Might not look like such a wise investment then.
Great-Kazoo
12-16-2012, 16:52
I'll just toss this in. Another member who is wiser than me pointed this out. Lets say a person was to buy an AK today. Lets say some sort of federal law is passed making the transfer of such item illegal. That person is essentially "stuck" with the AK as it has no value if it can't be sold. Same with magazines. What if those people stockpiling magazines could never legally sell them to another individual? Might not look like such a wise investment then.
This is the reason for FTF sales WITHOUT A BOS! My date of possession vs date of Law vs date of transfer is one that will fall on the fed's to decide.
One more item, no matter what happens in the congress and gets signed by O, Expect a long court case by the surpremes. UNLESS O and the dems wait for the 'smoke" so to speak clear. Congress is back in session, rattling of sabre's regarding GC. The ace up O's sleeve. he already knows a SC judge will be retiring. O appoints one of the more liberal judges then goes to town on the 2nd after he/she is sworn in.
Profit??? You mean you can make money off these things?
I hear that. I've lost money on nearly every transaction I've done. Usually overpay for something I REALLY want, take it to the range and try carrying it for a month and decide it is less than a perfect fit for me, then see something posted that I ABSOLUTELY NEED TO HAVE and sell my overpriced item for 30% less than I paid for it (throwing in ammo I bought for it and no longer need), then pay well over blue book value for the gun I think is PERFECT.
Shit, since I moved to Denver 5 years ago, if I kept track of all the money I lost on gun deals it would probably be enough to buy a really nice used car. However, my small gun collection is absolutely PERFECT. I'm never selling any of them unless I'm out of work again. The last two times I lost my job (due to company folding) selling off my gun collection was a welcome supplement to the measly unemployment benefits you get.
sneakerd
12-16-2012, 18:10
I hear that man. I am waaaay fickle as well and often do the exact same thing.
Powered by vBulletin® Version 4.2.3 Copyright © 2025 vBulletin Solutions, Inc. All rights reserved.