How many folks are buying for profit speculation as opposed to possession before any ban?

[islandermyk]

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]

Leverage against inflation is profit or saving?

[ChunkyMonkey]

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.

[R&S]

prices are going up on gunbroker as well

[Great-Kazoo]

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

[brutal]

Leverage against inflation is profit or saving?

That's splitting hairs. It's still profit if you outpace the rate of inflation.

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[brutal]

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.

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[islandermyk]

I would never know. I never sold anything before the tragic boating accident when I lost all my guns.

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I see what you did there

[islandermyk]

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...

[brokenscout]

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