Monday, May 28, 2012

Gun Panic

Stories of shortages and rising prices are all over. The price of primers is again creeping up. People I know who are in the gun business tell me this happens just beforte every presidential election no matter who is favored to win. From the Casper Trib:
Arms manufacturer Ruger announced on March 22 that the company is temporarily suspending new orders for guns because it has a backlog of more than one million orders, FoxNews.com reported.
Another manufacturer, Sturm, also suspended new orders after receiving orders for more than one million guns in the first three months of the year, according to the report.

You'd think that in Casper, the journalism majors there would recognize the name of Sturm Ruger & Co.

I am informed by my highly reliable sources that the prices of guns and components will creep upward until about December, then drop. So buy a box of primers now at $27 and sell it at the gun show in October for $50. Just don't hold them too long and wind up selling for $23 in February.

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