Cooling of demand in firearms industry

[titsonritz]

Biden is a lame duck already and he knows it. Looking for a red tide due to overreach and disappointing results in 2022 and the winner in 2024 won't be Biden as I don't think he will be able to run. I think the Dems will run a Cankles and Cackles ticket.

He's a lame *uck alright.

 

[WEE]

Well, the demand for new firearms is not declining. Over 39 million new purchases in 2020; and 22 million from Jan 1 - June 30 in 2021. Law abiding citizens continue to buy, in part to protect themselves from the emboldened criminals who have guns. Ammo production may be catching up to demand, at least we see some overall drop in 9mm prices.

 

[Flopsweat]

It's like ten thousand spoons when all you need is a knife.

Thank you Alanis.

It's like raaaiiaaain...

 

[American123]

It's like ten thousand spoons when all you need is a knife.

A grinder could fix that though

 

[Flopsweat]

A grinder could fix that though

OK but technically that's a shiv, not a knife.

 

[Dungannon]

Just before this last one hit Midway was having sales on Primers where if you bought enough they would eat the Haz-Mat fee. No one wanted them, until they were gone of course.

Except me; bought 25K which is why I'm riding out this 'shortage' without a worry.

 

[Flopsweat]

Except me; bought 25K which is why I'm riding out this 'shortage' without a worry.

That's like I was with 9 and 223. Now I'm out of primers. Well win some, lose some. Going to need that 9 to come down by next year though, so I can stack 'em deep again.

 

[American123]

OK but technically that's a shiv, not a knife.

You could totally put a serviceable edge on the handle of a spoon.

 

[Flopsweat]

You could totally put a serviceable edge on the handle of a spoon.

Absolutely. They do it in prison all the time.

 

[Pete F]

Let me know when I can buy M855 from Bimart with a Federal rebate for $110 for the 420 pack in the ammo can. That is $.26 a round. I never bought for more than $.30 a round.

I don't think that we will ever see it that low. I think that $.35 will be the standard price when things shake out.

 

[Zechariah]

I went overboard a bit and bought some at 45 cents and was mad at myself months ago. I don't think I needed that much but I'd say that would be bargin now and could probably unload if I wanted to.

 

[Mono1]

That's like I was with 9 and 223. Now I'm out of primers. Well win some, lose some. Going to need that 9 to come down by next year though, so I can stack 'em deep again.

Stack 'Em DEEP, Baby! That's what I'M Talkin' About!

 

[Flopsweat]

I went overboard a bit and bought some at 45 cents and was mad at myself months ago. I don't think I needed that much but I'd say that would be bargin now and could probably unload if I wanted to.

It was over a buck like everything else for a while. I was tempted to sell some, but what would I have made, a few hundred bucks? Not worth it.

 

[3MTA3]

I'll fess up that during one of the Obama era panics I paid as much as 70 cents a round for M-855 and a bit less than XM193. I had just built my first AR-15's and was starting from scratch. Without that ammo my new rifles were cool looking clubs. I just bought a few of the smaller bulk boxes every pay period kind of like dollar cost averaging when you buy stocks. I had no idea at the time how long the situation would last or even if it would be over. Looking back no regrets and would do the same again under the same circumstances.

Same situation happened when we all thought Hillary would win and were certain all kinds of gun grabbing would happen. I stayed pat because I was at least OK. When Trump won and the bottom fell out I went long realizing it wouldn't last forever. Short of an all out breakdown of civilization I have more than a lifetime supply, but justify the quantity as something to leave for future generations that may not be able to obtain ammo, guns, or shooting supplies in the future.

The latest thing I've focused on are replacement parts, tools, cleaning and lubrication supplies. Basically zigging while others zag. Looking at upgrading some optics sue to some amazing advancements that have created some impressive values like Arken and Primary Arms.

 

[Dinglenutz]

Except me; bought 25K which is why I'm riding out this 'shortage' without a worry.

Yeah, I couldn't say no, or like the old guy said in that one movie, "the river called his name"

 

[billdeserthills]

This could really turn around handgun sales
4TH Circuit Court determines handgun ban is unConstitutional-- 18-20 year olds are of age to buy handguns

Federal Court Declares Handgun Ban for Adults Under 21 Unconstitutional

A three-judge panel in the Fourth Circuit Court of Appeals ruled on Tuesday the Second Amendment protects the rights of 18-to-20-year-olds to buy handguns. It struck down federal laws that prohibited…

thereload.com

 

[Flopsweat]

This could really turn around handgun sales
4TH Circuit Court determines handgun ban is unConstitutional-- 18-21 year olds are of age to buy handguns

Federal Court Declares Handgun Ban for Adults Under 21 Unconstitutional

A three-judge panel in the Fourth Circuit Court of Appeals ruled on Tuesday the Second Amendment protects the rights of 18-to-20-year-olds to buy handguns. It struck down federal laws that prohibited…

thereload.com

Well worded too.

"Our nation's most cherished constitutional rights vest no later than 18," Judge Julius N. Richardson wrote for the court, with Judge G. Steven Agee concurring. "And the Second Amendment's right to keep and bear arms is no different."

 

[3MTA3]

This could really turn around handgun sales
4TH Circuit Court determines handgun ban is unConstitutional-- 18-21 year olds are of age to buy handguns

Federal Court Declares Handgun Ban for Adults Under 21 Unconstitutional

A three-judge panel in the Fourth Circuit Court of Appeals ruled on Tuesday the Second Amendment protects the rights of 18-to-20-year-olds to buy handguns. It struck down federal laws that prohibited…

thereload.com

If you are old enough to carry one in the defense of this country you are old enough to own one.

 

[Alexx1401]

If you are old enough to carry one in the defense of this country you are old enough to own one.

I have LONG felt that way too! Of course it will take no time at all for them to just find another judge higher up the chain to shoot this down. It is nice at least one black robe actually said this though.

 

[billdeserthills]

This offer is very telling of a dropping demand

https://palmettostatearmory.com/200rds-of-pmc-x-tac-62gr-lap-5-56-ammo-10-magpul-pmag-30rd-5-56-magazines.html?utm_medium=email&utm_source=daily_deals&utm_campaign=20210709&utm_term=afternoon&utm_content=KIT-0424

And this week, I purchased 1000 pieces of new Starline 357 brass delivered for 161.00

Looks kinda like this deal

200 Rounds PMC X-TAC 5.56 NATO 55 gr FMJBT Ammunition & 10 Magpul PMAG 30 Round Magazines

PMC X-TAC 5.56 NATO Ammo 55 Grain FMJBT, 20 rds/box - 556XSKU: 2516QTY: 10 Magpul PMAG 30 Round Magazine Gen 2 MOE 5.56X45 - MAG571-BLKSKU: 2QTY: 10

palmettostatearmory.com