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Joined: Feb 2008
Posts: 11,359 Likes: 399
Sidelock
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Sidelock
Joined: Feb 2008
Posts: 11,359 Likes: 399 |
The comparison of double gun prices to stock prices is very interesting.
If you bought tech stocks when tech stocks were peaking, and sold them when demand for them was lower, you probably didn't do so well. Same for energy stocks, pharmaceuticals, automotive, etc.
If you put all of your money in high capacity semi-auto rifles and ammunition in 2013 when demand for these guns was at an all time high and 5.56 ammo was selling for nearly a buck a round... if you could find it... then you probably aren't going to recover your investment anytime soon. At least until the sheeple and the FUDDS are dumb enough to put anti-gun Liberal Left Democrats back in power.
Guess what? The country didn't elect a Republican House, Senate, and President because the country is turning Blue. If you wish to believe anti-Conservative CNN type propaganda and the same fake polls that said Trump never had a chance, then nothing I say will ever change your mind. Kalifornia gun owners seem pretty much content to get steam-rolled without ever fighting back. Many of them who post here seem to spend more time denigrating the NRA and pro-gun Republicans than they do fighting to reverse the slide of their state into anti-gun Socialism.
Those same stock market rules apply to doubles as an investment. Guns in general have lagged the stock market, and it appears that high end British Doubles just are not as hot as they were ten or fifteen years ago. However, many other doubles are selling for considerably more than they did ten or fifteen years ago... even in 12 gauge and in lower grades. Pick up a 10-15 year old copy of Gunlist, and even "Dick and Craig's" prices seem pretty reasonable. And if you seriously think that Gen-X'ers and younger people just aren't interested in guns anymore, check out the huge price appreciation of Colt "Snake Guns" and Winchester or Marlin leverguns.
Of course, you could be like Jagermeister, who doesn't own even one lousy double gun, and congratulate yourself when you are on your death bed, for waiting until you are too old and too sick to ever enjoy owning and hunting with one.
A true sign of mental illness is any gun owner who would vote for an Anti-Gunner like Joe Biden.
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Joined: Feb 2009
Posts: 1,572 Likes: 100
Sidelock
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Sidelock
Joined: Feb 2009
Posts: 1,572 Likes: 100 |
I look at it as an amazing time to buy high quality guns to use in the field. It’s a time to hunt with some the best guns ever made. There are better ways to make money. Nobody seems to worry about getting there money back on a vehicle after a lifetime of use.
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Joined: Mar 2002
Posts: 7,747 Likes: 499
Sidelock
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Sidelock
Joined: Mar 2002
Posts: 7,747 Likes: 499 |
You make no money in the stock market until you sell your stocks and pay your taxes. Most of the increases you are seeing is from large investors, not individual ones, like retirement funds and mutual funds or hedge funds. So if your retirement fund triples ten years before you retire, it does not mean you have anymore disposable income to use now, plus why you be spending that money on guns now instead of letting it continue to grow. It is the same problem with increasing land prices and better housing prices. You don't make any money until you sell. Been land poor for many years as they say.
So I am not surprised to see no direct relationship between rising stock prices and gun prices. just as I don't tie them to land or housing prices. What I do worry about is that baby boomers are aging fast and when they get out of the gun hobby there will be a glut of guns on the market, with fewer buyers interested in them, for many of the reasons others have mention above. Same thing for silver flatware, fine china, antiques of all kinds. The future market is not rosy for everything.
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Joined: Feb 2008
Posts: 11,359 Likes: 399
Sidelock
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Sidelock
Joined: Feb 2008
Posts: 11,359 Likes: 399 |
That would all be very nice except for one nagging little statistic.
The number of guns in the United States has increased by 50% since Hillary Clinton's husband was sexually molesting a young girl in the Oval Office.
Some of the buyers of these guns have been decrepit old farts. But very many have been purchased by young men and women. The oft predicted decline in the number of gun owners is as unrealistic as the dishonest polls that say over 80% of gun owners want the same sort of restrictions that is killing the sport in Kalifornia. Why do people keep falling for this crap?
That said, I'm glad that I didn't invest in high dollar 1970's muscle cars when English Doubles were very hot. Those who did might have made some money though, if they liquidated and took profits in 2015. The Haggerty Index for collector cars has been like a roller coaster since before the 2008 recession, and is plummeting to the bottom of the tracks right now. But market bottoms have always presented buying opportunities for those who are willing to take carefully calculated risks.
A true sign of mental illness is any gun owner who would vote for an Anti-Gunner like Joe Biden.
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Joined: Feb 2009
Posts: 7,466 Likes: 213
Sidelock
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Sidelock
Joined: Feb 2009
Posts: 7,466 Likes: 213 |
....retirement funds and mutual funds or hedge funds. So if your retirement fund triples ten years before you retire, it does not mean you have anymore disposable income to use now, plus why you be spending that money on guns now instead of letting it continue to grow....
....So I am not surprised to see no direct relationship between rising stock prices and gun prices.... If a person's entire retirement fund is wiped out, that doesn't change their disposable income either. Their mindset, optimism and confidence in the future may be completely different. I think that's how discretionary funds are decided to be spent, consumer confidence. Particular tastes blow with the winds, but I do strongly suspect that most double gun fans started off on sporting firearms of some other configuration.
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Joined: Mar 2002
Posts: 7,747 Likes: 499
Sidelock
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Sidelock
Joined: Mar 2002
Posts: 7,747 Likes: 499 |
Craigd, I agree but people are missing the main point. For most people money invested it the stock market is not discretionary money but long term investment and retirement money like 401K which they can't get to spend without serious tax problems. It is not the little guy who has caused this market to go up but the big hedge funds and mutual funds. If it were the little guy there might be more people cashing in while the market is high. Of course there are always those who wont want to sell early trying to get every last cent of profit out of a bull market. Pigs get fat (make money) and hogs get slaughtered.
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Joined: Nov 2002
Posts: 9,381 Likes: 1
Sidelock
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Sidelock
Joined: Nov 2002
Posts: 9,381 Likes: 1 |
Of course, you could be like Jagermeister, who doesn't own even one lousy double gun, and congratulate yourself when you are on your death bed, for waiting until you are too old and too sick to ever enjoy owning and hunting with one.
Here I found you a nice one. The values doubled in surprising short time. If I remember correctly famous guns scribe that used similar one hailed from same state as you and hunted in wetlands of Arkansas...... It fell from car bumper and famous nimrod was trying to get it back for long, long time. 9 pound plus 3" 32" 'Duckling' from Philadelphia Pa..... The barrels made to blueprints of famous farm boy from Western NY. Better choice than 3" Model 21. Well to do American will still reach for "AA Black Card "to buy one. As American as apple pie. Alas the apple pies I eat are baked in Canada. Canadian apple pies are very, very good.
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Joined: Jan 2002
Posts: 7,704 Likes: 103
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 7,704 Likes: 103 |
Dang, he did find a nice one...Geo
The barrels on that Fox make it clear that you cannot go by barrel convergence to determine whether they've been cut.
Last edited by Geo. Newbern; 11/10/17 09:04 AM. Reason: added final sentence
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Joined: Feb 2012
Posts: 2,308 Likes: 44
Sidelock
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Sidelock
Joined: Feb 2012
Posts: 2,308 Likes: 44 |
‘AA.........’ Alcoa? How ‘bout a link to those pies... __________________________ Lampin’ https://youtu.be/CZ3PoN4dMsE
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Joined: Oct 2009
Posts: 6,498 Likes: 396
Sidelock
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Sidelock
Joined: Oct 2009
Posts: 6,498 Likes: 396 |
None left! Canadians ate them all in celebration of the Flames pasting the Wings last night.
The world cries out for such: he is needed & needed badly- the man who can carry a message to Garcia
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