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Guns selling faster than they can make them.
Over the weekend during a super bowl party I was talking to a friend of mine that manages a gun shop. We were talking about the economy and he said things are booming for them and that they can't get enough enough stock in to keep up with demand. After some conversation I learned that starting the day after Obama's election business has gone through the roof for them. He will put in an order for $35,000 worth of guns and be lucky to get $3,500 of the order. Most of the guns they sell (any assault rifles and a lot of pistols) are on huge back order and he has been told by the manufacturers that they are working around the clock to fill orders.
They had 15 AR15's in their shop. Normally they sell 1-2 a month. They sold all of them the first week after Obama's election and can't get more because the manufacturer is so back logged. A lot of people feel Obama will bring back the assault rifle ban so they are buying now and others think he will try to ban the sale of almost all guns so they are buying pistols with the bigger clips and anything that might get limited.
It is pretty wild. He also said the cost of most ammo has nearly doubled and that in most places even the raw materials to load your own shot is sold out and on major back order.
I had seen that gun sales went up right after the election. I just had no idea it was by that much.
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