Americans are buying guns in record numbers as a reaction to the crumbling economy.
Trends are pinpointing to a fearful public struggling financially and preparing for potential mass civil unrest in the aftermath of a total economic collapse.
FBI records and Google Trends research shows that firearms purchases are at record highs, suggesting that Americans have rushed to protect themselves from the potential of civil unrest, crime, violence and possible shortages of food and other necessities in the event of a widespread financial meltdown.
Data released by the FBI’s National Instant Criminal Background Check System (NICS) for the year reported 14,033,824 NICS Checks for the year of 2009, a 10 percent increase in gun purchases from the 12,709,023 reported in 2008.
“Once the economy gets bad, crime always goes up,” a police officer told the St. Pete Times, “People get desperate whenever things are not going the way they feel like they should be going, and they’ll do things they normally wouldn’t do.”
So far that is over 14,000,000 guns and 14,033,824,000 billions rounds of Ammo bought last year
To put it in perspective that is more guns than the combined active armies of the top 21 countries in the world. Assuming each gun buyer bought 1000 rounds of ammo for each purchase, and you and I know that it is way, way more than that, that would be easily 14,033,824,000+ billions rounds of ammo fired by USA gun owners.
Of the NICS background checks preformed less than and average .005% were denied, showing, overwhelmingly, that law abiding American citizens are the ones buying guns and that criminals are getting their guns elsewhere.
Although many Americans are seeking their security in precious metals, such as gold and silver, more are preparing for anarchy and chaos by going on food stamps and stockpiling essentials such as non-perishable food, water, gasoline and heating fuels.
Interest in silver coins is also surging, with Americans looking for more affordable ways to protect their increasingly devalued dollar savings with many unable to afford soar away gold prices.
“Just two years ago, silver coin sales were on the magnitude of 1 million units a month, now it’s 3 million units a month,” said Colas.
However, maybe they are barking up the wrong tree. You should check out a couple of small-cap gun makers. These companies have withstood the test of time and now, they’re enjoying more publicity and rising share prices…
For example, Sturm, Ruger & Co. (RGR) shares have enjoyed similar success this year. As of Friday morning, the stock is up almost 73% year-to-date (32% yoy). The firearms maker reported huge increases in revenue and backlog during Q4, and several analysts have upgraded this stock to a strong buy.
Smith & Wesson Holding Corp. (SWHC). This company has been making guns longer than any of us have been on the planet. After a tumultuous few years, this stock has posted a strong 2009. Shares are up about 80% since Jan.1.
So maybe you should be buying guns not only to protect yourself and your family, but also as an investment opportunity. As long as there is even a small, remote possibility that the economy will crash or that we are in danger of social unrest, guns will be a valuable asset. In more ways than one.
Note: Crime is at Record Lows!
This record year in firearms background checks show that Americans are solidly in-favor of exercising their civil right to Keep and Bear Arms. In a year were crime has reached an all time record low what is plainly clear is that more guns equal LESS CRIME!
Tip: Become a Federal Licensed Firearms Dealer
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- Trust the People - The Case Against Gun Control, an ebook about the various gun control proposals on today's agenda--including licensing, waiting periods, and bans on so-called Saturday night specials--are of little, if any, value as crime-fighting measures. Banning guns to reduce crime makes as much sense as banning alcohol to reduce drunk driving.
- Behold a Pale Horse, an ebook by American writer, shortwave broadcaster, conspiracy theorist and former member of the U.S. Naval Intelligence Briefing Team, Milton William Cooper, reveals the truth as he sees it, from the assassination of John F. Kennedy, to UFOs, to the war on drugs and to secret government conspiracies and cover-ups.