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Post by Deleted on Feb 2, 2016 12:00:17 GMT -5
Who made money? Guys who were sitting on a bunch of magazines. I remember being able to buy M1 carbine mags from J&G Sales for $0.86 each in 1990-1991. Four years later those were $20+ magazines.
What would I buy to take advantage of the panicked masses yearning to be armed? Well, the smart thing to do is appeal to the most common denominator. ... you could have sold a hundred AR or Glock mags. ....
What the most common rifle in this country for guys like you and me? AK-pattern and AR-style rifles. ....I’d put my money for rifle mags. Magpul Pmags and known-brand GI aluminum mags (Okay, CProducts, etc) would be my choice. www.commanderzero.com/?p=3085Good plan or not?
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gregintenn
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Post by gregintenn on Feb 2, 2016 12:47:16 GMT -5
I'd buy what I thought I needed right now, because they are cheap and available. Sad to say, but another mass shooting and your president banging the drum for gun control will enable you to make money on magazines. After Sandy Hook, I saw people paying $100 a piece for what are now $8 mags. Many around here have been turning a profit since then on 22 long rifle ammunition of all things. They go to WalMart and other stores daily, and but up ALL of it available, then sell it at a profit. I thought this would have blown over by now, but there still isn't any on store shelves. I hope no one does this with toilet paper.
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milee
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Post by milee on Feb 2, 2016 14:20:05 GMT -5
Agree about the ongoing ammunition shortage. Especially since 22 is not one you can easily load yourself, but it's the most popular. Most of the guys we know (including DH) who use lots of ammo have started loading their own... except for 22.
Not sure I'd want to focus on stockpiling ammo as a future moneymaker, though. Even though it's likely to be sellable in the future, safely storing it can be an issue. Plus, the shortages have been going on long enough that alternate routes are being worked out - more manufacturing and importing from other countries even.
For speculation purposes, the magazine idea has some merit. They wouldn't be tough to store properly and by themselves aren't dangerous. You could even be a little bit more speculative and specialize in the magazines that you think might be the target of future legislation, like the magazines that hold more than X rounds, for example... Any time there's a mass shooting or rumor of potential gun control legislation, our friends who own gun shops seem to sell out of the types of guns that are likely to be banned.
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wvugurl26
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Post by wvugurl26 on Feb 2, 2016 14:24:01 GMT -5
I swear manufacturing magazines or ammo is almost like having a license to print money these days.
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mroped
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Post by mroped on Feb 2, 2016 14:32:35 GMT -5
Buy more guns if you are a responsible gun owner! Keeps the guns out of the hands of bad people and it satisfies your weird ideas about government takeover and so on! Added bonus to us too: we get to call you gun-nuts weirdo and ask you why do you need that many guns? Ps: don't play with your guns! You are gonna shoot your eye out!
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gregintenn
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Post by gregintenn on Feb 6, 2016 7:51:15 GMT -5
I don't know about magazines, but there are collectible guns that have done really well as investments. If you get an AR I have some 30 round clips for .223 I'll sell you cheap! Around here you can find .22 ammo but .357 is pretty rare. What's cheap?
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gregintenn
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Post by gregintenn on Feb 6, 2016 9:22:59 GMT -5
Wonder why this post was moved. It was on topic for where it was in my opinion. Guess that's why I'm not a mod.
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Value Buy
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Post by Value Buy on Feb 6, 2016 11:14:35 GMT -5
Wonder why this post was moved. It was on topic for where it was in my opinion. Guess that's why I'm not a mod. There would be other reasons why you would not be a mod here...... Question: I have a 16 gauge Remington pump shotgun I am not using anymore. circa 1963 or so. Any value to it? Can I even buy any 16 gauge shells anymore? Off to Cabela's!
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gregintenn
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Post by gregintenn on Feb 6, 2016 11:20:49 GMT -5
Wonder why this post was moved. It was on topic for where it was in my opinion. Guess that's why I'm not a mod. There would be other reasons why you would not be a mod here...... Question: I have a 16 gauge Remington pump shotgun I am not using anymore. circa 1963 or so. Any value to it? Can I even buy any 16 gauge shells anymore? Off to Cabela's! Sure you can buy shells for it. Cabelas will have the Herter's brand for it at a surprisingly inexpensive price. I assume it is a model 870 Express? Condition is a big factor in the value of a firearm. Pictures would tell a great deal. Barrel length and choke will make some difference, as will vented rib barrel vs plain.
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gregintenn
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Post by gregintenn on Feb 6, 2016 12:31:01 GMT -5
$6 each plus shipping - there's 11 loose (used) and 2 new in the package. Aluminum, steel, or polymer? What brand? I'm interested if hickle isn't.
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gregintenn
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Post by gregintenn on Feb 6, 2016 12:47:42 GMT -5
I assumed they were steel but checked them with a magnet and they must be aluminum. Various manufacturers. You have a pm.
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Blonde Granny
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Post by Blonde Granny on Feb 6, 2016 19:03:58 GMT -5
This thread was locked at the request of the OP.
Blonde Granny - Admin YM & YMOT
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