America’s Best Gun Salesman Ever, Ctd

The re-election of Barack Obama has seen gun sales soar. I hope the investor who asked me for advice listened to me and bought up large before the election.

Gun sales in America are soaring in the wake of President Barack Obama’s re-election with weapons retailers reporting AK-47s flying off shelves “like hotcakes.”

Owners of guns have been stocking up because they are concerned about a potential tightening of regulations on assault weapons in the president’s second term.

In October the number of background checks on people applying to buy guns, an indicator of future sales, increased by 18.4 per cent.

There was a similar jump when President Obama was first elected in 2008. A total of 12.7 million background checks were carried out that year, up from 11.2 million the year before, and the number has been rising since then.

Shares in weapons manufacturers like Smith & Wesson and Sturm, Ruger also surged after Mr Obama’s re-election.

Those are the companies I advised him to buy into.

  • Mitch82

    Saw lots of talk of this happening in US forums of the last couple of years. Another time that people seem to go out and buy up is directly after shooting incidents like the Colorado theatre, in anticipation of a knee-jerk gun control reaction.

  • Neil

    Obama is also a world leader in the use of drone strikes – something he wouldn’t like to known for either…being all for world peace as he is LOL!!! Nothing like uncertainty for US citizens to go out and buy a weapon – just for self protection of course.

  • stinkeye

    The reason Japan never invaded the US was because of the fact that everyone is armed.

    You have a soldier in every house. Behind every bush.

  • cows4me

    Yeah Barry’s good for the arms business , which is really quite funny given the lunatic lefts distain of things that go bang. Homeland security has just ordered 450 million rounds of .40 caliber ammunition, meanwhile 27 states are running petitions to cede from the disunited states of America. Yeah things are really peachy in the land of the free.

    • Mr_Blobby

      I know I have repeatedly said this before. But I can’t help
      feeling that this will all end badly.

  • conwaycaptain

    SWitzerland has more guns per head than the US yet rarely has a shooting spree that happens with regularity in the US. Neither does it have the gun related crime.

    • Mr_Blobby

      Not to mention that the Swiss mind their own business and have a strict policy of neutrality that has worked well for centuries. A policy we could learn from given the decline of the US Empire and the rise of the East.

      Where the US went wrong was the right for everyone to bear
      arms. The Swiss with a view similar to us, that you don’t allow criminals and
      the mentally unstable to have access to firearms, is reflected in the low gun
      related crime. We could tighten that up by making more of an effort to make
      sure that unsuitable people don’t have fire arms, without impinging on the
      rights of ordinary citizens.

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