I’m seeing gun availability rapidly increasing, and prices coming down rapidly from the March-June peak. Tell me what you’re seeing (not speculating). Okay. Concrete 1. Today - M&P Shield Plus for 373 plus $25 shipping and $15 FFL. See pic. 2. Watch this YouTube.
by a gun dealer citing facts showing his losses on gunbroker.com bcz the cash market has dropped dramatically in the past 6 weeks. Also, he shows that his wholesalers have tons of stock available in the last week or two, that weren’t a label a month or two ago. It’s a compelling warning that the market is dropping rapidly from the recent insanity in new and used guns.
*we all know the obvious- stimulus checks have been spent, unemployment extra money over at end of June, and tax return money spent, and bullets too expensive.
IN FACT - what’s predictable is that a lot of people who spent stimulus, tax return, and unemployment money on new guns, are going to start dumping them back on the used market to raise Christmas money or other cash needs no later than the last quarter of this year. I think the YouTube guy's facts showing the rapid recent decline shows that if you’re selling for cash, now is better than a month from now.
thoughts?
*we all know the obvious- stimulus checks have been spent, unemployment extra money over at end of June, and tax return money spent, and bullets too expensive.
IN FACT - what’s predictable is that a lot of people who spent stimulus, tax return, and unemployment money on new guns, are going to start dumping them back on the used market to raise Christmas money or other cash needs no later than the last quarter of this year. I think the YouTube guy's facts showing the rapid recent decline shows that if you’re selling for cash, now is better than a month from now.
thoughts?
