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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (600316)2/9/2011 3:45:36 PM
From: d[-_-]b  Read Replies (1) of 1575614
 
The Gun Indicator



Guns, Ammunition, and Silver Coins – Whether you are “pro-“ or “anti-“ gun, the sale of firearms should be on your radar screen as a heuristic measurement of something I will call “consumer security.” There is a baseline of organic firearm demand in the U.S. – for years it was about 8 million units, as measured by the FBI’s instant background check request data. With the 2008 recession that number spiked to first 10 million and now 14 million background checks a year. At first observers chalked that up to a Democratic President, but it has been years since Obama’s inauguration and the numbers keep climbing. I attribute that to a deeper sense of unease in the population – perhaps about government controls, perhaps about crime. Hard to say how much of each. But it is easy to say that an unsure society is not one ready to resume a carefree spending profile. And keep in mind that guns are not cheap – a basic rifle or shotgun will run $300 or more.
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