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Thread: "Assault Weapons" - Buy or sell?
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December 18th, 2012, 01:11 AM #21Super Member
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Re: "Assault Weapons" - Buy or sell?
It's really hard to say what to do. On one hand, if a ban actually happens, you'd be really glad you made a few extra purchases before it did.
On the other hand, if no ban happens, prices will plummet as supply heavily outweighs demand--just as it did following the 2008 election. For most buyers in this kind of market, they aren't buying additional items, they're simply moving purchases forward, leaving a gap following the period of increased demand.
If we have no ban, you can stock up on whatever you want on the cheap.
It is entirely possible that there will be no new AWB. While the media and the current administration are certainly talking it up, legislation of that magnitude would have to be passed by both houses of congress before the President can sign it.
The GOP has a healthy majority in the House, and there are plenty of Democrats who won't touch the legislation either. While the D's control the Senate, there aren't enough of them to block a filibuster.
While it's possible that push will come to shove and the R's will cave on this, I'm just not sure I can see it.
I can however see new regulations passed by executive order. An AWB couldn't really happen that way under normal circumstances, but some kind of regulation could be put in place.
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December 18th, 2012, 01:27 AM #22Super Member
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Re: "Assault Weapons" - Buy or sell?
Iconoclastic Individual Specimen
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December 18th, 2012, 01:30 AM #23Member
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Re: "Assault Weapons" - Buy or sell?
I would say buy. I'm not usually one to buy into panic buying and at this time I don't truly believe anything substantial will go through the house; however, I do plan on buying a second AR here soon. Worst case scenario there is a ban and I only have 2 ARs. Best case scenario, there is no ban and I only have 2 ARs.
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December 18th, 2012, 08:09 AM #24
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December 18th, 2012, 08:38 AM #25
Re: "Assault Weapons" - Buy or sell?
I wish I shared your optimism. But seeing as how a few Republicans have already jumped ship, and I'm sure more will follow... I think this could end up anywhere. And judging by the media coverage, and everyone's heartstrings being pulled, we're in a for a long ride, as gun owners.
III%
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December 18th, 2012, 08:51 AM #26
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December 18th, 2012, 11:43 AM #27
Re: "Assault Weapons" - Buy or sell?
My general opinion is. If you don't have alot of money to burn, there's something you absolutely couldn't live without if a AWB passed I would buy it now as long as pricing doesn't go ridiculous.
As far as I'm concerned if someone comes knocking looking for a rifle because they want to take it..
"Yeah. I sold it about a month ago. In accordance to PA law there was no transfer as the guy was an instate resident. I seem to have misplaced his information"
I agree. I was watching FOX news cause I thought if anyone would put a good spin on all hope not being lost on republicans voting for this gun ban it would be them. But all I heard was...
"I agree... No real reason to have a gun in the hands of citizens that can shoot 30+ rounds without reloading" or something towards that idea though they tend to say "30 rounds in 10 seconds" or "100 round clips" embarassingly enough.
I don't think the NRA will have anyones back on "assault weapons". But they still have a voice in D.C.. Possibly the most powerful.
I am hoping the people who have a business in semi auto weapons like AR's, AK's, etc in this country will have a hand in protesting this and not let a AWB pass.Last edited by khankewycz; December 18th, 2012 at 11:46 AM.
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December 18th, 2012, 12:13 PM #28Hokkmike Guest
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December 18th, 2012, 12:33 PM #29Super Member
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Re: "Assault Weapons" - Buy or sell?
Last I remembered, in this Country, the Government can not confiscate private property without reasonable compensation. I don't recall any exception for privately owned firearms. I can not imagine that the federal government would try a confiscation. If they would, not sure the government could afford the same? Courts would be clogged with appeals.Last edited by pa350z; December 18th, 2012 at 12:47 PM.
My GGG Grandpappy,front row (20th NC, Co. F.) and Family Circa 1900.
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December 18th, 2012, 12:51 PM #30
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