Guns and gold.

[.... callchet ....]

The price of all guns has gone up in the last few months. The price of machine guns has gone up ever since ownership and the amount of guns was restricted. My guess it that machine guns will be a better investment than gold.

[tburnsten]

1. Over the last twenty+ years

the price of a basic M-16 rifle has gone from about $1000 to upwards of $20,000. That is what, a 2000% increase? Guns are worth wayyyy more than gold.

[Mad_Cow_Disease]

8. In the past few months MG prices have plateaued

If you look at the MG trends you see a HUGE jump in price right around when internet forums and electronic information dissemination became widespread. The simple conclusion (and observation) is that most people think things like silencers, explosives, machine guns, sawed off shotguns, etc are illegal. As information is spread more easily, more people find out and demand increases. I know for a fact that if the internet wasn't an infinite library of topics I would be ignorant to their legality and assume they were evil/scary/illegal/whatever. I've never met another person who owned any silencers (legally) before myself. Recently, MG prices have somewhat plateaued and there was even a minor drop in value when SCOTUS ruled on the heller case - supposedly there was conjecture that the similarly constructed 1986 ban could follow suit if challenged. For a short while you could find MACs under $3k. I think with the election results their upward trend may start to climb again. I may never own an MG until I win the lottery :(

The funny thing about the 1986 FOPA... The full auto ban portion was merely an amendment (Hughes Amendment) to the bill and it's inclusion was a "night vote" with many of the opposing representitives not present. On top of that, it was an unrecorded voice vote. But the icing on the cake is that it really is structured very much like the ban the Heller Case struck down. William J. Hughes fucked firearms owners over hard on that one. However, even if the hughes amendment was overruled as unconstitutional, imported automatic weapons would not be allowed (1968 GCA) and the lengthy registration/paperwork would still be in place (1932).

Just imagine if the government said, "We're banning all new model computers for civilian ownership. You have one month to purchase any modern computing hardware which will be legal for use/sale after the ban takes effect. Normal citizens don't require the use of higher-than-current processing power - only hackers, internet crime, and government approved research teams."
This is essentially (exactly) what happened to full auto firearms.

[NOW tense]

2. Lawyers, Guns, and Money

http://www.youtube.com/watch?v=p5Q4aLGjHLA

[Statistical]

3. Agreed.

A well maintained firearm can last couple hundred years with maintenance.

The one thing that makes fully auto weapons priced so high is NOT the NFA (1934 law that restricts ownership) it is the 1986 ban which bans weapons made in 1986-present but keeps legal weapons produced in 1985 or prior.

Totally stupid law and without merit. A 1985 M2 0.50 cal Machine gun is somehow less dangerous than one made a few months later in 1986.

If the 1986 ban was ever overturned or repealed the prices of MG was dropped to retail value (about 90%-95% drop).

Remember if 1986 ban is removed it still would be difficult to acquire a MG. You would be restricted via the NFA (1934 restriction) just as you are now on 1985 weapons however you could buy new ones and every used one after 1986 which would erase the artificially high prices.

[57_TomCat]

4. As a side note...

One hundred twenty five years ago an ounce of gold bought you a top quality handgun. At today's priceing an ounce of gold will by you a top quality handgun.

This is the epitome of inflation. An ounce of gold was worth about 15 to 20 dollars back then and todays prices are way up there but the "intrinsic" value of gold has not changed.

Potentially both the gold and handguns can be proscribed by law or regulation. Both a bad choice in my opinion.

One advantage of having a gun as an investment is it has utilitarian uses while owned and retains its intrinsic value over time. Of course my wife says she would prefer the gold jewelry for that purpose. :)

[slackmaster]

5. Even less scarce firearms like Swedish Mausers have gone up a lot

I've seen stunningly high prices on rifles similar to ones I paid less than $100 for 10-20 years ago.

[tburnsten]

6. how bout the thread

where the poster saw some SKS rifles for over $500? Crazy talk.

[slackmaster]

7. It is crazy, but my gun collection is by far the brightest part of my financial portfolio

Even bonds and precious metals have not done as well as firearms. (I did liquidate much of my gold and silver in early march last year, which turned out to be good timing.)

[spin]

9. In the Old West a cowboy could buy a Colt Peacemaker for a twenty dollar gold coin...

it was the popular handgun of its day.

Today you can buy a modern semi-auto pistol for a one once gold coin.

Gold is inflation proof over the long term.

The price of true machine guns is high because they are restricted. The price of "assault weapons" might be inflated because of the fear that they will be restricted by the incoming administration and the liberal Democrats in Congress.

Any rare item is valuable. A first generation Colt Peacemaker (made between 1873 to 1941) in good condition with most of the original finish remaining and all original parts starts at $2500 and can go up much higher. Such a firearm might be a better investment than a machine gun as they probably will never be banned.

[pipoman]

10. Gold is a notoriously

bad investment, especially over the long term. As others have said it is simply an inflation curb which is a better alternative than keeping your money in your mattress. An ounce of gold will buy you almost exactly the amount of goods it would have bought you in the 19th century, or the 1950s. There is no compound interest with gold. Interest bearing investments allow you to earn interest today on yesterdays interest, dividend paying vehicles allow purchase of more of the same with the dividends, a decent stock investment will appreciate faster than inflation. An ounce of gold will still be an ounce of gold in 100 years. There have been short term investments in gold which have far exceeded inflation, but it is usually risky business during a volatile economy.

[gobhock]

11. guns and YOUR ammo

From: Flo Ron Paul 2012
Date: Jan 27, 2009 4:00 PM


From: "Eric Nordstrom" ..





PATRIOT NETWORK EMERGENCY ALERT 012709
---------------------------------------------------------------
PLEASE DISTRIBUTE TO ALL AMERICANS - THIS IS NOT A DRILL!
---------------------------------------------------------------

Ammunition Accountability Legislation

Remember how Obama said that he wasn't going to take your guns?
Well, it seems that his allies in the anti-gun world have no
problem with taking your ammo!

The bill that is being pushed in 18 states (including Illinois and
Indiana ) requires all ammunition to be encoded by the manufacture
a data base of all ammunition sales.

So they will know how much you
buy and what calibers.



http://ammunitionaccountability.
org/Legislation.
htm

Nobody can sell any ammunition after June 30, 2009 unless the
ammunition is coded.



Any privately held uncoded ammunition must be destroyed by July 1,
2011. (Including hand loaded ammo.) They will also charge a .

05
cent tax on every round so every box of ammo you buy will go up at
least $2.

50 or more!

If they can deprive you of ammo they do not need to take your gun!

All eyes are diverted on talk radio topics, bailouts, television
entertainments/news/propaganda, while state level legislatures are
placing the second amendment into a grave.



This legislation is currently IN COMMITTEE in 18 states: Alabama,
Arizona, California, Connecticut, Hawaii, Illinois, Indiana,
Kentucky, Maryland, Mississippi, Missouri, New Jersey, New York,
Pennsylvania, Rhode Island, South Carolina, Tennessee, and
Washington.



Send to every person in these united states!

To find more about the anti-gun group that is sponsoring this
legislation and the specific legislation for each state, go to:

http://ammunitionaccountability.
org/Legislation.
htm

"The strongest reason for the people to retain the right to keep
and bear arms is, as a last resort, to protect themselves against
tyranny in Government.

" - Thomas Jefferson

----------------------------------------------------------------
END OF MESSAGE - DISTRIBUTE AS REQUIRED
----------------------------------------------------------------

NOT ON THE PATRIOT EMERGENCY ALERT LIST?
Add yourself: http://nordstrom1.
com


2909 South George Drive, McConnell AFB, Kansas 67210

[friendly_iconoclast]

12. Stop spamming, and double layer that foil hat mmmkay?