AR-15 market cooling down?
Published: July 7th, 2009
Michael Bane thinks so:
This would certainly be consistent with other “bubbles,” and that may mean an opportunity. Remember we reported from the NRA Show that manufacturers thought we’d reached “peak AR” and that anywhere from 30-60% of their backorders would vanish as the market cooled.
Read his blog post here.
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This doesn't surprise me one bit. I wrote an article back in March where I explicitly stated that I thought the gun and ammo market hysteria was a bubble. You can see it here:
http://www.lewrockwell.com/...
Certainly my own experiences at local gun shows as well as the CDNN emails I get suggest that AR-15 supply has started to exceed AR-15 demand.
Now all that's left is a similar 'catching up' in the Ammo and Primer markets.
It's not the unemployment rate that's slowing AR-15 sales, it's the corporate bullshit gun makers and gun dealers tried to feed us about President Obama supposedly trying to ban the AR-15. The market was artificially inflated. Artificial inflations don't last long. I wouldn't pay $200 for a puny little .223.