Nick Leghorn reports that the law of supply and demand is still operative in the firearms market:
After the gun control scare earlier this year, demand for AR-15 rifles went through the roof. People were maxing out their credit cards on fears that America’s favorite firearm was about to be banned by the powers that be. This cleared the entire available stock of guns, and made manufacturers ramp up to meet demand.
It was good times for manufacturers, but now the AR-15 bubble has burst and things are looking downright depressing for manufacturers.
By now, everyone who “needed” an AR-15 has found one. Even if they emptied their bank accounts to do it, they have their rifle. But with sales slowing down, the price of an AR-15 is cratering. …
The good news is that cheap AR-15s are about to flood the market. If you’ve been waiting for the “right” time to buy a good entry level gun, this is it. …
The bad news is that ammunition is still scarce. It’s on the shelves, but stores haven’t lifted their “one box per person” limit yet. So while you can buy a gun, you still can’t feed it. And God help you if you need some .22lr.
Woohoo! Cheap ARs for everyone! I guess I should go to next weekend’s Tanner gun show. And bring my checkbook. 🙂
