Investment Opportunities as a result of HR 1022 (AWB)?

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[ARCHIVED THREAD] - Investment Opportunities as a result of HR 1022 (AWB)? (Page 1 of 2)

Posted: 2/25/2007 3:34:22 PM EDT

First off, I'm as feverishly against this AWB passing as everyone else here. While reading the actual bill on the billtrack.us link posted on the ar15.com homepage, something came to mind

SEC. 6. REQUIRING BACKGROUND CHECKS FOR THE TRANSFER OF LAWFULLY POSSESSED SEMIAUTOMATIC ASSAULT WEAPONS.

Section 922(v) of title 18, United States Code, as added by section 2(a) of this Act, is amended by adding at the end the following:

`(5) It shall be unlawful for any person to transfer a semiautomatic assault weapon to which paragraph (1) does not apply, except through--

`(A) a licensed dealer, and for purposes of subsection (t) in the case of such a transfer, the weapon shall be considered to be transferred from the business inventory of the licensed dealer and the dealer shall be considered to be the transferor; or

`(B) a State or local law enforcement agency if the transfer is made in accordance with the procedures provided for in subsection (t) of this section and section 923(g).

`(6) The Attorney General shall establish and maintain, in a timely manner, a record of the make, model, and date of manufacture of any semiautomatic assault weapon which the Attorney General is made aware has been used in relation to a crime under Federal or State law, and the nature and circumstances of the crime involved, including the outcome of relevant criminal investigations and proceedings. The Attorney General shall annually submit the record to the Congress and make the record available to the general public.'.

To me, this means that you can private party a banned weapon through a dealer, kind of like how registered pre-86 MG's sell. Like the value of the MG's, values of AR's, etc. would go through the roof if this bill were to pass yet we transfers were still allowed. To me, this screams of investment potential.

The way I figure it is if the gov' is going to screw me by ignoring my rights, I'll screw them by using their bill to make $$$ along with legally equipping future shooters with highly desired yet foolishly banned weapons.

Anyone see this the way I do?

Posted: 2/25/2007 3:36:43 PM EDT

[#1]

If you don't mind us despising you, then go ahead and try to profit from it.hinking.gif

Posted: 2/25/2007 3:36:55 PM EDT

[#2]

Invest in ammo.

Without imported 7.62x39 ammo, millions of our firearms become clubs overnight. Same with .223.

Posted: 2/25/2007 3:38:49 PM EDT

[#3]

Ain't gonna happen, make sure you don't get burnt making any rash buying decisions.

Posted: 2/25/2007 3:39:46 PM EDT

[#4]

yeah, tryin to make a profit is kinda crappy. i live in a preban state, and it sucks already, i just bought a preban AR, cost me 1000 bucks for a colt sporter. i mean, it came with some good stuff, so i cant complain to much, but all the same, if i were to sell it i would sell it for the same.

as for the ammo, thats an ingenious idea, i really need to start stockpiling. ive got 1000 rds, but how long will that honestly last ya know.

i was curious, would it be worth it to stockpile the components for reloading instead of bullets themselves? does anyone do this?

Posted: 2/25/2007 3:41:09 PM EDT

[#5]

Then put financial incentive in these bans to spilt the gun owning community and break up resistance to fighting the laws.

Take your investment money and invest in the RKBA, donate to the NRA-ILA.

Posted: 2/25/2007 3:43:50 PM EDT

[#6]

Quoted:
If you don't mind us despising you, then go ahead and try to profit from it.

Bullshit. I've been fighting this harder than most of you.

I'm a member of the NRA and have recently donated (yet again) to them. What have you done for the firearms community, culturejammer?

Posted: 2/25/2007 3:44:19 PM EDT

[#7]

Lots of people have seen it that way in the past.

When the last one hit in '94 I was standing in line (There were lines to buy guns) at Three Bears Guns up in Washington to pay for the Colt Sporter I was picking-up and the guy in front of me was an MD who was buying 5 Sporters who happily told me he didn't even shoot but was buying them on spec'.

Posted: 2/25/2007 3:45:08 PM EDT

[#8]

Quoted:
Then put financial incentive in these bans to spilt the gun owning community and break up resistance to fighting the laws.

Take your investment money and invest in the RKBA, donate to the NRA-ILA.

I'm a member of the NRA and have donated to them recently.

I'm looking at it as a way to:

1. Spite the law makers who banned these weapons by profiting off their ban.

2. Equip future shooters with these weapons that would otherwise be unavailable to them.

3. Make a buck or two doing it.

Posted: 2/25/2007 3:47:04 PM EDT

[#9]

Quoted:
...Anyone see this the way I do?

no

Posted: 2/25/2007 3:48:31 PM EDT

[#10]

esh...all the doom and gloom and profiteering around here is souring me on the joint. Somehow I get the impression the same people spreading the gloom are the same ones in the SF forums stockpiling nothing but ammo...

Lighten up already people DAMN!!!

Posted: 2/25/2007 3:48:48 PM EDT

[#11]

height=8

Quoted:
height=8

Quoted:
If you don't mind us despising you, then go ahead and try to profit from it.hinking.gif

Bullshit. I've been fighting this harder than most of you.

I'm a member of the NRA and have recently donated (yet again) to them. What have you done for the firearms community, culturejammer?

For one thing, not tried to profit from bans and not helped other people see the potential for it.
But hey, whatever helps you sleep at night.

Posted: 2/25/2007 3:50:24 PM EDT

[#12]

He brings up a valid question.

I think I just witnessed the price of Colt LE6920s jump

.

ETA: Of course if they grandfather, but prohibit transfers, you're outta luck.

Posted: 2/25/2007 3:51:05 PM EDT

[#13]

I took a loan from my 401 k to get a bunch od stuff. I hope HR 1022 never go in to law but if it does the grad kids will have lots of toys from me. BUY buy buy and lot of money a prayers sent (FiXED SORRY)

Posted: 2/25/2007 3:54:24 PM EDT

[#14]

Quoted:
I took a loan from my 401 k to get a bunch od stuff. I hope HR 1022 does go in to law but if it does the grad kids will have lots of toys from me. BUY buy buy and lot of money a prayers sent

Posted: 2/25/2007 3:54:27 PM EDT

[#15]

Quoted:

Quoted:
If you don't mind us despising you, then go ahead and try to profit from it.

Bullshit. I've been fighting this harder than most of you.

I'm a member of the NRA and have recently donated (yet again) to them. What have you done for the firearms community, culturejammer?

For one thing, not tried to profit from bans and not helped other people see the potential for it.
But hey, whatever helps you sleep at night.

America is built on capitalism. If the ban were to pass (against my best efforts), I'd like to be able to make the best out of a shitty situation.

If you want to find another board that is more anti-capitalist, try DU.

Posted: 2/25/2007 3:55:07 PM EDT

[#16]

Quoted:

Quoted:
I took a loan from my 401 k to get a bunch od stuff. I hope HR 1022 does go in to law but if it does the grad kids will have lots of toys from me. BUY buy buy and lot of money a prayers sent

I think he meant doesn't.

Posted: 2/25/2007 3:56:50 PM EDT

[#17]

Oh yeah? I don't even have a SSN and I'll never collect a dime that isn't rightfully mine, on principle. I guess that would get me an F as a commie socialist.

Profiteering from bans is something that I could not abide by. Heck, I can't afford to buy an AR to avoid an imminent ban anyway.

You go ahead and buy a bunch and try to force them on me at 200% markup a few years down the road, I can already tell you're salivating over the possibility. Again, whatever helps you sleep at night.

Posted: 2/25/2007 3:59:46 PM EDT

[#18]

I already bought my ,50BMG.

Posted: 2/25/2007 4:00:38 PM EDT

[#19]

Quoted:
Oh yeah? I don't even have a SSN and I'll never collect a dime that isn't rightfully mine, on principle. I guess that would get me an F as a commie socialist.

Profiteering from bans is something that I could not abide by. Heck, I can't afford to buy an AR to avoid an imminent ban anyway.
You go ahead and buy a bunch and try to force them on me at 200% markup a few years down the road, I can already tell you're salivating over the possibility. Again, whatever helps you sleep at night.

DU is _________> way.

Don't be pissed at me because I can afford to invest. Would you rather not be able to buy an AR at all after a ban or be able to buy one at market value? Obviously, market value will sky rocket because of increase demand and zero new supply. It's called economics.

You don't have a SSN? Are you 12? Or do you just do your work under the table?

Posted: 2/25/2007 4:01:20 PM EDT

[#20]

Nah, I just have no interest in collecting from a Ponzi scheme.

Posted: 2/25/2007 4:02:05 PM EDT

[#21]

So much for your "Death Before Dishonor" title.

Posted: 2/25/2007 4:05:01 PM EDT

[#22]

Quoted:

Profiteering from bans is something that I could not abide by. Heck, I can't afford to buy an AR to avoid an imminent ban anyway.

You go ahead and buy a bunch and try to force them on me at 200% markup a few years down the road, I can already tell you're salivating over the possibility. Again, whatever helps you sleep at night.

If it happens the way he describes, the price will go up regardless.

So if someone owns several "preban" rifles and wants to sell one, they shouldn't get the best price possible?

I *almost* bought a Land Rover Defender 90 before they stopped being imported (due to US laws/regulations). I could've driven it for 50,000 miles, and then sold it for what I paid new. Would that have been wrong?

Posted: 2/25/2007 4:05:21 PM EDT

[#23]

Quoted:
So much for your "Death Before Dishonor" title.

Is it not honorable to preserve the ability to own a so called AW for future shooters? I'm not saying I'd price gouge. I'd sell at market value; like how registered machine guns sell for $10,000 now. Do you hate those guys, also?

If your house doubled in value, would you find it dishonorable to sell it at market value? According to you, you should sell it for what you bought it; or even less for wear and tear.

Posted: 2/25/2007 4:06:39 PM EDT

[#24]

Quoted:
Nah, I just have no interest in collecting from a Ponzi scheme.

You're still paying in to it, why not collect from it? That's giving this "ponzi" government more motivation to create more .gov controlled finance programs.

Posted: 2/25/2007 4:10:18 PM EDT

[#25]

I'd probably only sell any of my weapons in the event I really needed to raise money (which is highly unlikely), but if I did I'd be selling them at the current market rate - irregardless of a ban or not. I highly doubt you'll see anybody selling any for significantly less than that IF a ban is brought back. I'll check the EE if the new ban kicks in to test my theory.

Posted: 2/25/2007 4:13:07 PM EDT

[#26]

If that sucker (HR 1022 ) ever makes it out of committee the stamped'll be on.

Seen it too many times.

Posted: 2/25/2007 4:13:09 PM EDT

[#27]

Quoted:
I'd probably only sell any of my weapons in the event I really needed to raise money (which is highly unlikely), but if I did I'd be selling them at the current market rate - irregardless of a ban or not. I highly doubt you'll see anybody selling any for significantly less than that IF a ban is brought back. I'll check the EE if the new ban kicks in to test my theory

Exactly, he expects me to sell them at what I paid for them!?!? You sell at market value, whether it be a house, car, or firearm.

Posted: 2/25/2007 4:14:17 PM EDT

[#28]

Quoted:
Nah, I just have no interest in collecting from a Ponzi scheme.

Do you have a job? I've haven't seen a legit job (other than .gov jobs) that doesn't require a SSN; because you're having SS deducted from your pay check like it or not.

Posted: 2/25/2007 4:16:21 PM EDT

[#29]

Quoted:
If that sucker (HR 1022 ) ever makes it out of committee the stamped'll be on.

Seen it too many times.

If you're saying that they'd remove the part about allowing transfers, I agree. It really makes it impossible to properly invest. You wouldn't have enough time to buy anything once the bill is final in Congress and sent to the POTUS for signing.

But like I said before, I would want some of them to built out for personal use anyways.

Posted: 2/25/2007 4:19:24 PM EDT

[#30]

I DO disagree with buying them now on speculation for investment. It makes them less available at a "normal" price for thiose who might not already own one.

Of course someone who does speculate will take a risk; the price may go up now due to increased speculatory demand, and then either the ban may never pass, or it might pass but outlaw transfers.Then they're out money.

Posted: 2/25/2007 4:29:51 PM EDT

[#31]

Quoted:

Quoted:
I'd probably only sell any of my weapons in the event I really needed to raise money (which is highly unlikely), but if I did I'd be selling them at the current market rate - irregardless of a ban or not. I highly doubt you'll see anybody selling any for significantly less than that IF a ban is brought back. I'll check the EE if the new ban kicks in to test my theory

Exactly, he expects me to sell them at what I paid for them!?!? You sell at market value, whether it be a house, car, or firearm.

Nobody would be expected to sell anything below "Market" (Doing so is called CHARITY) but, to buy in ANTICIPATION of profit from the gutting of the 2nd Amend' (What this post is about afterall) is less than "Honorable" as far as I'm concerned.

Yeah, you can hand the guns down to your hiers but that's option #2 for you. First and foremost is to gain financially by what would be one of the WORST pieces of shit legislation to come out of DC for this country and it's passage would be a tradgedy.

If bank deposit slips would ease the blow of such a disaster on you than by all means start buyin' the shit up!

Posted: 2/25/2007 4:36:54 PM EDT

[#32]

I'm getting a loan and buying a bunch of shit just in case.

hope it doesn't pass tho :(

Posted: 2/25/2007 4:54:08 PM EDT

[#33]

i just love how so many people here say that they hope that H.R1022 does not go into law but to me it seems that honestly to many people in the gun world(including a lot of people here) are just chomping at the bit to buy everything that they can, but NOT because they want it for themselves. everyone thinks "i'll buy up 100 lowers and sit on them and when the ban comes i'll be rich".

well, it is people like this that are some of standard gun owners and collectors worst enemy. you people are just as bad as the liberals that try to pass these laws.

god i hope that H.R1022 never becomes law , but by chance if it does, i hope that there is a NO transfer/sales of grandfathered weapons just so the "investers" loose there asses.

to anyone here that is looking to profit from H.R1022, you can go rot in hell.

camaro

Posted: 2/25/2007 5:01:43 PM EDT

[#34]

I hope you "speculators" lose your ass! This is why AR's will cost another 100.00 next week!

Posted: 2/25/2007 6:05:38 PM EDT

[#35]

Quoted:
i just love how so many people here say that they hope that H.R1022 does not go into law but to me it seems that honestly to many people in the gun world(including a lot of people here) are just chomping at the bit to buy everything that they can, but NOT because they want it for themselves. everyone thinks "i'll buy up 100 lowers and sit on them and when the ban comes i'll be rich".

well, it is people like this that are some of standard gun owners and collectors worst enemy. you people are just as bad as the liberals that try to pass these laws.

god i hope that H.R1022 never becomes law , but by chance if it does, i hope that there is a NO transfer/sales of grandfathered weapons just so the "investers" loose there asses.

to anyone here that is looking to profit from H.R1022, you can go rot in hell.

camaro

So you'd prefer that your children will NEVER have the oppurtunity to buy an AR, FAL, AK, or even a Ruger 10/22?

Do you share this same resentment for those who bought MG's before the '86 ban?

Do you hate your boss? With your attitude towards investors, I'm going to assume you do not own your own company.

Posted: 2/25/2007 6:07:02 PM EDT

[#36]

Mxpatriot51 you should really change your user name to Mxprofit1022 instead... This entire thread makes me want to puke.

Posted: 2/25/2007 6:20:31 PM EDT

[#37]

Im buying stuff for me so I don't have to deal with asshats like you . Missed the bus on the first one and paid thru the ass for mags . I have enough to keep my group going for a few years .

Posted: 2/25/2007 6:22:50 PM EDT

[#38]

Quoted:

Quoted:
i just love how so many people here say that they hope that H.R1022 does not go into law but to me it seems that honestly to many people in the gun world(including a lot of people here) are just chomping at the bit to buy everything that they can, but NOT because they want it for themselves. everyone thinks "i'll buy up 100 lowers and sit on them and when the ban comes i'll be rich".

well, it is people like this that are some of standard gun owners and collectors worst enemy. you people are just as bad as the liberals that try to pass these laws.

god i hope that H.R1022 never becomes law , but by chance if it does, i hope that there is a NO transfer/sales of grandfathered weapons just so the "investers" loose there asses.

to anyone here that is looking to profit from H.R1022, you can go rot in hell.

camaro

So you'd prefer that your children will NEVER have the oppurtunity to buy an AR, FAL, AK, or even a Ruger 10/22?

Do you share this same resentment for those who bought MG's before the '86 ban?

Do you hate your boss? With your attitude towards investors, I'm going to assume you do not own your own company.

+1 so your guys hate the guys back in 86 that bougth up 20 m16 and are selling them 20 years latter for 15k. 10 years ago I bought ak mags for $3.99 each so if I sell them for $20 each today I am a ass.

Posted: 2/25/2007 6:23:13 PM EDT

[#39]

I figure a couple cheap MAC-10's would be a good investment if the ban passes. Keep one for myself and sell the rest. Keep all the good guns for myself and pass them on to my kids.

Posted: 2/25/2007 6:25:47 PM EDT

[#40]

Quoted:
If you don't mind us despising you, then go ahead and try to profit from it.

Posted: 2/25/2007 6:35:09 PM EDT

[#41]

You're the kind of guy that would throw a hefty markup on and then happily sell Zyklon B to the Nazis. I am one of the most ardent capitalists on this board, but what you propose is pretty slimy.

Quoted:

Is it not honorable to preserve the ability to own a so called AW for future shooters? I'm not saying I'd price gouge. I'd sell at market value; like how registered machine guns sell for $10,000 now. Do you hate those guys, also?

If your house doubled in value, would you find it dishonorable to sell it at market value? According to you, you should sell it for what you bought it; or even less for wear and tear.

You just don't get it. The difference is your intent, not the final financial result. You intend to profiteer from the loss of civil rights.

It's about character and integrity. Accidentally brushing against a 13 year old girl's chest is no big deal - accidents happen. If you purposefully do it, no one else might know but you're still a shitbag, see?

Posted: 2/25/2007 6:48:37 PM EDT

[#42]

Who the fuck is thinking about making a few hundred bucks in profit from a new AWB? FUCK.

Posted: 2/25/2007 6:50:43 PM EDT

[#43]

Fucking whores considering profit while were about to lose an entire way of life and our only means to balance power with those whom mean to exploit us.

C

Posted: 2/25/2007 6:51:41 PM EDT

[#44]

Quoted:
You're the kind of guy that would throw a hefty markup on and then happily sell Zyklon B to the Nazis. I am one of the most ardent capitalists on this board, but what you propose is pretty slimy.

Quoted:

Is it not honorable to preserve the ability to own a so called AW for future shooters? I'm not saying I'd price gouge. I'd sell at market value; like how registered machine guns sell for $10,000 now. Do you hate those guys, also?

If your house doubled in value, would you find it dishonorable to sell it at market value? According to you, you should sell it for what you bought it; or even less for wear and tear.

You just don't get it. The difference is your intent, not the final financial result. You intend to profiteer from the loss of civil rights.

It's about character and integrity. Accidentally brushing against a 13 year old girl's chest is no big deal - accidents happen. If you purposefully do it, no one else might know but you're still a shitbag, see?

In blue: I take offense at that. It seems you have quite the mouth on you (women's logic thread in team).

From an economical stand point, you're looking at a product who's demand will constantly increase and supply will forever stop. That's seems to be a pretty damn good investment in my opinion. It's just a side affect that it happens to be a firearm. To me, a firearm is a tool. If I bought a DeWalt drill right before DeWalt stopped making power tools, it would be a good investment.

On top of that, you're making weapons available to people who would otherwise never had them. How many of you guysh here own a pre-86 receiver that you bought from soemone else? If everyone took PeteCO and other's thinking, you wouldn't be able to have bought that NFA item and be enjoying and exercising your 2nd amendment rights today.

Posted: 2/25/2007 6:54:01 PM EDT

[#45]

Quoted:
Fucking whores considering profit while were about to lose an entire way of life and our only means to balance power with those whom mean to exploit us.

C

Personally, an Remington 700 is a far more effective weapon. Snipers dominate battefields. And honestly, do you really think there will be a civil war between civilians and the .gov?

I love guns as much as anyone here. I shoot 2-3 times a week and compete in IDPA, SCSA, and .tac rifle matches almost every weekend.

Posted: 2/25/2007 6:57:31 PM EDT

[#46]

Quoted:
Who the fuck is thinking about making a few hundred bucks in profit from a new AWB? FUCK.

Here's what I'm thinking:

1. Get as many receivers as you can.
2. Build most into personal weapons.
3. Sell others to finance the said building of personal weapons. The receivers would sell at the market value. Market value is obviously going to increase if a ban happens.

Does this make me a bad person? I don't think so. I think it makes me a capitalist. An AWB would be an absolute shitty situation, so why not make the best of it?

Whoanelly, do you ever hope to own an MG (machine gun)? Because people like me invested in them before '86, they are being sold today. Without people like that, we wouldn't be see 90% of the MG's for sale that we see today. Do you hate these people?

Posted: 2/25/2007 7:00:11 PM EDT

[#47]

Quoted:
Mxpatriot51 you should really change your user name to Mxprofit1022 instead... This entire thread makes me want to puke.

As my username says, I'm a patriot of this country. I hope to God the ban doesn't pass.

Being an intelligent human being means looking at all possible outcomes and oppurtunities. Should the ban pass, I'd like to be able to spite the libs and make a few bucks at the same time.

Maybe you should change your name to Georgia-B-Against-Any -Sales-of-AW's.

Posted: 2/25/2007 7:04:08 PM EDT

[#48]

Trust me, people will line up to buy every last piece of "AWB" related metal and plastic for their own use and thier children's use without needing your generosity. But good luck building up that stripped lower when parts are banned.

Posted: 2/25/2007 7:05:46 PM EDT

[#49]

Quoted:

Quoted:
Fucking whores considering profit while were about to lose an entire way of life and our only means to balance power with those whom mean to exploit us.

C

Personally, an Remington 700 is a far more effective weapon. Snipers dominate battefields. And honestly, do you really think there will be a civil war between civilians and the .gov?

I love guns as much as anyone here. I shoot 2-3 times a week and compete in IDPA, SCSA, and .tac rifle matches almost every weekend.

No I honestly don't believe there will be a civil war between civilians and government because Soldiers and Law Enforcement are equally fucked by this legislation outside of their duties. Also being an ex-soldier myself I still feel bound to uphold the Constitution of the United States against all enemies. The politicians don't trust you unless you are under their control, hence retired LEO's or Military will be fucked just like everyone else. We wouldn't want a thinking ex-Marine to have a semi-automatic rifle now. Hell that kind of rogue might just figure out he's paying 60% of his pay in taxes to Federal, State, and Local in order to support border jumpers who need health care.

The only way we can turn this country around is when the LEO's, Military, and Patriotic Civilians realize they are fucked in this together.

C

Posted: 2/25/2007 7:07:27 PM EDT

[#50]

Quoted:
Trust me, people will line up to buy every last piece of "AWB" related metal and plastic for their own use and thier children's use without needing your generosity. But good luck building up that stripped lower when parts are banned.

Parts kits may be banned; individual parts won't be. I'm buying enough spares to keep my weapons running for a long time anyways.

People, I'm not talking about spending even a $1000 on receivers. I'm talking buying maybe two AR lowers (one for me, one for someone else--maybe sold cheap as a gift to a friend), and a Ruger 10/22 lower (possibly will become a 2nd 10/22 for me, possibly for future sale).

[ARCHIVED THREAD] - Investment Opportunities as a result of HR 1022 (AWB)? (Page 1 of 2)

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