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RE: Firearms and Ammo as a Hedge Against Inflation by CarteachO

Wednesday, April 17, 2013 21:33
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CarteachO wrote a great post awhile back and recently updated it. Given our current environment with looming inflation and the gun grabbers temporarily held at bay the advice is especially timely. My thoughts in no particular order are.

- Obviously you still need food, medical stuff, an emergency fund and
such but if there is some extra money left over a few spare guns are a
fine place to park some cash.

- Basic guns can offer a lot of value and were not inflated in price by firearmagedon. They also make great loaner guns in case an under equipped but reasonably competent loyal friend or neighbor needs help. The basic guns (quality .38, Moss 500/ Rem 870 12 gauge, .22 rifle or 30-30/30’06) can be found pretty regularly at very good prices. At the right prices Mosin Nagants and SKS’s are also valid options. I think if you can afford it the idea of having a few extra’s sure beats deciding which of your core guns to arm somebody with.

-In my various gun selling dealings lately it’s become apparent to me that guns hold their value over time pretty well assuming they stay in the same condition. Used but not abused guns are probably best as they already have the inevitable couple nicks and scratches with depreciation to match.

-Private party purchases are best. They are typically where you will get the best deals and there is a bonus lack of paper trail.

-Like any financial vehicle you make or lose a significant amount of the potential profit at time of purchase. Being patient and reasonably flexible helps. Also you need to be able to get cash fast as many great gun deals are somebody who needs cash right now.

-Divisibility is important so instead of having 1 gun work $2,500 I would suggest several guns that add up to the same value.  

- You can never have too much ammo stored away in ammo cans. To make things easier get hedge guns in calibers you shoot and stock already. Have some mags and ammo to sell/ trade with the gun. During an emergency or another firearmagedon just the gun isn’t too useful while a gun with 4+ magazines and a couple boxes of ammo would sell itself.

Over the next few years assuming no significant change in gun laws or any SHTF, personal or otherwise, we will probably squirrel away several hedge/ loaner guns. A set of basic guns with an extra revolver is more or less my personal goal. As described above each would have a complete if simple setup with some ammo, mags if applicable and a needed accessories. If we got there as time went by more friends might show up to be test fired, cleaned, lubed and put away.



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