More on the gun glut gripping the nation.
US gun purchases soared during the virus pandemic after the government forcibly locked down the economy. Demand for firearms surged again following the outbreak of civil unrest nationwide. However, the demand for firearms has sunk to a four-year low, indicating the possible end of this boom. Yet, it’s only a matter of time before gun-buying surges again, given the potential unrest in American cities, as law-abiding citizens carefully watch the turmoil in France.
According to data from the FBI’s National Instant Criminal Background Check System (NICS), unadjusted criminal background checks fell 11% to 2.26 million in June, the lowest since September 2019. Background checks decreased by 12% from 2.57 million compared to a year earlier. NICS checks were down 51% from 4.69 million (a record high) in March 2021.
The article goes on to show how this has hammered the stock of Smith & Wesson, who is now offering a rebate for three free magazines on the purchase of a wide line-up of their Shield and M&P pistols. Also this chart for 9mm ammo prices….
While 5.56/.223 is stubbornly too high, 9mm is available and down to around $.14/round.
Even with gun sales plummeting, Americans still buy a TON of guns.
Data from the FBI shows that 1.1 million background checks were conducted in June for likely gun purchases and transfers, according to the National Shooting Sports Foundation.
It was the 47th consecutive month that gun sales have surpassed 1 million, the Washington Examiner reported.
The FBI data shows that 2.1 million background checks were performed by the FBI in June, with 1.1 million likely being for gun purchases and transfers. The remainder was for carry and other security permits.https://archive.vn/yOhrr
For four years running, Americans have purchased at least one million guns per month, it was higher during the Summer of Love George Floyd riots era so that means close to or more than 50 million firearms into private hands in a four year period.
It is hard to imagine how historically unprecedented this is and why gun control is so important to Them. North of one hundred million Americans have at least one firearm in the home and tens of millions of us have lots more than one and have some level of training with them, from amateurs like me to the millions of vets and retired cops who have professional training in the use of a firearm. Americans have always had a lot of guns but not guns like these, with tens of millions of Americans possessing rifles capable of accurately shooting out to 500+ yards and AR platform rifles with reliable 30 round magazines you can get for under $10.
Keep it up boys, stack the guns, upgrade the ones ya got, train with them all and keep plenty of ammo on hand. It makes Them mad when you are armed and that is the best reason I can think to keep buying.