My prediction is that prices will go up in general, especially on EBRs and other semi autos. Everybody and the mother is buying guns right now (good for us), including an Obama supporter in my office
! Despite the panic you see on TV and reflected in the up and down market,
most people are still going to work everday as usual, working hard and bringing home the bacon. My guess is that the number of folks having to dump their guns for cash is outweighed by the sheer demand out there. My local gunshop said their sales are up about 35% over the same time last year.
Perhaps a bit off topic, but though times are certainly turbulent, the fact that we are in an election year is magnifying everything to absolutely rediculous proportions. Heck, the latest numbers are out from the Bureau of Economic Analysis and Gross Domestic Product actually went up a respectable 2.8% Imagine that! Think Chicken Little on the nightly news will report that?
Recession: A period of two quarters of negative GDP growth.
By definition, we aren't in a recession, despite what all the goobers on TV pontificate. That's not to say that things aren't tough out there for a lot of folks; I just get irritated as heck when the word is mis-applied, that's all.