| User Info
| New Investment Idea: High-Capacity Magazines in forum [Market-Ticker]
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Flaps10
Posts: 5156
Incept: 2008-10-17
seattle
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Careful though. David Koresh bought tons of stripped AR lowers (a piece of metal with a serial number) as an investment for his group.
Didn't work out well.
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"Better to die on your feet than live on your knees"
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Jotapay
Posts: 16726
Incept: 2008-08-26
Austin, Tx
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I've thought this same thing since 2004 when the AWB expired. It was just a matter of time until the next serious attempt was made to ban them again. Prices will skyrocket again after the ban.
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Marvinmartian
Posts: 750
Incept: 2011-03-16
Pasadena, CA
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The only place I've ever needed a high capacity magazine is in a timed exercise.
Its a macho accessory, but if its really needed than I'd much rather be a long ways away from the scene.
I'm much rather stock up on primers & other reloading supplies.
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Flaps10
Posts: 5156
Incept: 2008-10-17
seattle
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Marvin, you're missing the point. If you didn't already buy primers you'll find them scarce now - and expensive.
OTOH if, for example, you purchased an ass load of Pmags a few months ago for $12 each then you can handily turn a profit.
If you're more comfortable holding things you actually use then I hope you bought an ass load of primers over the last year or so. News of a 500% tax on ammo would make your stash look pretty good won't it?
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"Better to die on your feet than live on your knees"
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Sean
Posts: 1766
Incept: 2009-04-21
Online
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Quote:Here's my politically-incorrect response to all of them: My idea - buy more HC mags tomorrow!
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* I think Ann Barnhardt is more and more right. God help us!
* Progressives / Marxists / Communists are many things, STUPID and IMPATIENT are not two of them.
* A hot civil war is coming.
* And people wonder why I prep!
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Splashdown
Posts: 556
Incept: 2010-04-05
Central Illinois
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So what are they saying....If this 'Cyber Secerity' bill passes Glock can't ship a gun into the US with a > 10 round magazine?!?!?! I guess we will all be relegated to just a six shooter revolver.
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Creditcalmass
Posts: 1636
Incept: 2008-06-04
New Englands Rising Star
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I already have 4 pmags, buying 4 more after work couldn't hurt, right?
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"True strength lies in gentleness"
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Mpilar
Posts: 5587
Incept: 2009-01-05
Nashville, TN
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Quote:I already have 4 pmags That's it?! Quote:buying 40 more after work couldn't hurt, right? Fixed...  Quote:OTOH if, for example, you purchased an ass load of Pmags a few months ago for $12 each then you can handily turn a profit. Still available at $11 online...
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Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats. H. L. Mencken
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Otiswild
Posts: 5617
Incept: 2009-03-09
Inside you, the force is!
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Lowbeyond
Posts: 16891
Incept: 2008-02-11
CO aka West NJ/East CA
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need ? heh
i guess you don't need all those primers either, and you certainly don't need the bullet buttons in CA
hell i don't _need_ most of the crap that i have.
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Maybe it was a birdy bread-bomber from the future?!
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Flaps10
Posts: 5156
Incept: 2008-10-17
seattle
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During the 94 AWB the mags produced had to be date stamped and had big dents in the sides so you couldn't removed a floor plate, change a spring, etc to make them high capacity. Companies like Para Ordnance (known at the time for double stack 1911s) went on 24/7 production of high cap magazines in order to extend demand and get them in storage before the date requirement kicked in. They would then sell the gun with a 10 round mag, but include a certificate to allow you to purchase two high capacity magazines out of stock at a later date. Quote:Still available at $11 online... ...at some point my friend.
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"Better to die on your feet than live on your knees"
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Frat
Posts: 1935
Incept: 2009-07-15
NKY
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**** them.
**** every last one of those freedom-hating, statist-fellating, goat-****ing cock-gobblers in their lying, theiving, mostly retarded cum-holes they call mouths! *******n them ALL to hell! ****, judging by their districts, they REPRESENT hell on most fronts. THEY deserve to be the first ones against the wall when the revolution that they're FORCING on this country comes.
I can't ****ing SEE straight I'm so ***********ed off right now. I'd love to shove my pmag collection in all their *******s - SIDEWAYS!!!! Dammit, it's just a shame I lost them all in that tragic boating accident. Guess I'll have to price some more out to cover my losses. And quickly, it appears.
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We're ****ed. Where's Henry Bowman when you need him?
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Flaps10
Posts: 5156
Incept: 2008-10-17
seattle
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The TF champion of rants has spoken.
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"Better to die on your feet than live on your knees"
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Gates
Posts: 6271
Incept: 2008-01-29
Scottsdale
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Lol - I'd love to own a gun store right now, assuming you could re-stock it - I don't see this passing personally but A LOT of **** is going to be panic purchased... I remember getting $550 for a Beta-C mag in the late 90's:-) could be re-purchased for $240 after the ban expired...
EDIT - all bets are off on the not passing thing if we get a couple more "Batman" nut job situation's...
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Delphis
Posts: 1015
Incept: 2009-06-04
Washington
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Boxher and Feinschtein...big surprise there. I remember when Feinstein went door to door in SF and asked for your gun...
They were offering a price club $50 gift card or something...
It is a pity that was just days after my horrible boating accident while trandsporting all of my firearms...
Sorry Senator...
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"Two things are infinite: the universe and human stupidity; and I'm not sure about the universe."....Albert Einstein
"Be courteous to all, but intimate with few, and let those few be well tried before you give them your confidence."...George Washington
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Burke13
Posts: 32
Incept: 2010-02-22
Texas
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That "sponsored by" list reads like a who's-who of Senators: Boxer, Feinstein, Schumer. Pretty much the All-Star team right there.
Thanks for the heads up Karl, I'm in for 10 Magpul PMAGs.
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Genesis
Posts: 130717
Incept: 2007-06-26
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I don't have a particular need for any high-cap mags but it's damn tempting to pick up a whole ****ing case or three of the GI-style ones -- not because I have a use for them, but simply for investment purposes.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Gates
Posts: 6271
Incept: 2008-01-29
Scottsdale
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well - if memory serves they (the alum. version 30 rounders) we're in the mid $30's during the ban but there was an understanding that if you waited until '94 and the sunset you could buy them cheaper - if these asshats manage to pass it again there likely won't BE a sunset...
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Genesis
Posts: 130717
Incept: 2007-06-26
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They basically tripled in price during the ban. The thing is, if there's no "sunset" this time what will the price be? Triple? 5x original? 10x?
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Gates
Posts: 6271
Incept: 2008-01-29
Scottsdale
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Whatever the seller decides to ask for them - kinda like pre-86 transferrable machine guns - the supply will be finite.
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Mpilar
Posts: 5587
Incept: 2009-01-05
Nashville, TN
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It may be more than that...because the proposed law specifically prohibits selling them, and if phrased differently than last time, even pre-existing ones may be 'unsalable' except on the black market.
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Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats. H. L. Mencken
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Gates
Posts: 6271
Incept: 2008-01-29
Scottsdale
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Pretty sure I saw a "pre enactment" clause in there - wait one...
Edit:
Clause (i) shall not apply to the possession of a large capacity ammunition feeding device otherwise lawfully possessed within the United States on or before the date of the enactment of this subsection.
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Tsherry
Posts: 193
Incept: 2008-12-09
Spokane WA
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Good move Karl, using the flaming finger.
A red dot or cross hair would be out of the question....for the moment.
Wise investment though, prices will go up, availability on popular calibers will decrease, back order times will increase.
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Splashdown
Posts: 556
Incept: 2010-04-05
Central Illinois
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What I read was, "would make it illegal to transfer or possess large capacity feeding devices"
So, it sounds to me like you can't tranfer after a certain date. Now, how they would track transfers without having S/Ns added to the "feeding devices" I have no idea.
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