The FAL Files  

Go Back   The FAL Files > News & Political Discussion > Economics & Investing

Notices

Reply
 
Thread Tools Display Modes
Old July 18, 2018, 16:01   #1
Bawana jim
Registered
 
FALaholic #: 17482
Join Date: May 2005
Location: west coast
Posts: 18,097
A wee bit of speculation

So I noticed gold down to $1227 today which I find odd with so much political turmoil here. Plus I see ammo down from two years ago and very available now. AR 15s are down below $500 nib and powder and primers have gone down too and are available.

So betting on the future would you consider buying some of these products now or would you wait for them to fall more?

What would the value of all these products be if Trump was forced out of office?
__________________
When youth departs may wisdom prove enough
Bawana jim is online now   Reply With Quote
Old July 18, 2018, 16:11   #2
okiefarmer
Curio & Relic
Gold Contributor
 
FALaholic #: 3248
Join Date: May 2001
Location: northern Oklahoma/green country
Posts: 3,835
Quote:
Originally Posted by Bawana jim View Post
So I noticed gold down to $1227 today which I find odd with so much political turmoil here. Plus I see ammo down from two years ago and very available now. AR 15s are down below $500 nib and powder and primers have gone down too and are available.

So betting on the future would you consider buying some of these products now or would you wait for them to fall more?

What would the value of all these products be if Trump was forced out of office?
Many market players practice a “step up” buying program, averaging prices on the way up(and/or down). We don’t know when the next “never waste a good crisis” event will be manufactured. Me, I’d just keep buying in moderation.
__________________
"We are told not to judge Muslims based on the actions of a few. I suggest we give millions of responsible American gun owners that same courtesy."
okiefarmer is online now   Reply With Quote
Old July 18, 2018, 16:15   #3
bubbagump
Stand-Up Philosopher
Silver Contributor
 
bubbagump's Avatar
 
FALaholic #: 21705
Join Date: Nov 2006
Location: Marietta, Georgia
Posts: 9,372
Quote:
Originally Posted by Bawana jim View Post
So I noticed gold down to $1227 today which I find odd with so much political turmoil here. Plus I see ammo down from two years ago and very available now. AR 15s are down below $500 nib and powder and primers have gone down too and are available.

So betting on the future would you consider buying some of these products now or would you wait for them to fall more?

What would the value of all these products be if Trump was forced out of office?
You know what I think about gold but I'll say it again. Not enough upside, it's still awfully expensive when you consider it's historical price with respect to silver. If you must go with PMs, consider silver.

Guns, ammo and other ballistic wampum is always good provided you can store it. At these prices it's pretty safe, at least it's hard to imagine the price of an AR-15 to drop much more. Especially ammo, it's almost always a safe buy and ammo will get scarce before launchers do.

To the real question, what happens if the Donald is driven from office, well I would expect the new order they call globalism will surge again. If someone thinks that will happen I'd be investing more in multinationals. Who knows, maybe even GE will come back. Although I kinda doubt it personally.
__________________
Urban free range hippies are pushovers. Especially with a D-9 Cat. -L. Haney
If God wanted us to carry Glocks, John Browning would have invented them. -shooter_37
bubbagump is online now   Reply With Quote
Old July 18, 2018, 16:43   #4
tdb59
Are We Awake ?
Bronze Contributor
 
tdb59's Avatar
 
FALaholic #: 63177
Join Date: Mar 2011
Location: ironsman.com
Posts: 9,915
Components, especially anything Red Metals based.



................
__________________
"Go see some old friends. Drink some punch, visit with what's-her-name. Don't kill anybody for a few days -- see what it feels like."

...............
tdb59 is online now   Reply With Quote
Old July 19, 2018, 09:56   #5
Bawana jim
Registered
 
FALaholic #: 17482
Join Date: May 2005
Location: west coast
Posts: 18,097
Gold dropped another $11 overnight..
__________________
When youth departs may wisdom prove enough
Bawana jim is online now   Reply With Quote
Old July 21, 2018, 11:22   #6
rowjimmy
Dinosaur
Gold Contributor
 
FALaholic #: 21662
Join Date: Nov 2006
Location: Central PA
Posts: 12,051
Pallets of condoms and lube for the post-apocalypse.
rowjimmy is online now   Reply With Quote
Old July 21, 2018, 19:56   #7
tdb59
Are We Awake ?
Bronze Contributor
 
tdb59's Avatar
 
FALaholic #: 63177
Join Date: Mar 2011
Location: ironsman.com
Posts: 9,915
Quote:
Originally Posted by rowjimmy View Post
Pallets of condoms and lube for the post-apocalypse.
Let me guess.... Vodka and chocolates for the pre-apocalypse....





.......................
__________________
"Go see some old friends. Drink some punch, visit with what's-her-name. Don't kill anybody for a few days -- see what it feels like."

...............
tdb59 is online now   Reply With Quote
Old July 23, 2018, 22:16   #8
Bawana jim
Registered
 
FALaholic #: 17482
Join Date: May 2005
Location: west coast
Posts: 18,097
Looks like the answer is already laid out for us...

http://www.freerepublic.com/focus/f-news/3673279/posts
__________________
When youth departs may wisdom prove enough
Bawana jim is online now   Reply With Quote
Old July 24, 2018, 16:20   #9
RG Coburn
Registered
 
FALaholic #: 27406
Join Date: Mar 2007
Posts: 20,123
Quote:
Originally Posted by tdb59 View Post
Let me guess.... Vodka and chocolates for the pre-apocalypse....





.......................
Bill Cosby preferred qualudes over chocolate...
RG Coburn is online now   Reply With Quote
Old July 24, 2018, 17:07   #10
meltblown
Registered
Bronze Contributor
 
FALaholic #: 34604
Join Date: Feb 2008
Location: SA Tx
Posts: 12,587
Paying off liabilities to lower risk and then polishing up a the resume is my plan. I’ve had 3 rental properties that have been bleeding me dry for the last 10 years . Down to 1 and having to spend 15k to get it up to speed.

Picking up a couple of guns here and there. But not for investing more for shooting and fondling. They’ll probably appreciate more than gold.
__________________
Pain is inevitable, suffering is optional.

Expect the worst, and you'll never be disappointed.

Before trying to beat the odds, make sure you can survive the odds beating you.
meltblown is online now   Reply With Quote
Old July 24, 2018, 23:00   #11
wanneroo
Registered
 
FALaholic #: 74891
Join Date: Oct 2014
Location: Tioga County, PA
Posts: 1,284
The next ammo crisis is always around the corner. If you adjust current prices for inflation, we've got it cheap right now.

I have a few gaps in my inventory of ammo and reloading supplies I could add too, but really at the moment I could shoot for years with no worries.
wanneroo is online now   Reply With Quote
Old July 25, 2018, 06:00   #12
easttex
Registered
 
FALaholic #: 20438
Join Date: Jul 2006
Location: Fort Worth, TX
Posts: 3,238
Quote:
Originally Posted by meltblown View Post
Paying off liabilities to lower risk and then polishing up a the resume is my plan. I’ve had 3 rental properties that have been bleeding me dry for the last 10 years . Down to 1 and having to spend 15k to get it up to speed.

Picking up a couple of guns here and there. But not for investing more for shooting and fondling. They’ll probably appreciate more than gold.
Sans rental houses, that sounds like my plan as well. If things stay on track, I should be completely debt free and stacking all those payments into savings by April. I plan on buying up all the ammo that I can over the next year as well as maxing out the retirement deposits and buying some gold as well. We haven't bought another house since moving to Fort Worth yet, but that's on the horizon as well.
__________________
Chance favors the prepared mind.

Molon labe
easttex is online now   Reply With Quote
Old July 25, 2018, 11:40   #13
Bawana jim
Registered
 
FALaholic #: 17482
Join Date: May 2005
Location: west coast
Posts: 18,097
I might start raising chickens, looks like eggs may be the new dollar when the system collapses. Folks gotta eat.
__________________
When youth departs may wisdom prove enough
Bawana jim is online now   Reply With Quote
Old July 25, 2018, 11:57   #14
bubbagump
Stand-Up Philosopher
Silver Contributor
 
bubbagump's Avatar
 
FALaholic #: 21705
Join Date: Nov 2006
Location: Marietta, Georgia
Posts: 9,372
Quote:
Originally Posted by RG Coburn View Post
Bill Cosby preferred qualudes over chocolate...
__________________
Urban free range hippies are pushovers. Especially with a D-9 Cat. -L. Haney
If God wanted us to carry Glocks, John Browning would have invented them. -shooter_37
bubbagump is online now   Reply With Quote
Old July 25, 2018, 12:06   #15
Scout10
Registered
Contributor
 
FALaholic #: 80494
Join Date: Dec 2017
Location: 44.957329 @ 85.4844498
Posts: 195
Look at what is happening to the housing market AGAIN !
Prices have skyrocketed up +30 % or more past 8 - 12 months.
Qualifications have been lowered to squeeze more buyers into the market as the interest rate creeps up.
Californacation, leds the way pricing actual "uninhabitable" housing property
at the $1Million mark. How the heck can anyone ? ? out there.
Another housing and economy bump in the road lurking around the corner ? ? ? ? ?

strange times at Ridgemont High market volitility isn't helping any
Scout10 is online now   Reply With Quote
Old July 26, 2018, 19:54   #16
Timber Wolf
Registered
 
FALaholic #: 805
Join Date: Aug 2000
Location: Southern U.S.
Posts: 4,683
My honest opinion, and what I am doing. Buy what you want and will reasonable use/need down the road. I am not hoarding anything else I will have to mess with finding a buyer for. I hate dealing with tire-kickers. I found two dusty bottles of Pyrodex P on a bottom shelf of a gun store last week with old price stickers. Bought them both, sealed cans of powder keeps well and I just bought another Ruger Old Army and another .32 caliber BP rifle so it will get shot up someday. But, and I truly mean this, I recommend to hoard cash. Times are good, work some OT and bank it. When the next bust comes, they always do, buy stuff on the cheap.
__________________
First rule of gun fighting: "have a gun!"

"Guns don't kill people. Daddys with good looking daughters do!"
Timber Wolf is offline   Reply With Quote
Old July 27, 2018, 13:37   #17
Bawana jim
Registered
 
FALaholic #: 17482
Join Date: May 2005
Location: west coast
Posts: 18,097
I see they banned ammo and gun sales after the killings in Canook land. Having extra to turn a big profit might be worth the investment. Heck kali regulates ammo now so what does the future bring?

https://www.breitbart.com/big-govern...nday-shooting/
__________________
When youth departs may wisdom prove enough
Bawana jim is online now   Reply With Quote
Old Yesterday, 16:56   #18
Wil-C
Registered
 
FALaholic #: 17357
Join Date: Apr 2005
Location: Tx.
Posts: 1,054
Quote:
Originally Posted by Bawana jim View Post
So I noticed gold down to $1227 today which I find odd with so much political turmoil here. Plus I see ammo down from two years ago and very available now. AR 15s are down below $500 nib and powder and primers have gone down too and are available.

So betting on the future would you consider buying some of these products now or would you wait for them to fall more?

What would the value of all these products be if Trump was forced out of office?
I'd purchase gold only as a store of wealth, not a bartering item. Store wealth for post traumatic event recovery. Purchase in small amounts as time / money permits.
Silver, as previously stated, is a much better coinage / money bartering item and also functions as a store of wealth.
I do whatever silver I can get given gold is out of my price range.

As for firearms, how many does one need? One rifle & handgun for anyone in your immediate family who can use one if needed. Something for the 'rainy day' box is a prudent thing to do.
Beyond that, ammo, reloading components, mags, spare parts, are what should be gotten in roughly that order. Once that's reasonably accomplished, mags & spares are good? ammo, reloading components, training, is the 'to-do' thing.

Collecting is probably a fun hobby, however I see too many people with a huge amount of money tied up in a massive collection, and still looking for "that next gun". They don't have squat for real preparation or insurance against a rainy day. Nowhere near enough ammo or anything on that list.

I purchase a bit at a time now, the panic of the last decade is finally over with so things are available. I don't worry if prices are going to get any lower, whatever price I pay now is what I pay, rather have it than endure the past 10 years again.
__________________
"A gun is a tool" .....Shane.
Wil-C is offline   Reply With Quote
Old Yesterday, 21:15   #19
Bawana jim
Registered
 
FALaholic #: 17482
Join Date: May 2005
Location: west coast
Posts: 18,097
Wish I had a
__________________
When youth departs may wisdom prove enough
Bawana jim is online now   Reply With Quote
Old Today, 12:45   #20
bubbagump
Stand-Up Philosopher
Silver Contributor
 
bubbagump's Avatar
 
FALaholic #: 21705
Join Date: Nov 2006
Location: Marietta, Georgia
Posts: 9,372
Quote:
Originally Posted by Wil-C View Post
I'd purchase gold only as a store of wealth, not a bartering item. Store wealth for post traumatic event recovery. Purchase in small amounts as time / money permits.
Silver, as previously stated, is a much better coinage / money bartering item and also functions as a store of wealth.
I do whatever silver I can get given gold is out of my price range.

As for firearms, how many does one need? One rifle & handgun for anyone in your immediate family who can use one if needed. Something for the 'rainy day' box is a prudent thing to do.
Beyond that, ammo, reloading components, mags, spare parts, are what should be gotten in roughly that order.
Once that's reasonably accomplished, mags & spares are good? ammo, reloading components, training, is the 'to-do' thing.

Collecting is probably a fun hobby, however I see too many people with a huge amount of money tied up in a massive collection, and still looking for "that next gun". They don't have squat for real preparation or insurance against a rainy day. Nowhere near enough ammo or anything on that list.

I purchase a bit at a time now, the panic of the last decade is finally over with so things are available. I don't worry if prices are going to get any lower, whatever price I pay now is what I pay, rather have it than endure the past 10 years again.
The late great Jeff Cooper used to describe ammo as ballistic wampum. Easily as good for barter as gold is, probably a whole lot better when it matters. As to collectors they're targets for the great unwashed. You are absolutely right about 'how many do you need', the answer is probably three. One battle rifle, one backup piece and a handgun. Or one for carry, one for the truck and one strategically hidden away if ya prefer.

One thing I have noticed is with a few exceptions collectors are, by and large not shooters. Some shooters are collectors but rather than acquire one of each we decide which ones are the ones to have and then pick up several. Perhaps it can be called collecting but it ain't quite the same thing.
__________________
Urban free range hippies are pushovers. Especially with a D-9 Cat. -L. Haney
If God wanted us to carry Glocks, John Browning would have invented them. -shooter_37
bubbagump is online now   Reply With Quote
Old Today, 12:48   #21
tdb59
Are We Awake ?
Bronze Contributor
 
tdb59's Avatar
 
FALaholic #: 63177
Join Date: Mar 2011
Location: ironsman.com
Posts: 9,915
Quote:
Originally Posted by bubbagump View Post
Some shooters are collectors but rather than acquire one of each we decide which ones are the ones to have and then pick up several. Perhaps it can be called collecting but it ain't quite the same thing.
I am not a hoarder, and I can stop anytime I want to.....


.........really want to......




..........................
__________________
"Go see some old friends. Drink some punch, visit with what's-her-name. Don't kill anybody for a few days -- see what it feels like."

...............
tdb59 is online now   Reply With Quote
Old Today, 13:04   #22
Bawana jim
Registered
 
FALaholic #: 17482
Join Date: May 2005
Location: west coast
Posts: 18,097
Guns and ammo are just putting your money into something physical that will have the same value. I would rather have a good fiream than equivalent value in gold, I can hunt food with a gun but can only trade gold. Wealth is wealth and lots of guns wouldn't hurt a thing if that's what a fellow wants. Guns can be turned into money.
__________________
When youth departs may wisdom prove enough
Bawana jim is online now   Reply With Quote
Old Today, 13:10   #23
bubbagump
Stand-Up Philosopher
Silver Contributor
 
bubbagump's Avatar
 
FALaholic #: 21705
Join Date: Nov 2006
Location: Marietta, Georgia
Posts: 9,372
Quote:
Originally Posted by tdb59 View Post
I am not a hoarder, and I can stop anytime I want to.....


.........really want to......




..........................
Hoarder is probably a better word for it. I prefer the term 'undocumented armorer' myself.

Quote:
Originally Posted by Bawana jim View Post
Guns and ammo are just putting your money into something physical that will have the same value. I would rather have a good fiream than equivalent value in gold, I can hunt food with a gun but can only trade gold. Wealth is wealth and lots of guns wouldn't hurt a thing if that's what a fellow wants. Guns can be turned into money.
A weapon is, quite literally priceless when you really really need one.
__________________
Urban free range hippies are pushovers. Especially with a D-9 Cat. -L. Haney
If God wanted us to carry Glocks, John Browning would have invented them. -shooter_37
bubbagump is online now   Reply With Quote
Old Today, 13:27   #24
Bawana jim
Registered
 
FALaholic #: 17482
Join Date: May 2005
Location: west coast
Posts: 18,097
Quote:
Originally Posted by bubbagump View Post
Hoarder is probably a better word for it. I prefer the term 'undocumented armorer' myself.



A weapon is, quite literally priceless when you really really need one.
Back in the 80s I was working a high dollar contract and bought 21 really good guns, most guns I had ever owned. Government destroyed work with the spotted owl and I ended up selling every gun, guns were just money in your hands and not in the bank.

Another point, cash can be stolen by the cops if you can't prove it's yours but guns are easy to prove ownership.
__________________
When youth departs may wisdom prove enough
Bawana jim is online now   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT -5. The time now is 14:16.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2018, vBulletin Solutions, Inc.
©1998-2018 The FAL Files