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Sturgeon's House

Colt Defense Has Died


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There is a theory that the US is actually overstocked for firearms.  If hoarders released even a part of the stocks of weapons they are holding waiting for legislation to drive prices us, then the market would crash all but the rare and historical weapons.  Much of these stocks are ARs, AKs, and 9mm handguns, which it is hard to see becoming rare enough to double their value.  


This is not to say firearms are not a good investment.  A well selected portfolio will beat inflation and can be rapidly converted.  However Colt and a lot of other manufactures are showing that without military contracts, there is not enough civilian demand to keep them going.

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