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Odds 'n Sods:
A brief update on magazine prices that I've observed in gun shops and at recent
gun shows: M16 (AR-15) magazines have jumped from around $17 in October to
close to $40 each.
The hot seller in that category, BTW, seems to be MagPul PMAGs. The once cheap
and plentiful US M1 Carbine 15
round
magazines were under $3 each in the early 1990s. After the 1994-2004 Federal
ban expired, they were around $8. But in just the past two weeks they've catapulted
to
$25. The
so-called "SWAT" factory
original 20 round SIG P226 magazines went from $36 to $60. "Glockamole"
original 33 round Glock 9mm magazines went
from
$28 to $59
each.
Needless to say, these
are substantial
jumps,
and
I expect
much larger
price increases, as BHO's
inauguration date closer. There is intense speculation on the chances
of a "high
capacity" magazine
import ban via executive order. Absent a ban, new production will catch up
with demand and prices will normalize, but before that happens I suspect that
BHO will unleash a flurry of executive orders in his first few weeks in office.
One of those decrees
will very likely be a magazine import ban. In my estimation there is 90% chance
of an import ban from the executive branch, and a better than 50% chance of
a renewed
domestic
production ban, through an act of congress. My advice: Buy
any top quality magazines that you can find at reasonable prices. Presently,
they are better than money in the bank.
o o o
We've received another flurry of news and commentary from The Economatrix.
At the top of the list is a
"must read" piece by Marty Weiss; Citigroup collapses! Banking
Shutdown Possible --
Financial
Crisis Thanksgiving
in America -- Gold
Set to Explode Higher on Inflation -- Investors
Dump Dollars,
Fiat Paper for Gold -- Banks
Still Refusing to
Lend -- China
Cuts Interest Rates as Panic Spreads -- Toyota
Woes Deepen, Ratings Downgraded -- GM
Goes Begging in Europe -- Goldman's
US Gov't-Backed Bond Opens the Way for Others -- Fed "Spitting
in the Wind" with New $800 Billion Gambit? -- Food
Prices Will Rise Next Year Causing Export Bans, Riots
o o o
Robert at JRH Enterprises mentioned
that they are having their third annual "Black
Friday" sale.
Dozens of items have been considerably marked down, including several that
are downright "loss
leaders." The sale will be extended to Sunday, this year. Don't miss teh TRC3A Wireless Seismic Intrusion Detector sets!
o o o
The Werewolf (our correspondent in Brazil) recommended the novel Liberation:
Being the Adventures of the Slick Six After the Collapse of the United States
of
America. The novel is available in paperback. Probably not of much
value to buy as
a
reference,
but you might see if your local library has a copy.
o o o
David V. tipped us to a
great piece by Mish Shedlock about the New Jersey State Pension Fund fiasco.
This is starting to play out just like I have been warning since March
of 2008.
