Building up a skill set can easily be argued the most critical survival ability available. One skill set often overlooked is bartering. Trading a good or service for another. Looking at tangible items, one recent item everyone has noticed is the new price for ammo and certain rifles. The adage “buy low sell high” still applies if you can do so and still maintain your own needed stock.
About four and a half years ago AR-15s were roughly the same inflated cost as today (after BHO was elected), there was a massive panic and parts were scarce. It took four months to get a muzzle brake that I ordered two month prior to the election! At the time I had what I wanted, but no extras. I stayed out of the buying panic and saved. Fast forward six months later, and AR lowers and uppers had dropped to $60 per piece. I bought two of each at that price. Barrels with gas tubes and blocks were around $125, stocks and Lower parts kits around $60. Two complete bolt carrier groups were bought at a local gun show for $110 each. Gradually I built two complete AR-15s as I could afford to. Over the next three year, 5.56mm ammo could be found for $4-$5 per 20 round box at Cabela's and other stores. Again I bought when I had a few extra dollars, not going into debt but taking a bargain when I find it. I filled up my ammo locker plus ammo cans over those plentiful years. Not hoarding, no one else was buying at that time I was just stocking up when it was inexpensive.
Spent on building each AR:
$125 barrel, gas block, handguard and accessories.
$60 Lower Parts Kit
$110 bolt carrier
$10 charging handle
Today history repeats and those two AR-15s I built for $500-$600 dollars sold for $1,100-$1,300. People were glad to find them at that price and I had many potential buyers. Ammo sold for $20 a box and again I had to turn people away. This allowed me to buy a .50 BMG rifle and 100 rounds of ammo plus solar panels and equipment. I do not view this as taking advantage of anyone, they may find that the rifles are worth double in a year or less. Personally I use a gun forum for selling firearms. If you plan to as well please post that you will follow all applicable laws on your classified ad and if you want to reduce questionable or shady buyers mention transfer at an FFL. I had many cash offers who backed out when I mentioned meeting at a FFL. For the sale met there but we used a local electronic form with checked Licenses/background checks.
The "no background check" media slant is a total fallacy in my state. We pay the $100 license, classes and background checks prior to even getting a license much less a purchase. At the time of purchase the Electronic form is also checked immediately (when it works). Yet the media still proclaims we have no background checks for private sales.
Another interesting point building and selling these AR-15s. I had three for sale, two low-end ARs built from generic parts and one higher end with better manufactures, better parts, more bells and whistles. The lower end ARs sold, the better built AR has still not sold. It cost $1,000 to build but for not sell for $400 more. The $500-600 ar sold for over twice what I paid. Lesson learned, buy decent quantity cheap and have multiples rather than one or two higher end rifles. One buyer of the cheaper AR-15s stated he was going to replace all the hardware with Magpul items. They would not pay more for parts they were going to replace anyway. They wanted a basic AR now.
Scopes can cost as much or more then the rifles in many cases. It is hard to justify $400-$1,500 on a quality trusted brand scope without personally testing each option. Should I buy a holographic unmagnified or magnified? Backup sights? Carry handle? Fixed sights? What magnification? Too many options not enough money. Just to test out options I pick up various clones on eBay for 1/10th the price. Some are well made, some are junk. But I can then find out what I like and the pros and cons of each prior to investing in a good scope. Plus when I sell a rifle I will throw a cheap scope in clearly advertised as a clone.
If the gun market crashes again in the near future I will again take part in a group buy on my gun forum for AR parts and restock. For ammo I will also refill my cabinet, again these are tangibles which reduce the effects on everyone of panic buying. Both have done much better then my 401(k) and my property value. If it was a true emergency or SHTF event I can only imagine what they would be worth. Another buy low option in my toolbox has been group buys. I ran one for my gun forum, I saved 10% on my upper and helped out many like minded individuals. Karma was returned as another member helped me buy bulk ammo. To repeat, I have never hoarded during a panic I had my larder of ammo and sold off some to reduce to panic not increase it.
Also on a buy low, sell high note: Craigslist has many free listings in the fall for summer items. Pools, lawn tractors, gardening equipment, summer items. Same for winter items such as a snowblower, snow shovel in the spring. Take these items if you get a chance and have space. you have 3-6 months to repair these and then resell in when they are in season. Buy low (better yet obtain free) and sell high. Plus you gain repair skills, worst case you scrap it for money to buy.... tangibles!
I have used Craigslist three ways each with its benefits and drawbacks.
On a related "buy low" note: BUY SOLAR PANELS NOW! China flooded the market and undercut the prices driving everyone else out of the business. Then China bought all the US and European equipment in the past three years. China did this with the rare earths and then raised the prices from $4-5 per pound to $150-200 per pound. If history repeats (which is always does) with PV solar as it has with many other areas we are due for a massive price increase soon. The former solar manufacturers are protesting but we have already been “informed” by the MSM that the proposed import taxes only hurt the solar installation companies in those countries. Which is a two faced truth, it does now that China has shut down local production.
“Local production” in Germany and the US were factories in massive aircraft hangers with high volume setups, state of the art setups and robotics very efficient and well planned out. These were not a local machine shop or Mom and Pop shop getting squeezed out.
I visited one such factory in Germany during training for a machine transfer to the US for use outside of solar. I went out to lunch with one of the scientists and and engineers who were about to be laid off. Sad to say they saw no reason for anyone to own a gun even with their own country’s history. I almost mentioned my 85 year old German Aunt, who is Jewish, her family fled the Nazis when they came for her dad. Her dad was a German Judge at the time, fortunately her mom told the young officer to come back at a respectable hour and he left. They fled that night, if her mother had not talked the officer out of the arrest they would have had no way to stop them. What kept me from going that route was their talk of the greatness of BHO and how we was fixing all our problems. This while talking to educated individuals who were being laid off en masse because of the same politics and spending. I knew a lost cause when I saw one. Sad it is a beautiful country with excellent beer, wine and very nice people. Too much Kool aid drinking though.
The USA can only survive for so long as a retailer, not manufacturing much of anything even food is imported from China. Many lathes, tools and mills can be found cheaply now with factories still shutting down. Get the tools and develop the skills, they will be needed. Most AR/AK/FAL gun replacement parts can be made and heat-treated with basic machine shop knowledge. Do your homework for what is legal to make and what is not prior to any projects. Getting these machines is rarely free, if you have extra from selling an AR and or ammo it helps.If you can barter now for a used machine and learn on it. You gain multiple skills and tangible goods for trade. The clock is ticking... Make it count.