Such regulation ultimately failed to materialize. That, if you recall, was an election year in which many gun buyers worried the federal government might take action to restrict sales of semiautomatic rifles such as the AK-47.
The upshot for investors Now, it's important to note that biggest movement in AK-47 rifle prices - a 155% run-up from $519 to $1,249 - came over the course of the 12 months between January 2012 and January 2013. As a result, investors in Sturm, Ruger have outperformed investors in Smith & Wesson - and investors in AK-47 rifles, too. Even after its recent sell-off, shares of Sturm show an impressive fourfold return over 2007 prices. Sturm, Ruger has done better, delivering tremendous returns to its investors - as much as an eightfold profit at its height earlier this year. I've compiled data provided to me by the good folks at - one of the Internet's largest retailers of new and used firearms - describing the fluctuations in retail price of one popular AK-47 rifle model that Bud's has sold since 2007: the Romanian-manufactured Wassenaar Arrangement Semiautomatic Rifle. firearms market in particular - things can work a bit differently in practice. At the local level, though - within the regulated U.S. and the reality At least, that's how things work in theory, and on a global scale. With each passing year, weapons manufacturers such as Smith & Wesson ( NASDAQ:SWBI) and Sturm, Ruger ( NYSE:RGR) here in the U.S., and their counterparts abroad, are sending new guns to market - which tends to push "used" gun prices down. In one widely cited example, Foreign Policy magazine editor Moises Naim noted that in 1986 the price of an AK-47 in Kenya approximated the value of "15 cows." By 2005, that same AK-47 rifle could be purchased for just four cows. They're not finite resources that can be exhausted, but renewable resources that can be infinitely replenished. In theory, the answer is that, unlike investments in land, gold, or for-sale historical relics, workaday firearms such as the AK-47 can be manufactured brand-new on factory floors. As a general rule, guns such as the AK-47 don't perform quite as well as investments. Truth be told, profits like that earned at the Wyatt Earp revolver auction come but once in 150 years.
0 kommentar(er)
