Investing In Liberty for Fun and Profit
by
Michael Gaddy
by Michael Gaddy
At this point
in history, I believe the opportunity presently exists for investing
in the tools of liberty in combination with the ability to profit
from the exchange. To any discerning, educated mind, the ability
to purchase firearms and ammo could be rapidly coming to an end.
FBI records
indicate the National Instant Criminal Background Check System (NICS)
experienced over 900,000 more requests (Form 4473) to purchase firearms
in the last quarter of 2008 than the same period for 2007. This
figure does not reveal the number of private purchases that occurred
over the same period.
This significant
increase has created industry-wide shortages in several different
firearm model offerings, predominantly in the so-called "assault
weapon" categories. A friend who is employed by a sporting
goods chain in a large Southwestern US city, told me a couple of
days ago that his store received a shipment of 10 Rock
River Arms AR-15, M4 firearms and they all sold in less than
an hour. The flashing "Notice" sign at RRA’s website is
indicative of the present demand for this product.
I have found
the Rock River offering to be the finest AR-15 platform available
in this genre of weapons. While I am not a fan of the .223 round
for self-defense, the weapons platform is an exceptional choice.
Bushmaster, Stag Arms and DPMS are also very well constructed firearms
in this category.
The great advantage
to the AR-15, M4 platform is the ability to switch calibers by simply
switching upper receivers. My preference is the offering in .458
SOCOM, although several others are available.
AK-47s in all
models and styles have become increasingly popular and have seen
an increase in price based on availability. My research shows that
several American companies now producing AK’s have actually stopped
taking orders for their products, simply being unable to keep up
with the demand. I believe the 7.62x39 round to be much better suited
for defense against man-sized targets than the .223 round. I know
I will receive a large number of emails from folks who disagree
with me on the above, but my past experience led me to this choice.
I do not seek to change anyone’s mind that prefers the .223 round;
I’ll use my choice, you use yours.
A Springfield
M1-A in .308 caliber is my weapon of choice in the so-called "assault
weapons" category. It combines the dependability of operation
inherent with the M1 Garand coupled with the convenience of a carbine
version in the M1-A SOCOM. The .308 or 7.62X51 is a proven stopper
on man-sized targets. I paid $500.00 for my very first M1-A; the
same rifle now is almost $2000.00. I can assure you, considering
the present political environment and demand by consumers; the price
of these fine firearms will certainly see a substantial increase.
When it comes
to handguns, I am a 1911 guy, pure and simple. There is a reason
this weapons platform has been around for almost 100 years; it works.
The .45ACP round is a very effective round for putting a severe
cramp on any criminal desires one might encounter.
While I routinely
joke with my friends about their "plastic pistols," in
reality there are several excellent brands out there that are great
choices, the Springfield XD being my first choice. While we could
argue on and on about which caliber is best for personal defense,
individual preference will vary. Choose the caliber you can handle
best; 3 hits on target with a .22 LR are better than 6 misses with
a .44 Mag.
Wheelguns,
or revolvers as they are better known, have seen a decline in popularity
since the introduction of the high capacity semiautomatic pistol.
I still consider the revolver to be the best choice for the new
shooter owing to the simplicity of operation. I have a passion for
the old Smith and Wesson blue steel revolvers in all calibers. Not
as popular now due to most all models being produced in stainless
steel, the older S&W revolver was manufactured when American
craftsmen took pride in their work. My collection of these revolvers
increase in value has far exceeded any 401K.
Let us not
forget what many consider the best self-defense firearm available
today: the shotgun. It is really hard to argue with this logic,
the primary disadvantage being the size of the weapon and the ability
to bring it into play in tight quarters. The old scattergun brings
a lot of firepower to the point of attack. Buckshot, depending on
the gauge of the shotgun, throws out a significant number of projectiles,
.24 to .36 caliber for each pull of the trigger. Many folks prefer
the pump-action shotgun for its dependability, but my personal choice
is the semi-auto. I prefer to present as small a target as possible
to an adversary, and a pump action shotgun is extremely difficult
to operate in the prone position.
Whatever your
choice might be, the purchase of a firearm(s) and/or a significant
amount of ammunition in today’s political climate is a wise investment.
I do not believe we will see a decline in demand or an increase
in availability of either in the near or distant future. There will
be a time, in the not so distant future, when a firearm with ammo
will be worth much more than an ounce of gold. The upside to having
a firearm and ammo is the firearm can be used to defend your gold
against confiscation or theft. It has happened
before you know.
It is much
better to have one and not need it, than to need one and not have
it. As an investment, this product is worth much more than the fiat
money required for purchase and it could possibly save your life,
or the lives of your loved ones.
February
2, 2009
Michael
Gaddy [send him mail],
an Army veteran of Vietnam, Grenada, and Beirut, lives in the Four
Corners area of the American Southwest.
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© 2009 LewRockwell.com
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