Are Guns & Ammo The New Gold?
ARE GUNS & AMMO THE NE W GOLD? MORE AMERICANS ARE BUYING AMMUNITION AND GUNS THAN EVER BEFORE. ARE THE SAME TRENDS THAT ARE PROMPTING ORDINARY AMERICANS TO BUY GOLD ALSO PROMPTING THEM TO STOCK UP ON GUNS & AMMO? QUICK FACTS: SINCE 1999: THE AVERAGE ROUND THE AVERAGE PRICE OF A GALLON THE AVERAGE SPOT PRICE OF AMMO HAS RISEN OF GASOLINE HAS RISEN OF GOLD HAS RISEN 224% 318% 535% OFFICIAL U.S. UNEMPLOYMENT HAS RISEN FROM OFFICIAL U.S. MORE THAN INFLATION 135,000,000 4.1% HAS RISEN 36.2% IN THE FOURTH QUARTER OF 1999 (A 30-YEAR LOW) TO FBI-ADMINISTERED NICS BACKGROUND CHECKS FOR 8.6% THE SALE OF FIREARMS HAVE TAKEN PLACE 1 47% OF AMERICAN ADULTS CURRENTLY REPORT THAT THEY HAVE A GUN IN THEIR HOME OR ELSEWHERE ON THEIR PROPERTY. THIS IS UP FROM 41% A YEAR AGO AND IS THE HIGHEST GALLUP HAS RECORDED SINCE 1993. AT 47%, REPORTED GUN OWNERSHIP IS THE HIGHEST IT HAS BEEN IN NEARLY TWO DECADES. HOUSEHOLDS REPORTING THERE IS A GUN ON THEIR PROPERTY 54% 51% 43% 36% of all Southern households of all Midwestern of all Western of all Northeastern households households households GALLUP QUICK FACTS: ACCORDING TO GALLUP Self-reported gun ownership among Self-reported gun ownership climbed 15% year-over-year women is up 19% year-over-year Democrats self-reported gun ownership jumped 25% year-over-year from 32% to 40% More than half of all Southern & Midwestern households are self-reported gun owners YEARLY F.B.I. ADMINISTERED NICS BACKGROUND CHECKS TO PURCHASE A FIREARM 15,000,000* 9,138,123 8,910,191 8,481,588 8,952,945 11,177,335 14,320,489 14,033,824 8,454,322 12,709,023 8,543,037 10,036,933 8,687,671 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 *2011 full-year FBI administered NICS background checks is projected checks through October 2011 BLACK FRIDAY 2011: LARGEST DAY OF U.S. FIREARM SALES EVER RECORDED 129,166 FBI ADMINISTERED NICS BACKGROUND 32% INCREASE OVER THE PREVIOUS CHECKS FOR FIREARM PURCHASES SINGLE-DAY RECORD OF 97,848, ON BLACK FRIDAY, 2011 SET ON BLACK FRIDAY, 2008 WHAT IS A FBI ADMINISTERED NICS BACKGROUND CHECK? The National Instant Criminal Background Check System (NICS) is a set of FBI databases used to determine the eligibility of an American to purchase a firearm. QUICK FACTS: O NICS was mandated by the Brady Handgun Violence Prevention Act of 1993. O NICS was launched by the FBI on November 30, 1998. O NICS determines if the buyer is prohibited from buying a firearm according to provisions of the Gun Control Act of 1968. ARE U.S. FIREARM & AMMO SALES DRIVEN BY POLITICAL & FINANCIAL EVENTS? Worning: Keep Out af Reach of Children Cartouches A Peren Centrle Mise En Garde: Gerdez Herz De La Pertée Des Enfonts. RIFLE CARTRIDGES .223 REMINGTON Remingto 55 GRAIN HP EXPRESS CORE-LOKT RIFLE AMMO PRICE FOR 20 ROUNDS ON A YEAR-BY-YEAR BASIS LISTED BELOW EXPRESS' CORE-LOKT 20 CENTERFIRE RIFLE CARTRIDGES 1999 $12.49 9,138,123 $278.98 $1.12 FBI-ADMINISTERED NICS BACKGROUND CHECKS TO PURCHASE A FIREARM 20 ROUNDS OF .223 AVERAGE YEARLY PRICE OF AVERAGE YEARLY PRICE OF A GALLON OF AN OUNCE OF GOLD IN U.S. DOLLARS REMINGTON 55 GRAIN HP EXPRESS RIFLE AMMO REGULAR U.S. GASOLINE 2-FEB HUGO CHAVEZ BECOMES PRESIDENT OF VENEZUELA 4-AUG BILL GATES PERSONAL FORTUNE EXCEEDS $100 BILLION, DUE TO INCREASES IN MICROSOFT STOCK 2000 $11.99 8,543,037 005 $279.11 B$1.46 FBI-ADMINISTERED NICS 20 ROUNDS OF .223 REMINGTON 55 GRAIN | 4% HP EXPRESS RIFLE AMMO AVERAGE YEARLY PRICE OF AN OUNCE OF GOLD IN U.S. DOLLARS AVERAGE YEARLY PRICE BACKGROUND CHECKS TO OF A GALLON OF 6.5% PURCHASE A FIREARM REGULAR U.S. GASOLINE 3-OCT NASDAQ REACHES AN ALL-TIME HIGH OF 5,048 NASDAQ 12-DEC PRESIDENT BUSH ELECTED 2001 83 $12.99 4.3% 8,910,191 $271.04 $1.38 FBI-ADMINISTERED NICS AVERAGE YEARLY PRICE OF A GALLON OF 5.4% REGULAR U.S. GASOLINE 20 ROUNDS OF .223 AVERAGE YEARLY PRICE OF REMINGTON 55 GRAIN BACKGROUND CHECKS TO AN OUNCE OF GOLD IN U.S. HP EXPRESS RIFLE AMMO 29% DOLLARS PURCHASE A FIREARM 9-SEP 9/11 TERRORIST ATTACKS OPERATIONN ENDURING FREEDOM 7-0CT Invasion of Afghanistan Begins 2002 62% $13.79 8,454,322 M3 $309.73 $1.31 20 ROUNDS OF .223 REMINGTON 55 GRAIN FBI-ADMINISTERED NICS BACKGROUND CHECKS TO 5.% PURCHASE A FIREARM AVERAGE YEARLY PRICE OF AN OUNCE OF GOLD IN U.S. AVERAGE YEARLY PRICE OF A GALLON OF 52% REGULAR U.S. GASOLINE HP EXPRESS RIFLE AMMO DOLLARS 31-JAN West Texas Intermediate Oil Trades For Less Than $20 Per Barrel ($19.31) 30-JUL Following the Scandals of Enron, Tyco, WorldCom and others, Sarbanes-Oxley is Signed Into Law by President Bush 2003 1B $15.99 73 $363.38 55 $1.52 03% 8,481,588 20 ROUNDS OF .223 REMINGTON 55 GRAIN HP EXPRESS RIFLE AMMO FBI-ADMINISTERED NICS BACKGROUND CHECKS TO PURCHASE A FIREARM AVERAGE YEARLY PRICE OF AN OUNCE OF GOLD IN U.S. DOLLARS AVERAGE YEARLY PRICE OF A GALLON OF REGULAR U.S. GASOLINE 19-MAR INVASION OF IRAQ 10-JUL ARNOLD SCHWARZENEGGER ELECTED GOVERNOR OF CALIFORNIA 2004 28 $409.72 195% $1.81 24% $15.99 8,687,671 FBI-ADMINISTERED NICS 20 ROUNDS OF .223 REMINGTON 55 GRAIN HP EXPRESS RIFLE AMMO AVERAGE YEARLY PRICE OF AN OUNCE OF GOLD IN U.S. DOLLARS AVERAGE YEARLY PRICE OF A GALLON OF BACKGROUND CHECKS TO PURCHASE A FIREARM REGULAR U.S. GASOLINE 2-NOV PRESIDENT BUSH RE- ELECTED 11-JUL U.S Forces Invade Fallujah, Iraq To Quell The Growing Iraqi Insurgency 2005 63% $16.99 8.5% $444.74 23 $2.24 3.1% 8,952,945 20 ROUNDS OF .223 REMINGTON 55 GRAIN HP EXPRESS RIFLE AMMO FBI-ADMINISTERED NICS AVERAGE YEARLY PRICE OF AVERAGE YEARLY PRICE BACKGROUND CHECKS TO AN OUNCE OF GOLD IN U.S. OF A GALLON OF PURCHASE A FIREARM DOLLARS REGULAR U.S. GASOLINE 5-FEB Pope John Paul |I Dies In Rome 29-AUG Hurricane Katrina Hits New Orleans 2006 NB $18.99 3$2.53 12.1% 10,036,933 35.7% $603.46 20 ROUNDS OF .223 FBI-ADMINISTERED NICS AVERAGE YEARLY PRICE OF AVERAGE YEARLY PRICE REMINGTON 55 GRAIN BACKGROUND CHECKS TO AN OUNCE OF GOLD IN U.S. OF A GALLON OF HP EXPRESS RIFLE AMMO PURCHASE A FIREARM DOLLARS REGULAR U.S. GASOLINE 5-JUL North Korea Fires 7 Test Missiles 30-DEC Saddam Hussein Is Executed By Hanging BECEASED 2007 05 $20.99 152 $695.39 92 $2.77 114% 11,177,335 FBI-ADMINISTERED NICS BACKGROUND CHECKS TO AVERAGE YEARLY PRICE OF AN OUNCE OF GOLD IN U.S. 20 ROUNDS OF .223 AVERAGE YEARLY PRICE OF A GALLON OF REMINGTON 55 GRAIN HP EXPRESS RIFLE AMMO PURCHASE A FIREARM DOLLARS REGULAR U.S. GASOLINE 10-JAN President Bush Announces Iraqi Surge Baghdad 9-OCT DOWIONES DJIA Closes At An All-Time High Of 14,164.43 2008 286 $26.99 $871.96 $3.21 137% 25.4% 12,709,023 AA AVERAGE YEARLY PRICE OF AN OUNCE OF GOLD IN U.S. AVERAGE YEARLY PRICE OF A GALLON OF REGULAR U.S. GASOLINE 20 ROUNDS OF .223 FBI-ADMINISTERED NICS BACKGROUND CHECKS TO REMINGTON 55 GRAIN HP EXPRESS RIFLE AMMO PURCHASE A FIREARM DOLLARS 11-JUL West Texas Intermediate Oil Trades For $147.27 Per Barrel 15-SEP Lehman Brothers Bankruptcy 4-NOV PRESIDENT OBAMA ELECTED 2009 $26.99 15 $972.35 10.4% 14,033,824 $2.31 AVERAGE YEARLY PRICE OF AN OUNCE OF GOLD IN U.S. DOLLARS AVERAGE YEARLY PRICE OF A GALLON OF 28% REGULAR U.S. GASOLINE 20 ROUNDS OF .223 FBI-ADMINISTERED NICS REMINGTON 55 GRAIN BACKGROUND CHECKS TO HP EXPRESS RIFLE AMMO PURCHASE A FIREARM 17-FEB President Obama's Stimulus RECOVERY.COV Plan - "American Recovery and Reinvestment Act" - Signed 8-JUN General Motors Bankruptcy GM 2010 $26.99 25.9% $2.74 2% 14,320,489 $1,224.53 AVERAGE YEARLY PRICE OF A GALLON OF 18.5% REGULAR U.S. GASOLINE 20 ROUNDS OF .223 FBI-ADMINISTERED NICS AVERAGE YEARLY PRICE OF REMINGTON 55 GRAIN BACKGROUND CHECKS TO AN OUNCE OF GOLD IN U.S. HP EXPRESS RIFLE AMMO PURCHASE A FIREARM DOLLARS 23-MAR APPROVED MAR 2 3 2010 President Obama's Health Care Plan - "Patient Protection and Affordable Care Act" - Signed 20-APR BP's "Deepwater Horizon" Oil Well Explodes In The Gulf Of Mexico 2-NOV Republicans Pick Up 63 House & 5 Senate Seats 2011 37 $27.99 $3.49 47% 28.2% 15,000,000* $1,570.08 2 FBI-ADMINISTERED NICS BACKGROUND CHECKS TO PURCHASE A FIREARM 20 ROUNDS OF .223 AVERAGE YEARLY PRICE OF AVERAGE YEARLY PRICE REMINGTON 55 GRAIN AN OUNCE OF GOLD IN U.S. OF A GALLON OF HP EXPRESS RIFLE AMMO DOLLARS REGULAR U.S. GASOLINE 11-MAR 9.1-Magnitude Earthquake Strikes Japan 300HEE 16-MAY Portuguese Government Agrees To An EU & IMF Bailout AA+ 5-AUG L211009160 12 U.S. Government Debt Is Downgraded NE DOLLAH From "AAA" Status By S&P SOURCES: Gallup - FBI.gov - Winchester - Remington - Cabelas - EIA.gov Consumer Price Index (CPI-U) data as provided by the U.S. Department of Labor Bureau of Labor Statistic - BLS.gov
Are Guns & Ammo The New Gold?
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