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The guns vs. butter debate has long been a favorite of production possibility frontier chartists. This elderly economic theorem is said to not correlate well to free market economies...

Perhaps that is why I find it more and more relative to these modern day United States.

Why Guns are a BETTER Investment than Gold

With gold still a good ways away from early 1980's inflation adjusted highs, being a bull is not something I would look down upon. That having been said, what goes... must eventually come down.

On the other side of the pond, however, an interesting mini bubble seems to be puffing up. After all, when geriatric shotguns sell for the price of a new Aston Martin, the industrious investors should go and have a look.

Even though it is easy to make the argument that antiques always sell well. A steady 3-5% annual valuation increase is a pretty respectable number.

I think these numbers ring volumes at a time when the U.S. dollar is propped up by little less than the collective of American military arms pointed at the competing world.

Naturally, most of us do not have six-figures to drop on a sidearm of any functional quality. As far as I know, there's yet to be a pure gun ETF formed and you already know of my affections for the Vice Fund.

With more than a few bills circulating the underbelly of Washington attempting to choke down 2nd Amendment rights...the notion of investing in guns should not (and IMHO will not) be limited to rare collector's items.

We find ourselves living in an extremely strange time filled with vastly divergent views about how the world should proceed.

I am by no means trying to arouse panic. Just thoughtful discussion.

But being honest with you guys as I always try to be...

You should learn to shoot and you should invest in a firearm...or ten.

Who knows what the payout will be?

Comments (290)

  • IlliniProgrammer's picture

    Interesting thoughts Midas, but if you are intent on firearms investing in NYC or Chicago, the local police department might not be very happy about that.

    In any case, the second amendment is settled law. The real question is on assault rifles which did not exist at the time the second amendment was created.

  • In reply to IlliniProgrammer
    ivoteforthatguy's picture

    IlliniProgrammer wrote:
    Interesting thoughts Midas, but if you are intent on firearms investing in NYC or Chicago, the local police department might not be very happy about that.

    In any case, the second amendment is settled law. The real question is on assault rifles which did not exist at the time the second amendment was created.

    I think we should have access to the average rifle accessible to the average infantryman. Just in case the King of England tries to get in our face again.

  • In reply to IlliniProgrammer
    Midas Mulligan Magoo's picture

    IlliniProgrammer wrote:
    Interesting thoughts Midas, but if you are intent on firearms investing in NYC or Chicago, the local police department might not be very happy about that.

    In any case, the second amendment is settled law. The real question is on assault rifles which did not exist at the time the second amendment was created.

    The Chicago police department can use all the help they can get. Poor bastards have to drive around in their own vehicles for traffic duty...without mileage reimbursement.

    Besides, a loaded pistol on Michigan Avenue is your only remaining hedge against local authorities pissing away billion dollars of revenue through parking meter privatization and passing the losses on to you.

    Don't let me get started on NYC. Conceal and carry for crack dealers only. Remain calm citizen, all is well.

  • In reply to Midas Mulligan Magoo
    IlliniProgrammer's picture

    Midas Mulligan Magoo wrote:

    Besides, a loaded pistol on Michigan Avenue is your only remaining hedge against local authorities pissing away billion dollars of revenue through parking meter privatization and passing the losses on to you.

    Which is why, IMHO, the City of Chicago needs to impose rent control on city parking. Limit parking meters to $0.50/hour. Perfectly legal and constitutional.

  • In reply to IlliniProgrammer
    ivoteforthatguy's picture

    IlliniProgrammer wrote:
    Midas Mulligan Magoo wrote:

    Besides, a loaded pistol on Michigan Avenue is your only remaining hedge against local authorities pissing away billion dollars of revenue through parking meter privatization and passing the losses on to you.

    Which is why, IMHO, the City of Chicago needs to impose rent control on city parking. Limit parking meters to $0.50/hour. Perfectly legal and constitutional.

    Didn't Chicago sell its parking meter income for the next 75 years to some Arab investment group? I think Chicago needs to compensate them for lost income from street closures now. Also, no more meter holidays on Xmas, etc.

  • rbkchoi's picture

    Just wondering but what holds the gun's value so high? I mean, is it just a collectible/antique/whatever?

    It's what you put into it

  • In reply to IlliniProgrammer
    Midas Mulligan Magoo's picture

    IlliniProgrammer wrote:
    Midas Mulligan Magoo wrote:

    Besides, a loaded pistol on Michigan Avenue is your only remaining hedge against local authorities pissing away billion dollars of revenue through parking meter privatization and passing the losses on to you.

    Which is why, IMHO, the City of Chicago needs to impose rent control on city parking. Limit parking meters to $0.50/hour. Perfectly legal and constitutional.

    Lol. I don't think you'd ever get that passed without a large assortment of weaponry pointed at City Hall. I'm just curious how it works out for them to take credit card payments of $0.25?

  • macro's picture

    I could see that getting passed because it would generate votes while screwing over the investors that bought the parking meters. As for the CC payments, they probably have some bulk arrangement with the CC companies based on a percentage of total revenue.

  • Kenny_Powers_CFA's picture

    Guns are the ultimate investment. Once you have a gun, the amount of cash you can extract from the asset is really only limited by your human capital (how many holdups you can execute per accounting period) and externalities (police intervention/armed convenience store clerks).

    There have been many great comebacks throughout history. Jesus was dead but then came back as an all-powerful God-Zombie.

  • In reply to coach.captain
    happypantsmcgee's picture

    coach.captain wrote:
    Nah not all of them, just the second one.

    You're an idiot. The second amendment, at the time it was written, was done so for very obvious reasons. Read a book.

    If I had asked people what they wanted, they would have said faster horses - Henry Ford

  • IlliniProgrammer's picture

    You do realize that you're on a forum full of traders and businesspeople. Most of us are gung-ho libertarians. Not all of us are affected by gun rights, but when you stand up for somebody else's second-amendment rights, they tend to stand up for your right to conduct business without generating negative externalities.

    Having gone from being a Democrat under Bush to a moderate Libertarian under Obama, I've realized that all of the civil liberties are linked. And when you see liberals standing up for gun rights, you start to see conservatives standing up for the fourth amendment.

    Once you get that- that the only way you get rights is because other people stand up for them- you start standing up for the stuff that you initially don't agree with. I've fired rifles but wouldn't keep one in my home and would feel moderately uncomfortable if I had kids and my next door neighbors kept one. But if I respect my neighbor's rights to keep a gun in his home, maybe he'll respect my right to put up signs saying "IMPEACH BUSH" on my lawn.

    The thing nobody realizes is that freedom isn't actually an individual thing. Even if it's god-given, it's something that you have to support for other people when you disagree with them, and that they have to support for you when they disagree with something you're doing.

  • In reply to coach.captain
    happypantsmcgee's picture

    coach.captain wrote:
    LOL bunch of far right wingers on here. Let me guess 'txjustin'...you're a Glenn Beck fanboy. Lets talk about the "new world order" and the coming of the Antichrist next, ok?

    Don't trip when you leave the drum circle to pack another bowl.

    If I had asked people what they wanted, they would have said faster horses - Henry Ford

  • In reply to IlliniProgrammer
    happypantsmcgee's picture

    IlliniProgrammer wrote:
    Oooh, we've whipped out the ad-hominems and stereotypes. I might as well join in.

    I think the cap'n is nervous about guns because he might start shooting at the pirate ships on his next trip. ;-)

    IP, you're a smart guy and a ton of your stuff adds tremendous value but reading your insults reminds me of an episode of the Wiggles.

    If I had asked people what they wanted, they would have said faster horses - Henry Ford

  • happypantsmcgee's picture

    Don't worry, just like the smell of coke, I would never do hard drugs

    If I had asked people what they wanted, they would have said faster horses - Henry Ford

  • In reply to txjustin
    coach.captain's picture

    txjustin wrote:
    coach.captain wrote:
    LOL bunch of far right wingers on here. Let me guess 'txjustin'...you're a Glenn Beck fanboy. Lets talk about the "new world order" and the coming of the Antichrist next, ok?

    No, actually I think Glenn Beck is an overdramatic cry baby.

    But you still think what he says is pretty much aligned to what you think?

  • In reply to coach.captain
    Tar Heel Blue's picture

    coach.captain wrote:
    txjustin wrote:
    coach.captain wrote:
    LOL bunch of far right wingers on here. Let me guess 'txjustin'...you're a Glenn Beck fanboy. Lets talk about the "new world order" and the coming of the Antichrist next, ok?

    No, actually I think Glenn Beck is an overdramatic cry baby.

    But you still think what he says is pretty much aligned to what you think?


    I'm guessing not, since he just called him an overdramatic cry baby. Though you're right, he probably does agree on this issue. What a radical- believing in the Constitution.

  • In reply to coach.captain
    txjustin's picture

    coach.captain wrote:
    txjustin wrote:
    coach.captain wrote:
    LOL bunch of far right wingers on here. Let me guess 'txjustin'...you're a Glenn Beck fanboy. Lets talk about the "new world order" and the coming of the Antichrist next, ok?

    No, actually I think Glenn Beck is an overdramatic cry baby.

    But you still think what he says is pretty much aligned to what you think?

    A lot of his beliefs are a stretch for me. I am pretty far to the right fiscally though.

  • In reply to coach.captain
    APAE's picture

    coach.captain wrote:
    IlliniProgrammer wrote:
    Oooh, we've whipped out the ad-hominems and stereotypes. I might as well join in.

    I think the cap'n is nervous about guns because he might start shooting at the pirate ships on his next trip. ;-)

    Yeah that was really soft :)

    Is that what she said to you the other night?

    Most people do things to add days to their life. I do things to add life to my days.

    Browse my blog as a WSO contributing author

  • In reply to happypantsmcgee
    UFOinsider's picture

    HPM wrote:
    IlliniProgrammer wrote:
    Oooh, we've whipped out the ad-hominems and stereotypes. I might as well join in.

    I think the cap'n is nervous about guns because he might start shooting at the pirate ships on his next trip. ;-)

    IP, you're a smart guy and a ton of your stuff adds tremendous value but reading your insults reminds me of an episode of the Wiggles.


    ....just fell out of my chair laughing

    Get busy living

  • In reply to txjustin
    UFOinsider's picture

    txjustin wrote:
    coach.captain wrote:
    LOL bunch of far right wingers on here. Let me guess 'txjustin'...you're a Glenn Beck fanboy. Lets talk about the "new world order" and the coming of the Antichrist next, ok?

    No, actually I think Glenn Beck is an overdramatic cry baby.


    .....the left has conspiracy hacks too, look at LaRouche. He spouts the same conspiracy crap, but with a leftist flavor.

    Gun control? FUCK THAT, I like guns

    Get busy living

  • In reply to coach.captain
    Eric Stratton's picture

    coach.captain wrote:
    "Gun control? FUCK THAT, I like guns"

    What a great argument. Well done.

    What is your argument? That guns are sooooo scaryyyyyy!!!!!!!!!!

    ---------------------
    "Well, you can do whatever you want to us, but we're not going to sit here and listen to you badmouth the United States of America."

  • In reply to IlliniProgrammer
    eokpar02's picture

    IlliniProgrammer wrote:
    You do realize that you're on a forum full of traders and businesspeople. Most of us are gung-ho libertarians. Not all of us are affected by gun rights, but when you stand up for somebody else's second-amendment rights, they tend to stand up for your right to conduct business without generating negative externalities.

    Having gone from being a Democrat under Bush to a moderate Libertarian under Obama, I've realized that all of the civil liberties are linked. And when you see liberals standing up for gun rights, you start to see conservatives standing up for the fourth amendment.

    Once you get that- that the only way you get rights is because other people stand up for them- you start standing up for the stuff that you initially don't agree with. I've fired rifles but wouldn't keep one in my home and would feel moderately uncomfortable if I had kids and my next door neighbors kept one. But if I respect my neighbor's rights to keep a gun in his home, maybe he'll respect my right to put up signs saying "IMPEACH BUSH" on my lawn.

    The thing nobody realizes is that freedom isn't actually an individual thing. Even if it's god-given, it's something that you have to support for other people when you disagree with them, and that they have to support for you when they disagree with something you're doing.

    Great post. People who are against rights are generally very selfish and haven't moved past the egocentric juvenile phase.

    I am not cocky, I am confident, and when you tell me I am the best it is a compliment.
    -Styles P

  • In reply to Tar Heel Blue
    ck123321's picture

    Tar Heel Blue wrote:
    coach.captain wrote:
    not to mention...stupidest amendment of the constitution.

    Good use of your first post- a real gem.

    Who needs those dumb freedoms anyways- let's just get rid of all of the amendments. Then we can go back to being rules AND be able to do nothing about it.

    Sigh... I'm so sick of these kinds of comments. Like giving up the right to own and walk around with a gun in your pants is going to make your country the "socialist nightmare" that so many of you seem to be so freakin afraid of. It is absolutely pathetic that you are defending your "sacred" amendment when it is so obviously one of the things that is screwing up your country.

    Here is some basic logic for you: More guns to the people --> More crime, death and misery.
    Have you ever wondered why the U.S. homocide/capita figures are among the highest in the industrialized world?? But then again that's what I would expect from any avid Glenn Beck fan. You know, all those guns aren't gonna be much good in the post-nuclear holocaust environment without GB's very own food insurance. You are an idiot!

  • txjustin's picture

    ^^^You are an idiot. Please don't comment on a freedom you don't have, or any freedom for that matter since I'm sure your government has you and it's citizens by their balls.

  • In reply to ck123321
    happypantsmcgee's picture

    ck123321 wrote:
    Tar Heel Blue wrote:
    coach.captain wrote:
    not to mention...stupidest amendment of the constitution.

    Good use of your first post- a real gem.

    Who needs those dumb freedoms anyways- let's just get rid of all of the amendments. Then we can go back to being rules AND be able to do nothing about it.

    Sigh... I'm so sick of these kinds of comments. Like giving up the right to own and walk around with a gun in your pants is going to make your country the "socialist nightmare" that so many of you seem to be so freakin afraid of. It is absolutely pathetic that you are defending your "sacred" amendment when it is so obviously one of the things that is screwing up your country.

    Here is some basic logic for you: More guns to the people --> More crime, death and misery.
    Have you ever wondered why the U.S. homocide/capita figures are among the highest in the industrialized world?? But then again that's what I would expect from any avid Glenn Beck fan. You know, all those guns aren't gonna be much good in the post-nuclear holocaust environment without GB's very own food insurance. You are an idiot!

    No, you're an idiot. Go check out Kennesaw Georgia. Mandatory gun ownership and almost zero crime. Or look at one of the other multiple examples people give in this instance.

    If I had asked people what they wanted, they would have said faster horses - Henry Ford

  • In reply to txjustin
    ck123321's picture

    txjustin wrote:
    ^^^You are an idiot. Please don't comment on a freedom you don't have, or any freedom for that matter since I'm sure your government has you and it's citizens by their balls.

    classic misinformed american. do you know anything about the world outside of the U.S.? I think not.
    You come off as very narrow-minded.
    Everything but absolute capitalism = socialism
    Regulation on guns = socialism
    Free healthcare = socialism

    So, just cus I can't walk into Wal-mart and come out with a loaded 12 gauge shotgun, I am now living in a socialist economy where citizens are constantly supressed by the big-brother government.

    In reality, I am living in a very much free market economy that is doing a whole lot better than the U.S's right now. I am the proud owner of a 12 gauge shotgun and a high-calibre rifle. The difference is that, to get hold of these, I had to pass a standard background-check, some pretty basic shooting tests and a theoretical exam that was largely about gun safety. It was not very hard and it is part of the reason that you are six times more likely to get shot and killed.

    Is my country's procedure really too much to ask of someone who wants to walk around town with a loaded shotgun?

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