Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Gun sales shoot up amid America’s fear of rising crime and terrorism

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Alexandra Frean
London Times
Tuesday, Nov 17th, 2009

Smith & Wesson, the famed American gunmaker once owned by Tomkins, the British conglomerate, expects to nearly double its annual sales in the next three to five years as demand for its firearms soars in the recession. It is not alone.

All over America demand for firearms and ammunition is rising amid concerns that rising unemployment, which passed 10 per cent this month, will lead inexorably to higher rates of crime. Fears of terrorism have also helped to lift demand, as have concerns among gun owners that the Obama Administration may introduce restrictions on gun ownership and impose additional taxes.

Smith & Wesson is expecting sales to rise by 30 per cent to $102 million (£61 million) in the first quarter of the next financial year, after growing by more than 13 per cent this year to $335 million.

At Sturm and Ruger, sales for the third quarter hit $71.2 million, up 70 per cent from the same period last year. At Glock, the leader in law enforcement markets, pistol sales rose by 71 per cent in the first quarter of the financial year for 2010, in comparison with the same period last year.

Full article here

“When the people find they can vote themselves money, that will herald the end of the republic.”Fall Of The RepublicBuy the DVD here

Gun sales shoot up amid America’s fear of rising crime and terrorism  FOTR 340x1692 

This article was posted: Tuesday, November 17, 2009 at 4:50 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
Military Being Trained To Confiscate Guns And Shoot Americans See the rest on the Alex Jones YouTube channel.

Will Airborne Ebola Become A Modern Global Plague? See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.