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US guns sales soar after Barack Obama’s re-election

Posted By admin On November 12, 2012 @ 10:58 am In U.S. News | Comments Disabled

Nick Allen
London Telegraph [1]
Nov 12, 2012

Owners of guns have been stocking up because they are concerned about a potential tightening of regulations on assault weapons in the president’s second term.

In October the number of background checks on people applying to buy guns, an indicator of future sales, increased by 18.4 per cent.

There was a similar jump when President Obama was first elected in 2008. A total of 12.7 million background checks were carried out that year, up from 11.2 million the year before, and the number has been rising since then.

Shares in weapons manufacturers like Smith & Wesson and Sturm, Ruger also surged after Mr Obama’s re-election.

Full article here [1]


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URL to article: http://www.prisonplanet.com/us-guns-sales-soar-after-barack-obamas-re-election.html

URLs in this post:

[1] London Telegraph: http://www.telegraph.co.uk/news/worldnews/northamerica/usa/9670585/US-guns-sales-soar-after-Barack-Obamas-re-election.html

[2] Sales of Guns Soar in U.S. as Nation Weighs Tougher Limits: http://www.prisonplanet.com/sales-of-guns-soar-in-u-s-as-nation-weighs-tougher-limits.html

[3] 65.4 Million Guns Bought Since Obama Took Office, 91% More Than Bush’s First-Term Total: http://www.prisonplanet.com/65-4-million-guns-bought-since-obama-took-office-91-more-than-bushs-first-term-total.html

[4] Sales of guns, ammo still high: http://www.prisonplanet.com/sales-of-guns-ammo-still-high.html

[5] Fear of stricter gun-control laws causing sales to rise: http://www.prisonplanet.com/fear-of-stricter-gun-control-laws-causing-sales-to-rise.html

[6] Americans buy record numbers of guns for Christmas: http://www.prisonplanet.com/americans-buy-record-numbers-of-guns-for-christmas.html

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