As the prospects of Obama winning re-election rise, gun sales explode
Sales of handguns and ammunition are booming across the country, and retailers say it’s all about the November election.
Gun shop owners around the nation told FoxNews.com that sales, brisk ever since President Obama was elected, have spiked upward in recent months. And manufacturers are having so much trouble keeping up with the demand that one, Sturm, Ruger & Co., can’t keep up with demand. The Southport, Conn.-based company has had to suspend new orders after taking orders for more than 1 million guns in the first three months of the year. Smith & Wesson sales are way up, as well.
Gunmakers' stock soars
“Sales usually increase this time of year with tax returns, but this year has been higher than most,” Mike Weeks, owner of Georgia Gun Store in Gainesville told FoxNews.com. “People are scared their gun rights are going to be curtailed after the election." . . .
Labels: 2012election, Guns
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