Now they’re saying what we already knew: Invest in guns and ammo!
Wall St. is now telling investors to invest in firearms, ammunition, and anything “gun-related” because of the “increasing chances for a fiscal and social disaster”. But they don’t mean to invest in firearms companies like Remington, Colt, Winchester, etc. (Although those companies have yielded record profits in the past few years!)
David John Marotta, a Wall Street expert and financial advisor and Forbes contributor, is suggesting that guns themselves are the safe and responsible investment for more than one reason. He said in a letter to investors, “Firearms are the last item on the list, but they are on the list. There are some terrible people in this world. And you are safer when your trusted neighbors have firearms.”
Marotta goes on to suggest a “bug out” bag and other survival items that could keep you and your family alive for up to 72 hours in the event of a power outages and/or other natural disasters.
We have always suggested that firearms are the safest and wisest investment especially in light of our current financial condition. If an economic collapse takes place then you will need to protect what you have and what others will want. Guns depreciate the moment you walk out of the store with it (based on suggested retail), but then it holds its value after that, never losing it. And it will never lose it completely.
Ammunition is an even better investment, although it isn’t as big a ticket item as a firearm. Ammunition holds its same value even after being purchased, mainly because it’s clear that it isn’t “used” like a gun can be. “Used” ammo isn’t ammo! Now I don’t recommend “hoarding” as so many have already done. This is disrespectful to other hunters and sport shooters out there. But as ammo makes its way back onto the shelves – like it is now – it’s never a bad idea to grab an extra box or two when in the store.
We don’t necessarily agree with or think there will be an “end of days” collapse where we’ll be shooting droves of “takers” from our rooftops for weeks or months at a time. But I for one recognize that our system is clearly being propped up with record-setting months on Wall St. while no one seems to be investing any real money into it. Clearly the dollar will continue its slide. I don’t think it’s a stretch to say that the dollar, food stamps, and other forms of payment will continue to be worth less, thus buying less, which will result in people “needing” the things you and your family have worked for. A gun and a bullet are great deter ants in those cases. And if your dollars buy less, maybe your bullets will buy more in trade.
Here’s the full story from Mr. Marotta in the Washington Examiner: