Gun Gripes #278: "The Mad Rush"

Published on February 1, 2021
Duration: 25:26

This video discusses the 'Mad Rush' in the firearms market driven by COVID-19 and the 2020 election, leading to significant price increases and supply chain strain. Experts advise against panic buying, suggesting diversification of preparedness efforts and alternative investments during market peaks. The importance of physical resources and long-term planning is emphasized.

Quick Summary

Experts advise against panic buying during firearms market surges. Instead, diversify preparedness efforts into areas like ham radio or gardening, and consider alternative investments like stocks or precious metals when ammunition prices are inflated. Physical knowledge resources are also emphasized for crisis situations.

Chapters

  1. 00:00Introduction and Sponsorship
  2. 00:51The 2020 Surge and Price Hikes
  3. 05:10Supply Chain and Manufacturing Capacity
  4. 08:45Preparedness and Diversification
  5. 13:31Economic Strategy and Alternative Investments
  6. 18:59Physical Knowledge and Traditional Skills
  7. 23:31Market Realities and Conclusion

Frequently Asked Questions

What caused the recent 'Mad Rush' in the firearms market?

The 'Mad Rush' was primarily triggered by the COVID-19 pandemic and the 2020 US election, leading to an unprecedented surge in demand for firearms and ammunition from consumers. This demand overwhelmed manufacturers and distributors.

How did the surge in demand affect ammunition prices?

Major ammunition manufacturers issued letters announcing price increases of 12-15% on centerfire pistol ammunition. Retail prices also saw significant inflation, with some calibers like .380 ACP reportedly selling for up to $90 per box.

What advice do experts give for navigating ammunition shortages and price hikes?

Experts advise against panic buying. Instead, they recommend diversifying preparedness efforts into other areas like gardening or ham radio, and considering alternative investments like stocks or precious metals when ammunition prices are inflated.

Why is physical knowledge important in preparedness?

Physical books and maps are crucial because digital resources can be censored or become inaccessible during a crisis. Having hard copies of information on skills like canning, navigation, or medicinal plants ensures access to vital knowledge when needed.

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