Friday, August 26, 2011

AHA!! I Was Close!!

Turns out that my "BUY MORE AMMO" mantra was thinly-disguised investment advice (in a derivative fashion.)

McCain quoting Seeking Alpha:

Sturm, Ruger (RGR) has been hitting new highs for the last several years. This guns and ammunition stock has outperformed gold by a wide margin, and it currently is not as crowded and as highly publicized as the gold trade.

Consider the following facts. Sturm, Ruger has outperformed Gold over the last 1 month, 3 months, 6 months, 12 months, 3 years, and 5 years! . . 
It is also important to note that Sturm, Ruger was even up in 2008, when the market was down 38.5%.

And some of you reactionaries thought I was just a tinfoil-hatter.



jimspice said...

I have a 1930ish Ruger .22 pistol from my dad with a handle made of that pre-plastic plastic-like stuff that I can't remember the name of right now. The plastic-like stuff, not my dad. I haven't been able to find it in any online resource. I'm beginning to think it might be a Frankenstein job.

Dad29 said...

Maybe it was. You can prolly get replacements for the original grip-covers from Ruger; or you can get Hogue overmolded, which are very good soft/sticky grips. I have Hogue on my Ruger .22 rifle.

Fr. Erik Richtsteig said...

And it's a socially responsible investment!