Are Machine Guns a Good Investment Opportunity?
As many of you know, the gun industry is up in some cases over 300% from 2019 and just set an all time record for gun sales in 2020 and it is only October. Ammunition is scarce due to deman and a primer shortage and some gun parts and accessories are in very high demand with lead times out as far as July 2021.
This made us wonder, is now an excellent time to invest in machine guns? Machine guns have long been considered a viable alternative investment asset strategy. Not only do you have the opportunity to make money, but they are arguably the most fun asset you could possibly invest in.
We did some research and found this article about Frank Goepfert. Owner of Gunspot.com and Machine Gun Central. Two of the largest auction h0uses for NFA weapons and Guns in the country.
According to Bloomberg in 2018
from one of the longest economic expansions in U.S. history, using stocks, gold and even cryptocurrency as vehicles of profit. A few of them even used machine guns.
Yes, machine guns. Not the readily available, semi-automatic rifles that have figured so tragically in recent mass shootings, igniting a national furor over gun laws. We’re talking about actual machine guns, which are about as far from the local gun store inventory as you can get, and much more difficult to buy. A machine gun typically shoots about 600 to 800 rounds a minute, while the Bushmaster AR-15 will fire about 45 rounds a minute, depending on how fast you pull the trigger. Fully automatic firearms are often depicted in movies, but in real life they’re a rare commodity except to members of the military.
Some of the hoops a buyer must navigate to get one mirror what some proponents of tougher gun laws would like for all firearms. But the red tape has also helped make machine guns the ultimate collector’s item, with some having doubled in value over the past 10 years.
Frank Goepfert is one of the biggest machine gun merchants in America. From a 100-plus-acre ranch he shares with his wife, son and German shorthair puppy in rural Missouri, he runs a small empire of automatic weapons. Inside a tornado-proof vault, dozens of automatic firearms worth millions of dollars hang on the walls. There are Tommy guns, M2 Brownings, Uzis, a Sterling submachine gun and AK-47 assault rifles, the most popular machine gun in the world.
Goepfert, 47, who regularly sports a leather jacket and a black Stetson, says his company, Midwest Tactical Inc., sold as many as 500 machine guns in 2017, averaging thousands of dollars each. He’s made enough money to purchase two planes and even a tank.
His best customer, a technology company executive, spent $1.6 million on guns last year, while an oil and farming tycoon dropped $1.2 million, he says. By Goepfert’s tally, he has 20 clients who each have spent more than $200,000 on his wares. He declined to identify them, citing privacy considerations. And while the government keeps a record of automatic weapons, it’s not public. That may make Goepfert one of the best sources of information outside the U.S. Bureau of Alcohol, Tobacco, Firearms & Explosives when it comes to who has a machine gun in America.
After reading this, we caught up with Frank and did a little Q&A regarding machine guns as an investment.
Are machine guns a good or great investment right now? Machine guns are always a good investment….every year, they become increasingly rare, and therefore more and more collectible and valuable. Right now, guns are especially a great investment due to the recent instability of our culture due to the Corona Virus and the possible election change come November 3rd. It is said that the best gun salesman of all time was President Obama. Even though the Left is anti-gun for the most part, guns actually thrive under the fear of confiscation or gun rights being taken away.