B gun prices after this Conus virus stuff opinions

bluelynx

bluelynx

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Look at the situation in Italy, and even in the U.S. with this virus stuff. I am wondering about their inventories of B guns that are not selling. They are just sitting in inventory, and inventory will kill a business very fast. Well, not really fast with the big B gun manufactures.

With the Canadian peso, do the folks on this link think there will be a bit of a price drop in nice target "B" guns after this virus goes away?

Just wondering. What do you think?

Covid virus.
 
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Beretta inventory in Canada is always low. US inventory isn't normally sold in Canada. The Italian economy will be shattered and it will be months or years before production resumes by the surviving producers. Worldwide the economies are going into the tank, people struggling to pay rent or mortgages and put food on the table don't buy new guns. These repercussions will get worse over the next few months and will last for years, life as you knew it is over, watch for civil unrest and war all over the world as various powers see a perceived weakness and try to exploit it. The other "B" gun, Browning, is made in Japan, not Italy. If this covid virus continues to disrupt peoples's lives by devastating their finances many people will start trying to sell things that they would rather not part with, including boats, RV's, ATV's, the best china and yes, guns. Expect to see many more listings in EE by fall if many people are still out of work. Typically, prices fall as listing numbers increase.
 
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The Berettas we get come straight from over seas do they not? not to the states and then to Turdostan. The Japanese dont currently seem to be in that bad of a way with the virus. I suppose the Belgian made Brownings would be a little disrupted.
But yeah, the EE should have plenty by fall if shyte don't change.
 
Interesting question. Beretta's factory is in Brescia in the northern region of Lombardy which is one of in the areas hardest hit by the virus. Higher end Beretta target guns might become harder to find and when supply decreases prices generally goes up.
 
Japan hasn't been hard hit relatively speaking with only .5 deaths per 1 million population compared to Canada's 3 and the US's 12 per. Having said that, if there is no market for the guns then production will suffer accordingly. Italy on the other hand has suffered 206 deaths per 1 million people so who knows if the gun manufacturing business's will even survive!
I agree with the others that are saying that used guns could be really cheap come fall.
 
Ashcroft said:
If this covid virus continues to disrupt peoples's lives by devastating their finances many people will start trying to sell things that they would rather not part with, including boats, RV's, ATV's, the best china and yes, guns. Expect to see many more listings in EE by fall if many people are still out of work. Typically, prices fall as listing numbers increase.
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So this inst an "If"

The world wide economy is on the fence between recession and depression. The absolute best case scenario is that we see something like 2008.

All the discretionary "Toys" will be up for sale this summer. And by fall they will be "on sale". Man's gotta eat...

The EE will be full and prices will be great if you have cash to spend. But lots of us will will be struggling financially
 
I do not thing the used or new gun will be cheaper anytime after the covid. Scarcity of new gun, will keep price up.
Price are already up because of exchange rate and the buying frenzy. Less new gun will put pressure on used market.
Some deal will appear from people struggling with money but It will not be a major trend.
 
Janeau said:
I do not thing the used or new gun will be cheaper anytime after the covid. Scarcity of new gun, will keep price up.
Price are already up because of exchange rate and the buying frenzy. Less new gun will put pressure on used market.
Some deal will appear from people struggling with money but It will not be a major trend.
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i think the low and mid range will hold for the reasons you list above. Everyone wants an 870 and will still want one!

Its the high end stuff that always suffers in economic downturns. stuff over the $2k mark will be sitting a while... As well as SXS, RV's, Boats and other toys
 
Ashcroft said:
Beretta inventory in Canada is always low. US inventory isn't normally sold in Canada. The Italian economy will be shattered and it will be months or years before production resumes by the surviving producers. Worldwide the economies are going into the tank, people struggling to pay rent or mortgages and put food on the table don't buy new guns. These repercussions will get worse over the next few months and will last for years, life as you knew it is over, watch for civil unrest and war all over the world as various powers see a perceived weakness and try to exploit it. The other "B" gun, Browning, is made in Japan, not Italy. If this covid virus continues to disrupt peoples's lives by devastating their finances many people will start trying to sell things that they would rather not part with, including boats, RV's, ATV's, the best china and yes, guns. Expect to see many more listings in EE by fall if many people are still out of work. Typically, prices fall as listing numbers increase.
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Well said, I'm sure I could sell my FX9 for 1500$ right now...
 
Just the exchange rate on the dollar will put alot of guns over the edge of affordability for most. Another lap in the race to the bottom as many will still want a new gun but with a much lower pricetag
 
JIMMY 808 said:
Chin up boys take it no one is in the oil patch or a farmer?

Been less than a month.
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I make frozen french fries for a living. Food production has always been recession-proof...but it ain't pandemic proof! Very few restaurant customers in North America means our plant is shut down and, by extension, we aren't getting deliveries of spuds or veggie oil. So I assume the farmers, oilseed processors, and truckers are suffering, too. And the railroad. All my O&G friends are either already out of work or just waiting for the axe to fall. WCS price will be negative soon, according to an experienced commodities trader I spoke to. Either shut in your oil wells or pay someone to take the crude. Scuttlebutt is that local cattle ranchers are stocking up on ammo in case of rustlers. They're getting screwed, too, though. Retail beef prices have climbed while CME beef futures are falling.
 
All I know is I got at least three more I want. Vz58 with beaver barf, Cz527, and a Huglu side by side. So far over the last few months most of those have actually raised in price. I'm expecting new to raise, and even used for a long while to stay close to original sale price as many people purchased these new and wont even use them due to the current situation, then sell them off when financial hardship kicks in. So I'm going to pay more then I would of this last summer but that's life, prices change times change.
 
Scary for sure if you have never lost a job or taken a pay cut due to economic circumstances out of your control.


For the rest of us Meh.
 
JIMMY 808 said:
Chin up boys take it no one is in the oil patch or a farmer?

Been less than a month.
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I don't know any farmers smiling. We are small scale and if this keeps up will lose our shirts this year. In fact debating if we should keep our seeds for next year and not even plant
Both places we sell our product is closed and we are not set up to ship or package
If we do plant my guess food banks will benefit which is great but no money made there
One friend does 4 large fields all spread out and he knows three he will not be able to keep people out of so is thinking he will do the one by his house only
I think your comments are not based on real life here
Not to mention I still have 2 feet of snow still and ground frozen like a rock which is putting us behind 2 weeks so far. So much for the may 1st onions being planted with or with our the virus
Take care
 
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3macs1 said:
I don't know any farmers smiling. We are small scale and if this keeps up will lose our shirts this year. In fact debating if we should keep our seeds for next year and not even plant
Both places we sell our product is closed and we are not set up to ship or package
If we do plant my guess food banks will benefit which is great but no money made there
One friend does 4 large fields all spread out and he knows three he will not be able to keep people out of so is thinking he will do the one by his house only
I think your comments are not based on real life here
Not to mention I still have 2 feet of snow still and ground frozen like a rock which is putting us behind 2 weeks so far. So much for the may 1st onions being planted with or with our the virus
Take care
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This is my 5th oil crash in 22 years it’s always a rainy day...

The 4 other crashes are why everything is taken care of.
 
JIMMY 808 said:
This is my 5th oil crash in 22 years it’s always a rainy day...

The 4 other crashes are why everything is taken care of.
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That still makes you a quick learner. It appears as though most need a minimum of ten cycles. And even then it is the governments fault.
 
JIMMY 808 said:
This is my 5th oil crash in 22 years it’s always a rainy day...

The 4 other crashes are why everything is taken care of.
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Yes but not downplaying it but rain out your way means I just get another job
Here there is nothing to get when the shoe falls and it has many times over my career regardless how many trade tickets one may have
Take care
 
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