You’d have done better with stock in Sturm Ruger, the 4th largest gun maker in America (NASDAQ: RGR), than you would if you’d bought gold over the last 5 years. It’s stock is up 571% since November, 2007, and it’s presently sold out of guns. Gold is up about 266% [chart here] and the S&P is down 3% over the same period. Ruger has just announced that it will temporarily cease accepting orders for guns, until it can catch up with the backlog.
Obama and his Attorney General Eric Holder are far and away the best gun salesmen in history.
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