Why Gun Sales Are At A Record High

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This Black Friday, Americans bought more guns than they ever have, breaking the previous single-day record set back in 2008 by nearly a third.

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And while analyst attribute the 2008 numbers to fears that Obama would outlaw certain types of firearms, they contend that the current surge is part of a long-term trend.

“When Obama was elected, I think people rushed out and stocked up on their tactical rifles,” Bret Jordan, analyst at investment firm Avondale Partners said, referring to military-style weapons that were potential targets of legislative restrictions.

More recently, though, the focus has switched to handguns. In spite of the economic downturn, “The category of firearm that has continued to sell very well is something one would have if they were concerned about their personal safety,” Jordan said.

Read more at msnbc.com

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