Americans are loading up on guns and ammo in the wake of race protests
Angel Rambert, 26, bought her first gun on Monday after weekend protests tore through Atlanta, demolishing storefronts and stirring civil unrest. An AT&T store across from her apartment in Buckhead, Georgia, was ransacked, Rambert said. And owning a gun would give her a greater sense of safety.
"During the times we're living in, you just never know what might happen," Rambert said.
She was met with long lines at two nearby gun shops when she went to purchase a pistol. "At first, I was surprised at the number of people, but I was happy to see so many of us exercising our amendments," Rambert said.
She is part of a wave of Americans shopping for firearms as protests erupt across the country triggered by the death of 46-year-old George Floyd,
Voters on both sides of the aisle saw the statement as motivation to go out and purchase firearms with many tweeting variations of “time to buy a gun” on Tuesday.
Shares of several gun and ammo makers surged on Tuesday, bolstered by a rise in background checks, before falling again on Wednesday.
Smith & Wesson Brands’ stock was up over 11% on Tuesday, numbers not seen since October 2018, before dropping 3% on Wednesday. Ammunition maker Vista Outdoor's stock was up more than 7% but dropped to 3.4% on Wednesday.
The spark in investor interest came after, the FBI reported that there were more than 3 million background checks last month, the highest for any May on record. The agency does not track actual gun sales, because multiple firearms can be included in a single transaction.
https://www.usatoday.com/story/money/2020/06/03/americans-buying-guns-and-ammo-w... The hoplophobes in Australia who think their worthless opinions on guns will make any difference in the US should seek professional help for their hoplophobia.