According to an industry insider, all the major firearms manufacturers and bullet builders are gearing-up for a post-election sales surge. “They’re creating huge inventories,” he said. “This time they’re ready if Obama gets re-elected.” We’ve discussed the possibility of an Obama administration second term leading to a major push on gun control. I reckon it’s paranoia-fuelled hype; lame duck or no, the President is smart enough to realize that gun control would enrage a good part of the electorate, who would take their (non-violent) revenge in subsequent Congressional elections. TTAG’s AI reckons I’ve got my head in the proverbial sand. Anyway, perception is reality is sales. If Obama is turfed—or everyone who wants an AR already has ten—the gun industry could be left with millions of excess-to-demand firearms and billions of bullets, lowing prices. Watch this space.