Guns, ammo the “new gold”? - FOX 35 News Orlando

Guns, ammo the “new gold”?

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With month long waiting lists now common at several gun shops sales are being driven to the internet.

Online sites like- Texasguntrader.com are filled with high powered ads. Military style rifles are being listed for more than a thousand dollars and accessories like large capacity clips are posted at $100.

Cory Bush recently cashed in selling several 25 round clips on the site.

"I purchased each clip for $10.50 and I sold each clip for $75," Bush said.

Unloading gun gear is starting to resemble the gold rush that took place earlier this year. A spike in the price for precious metals had people selling wedding rings and family heirlooms.

Now gun-stock blue may be the new gold with private gun owners like Cory Bush buying and selling like playing a hot commodities market.

"Definitely it's an investment, it's definitely, you won't lose in value it's going to do nothing but gain in value," Bush said.

The expectation that Congress will eventually pass a federal gun law is not the only reason behind the price hike.

The Texas Democratic Party is doing its part to keep the buzz going. A special task force has been created to pitch gun safety legislation during the upcoming legislative session.

Party Chairman Gilberto Hinojosa released a statement outlining the strategy of relabeling gun control by writing:

"It is time that we examine how gun safety ----partners with mental health care and education. We owe it to our children and to our communities to find common sense solutions."

"And I believe we may well be at a tipping point in 2013," political analyst Chuck McDonald said.

McDonald says the plan will have to evolve into a bipartisan effort. Protecting guns rights while finding common ground he says will be difficult but is possible.

"I think it is an opportunity for the state of Texas and I think there are folks in the legislature who are a lot more realistic and reasonable than is often is the character of the Texas legislature. And there is more issue to this issue than putting guns in schools because more guns and more guns isn't a long term solution to this issue," McDonald said.

The long debate may end up doing nothing more than increasing the asking price for a gun.

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