Colorado gun sales skyrocket to all-time high as gun control debates heat up

March 20, 2013


DENVER – Colorado gun sales have been at an all-time high over the past three months, and the increase is a direct result of gun control debates.

The mere discussion of a ban on assault rifles in particular is flooding the state with assault rifles.

Denver University finance professor Mac Clouse says the increase is simply a result of supply and demand.

“We wouldn’t see the demand increase if there weren’t a ban, so we’re getting a bubble that’s caused by that demand increase due to the ban,” Clouse told CALL7 Investigators.

When consumers believe they can no longer get a product, he says, the demand — and the price — goes up.

“We saw lots of people buying Twinkies when they thought that they were going to disappear, purely for the reason of selling it later on Ebay for $20 a box,” Clouse said. “And it was the same idea that we got this artificial increase in demand (for assault rifles) because we thought that they were going to go away.”

Clouse notes that the proposed assault rifle ban is intended to reduce the amount of people who own the weapons, but talk of the legislation is actually causing an increase.

Clouse says that if Congress wanted to make military rifles less valuable to consumers, it would have to make them less desirable, such as proposing registration that would make them more difficult to sell.

That, coupled with a buy-back program, could theoretically cause people to get rid of the weapons, Clouse told Call7 Investigators. However, like the national assault weapons ban, such a proposal would have little chance of passing.