Geoff

I believe you are looking at it from a very US market
/ view point.

When I sell a gun, my market is the whole world, not Australia.

Lets look at the DR Market.

Started in the UK many many years ago.
Africa started the boom
India etc made it take off - Maharaja's
Australia, UK and US bought them back as demand took off.
US Demand outstripped supply so prices sky rocketed.

Major source of guns from India etc now dried up so prices
still going up.

Some old guns from people getting out still come on the market.

However, NEW markets to sell the guns to have opened up and some well heeled buyers in these markets pay good $$$ for the guns - and are not afraid to lay down 100k for a gun without batting an eyelid. (and No, I'm not listing them on here !).

Just my HO which I am happy for you to disagree with.