Comments (7)
propaganda,
in this day and age all you have to do is mention ATF, Hillary or mass shooting and the feeding frenzy is on !
should have stockpiled wasr 10's back in 07, i could have doubled my money selling to 21 year old mall ninjas in today's market .
As others have mentioned, this old story from June (3 months ago) was just syndicated. The real news can be found here: https://www.nraila.org/articles/20160831/atf-delays-any-changes-to-nitrocellulose-regulation...
The ATF issued an "Oops" memo on 31AUG... Check out the last two sentences...
June 2016 - Addendum August 31, 2016
Nitrocellulose- Update
ATF’s June 2016 Explosives Industry Newsletter included a brief discussion of Nitrocellulose, and attempted to clarify the circumstances under which wetted Nitrocellulose is considered a high explosive under 27 CFR, Part 555. As with all explosives, ATF’s focus is on the potential public safety risks associated with materials that can be misused or diverted to unlawful purposes. Subsequent contact from industry members who import, transport, store or employ wetted Nitrocellulose in the production of ammunition, however, has brought to our attention issues that were not fully addressed in the Newsletter and require further consultation and consideration with the industry. Accordingly, ATF has and will conduct further industry outreach concerning wetted Nitrocellulose. In the interim, previously authorized industry practices concerning wetted Nitrocellulose will not be affected.
Just a guess but betting DOT called up ATF said, look Carl, STFU, moving products from point A to point B is our rice bowl, get your fingers out of it. If we can regulate moving of special weapons, we can handle moving wet nitrocellulose. You worry about it after it arrives at point B. Don't you have some small Mom & Pop FFL to harass or clear your 6 month backlog of Form 1 and 4's ? Thought so, run along, look both ways before crossing our street.
ATF has already delayed this decision, no reason to panic(yet): https://www.nraila.org/articles/20160831/atf-delays-any-changes-to-nitrocellulose-regulation...
That isn't terribly relevant, since people purchase on speculation and the lack of supply itself will drive the price up. Just the fact that that this article, and others like it, has been plastered all over every gun news site, is enough to cause an early panic buying wave that will likely continue through the election.
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