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The current financial turmoil among the southern european countries (Portugal Italy, Gereece, & Spain - PIGS)looks to severely impact their economies. Two of these countries, Spain & Italy, produce some of the world's best double guns.

In the past 10 years the price of the EURO has bounced from $.85 to $1.50, and the US price for Perazzi's, Grulla's, and Arrieta's have more than doubled. Some equated those price increases to the falling dollar and rising EURO. I don't know if that was the only/main cause for the price rises.

Now that these same southern european countries are experiencing monetary difficulty, it raises an interesting thought for double gun enthusiasts: "WILL THE U.S. COST OF PERAZZI'S AND GRULLA'S NOW DECLINE? AND BY HOW MUCH?".

Opinions and commentary eagerly sought.

I suspect they will until the US inflation begins. We are destroying the dollar by deficit spending as never before in our history. The only reason we do not have inflation is because the banks are afraid to lend the money that has been printed. If they keep the cash, they are less likely to be closed down by the Marxist in power. When they do finally begin lending, the hounds of inflation hell will be loosed to go along with a stagnant economy and we will see stagflation worse than anything we saw in the Carter years. The only way to stop this will be for a Republican Congress to not fund the Obamination's Marxist goals. Vote in November. Be aware, we are at WAR with the anti-Christian, anti-white, anti-capitalist, anti-American heathen in the White House.

I live in southern Europe - but not in any of the PIGS as you call them. As far as I understand economy there is very little chance Italian and Spanish guns will be available at discount prices anytime soon. Any "savings" due to dollar-euro situation will be "lost" by importers or rather to them. EU as a whole is quite strong economically and is already giving large credits to her weak southern link (Greece). I monitor gun prices inside EU and I do not see any unusual trends - business as usual IMHO.

Pete, your message says the US is buying more than it's selling and the banks, scared to loan more money, will only aggravate the financial situation through inflation when they start lending because the country will continue to buy more than it is producing and it's all the fault of one man living in the White House.

I agree that Obama shouldn't get all the blame here but, on the other hand, he's done nothing to forstall a economic meltdown that's surely coming. These's plenty of blame to go around here from the banks,as anyone who has watched the televised hearings of late can see, to greedy real estate executive and greedy home buyers.
The only reason the stock market is up is short term profits have risen and this has led to a false indication that the economy is improving. However; Nothing else including an increase in jobs that would signify a real economic recovery has occurred.
A REAL dire warning,which will have a direct effect on many posting here, came from the head of the Federal Reserve in that severe cuts WILL have to be made in Social Security and Medicare benefits in order for the Country to survive.
The bottom line is Obama and the rest of his Socialist crew is leading us down the path to economic ruin. The comments above inre. to the "money" supply are right on and with the Trillion dollar deficits run up by the current administration the dollar is essentially next to worthless.
I for one wish we could go back 40 - 50 years where politics wasn't the primary thought in our lives and had only minimal effect upon our interests such as gun collecting. I know a lot of you would prefer to avoid this subject but it is reality and will effect the lives of all of us.
Jim

In reference to the U.S. economy, I might as well throw in my 2-cents' worth.

Simply put: the U.S. has spent--and is continuing to spend-- not only more than it has, but more money than it can possibly come up with, even if it raises taxes to extreme levels. Therefore, it's not a question of "if" rampant inflation will hit the U.S.; it's a question of "when."

I don't know if I'm doing the wise thing or not, but my philosphy over the past year or so has been to buy what I want now, while my dollars are still worth something!

I work for a european company selling into the US, so I deal with this every day. It is true that a weaker Euro will make European goods cheaper for us here. When I look at the range that the dollar and Euro have exchanged over the past year, the dollar is doing pretty well against the euro right now, although it has done better at times over the past year. I think the biggest change in pricing on european goods came several years ago when the dollar was significantly stronger than the euro, whereas now we're at $1.35ish for one euro and we consider that pretty good...a 30++% change will have a marked affect on the price of imported goods here.

A weak dollar encourages buying domestic goods--there is definitely a silver lining to a weaker dollar sometimes. For example, wanna stop sending jobs to china? Then we definitely WANT a weaker dollar relative to the chinese currency.

Barack O'Bama's "Thelma and Louise" economics will destroy this country. Yes the US has been irresponsible for a long time but O'Bama has doubled down on this fiscally irresponsible approach with bailouts that haven't worked, lying about taxes, takeover of industries, a new health care plan that was flat out lied about in terms of costs and impacts on our medical system. It was funny this year to watch a provincial leader of Canada decline to have his life saving surgery in Canada and come to the US for his surgery. He was smart to take advantage of it while it lasts.

"I for one wish we could go back 40 - 50 years where politics wasn't the primary thought in our lives and had only minimal effect upon our interests such as gun collecting."

ISXS, it was a fine time and we were reasonably safe telling out elected officials to go do the right thing and leave us in peace and quiet. Unfortunately, too many used this approach for too long. Now, we have some "undoing" to do. Way too many of our elected officials are, or have become, career politicians with a "me first agenda" and not real consideration for those doing the electing and paying the tab. Time for some original old fashioned involvement. We have a right to be involved, but no guarantee to politicians doing the right thing when we are not involved.

Seymour Sunny, you got it right:

"I don't know if I'm doing the wise thing or not, but my philosphy over the past year or so has been to buy what I want now, while my dollars are still worth something."

Reporters---journalists to me are reporters without jobs---generally have no business acumen, no sense at all when it comes to money. I'm hopeless but more
than 40 years ago when I was working where streets were paved with gold, I decided to buy the guns, ammunition and reloading supplies for when I'm old and without money.

The result was most satisfactory. Imagine Curtis and Harvey black powder at $1.25/pound and 20-round boxes of Dominion 7X57mm at $3.75. Every time I take those old purchases off the shelf I handle them more tenderly because they're reminders of a simpler time when we were judged by who we were and not the size of our possessions or clothes on our back.

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