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Firearms Background Checks Hit All Time High In June

Courtesy of ZeroHedge View original post here.

A record 3.93 million firearms background checks were run in June, the highest volume since the inception of the National Instant Criminal Background Check System (NICS) in 1988, and over one million more than June, 2019.

Last month's figure eclipses the previous record of 3.31 million in December, 2015, according to Bloomberg, citing FBI data. And according to The Trace, "all four weeks of June rank among the six busiest weeks NICS has ever recorded."

Photo via JP Enterprises

 

The record jump comes amid national chaos, as BLM protests over the killing of George Floyd, a black man who died after a white police officer knelt on his neck for over eight minutes, has frequently featured looting and riots. It also comes as former Vice President Joe Biden has experienced a jump in polling against President Trump. 

The only time when gun background checks rose at a faster pace was when President Obama started his second term. https://t.co/CdHbkn4Opy pic.twitter.com/fe9P1k7mcO

— Bespoke (@bespokeinvest) July 1, 2020

During June, Smith & Wesson Brands shares soared 82%, Vista Outdoor climbed 49% and Sturm Ruger rose 22%; all three stocks were adding to their gains Wednesday. -Bloomberg

That said, while background checks are the best approximation of how many guns have been sold in a given month, it may be an inaccurate indicator – as a single check can cover multiple guns, and there are non-purchase reasons for running one – such as permit applications, according to The Trace. Private gun sales are also excluded.

According to Small Arms Analytics, a consulting firm, the June background check figure translates to approximately 2.4 million gun sales. Handguns accounted for a larger share of sales than ever before, continuing several months of steady increases.

In May, The Trace and USA Today reported that gun sales had increased in several of the states that shuttered dealers, as many shops defied stay-at-home orders. All five of those states — Massachusetts, New York, Michigan, New Mexico, and Washington — have now allowed guns dealers to resume some business. -The Trace

Meanwhile, anti 2nd Amendment groups "Moms Demand Action" and "Everytown for Gun Safety" are utterly triggered by the record background checks.

"Polls show that the ongoing surge in American gun sales is being met with a surge in the number of Americans who want stronger gun law," said John Feinblatt, president of Everytown for Gun Safety.

"If lawmakers are serious about public safety, they will take immediate action to ensure that a background check is completed before every single gun sale, even if that takes longer than the current federal limit of just three days."

After leftist calls to defund the police – which have stopped responding to some of the most dangerous parts of US cities in recent weeks – leaving residents to defend themselves, we're guessing any arguments for gun grabbing have fallen on deaf ears.

JP Enterprises GMR-12 9mm carbine

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