1. After six years of the Obama Administration, no one came to "take their guns away", despite several high-profile shooting incidents.
2. Everyone who wanted a gun - or multiple guns - bought all they could afford, and don't need anymore. Once you have four or five assault rifles and handguns, do you really need another one?
3. Guns are not cheap, nor is ammo, and people need money for more urgent daily needs than the "end times" or whatever.
4. Weapons producers (and ammunition manufacturers) have been cranking up production to meet demand (just as gold producers have) and have saturated the market with weapons of all sorts.
1. Whenever someone tells you that you should "buy now!" because something will be in short supply, take it with a grain of salt.2. The law of Supply and Demand is inflexible. Whenever something is in short supply - and prices rise accordingly - other producers will enter the market with like or similar products, at slightly lower prices.3. Eventually, demand becomes satiated, and prices stabilize.4. Once demand slackens, a surplus may occur, and prices may in fact plunge.
UPDATE APRIL 2014: Well, that didn't take long. The Gun Bubble has burst. And folks who paid top dollar for an "assault rifle" now own a useless commodity that is worth half what they paid for it. Sort of like buying Gold at $1800 an ounce (it now is languishing at $1250 or so).
Guns, like Gold, are a fear commodity, and can sell only in times of uncertainty. As the economy improves and threats of "cutting off gun sales" subside, the demand drops off the map.
And then people who really couldn't afford these things in the first place (Cletus in his Trailer) realize they squandered $1500 on a weapon worth maybe $500 on a good day. And they realize it is just a "thing" languishing in the closet that has no real practical use in their lives. So they sell it when they need rent money or drug money or whatever, which further depresses the prices.
Meanwhile, gun manufacturers, who ramped up production, face a catastrophic fall-off in sales, as the market is flooded with cheap used guns. Buying weapons stocks, in retrospect, would not have been a good idea - which is why I am glad I didn't take that gamble!