Our last article on the Federal Firearms License (FFL) topic created great discussion and many follow up comments. Several concerns were raised and now we hope to better address these open items.
With Obama in the Oval Office and many speculating another pro-gun control politician, Hillary, likely to replace him… firearms and related items are in demand at an all-time historic record high.
Record High Demand for Guns
There is fear of future gun control laws making current firearms unattainable. There is also obvious increased fear of protecting one’s self and family from the power of a big government, especially after the continued releases on NSA Big Brother snooping. The firearms market is a perfect storm, with all situations brewing.
Top financial experts are even recommending buying and keeping more guns to protect yourself and your family when the USA financial markets collapse as many predict (and we know is coming).
The National Shooting Sports Foundation (NSSF.org) stats show enormous growth in:
- women shooting
- increased target shooting hobbyists
- overall decrease in firearms related accidents…
These are all positive trends for continued growth and fueling demand for firearms in America.
Economic Boom for Gun Sellers
If you like firearms and see value in being at the center of an economic boom where you have access to fun toys and make a little side cash, you have probably pondered the idea of getting an FFL License. The greatest fear though is the government.
Ever since the ATF raided Waco, Texas and the Branch Davidians in 1993, many have continued to fear the ATF and our government’s enforcement of weapons related issues. Fast and Furious is a more recent example of ATF and our big government overstepping their bounds.
If I get an FFL, what can I expect from the government?
You will need to complete a background check, similar to obtaining a concealed carry permit. ATF will come out to meet with you to ensure you understand the rules you need to play by. Both are painless and really have limited downside.
How often will ATF be back after my FFL is approved?
There are tricks to putting appointment only to avoid surprises. The average time before an ATF compliance inspection for a non-pawn shop, home based FFL holder is about once every 30 years. The ATF staff is stretched fairly thin for compliance inspections.
Can ATF search my home anytime?
Nope. You will not give up your Fourth Amendment rights when you obtain an FFL License as many incorrectly assume.
Can ATF inspect personal guns during an ATF compliance check?
ATF asks that any personal firearms stored with FFL inventory firearms be labeled as “Not for Sale” to show they are personal firearms. Another option is to provide a list of personal guns that are stored with FFL inventory at the time ATF arrives for a compliance inspection so ATF will not review those guns as part of the compliance inspection. Another option is obviously to store personal firearms in a different location.
Do I need a store front to get approved for an FFL?
Nope. ATF still approves home based dealers. The Internet FFL holder is very common actually. 64% of all FFL holders are in residential locations.
Government will visit me first if they come for guns?
Just because you are an FFL holder and have the legal ability to buy and sell firearms, it does not necessarily mean you have firearms stockpiled. One could suggest the reverse is true… you are most likely well-armed and ready for any such event the government might consider.
More background on ATF & FFL holder relationship
ATF actually needs the FFL for them to do their jobs. As many incorrectly assume, ATF does not have a national database of firearms serial numbers at their ready access. The FFL holder keeps these serial numbers in their books. Serial numbers are only shared with ATF when there is a criminal investigation.
If a firearm is found as part of a crime, ATF has to do a trace to determine original origin. For example, ATF would call the manufacturer, the wholesaler, and then the dealer to see who the final buyer of the firearm actually was.
In our current political environment here in the US, the government is our greatest enemy to full freedom. We need to be educated about our government and educated about our freedoms. The firearms market only continues to grow and demand only increases as the government continues to expand.
Getting into the FFL holder ranks might be worth considering at this point in time if you want to start a business or need to save money while arming a large survival group. Easier access to firearms and the ability to legally help transfer firearms to family and friends is a key strategy for your survival now financially and after the SHTF.
How to Get Your FFL License
If you are interested in additional information on the FFL License process or additional insights, reach out to Brandon or listen to this episode of Gun Guy Radio on How to Get Your FFL License.