mdef metals defense energy food

What is MDEF™ Investing? Strategy before tactics. Strategic investments dictate tactical actions in the Metals, Defense, Energy & Food sectors.

- Jeffrey C. Borneman

Gun sales boom on Black Friday: Almost 3 background checks per second

Jeffrey C. Borneman | December 1, 2014

Presented without comment except to say, follow the DEMAND.

(CNN) -- The busiest shopping day of the year also saw a major boom for gun sales, with the federal background check system setting a record of more than 175,000 background checks Friday, according to the FBI.

The staggering number of checks -- an average of almost three per second, nearly three times the daily average -- falls on the shoulders of 600 FBI and contract call center employees who will endure 17-hour workdays in an attempt to complete the background reviews in three business days, as required by law, FBI spokesman Stephen Fischer said.

"Traditionally, Black Friday is one of our busiest days for transaction volume," Fischer said.

Indeed, Friday saw the highest number of background checks ever for a Black Friday, and second in history. The highest day on record was December 21, 2012, with more than 177,000 background checks.

Read the Original Article

comments powered by Disqus