"Deja vu all over again." Sign of the times. "Smith & Wesson Posts Insane Earnings, Revenues Skyrocket."

"It's deja vu all over again." -- Yogi Berra.

As the winds of war began to stir in the months leading up to the Civil War...Sam Colt was shipping many of his guns to the South. Around this time Colt is believed to have changed the Company address on his guns from "New York City" where its sales office was headquartered...to the factory address in Hartford, CT in an effort to appease his Southern pro-slavery customers. The reason, as we understand it, was that many Southerners viewed NYC as the epicenter to the abolitionist Movement. After Lincoln's election in November 1860, Southern purchases seem to have intensified right up to the outbreak of the war in April the following spring. However, once the war began and the South officially became the enemy, Colt quickly changed his barrel addresses back to New York City. Love or hate him, Colt certainly understood the sentiments of his customers on both sides of the Mason-Dixon Line and he worked hard to fulfill their needs. -- Antique Arms, Inc.

Tyler Durden at Zero Hedge posts the above chart of Smith and Wesson revenues with this comment:

"When the final bubble does pop (and here we make the wild assumption that no intelligent extraterrestrial life will be found to bail out the central banks in time), at least everyone will be locked and loaded."

Durden is referring to this press release from Smith and Wesson.

The Blaze picks up the same story and posts it under the headline: "Smith & Wesson Posts Insane Earnings, Revenues Skyrocket."

I guess there's a whole lot of folks who think, like Yogi Berra, that it's deja vu all over again.

A Confederate and his Colt.