Gun sales are headed for a another boom after President Obama's reelection, says the New York Daily News. Last month, the number of background checks on potential gun buyers across the U.S. jumped 18.4 percent, said the FBI.  The number of applications for gun ownership is considered a leading indicator for future gun sales.

Experts believe the spike is linked to jitters that a Democratic administration might try to tighten gun control laws. Gun sales rose in 2008 after Obama was first elected. The FBI conducted 12.7 million background checks that year, compared to 11.2 million the year before, a 13.4 percent increase. "Sales are up," John Kielbasa, owner of Fernwood Firearms in Hankins, N.Y. told CNN. “I had a guy waiting here first thing in the morning (Wednesday). He came in, bought two AK-47s."