tbird412s:
Your savage is more than capable of taking elk. For full disclosure, I have never hunted an elk (hoping the state of Colorado will draw my name this year). However, if and when I finally get drawn, I will be taking my 270wsm. I will be using a 150 grain accubond bullet and have no doubt what so ever that as long as I place it in the boiler room, he will either go down where he stands or shortly after. I actually have a 300 win mag that I will take as a back up rifle, however, I feel more confident with my 270, so that is what I will use. If you want a new rife, go for it! Always good to have extra rifles, just don't worry so much about the caliber. You already have a fine elk/deer rifle in you 270. If you do want a larger calliber, I would go with a 30-06 or higher. The ballistics of the 7mm mag are just not that much better than a 270. Remeber 7mm= .284 inch. 270= .277 inch. Diference: .284-.277=.007 inch.