Seems to be plenty of ammo. I broke down and bought a 100 pack of .45ACP at Wally's yesterday. WWB, $35 plus tax. A little higher than 2007, but not any higher than it has been since the 2008 election. There is plenty of it now, apparently. I probably bought up 4000 rounds in the last two years, buying 50-100 at the time, 'cause that was usually all any given WM had on hand. I said I was going to quit buying, but I just can't seem to help myself.
I am old now, and my children and nephews and nieces will probably wind up shooting a bunch of my ammo. That's OK, though. I just don't intend to run out. I have been hoarding since the "Clinton Scare" of 93-94. Ammo and components.
My advice to you youngsters: buy what you can now. It ain't going to get a bit cheaper, and as we have seen, it doesn't take much to precipitate a shortage. Buy a little bit every month. If you normally shoot 100 rounds per month, try to buy 200 rounds. If you shoot a whole lot more than that, you need to be reloading, and you need to hoard components. If you own a couple of rimfire rifles and handguns, you should be putting back at least one 550 bulk pack every month. I figure everybody should have a minimum of 10,000 rounds of .22 rimfire on hand.
I am shooting .45 ACP hardball marked $8.99 per 50, .22 rimfire marked $9.99 per brick, and using primers marked $8.99-$9.99 per box. It sure is nice to be shooting that cheap ammo, but I'm still buying.