The ammo "bubble"

eddiejoe333::

I went to my local shop and bought a box of .357FMJ Fiocchi ammo @ $25.00 for 50 rounds. I think this is fairly reasonable, but I don't follow ammo prices that closely.

I do follow prices, and that about right as of today.

I shot a lot of Fiocchi .357 142g FMJTC as of a years ago for about half ($13ish), but that was then, and even Fiocchi went up. I bought a lot (20+), but I shot them all up.:confused:
 
What does the current run on ammo have in common with the internet NASDAQ bubble, the housing bubble, the energy bubble and every other economic bubble that we have encountered with this economy in the last 10 years?

Nothing.

The price of ammo went up last year due to the increased price of fuel which impacted shipping costs. It never came back down after the lowering of fuel costs.

When Obama was elected some folks went on ammo and gun buying binges out of concern for a ban, or increased taxes, general unease over the economy (which has scared folks more than they like to admit), because Nostradamus told them to, the Rapture is coming, or some other odd reason.

Many other folks saw this and said "Uh-Oh! There's gonna be a shortage! I better get mine before there is no more". So they ran out and bought palattes full. This created a shortage. The price of ammo went up again.

At present ammo manufacturers globally are working at peak capacity to meet the demand and in a month or so (or until folks run out of money to buy multiple cases of ammo) the shortage will clear up.

Right now we are living through economic times that no one alive has ever seen. There will be odd sideshows. Like the hysteria over the flu, the ammo shortage is an odd sideshow.

tipoc
 
in albany county in ny state (where the capitol is) there was a
proposal to limit ammo sales to 100 rounds every 90 days

i think it died in committee, but even if it went away, nothing every
totally goes away

so this is one county in the state, BUT some times what happens
in the capitol county spills over to the rest of the state, although it
may take some time

when i bought two boxes of federal 550 bulk packs in the local
box store the other day, i realized that that very well could be
THREE YEARS WORTH! of my "allotment"

since it is quite easy to burn a few hundred rounds in any range
session, i would think that you can see why i might be laying
up a few boxes, just in case

we hope that this legislation wont come into realilty, but it is
something we all have to take very seriously

as it was said, the "control" wont be to take away our guns, but
will be in our ability to use them as we have been able to in the past
with things like ammo tax and ammo quantity restrictions

i know that this isnt something that is even statewide yet or
even proposed in other states, but we have to be realistic
and deal with the fact it may/will be coming

yes...joining pro 2A groups on the local, state and national level
and sending lots of messages to our politicians on all levels
are things that we should be doing regularly...
 
LOL :D

Absolutely. I really do like hearing the stories my dad and his cronies tell about living through the 30's and 40's. They usually go like this:

"I remember back when I was a kid growing up in TX in the 30's. Things were so tough that we ate barbed wire, thinking it was spaghetti."

"Oh yeah? You think that's tough? Shoot, in Utah we KNEW what it was but ate it anyway."

No doubt there have been lots of humans who have lived through times a lot tougher than most of us will ever see.
 
I find it odd that the minor inconveniences of getting ammo these days is putting so many of you into a tizzy.

Ammo is not impossible to find. It is actually not that hard to find on the net if you are willing to wait a few weeks for delivery.

Its all those guys that thought WalMart would always have ammo available on a moments notice that are creating the problem.

BTW, wideners has 223 ammo!!!

http://www.wideners.com/itemdetail.cfm?item_id=8495&dir=18|830|845

PRVI 200 round packs reloadable brass case MilSpec M855

1 to 4 - $89.00
5 and up - $87.60

Limit 5000 rounds.
 
History proves that these type of things will correct themselves at some point, just show some restraint and shoot when you can for a reasonable price. I imagine most of us have SD ammo far beyond our actual "needs",
This hysteria will cease give it time.

P.S
The sky is not falling;)
 
It seems that a respectable number of folks are still making larger purchases than have commonly been seen most of the time ...

I stopped by my old agency to visit a couple of the instructors with whom I used to work. One of them told me of a recent gun show which had demonstrated the lengths to which a number of folks are still willing to go to obtain ammunition to seemingly 'put back'.

He said there were supposedly two lines to enter the show. One for general admission and one specifically for folks intending to buy ammunition. The ammunition sales line supposedly had a minimum purchase amount requirement and customers could leave the show to store their ammunition purchases and then return through the line for another trip through the show to buy more ammunition. :confused:

He said the people in line for ammunition had a lot of hand-trucks and the line didn't go down all day, continuing to cycle through as people returned to make repeated purchases.

It seems that folks will do what folks will do, each one looking out for themselves. Not surprising, really ...
 
A friend and myself had bought lots of ammo before all this madness because neither he or I want to get into reloading right now. I put alot of rounds down range and that's why I stocked up (and boy I'm glad I did). There is still ammo deals out there, you just have to be diligent and hunt for them.
I strongly believe that when the republican party takes back the house, that yes we will see alot/glut of AR's and ammo out in the market. When that happens I'll be kicking myself for buying a Sig556 at a slightly inflated price.
 
No doubt there have been lots of humans who have lived through times a lot tougher than most of us will ever see.

Around the world alot are doing that right now. Nope this things just getting started. What saves us some trouble here, in the U.S., is the social safety net many fought for decades back. Most folks in this country don't have it as hard as we did growing up in the 50s and 60s and would think that was hard times. But back in the 30s most folks could at least go back to the land. Much harder to do that now.

On the ammo shortage: The ammo shortage is created by fears of attacks on the 2nd Amendment not so much by actual attacks as by the fear of what may come. On the other hand the 2nd Amendment is in a stronger position now, and folks are better able to defend it, then it has been the last coupla decades. However I do expect attacks in the form of higher taxes on ammo and attempts at restrictions. Which does not justify running scared and hoarding.

tipoc
 
No ammo

I have 3 wal-marts, 2 sports authoritys, 1 bass pro within 30 mins of me. None of them has had 9mm,38spl,380,40,22lr. FOR MONTHS!!!! THANKS HOARDERS :mad: NRA MEMBER
 
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Can anyone give one, concrete example of something the Obama administration has done to limit gun or ammunition sales?

How about personally proposing that anybody reloading ammunition be required to have a federal license? Obama absolutely will limit firearms and ammunition availability the first time he has a chance to do so - luckily for us, he isn't going to have that chance until February 2011 at the earliest and probably not then either.

As for all the crying about hoarding, I buy ammo several thousand rounds at a time and have been doing that since 2000. Everything in the United States now works on a "just-in-time" inventory system - meaning that for the most part there is no giant warehouse of stuff. Products are manufactured about as fast as they are sold. All of this works great until there is a spike in demand. When that happens, you see what we have today. If you want to be able to ride out periods of high demand, the only sure way is to have your own stock.

However, since I haven't purchased ammunition (except for a box or so of hollowpoints) in the past two years, I doubt I am the reason you cant find ammo in WalMart. I haven't had to worry about the latest ammo craziness because I had my own stock of ammo. Eventually this bubble will pop and I'll go back to stocking up for the next spike in demand.

Now if you want to pay seven times what I paid for a box of ammo just three years ago, well, that is one of the many glorious options made available to us by our system of capitalism. Just know that this price is an anomaly and you aren't going to be able to sell it for that if you need the money before you need the ammo. However, I'll be happy to buy it from you at 1/7th what you paid ;)
 
I hope and pray that some day in the future I will feel like a fool for having spent so much money on high-priced ammo I didn't really need after all.
 
luckily for us, he isn't going to have that chance until February 2011 at the earliest and probably not then either.

What's significant about that date? Why not earlier? Sorry if its a dumb question...
 
What's significant about that date? Why not earlier? Sorry if its a dumb question...

Right now, 65 Democrat House Representatives have signed a letter saying they will oppose any attempt to renew the Assault Weapons Ban. This means even more severe legislation is also unlikely to pass. So Obama needs 35 Republicans to support a ban to get it through the House.

IF it somehow got through the House, the Senate Majority Leader is Harry Reid of Nevada. Sen. Reid has never supported the AWB and as Senate Majority Leader he would have significant power that could be used to stop it - so Obama would be placing him in the awkward position of either fighting him on the AWB or handing Reid's opponent a hot button issue in Nevada's Senate election. Either way, Reid is unlikely to appreciate that and Obama needs Reid's help on a host of other bills right now.

So what Obama really needs in both houses of Congress are more gun control votes - and the earliest chance he will have to get them is the 2010 midterm elections. Meaning that IF the antis won big in 2010, they would be seated in January 2011 and February is probably the earliest they could act. However, historically, the President's party loses seats in the House during the midterm elections (in our entire history, there are only four exceptions to this that I know of; but two of them were in the last 20 years). So chances are very good that the Democrats will lose seats in the House - now whether that is good for us or bad for us depends on which Democrats lose (pro-Second Amendment or anti?) and who they are replaced by; but overall I like our odds in 2010.
 
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Thank you, that was a well written clarification. I was under the impression gun-supporting politicians were a large minority in the house and senate..thankfully thats not the case. *phew*
 
CA Ammo law

By the way....

The bill that one democrat in the CA assembly pushes every year to register ammo purchases, died again in comittee last week and it's gone for the year. The apetite for gun laws and gun regulation is very low even among Democrats, it's a political loser, period.

Frank
 
What amazes me is that people are buying the popular caliber rounds whereas I'm still able to buy bigger, less popular rounds for less.
 
Think it has something to do with global warming:D That causes almost everything...just ask Al. Or maybe Bush caused it.

I think you have a point Frank....it will come back.
 
Maybe this is on or off topic, but I frequently hear that we're being paranoid to think that the current majority of washington would love to restrict our 2A rights. Don't get me wrong, I'm not insinuating that Obama and all Democrats are part of a grand anti-Christ conspiracy. I think there is a very serious effort to restrict our personal and economic freedoms through democratic means. We're not going to see storm troops marching down the street to collect firearms in the near future. That will not stop the federal government to, all of a sudden, decide to regulate and register ammo or further restrict firearms in any manner they consider politically viable. That's the beauty... enough of Americans believe in their 2A rights that it would be political suicide for most elected officials that Overtly tried to restrict our 2A rights. Look for "soft" or covert restrictions, such as deeming bulk purchases of ammo as "suspect for militia and thus regulated". Or they may decide that Assault Rifle and Pistol ammo should be coded, and thus serialized and tracked. Don't believe me? Go look at the video of the Gov. of Pennsylvania who said Assault Rifles don't belong in the hands of ANY law abiding civilian.

It's also important to note that the far right have their egotistical restrictions and mandates on their own hot-button issues as well. I'm being non-partisan in my blame :) ... none of them care for much else other than getting re-elected, and ALMOST all of them could care less about you and me.



With that being said... if you can find ammo buy it. Don't get ripped for it... you can still find decent deals. Be a good man and never take the last 500 ROUNDS. Only take the last bit if you're buying 200 or less.
 
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