breakingviews: America's gun spree could run out of ammo - Oct. 22, 2009

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Vaya con Dios

Guns in the hands of citizens have been increasing in number for years and years. The Obama Bubble, in the long run, will even out, in my opinion. What is important the way I see it is that firearms manufacturers successfully make it through the bubble without having added equipment, employees, and work shifts that cannot be sustained as demand recedes to "normal" and inventories are depleted.

Just cause shooters have one gun that shoots (or a bunch) doesn't mean they won't want more.
I'm about ready to start looking for bargains.

I agree 5 Wire!
The slow down in the economy had to catch up with the paranoia at some point? My guess, post X-Mas into early 2010'. And then@ IRS time will be when the tractor protection valve really blows and the air brakes automatically come on. Most that wanted/needed one (or 10?) have them now. The interesting thing will be watching what happens in the ammo market? I'm guessing that there's more than one ammo horder that much like large homes purchased 04'-08' will be upside down in the deal if prices drop too much? Strange days, eh!

As we say Down East on the right coast, Ayuh.

I'l bet there'll be some bargain (hoarded) ammo to be had in panic selling before too long.

I have been hoarding ammo and components since the day Bill Clinton was elected. I will continue to do so until I just run out of somewhere to put it. I bought a 100 pack of .45 last week. I bought a 1 lb can of Bullseye last week. I bought a 15 pack of 12 ga. slugs and one of 12 ga 00 buckshot today. I have taken powder, primers, brass, and loaded ammo in trades in the last year. Every time I go to a Walmart, I get some kind of ammo. When I die, folks will surely shake their heads and roll their eyes when they hear about all the ammo I have stored away. I hope to retire next year and finally "consume" some of that ammo. I figure I won't have any extra cash for ammo on my teacher retirement. I guess my point is that all hoarders aren't doing it to resell and make money.

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Georgia On My Mind

I'm sure you're right but I'm also sure some will.

If ammo and firearm prices fall, I may have to pick myself up some more ammo and a shotgun for target shooting.

I agree things are slowing down, plenty of used for sale. I also think the dems will be back with more restrictions, the timing is off now.

If some have their way, today's "hoarder" may be tommorrow's "shooter."

If anything like the California ammunition restrictions or the once proposed Clinton "arsenal" restrictions sees the light of day, the only people shooting will be the ones who had the foresight to buy all the ammunition they could get their hands on.

If things get worse than just having restrictive ammunition and gun laws, ammunition will be a valuable commodity. Arguably the most valuable commodity.

Lots of "ifs," but it is foolish to completely ignore them and liken them to the housing, stock, and commodity "market bubbles" we hear so much about in the Media. I hope there is cheaper ammunition to be had at some point, but I doubt it. I do not like the lying, cheating "resellers" (the ones who reportedly buy up everything at Wal-Mart and try to sell it for two or three times what they paid) any more than anyone else, but I doubt they will go completely broke unless there is some sort of restriction or complete prohibition on ammunition transfers.

Best to buy what you can afford as insurance against not being able to buy it in the future...and hope and pray that there is not a move to completely outlaw lead based ammunition...that would be the ultimate "game changer."

Ebb and flow. It's the same with all things. Gun sales, housing market, Wall Street, global climate, morality, whatever. It's either going up or going down.

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Wayne
Torn & Frayed