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Old 03-24-2013, 05:42 PM
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Default avoid buying overpriced ammo from gun broker

if anyone is buying overpriced ammo from gun broker, AVOID buying overpriced ammo from them or other auction sites. this is great insight on why things are the way the are.

The Ammo Shortage is an Illusion - YouTube

Last edited by erick1987; 03-24-2013 at 08:47 PM. Reason: better?
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Old 03-24-2013, 05:51 PM
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Do we need your permission to sell too, or just to buy?
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Old 03-24-2013, 06:17 PM
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i'm advising. if you are selling for premium prices and not to shoot, thanks for contributing to the missing ammunition in stores.

Last edited by erick1987; 03-24-2013 at 08:16 PM.
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Old 03-24-2013, 06:32 PM
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If you are selling, maybe you were well stocked before the "crisis".

Either way, I'm not buying or selling. Could care less as the vultures devour themselves. Eventually, everyone will either get a clue and vote with their $$$ or not if it's so precious to them. To me, if I'm spending $100 on a box of 500 22lr, I'll be shooting the real thing...centerfire...which I can still find some at the local store for only slightly inflated prices of a few extra dollars a box of 50 over what it previously sold at.

Honestly, if it's not already in my box, I'm not buying it to shoot.

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Old 03-24-2013, 06:38 PM
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i buy ammo to shoot not sell. if i have 1k or 20k rounds, i guarantee it's going through my barrel.
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Old 03-24-2013, 06:45 PM
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Quote:
Originally Posted by erick1987 View Post
i buy ammo to shoot not sell. if i have 1k or 20k rounds, i guarantee it's going through my barrel.
EXACTLY!- My local LGS wants to buy back ammo I purchased - at a slight profit to me- to let them have some stock to sell for $$$. I though about it for a minute then realized I enjoy shooting! If I sell my ammo, I have less to shoot. When I am forced to buy more ammo, it WILL cost more than what I paid in 2010-12.
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Old 03-24-2013, 06:48 PM
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Not everyone selling is buying it up at Walmart. Some of us have been buying a few boxes or a case every time we had a couple of bucks and built up a stockpile.

Nobody is forcing anyone to pay the inflated pricing. If someone wants to sell off part of their stockpile to finance something else, more power to them.
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Old 03-24-2013, 06:53 PM
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to me it is taking advantage of fellow gun owners. not saying u cant sell it but at 2-5x retail is gouging. kind of like gas after 9-11.
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Old 03-24-2013, 06:57 PM
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The guys who are doing all the crying and whinning are guys that never set a minimum inventory and keep it up. I always keep about a years supply and then update it as I shoot it. Why because I never want to have to buy when things like this happen as we have been through it before in 2008 when Obama got voted in the first time.
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Old 03-24-2013, 07:02 PM
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Buying ammunition is a thought that never crosses my mind as I roll all my own, and rarely shoot anything I can't reload.
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Old 03-24-2013, 07:09 PM
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Quote:
Originally Posted by beemerphile View Post
Do we need your permission to sell too, or just to buy?
Good point---I needed a certain type ammo and I paid an
inflated price on GB and I knew it---oh well I will do what I
have to if I want to shoot! If my paying a higher then usual
price is causing someone grief,too bad. Pete
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Old 03-24-2013, 07:29 PM
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Quote:
Originally Posted by erick1987 View Post
to me it is taking advantage of fellow gun owners. not saying u cant sell it but at 2-5x retail is gouging. kind of like gas after 9-11.
Fellow gun owner doesn't have to buy it's their decision if they want to pay outrageous prices and keep letting the vultures make money. Kind of like Magpul selling large amount of mags to people in Colorado first and ending up on gun broker. For me I'm getting low probably down to 15k rounds but will wait till prices get back to normal, I've got 3 high quality air guns I can shoot no ammo shortage there yet and they are accurate to keep in practice with.
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Old 03-24-2013, 07:40 PM
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Funny thing, I have seen posts here and there about ammo shortages. However, due to health issues I haven't been shooting in a while. I have enough 9mm, .357, .38+P, .44mag ammo to last me a while, and it was bought 2 or 3 years ago, maybe longer. Now for the funny part. I was visiting a friend last week, who owns the farm where I did most of my hunting, fishing, and shooting. In conversation, I asked about his family, and he said, " you know what that crazy (name whithheld) has been doing? He is going around to all the Walmarts and other stores where ammo is sold, and buying all that they have. I asked him why, as I know that the work he does keeps him too busy to shoot it. He said that he is convinced that Obama is going to put a stop to all ammo sales outside military and police." This guy is a professional person who makes enough to afford to buy all that he wants, and is apparently doing so. According to my friend, he is buying everything except some of the exotic hunting calibers. He also is told by the employees when shipments will arrive, and it never hits the shelves. When he told me about it, I thought that it was just another one of his idiosyncrasies. Now that I read some of the comments, I know what this guy is doing, and it sounds just like something that he would do. It wouldn't matter to him if someone couldn't find ammo to take their grandson or granddaughter shooting, or even worse, what he could find he wouldn't be able to afford. What you guys do, and why you do it, is none of my business. I am just glad right now that I don't need any more ammo, and probably never will. God bless you all! David
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Old 03-24-2013, 07:45 PM
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Not everyone that complains is someone who didn't stock up. I would venture to say most are new gun owners who are upset to see that fellow gun owners would take advantage of others just for a dollar.

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Old 03-24-2013, 07:56 PM
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Quote:
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i'm advising. if you are selling, thanks for contributing to the missing ammunition in stores.
The ammunition I sold is ammo I bought a couple of years ago. I started the auctions at a penny and got thank-you's from several of the buyers. Take your gouging monologue somewhere else. What I contributed to was supply, which drives market prices down, not up. One of the buyers was a Boy Scout leader who was buying .22LR out of his own pocket for his scouts' marksmanship shooting. He paid for 2,000 rounds and I sent him 4,000 rounds of mini-mag.

Your unimpeachable source is impeachable for at least two reasons:

1) I added up all of the .22LR on Gunbroker right now and there is about 1.2million rounds - close to his estimate. But that is eight hours of production at one CCI plant - not to mention every other plant of every other manufacturer. Gunbroker is not the problem, just the handy villain.

2) Your unimpeachable source is wearing a Glock T-shirt and hat.
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Old 03-24-2013, 08:04 PM
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i havent bought any ammo from gunbroker nor paid more than 1.5x nominal prices. I have 10k rounds of .22LR and dont own a rifle to shoot it from but not looking to sell. I buy when I find a good price and have been for a long time. The only reason I got behind the 8 ball in 1 caliber is because I bought a gun chambered in it after the insanity began.
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Old 03-24-2013, 08:07 PM
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Quote:
Originally Posted by beemerphile View Post
The ammunition I sold is ammo I bought a couple of years ago. I started the auctions at a penny and got thank-you's from several of the buyers. Take your gouging monologue somewhere else. What I contributed to was supply, which drives market prices down, not up. One of the buyers was a Boy Scout leader who was buying .22LR out of his own pocket for his scouts' marksmanship shooting. He paid for 2,000 rounds and I sent him 4,000 rounds of mini-mag.

Your unimpeachable source is impeachable for at least two reasons:

1) I added up all of the .22LR on Gunbroker right now and there is about 1.2million rounds - close to his estimate. But that is eight hours of production at one CCI plant - not to mention every other plant of every other manufacturer. Gunbroker is not the problem, just the handy villain.

2) Your unimpeachable source is wearing a Glock T-shirt and hat.
Don't apologize because you had the foresight to stock up and are now making money.
All these guys moaning didn't.

I bought houses ten years ago and sold them for double... Maybe I should have sold them to my fellow homeowners for what I paid.

These people will be whining and complaining about how life is not fair for the rest of THEIRS.....

Congrats on making a few bucks.
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Old 03-24-2013, 08:12 PM
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Quote:
Originally Posted by beemerphile View Post
The ammunition I sold is ammo I bought a couple of years ago. I started the auctions at a penny and got thank-you's from several of the buyers. Take your gouging monologue somewhere else. What I contributed to was supply, which drives market prices down, not up. One of the buyers was a Boy Scout leader who was buying .22LR out of his own pocket for his scouts' marksmanship shooting. He paid for 2,000 rounds and I sent him 4,000 rounds of mini-mag.

Your unimpeachable source is impeachable for at least two reasons:

1) I added up all of the .22LR on Gunbroker right now and there is about 1.2million rounds - close to his estimate. But that is eight hours of production at one CCI plant - not to mention every other plant of every other manufacturer. Gunbroker is not the problem, just the handy villain.

2) Your unimpeachable source is wearing a Glock T-shirt and hat.
ok. sorry. ill give you that. its not gunbroker but the "handy villains" that use it. i retract my statement to say avoid buying overpriced ammo on auction sites and rewarding the "handy villains". how much of that cci ammo u think really hits the shelves before being picked up in the supply chain?
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Old 03-24-2013, 08:21 PM
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Buying a bit of ammo when everyone else is buying it is inconspicuously fun.
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Old 03-24-2013, 08:26 PM
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Been watching this coming. Nice having my own pile to shoot. I quit buying as soon as things started going up.
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Old 03-24-2013, 08:36 PM
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I have not bought or sold any ammo on GB. However, IF I decided to buy, it is MY money and I will spend it any way that I please. IF I decided to sell ammo, (or anything else), you are NOT forced to buy.
Free market system, no one forces anyone to buy or sell. (Except for Obamacare!!)
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Old 03-24-2013, 08:39 PM
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Quote:
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Don't apologize because you had the foresight to stock up and are now making money.
All these guys moaning didn't.

I bought houses ten years ago and sold them for double... Maybe I should have sold them to my fellow homeowners for what I paid.

These people will be whining and complaining about how life is not fair for the rest of THEIRS.....

Congrats on making a few bucks.
i'm betting u didn't sell them over market/appraised value though. if u buy a box of ammo at $20 dollars and it retails for $30. sell it for $30 and make a buck, but don't expect to buy a house that appraises for $100k and sell it for $200k. get what i'm sayin.
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Old 03-24-2013, 08:45 PM
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Quote:
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I have not bought or sold any ammo on GB. However, IF I decided to buy, it is MY money and I will spend it any way that I please. IF I decided to sell ammo, (or anything else), you are NOT forced to buy.
Free market system, no one forces anyone to buy or sell. (Except for Obamacare!!)
asking to AVOID. read
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Old 03-24-2013, 08:46 PM
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I do auctions occasionally. I start my auctions out below current market value, and let the bidders decide how much they're going to pay. It's called free enterprise, I'm not selling a damn thing, simply giving people the opportunity to purchase what they want, and I'm allowing them to decide what they're willing to pay. And this makes me a vulture?
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Old 03-24-2013, 09:11 PM
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Some people have plenty of money to burn. I'm not one of them.
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Old 03-24-2013, 09:15 PM
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how much of that cci ammo u think really hits the shelves before being picked up in the supply chain?
MidwayUSA and Wal*Mart can't get enough to hold stock and you think some small time freak on Gunbroker can intercept it? There are monsters under your bed who come out at night and eat it from the store shelves. It is your fault for harboring the ammo-eating monster. My story makes as much sense as yours does.
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Old 03-24-2013, 09:27 PM
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Quote:
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MidwayUSA and Wal*Mart can't get enough to hold stock and you think some small time freak on Gunbroker can intercept it? There are monsters under your bed who come out at night and eat it from the store shelves. It is your fault for harboring the ammo-eating monster. My story makes as much sense as yours does.
well i know it happens at some walmarts because a friend of a friend does it. also we have a rural king in my town(a farm/sprting goods store). they got a whole pallet of .22 and some of the employees bought it. never seen the shelves.

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Old 03-24-2013, 10:03 PM
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Someone telling me I can't buy or sell, is analogous to the government telling me I can't buy a gun.
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Old 03-24-2013, 11:01 PM
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Gun show in Deland, Fl. 550 rds. Federal 22lr. one seller $110.00 another seller $90.00 what a buy!
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Old 03-24-2013, 11:57 PM
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I have a well-stocked reloading bench and my only purchases are 22LR ammo and even with that I have 8K as a minimum inventory of them.
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Old 03-25-2013, 06:47 AM
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i'm betting u didn't sell them over market/appraised value though. if u buy a box of ammo at $20 dollars and it retails for $30. sell it for $30 and make a buck, but don't expect to buy a house that appraises for $100k and sell it for $200k. get what i'm sayin.
Here's what we're sayin'

Market value is market value. The same for retail. I bought my first house for $50K and sold it for $125K. Should I have set the price at $60K and said: "Good enough?" or set it at $150K (which I did) to see how much I could get? I had to come down to $125K as that was the true market value of my house at that time, and in turn, the retail price.

Houses, ammunition, bread, toilet paper - IT'S ALL THE SAME THING! Either you believe in the free market or you don't.
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Old 03-25-2013, 07:06 AM
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well i know it happens at some walmarts because a friend of a friend does it. also we have a rural king in my town(a farm/sprting goods store). they got a whole pallet of .22 and some of the employees bought it. never seen the shelves.
Unless a product is advertised in a sale flyer to the general public and it's needed to be on hand for the sale, it makes absolutely no difference at all to the store management or owner. The product is sold, the profit is made, the sooner the better. End of story. It's no different than someone with no life waiting outside since the middle of the night to get in and buy it as soon as the store opens. Product sitting on the shelf only has negative effects on your bottom line.

Edmund Burke (1729-1797) stated, "Those who don't know history are destined to repeat it." I have little sympathy for those shooters that got caught short unless they have come of age since 2008. I learned my lesson when the gun control act of 1968 was passed. The original ban in 1994 only enforced that lesson.

I can't help but wonder how many of the people that are doing most of the complaining and whining about shortages and the high prices voted our current leaders in office because of the promises of more free stuff. To quote Nancy Pelosi, "Elections have consequences".
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Old 03-25-2013, 07:14 AM
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I would bet the people complaining about prices have more pressing financial concerns than stocking up on ammo.In other words, they do have their priorities in order as opposed to the nitwits sitting on 20k rounds waiting for all hell to break loose.
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Old 03-25-2013, 07:28 AM
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I would bet the people complaining about prices have more pressing financial concerns than stocking up on ammo.In other words, they do have their priorities in order as opposed to the nitwits sitting on 20k rounds waiting for all hell to break loose.
And now we know that whining means you have your priorities in order and being prepared makes you a nitwit. Glad we cleared that up.
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Old 03-25-2013, 08:13 AM
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I'm glad to hear you don't whine about rising gas prices,groceries or utilities.Yes "preppers" are nitwits and have caused the shortages and silly prices.The people playing on those fears and profiting off of it are pathetic.

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Old 03-25-2013, 09:19 AM
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And now we know that whining means you have your priorities in order and being prepared makes you a nitwit. Glad we cleared that up.
Thats not what he's saying. He's saying you got people who will max out their credit card buying ammo and will forgo paying some utility. I saw it a few months ago at an LGS. Guy pulled out a bunch of cards and proceeded to buy $2k 1911s, a few ARs & cases of ammo. He made it very clear that he was expecting civil unrest and didnt really care about bills since there wouldnt be a point to paying anyway. That was before xmas.

I wonder if he had anything repo'd



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Old 03-25-2013, 09:59 AM
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if anyone is buying overpriced ammo from gun broker, AVOID buying overpriced ammo from them or other auction sites. this is great insight on why things are the way the are.

The Ammo Shortage is an Illusion - YouTube

I feel the same way. I keep an eye out and I've been able to get a few good deals at Walmart, sportsmans guide, and cabelas. Its out there you just have to be diligent and hold off until you can get it. My limit so far has been .07 cpr, but I haven't paid over .06 so far.
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Old 03-25-2013, 01:00 PM
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Here's what we're sayin'

Market value is market value. The same for retail. I bought my first house for $50K and sold it for $125K. Should I have set the price at $60K and said: "Good enough?" or set it at $150K (which I did) to see how much I could get? I had to come down to $125K as that was the true market value of my house at that time, and in turn, the retail price.
Houses, ammunition, bread, toilet paper - IT'S ALL THE SAME THING! Either you believe in the free market or you don't.
that's exactly what i said. buy low and sell at retail, not buy at retail and sell at 2-5x retail.
by the way, i was able to get right under 1K rounds of .22 and 150 rounds of 9mm from cabelas and bass pro this morning. if your patient u can find it. 5 box limit on 9mm and a long line for it. i only picked up 3 and let some others get it so they can also enjoy their firearms.

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Old 03-25-2013, 02:27 PM
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But if someone offered to take the house At $150k I would not have said "nah that's too much profit." No one bit at the higher price. The market determines the retail price not folks complaining on an Internet forum.
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Old 03-25-2013, 02:44 PM
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I'm in no way thrilled with the lack of availability at the retail level or with the prices of what is available in the secondary market. But it's a free market, and no one is being forced to purchase this astronomically priced commodity.

If the market will bare the price, then so be it.

I had a stockpile of 22LR that was greater than 2 thousand and less than 10 thousand rounds before this mess started.

Being diligent I'm my search, I have more than doubled my cache and not bought a single round that cost more that 5 cents.

I have also sold a small quantity of my stock. At my descrecion, I made the desicion to help a few local shooters who have just recently joined our ranks and have been unsuccessfull in acquiring ammo without resorting to the secondary market.

Now I chose to sell it at cost, but if I had chosen to take a profit, I could have and I wouldn't have had an issue with that decision.
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Old 03-25-2013, 02:56 PM
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I would bet the people complaining about prices have more pressing financial concerns than stocking up on ammo.In other words, they do have their priorities in order as opposed to the nitwits sitting on 20k rounds waiting for all hell to break loose.
Interesting. All my bills are paid. I own my house,car and pick-up. I did all this at the same time and still,I'm sitting on WAY more that just that.
Priorities ?
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Old 03-25-2013, 03:26 PM
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I'm in no way thrilled with the lack of availability at the retail level or with the prices of what is available in the secondary market. But it's a free market, and no one is being forced to purchase this astronomically priced commodity.

If the market will bear the price, then so be it.

I had a stockpile of 22LR that was greater than 2 thousand and less than 10 thousand rounds before this mess started.

Being diligent I'm my search, I have more than doubled my cache and not bought a single round that cost more that 5 cents.

I have also sold a small quantity of my stock. At my descrecion, I made the desicion to help a few local shooters who have just recently joined our ranks and have been unsuccessfull in acquiring ammo without resorting to the secondary market.

Now I chose to sell it at cost, but if I had chosen to take a profit, I could have and I wouldn't have had an issue with that decision.
Exactly. Market price is what makes this country work. Being prepared cuts down on having to pay high market price. Not being prepared leads to... well, if you're gonna play, you're gonna pay.

Armchair economist? Uh no, informed consumer.

For the record, I have purchased exactly one box of commercial ammunition in the past 12 months. For my birthday in February I bought a Marlin 1895 SBL and a box of 45/70. When I paid the $43 for the box of 20 rounds, the next day I went to Vance's and bought the dies and powder, Cabela's for the bullets and a hidey-hole LGS for the primers I needed to load my own.
Did I pay dearly for the primers? You bet. Hopefully a thousand primers was a one time purchase at this price point and leaves me enough to ride it out. Did I have to burn the better part of a day traipsing around town for the other components? Sure. And I didn't cry "no fair!", either.
I chose the time to buy the gun.
I chose the time to buy the ammunition.
I chose the time to buy the reloading supplies.
It is a case of Willing seller + Willing buyer = Market Price.
It is indeed that simple.

By the way I have not sold a single round to a solitary soul -ever.
I mentored a friend last fall on reloading 9mm and he got to keep the 100 he loaded and I gifted a box of .357 to another friend last month.

But if one has the time and money to stand in line and buy low, put it on Gunbroker so some fool will to buy high it's not a problem.
It's simply another case where a Willing Seller and Willing Buyer meet and determine the Market Price.
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Old 03-25-2013, 03:35 PM
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Economics 101:

"Just because I can." ≠ Capitalism

Here endeth the lesson. Now maybe we won't see people flippantly toss around the word "capitalism" as much. Oh, who am I kidding...
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Old 03-25-2013, 03:42 PM
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Economics 101:

"Just because I can." ≠ Capitalism

Here endeth the lesson. Now maybe we won't see people flippantly toss around the word "capitalism" as much. Oh, who am I kidding...
That is exactly what capitalism in it's purest form means.

I willingly sell an item to a person who willingly pays a price the market determines - because I can.

Not being flippant but:

Isn't this still taught in junior high school?

No "rolleyes" emoticon needed.
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Old 03-25-2013, 03:52 PM
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That is exactly what capitalism in it's purest form means.
I respectfully disagree.

From Merriam-Webster's dictionary:

profiteer (n.): "one who makes what is considered an unreasonable profit especially on the sale of essential goods during times of emergency"

I reiterate: "Just because I can." ≠ Capitalism

Let's get more technical... What "capital" are we creating by charging artifically inflated prices on commodities that we're removing from the main market and placing on a secondary market? Are these people creating capital by diverting their proceeds into long term investments or are they simply lining their own pockets by riding on a short-lived wave of fear/doubt/uncertainty? Also, this practice is benefitting already inundated ammunition manufacturers how, exactly? (See: "Broken window" fallacy)

It doesn't take a Cecil Rhodes scholar to understand these basic concepts, sir. Heck, I didn't even stay at a Holiday Inn Express last night.

Last edited by CoMF; 03-25-2013 at 03:55 PM.
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Old 03-25-2013, 03:57 PM
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Only reason I am upset is because I am a new gun owner, and have only put 50 overly priced reloaded rounds through it, because I can't find ammo to shoot, and ranges charge WAY too much for theirs. It actually makes me want to sell everything I have, and just forget I was even interested in my rights as an American.
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Old 03-25-2013, 03:58 PM
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I am a firm believer is the free market system which is why I choose not to sell ammo purchased for my wife and I to shoot just to cash in on the current market. If I had ammo in a caliber I didn't own a firearm for, yes I would sell the ammo now.

The new gun owners and casual shooters jumping into the ammunition market at the same time as all the conspiracy theorists, preppers and post election paranoids have eaten-up the supply making the market ripe for a capitalistic price explosion. Throw in the new "ammo venture capitalists" playing their version of property flipping and the supply is staying tight a bit longer than it would without them, though they are certainly not the primary cause.

I just hope supply normalizes sometime in the next 12 to 18 months.
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Old 03-25-2013, 04:00 PM
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When I started to get into shooting I honestly didn't have any idea about this ammo shortage or crazyness going on in general, but as I was doing research I found out about it and decided to go through with it anyway. Bought a gun, finding ammo is very difficult and I'd love to get more. I won't pay the gunbroker prices because those prices aren't acceptable to me.
If they're acceptable to someone else though, more power to them. And if someone is willing to go through all the trouble to sit at Wal-Mart waiting for the delivery truck to show up and then re-sell the ammo at higher prices, more power to them too.

Should people avoid paying the higher prices? Yeah, I think so. Because I'm worried it will eventually become the acceptable price and we'll all end up having to pay it.
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Old 03-25-2013, 04:04 PM
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I have over 600 rounds of ammo for each weapon i own....Most of which was purchased prior to things going bad...the rest i pick up at Wally World if i take the wife there and i happen to look. That should be enough for our range time until stores stock up again. I will never over pay, unless i'm out.
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Old 03-25-2013, 04:05 PM
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There are different variations of capitalism which have different relationships to markets and the state.
In free-market and Laissez-faire forms of capitalism, markets are utilized most extensively with minimal or no regulation over the pricing mechanism.
In interventionist and mixed economies, markets continue to play a dominant role but are regulated to some extent by government in order to correct market failures, promote social welfare, conserve natural resources, and fund defense and public safety.

You are promoting social welfare. To the social economist, pure capitalism can lead to profiteering (or more succinctly put "Because I Can").

Still, the definition holds.

No "Smiles Face" emoticon needed.

Next.
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