I remember (20-30yrs ago) buying Remington yellow box UMC 38sp and 9mm for $6 a box when Dicks' put the stuff on sale. I would typically buy 12 of each whenever I went in. Good memories of a good store that became a bad store.
For those of us paying attention, we've seen this same cycle twice in the past 15 years......What makes anyone think this particular situation is unique?
A year ago, I was one of the holdouts. $200 a case was my price point... I clearly remember cases being as low as $160 for S&B and Fiocchi. $200 didn't seem all that impossible to return to, once the rush was over.
After watching things for awhile, I picked up a case of Norma in November for $300. I didn't "need" it, but I could afford to add it, and I just don't like the way things are trending.
In my opinion, we could see things back down to $200 a case for known quality brands in 2 years... or we could see a ban of online purchasing nationally by then. I prefer the former, but am beginning to prepare for the latter.
If/when online gets shut down, the local prices will rise. Places like Academy and Cabela's etc no longer compete with Walmart, and they won't have to worry about Sgammo or Targetsportsusa either. No reason to sell below $15 a box at that point.