MichiganScott
Member
At these prices, I'm having a hard time not selling my stash. Even though I handload, I've picked up a ton of .22 LR and mil-surp over the years. If I kept the rimfire, I could probably still pay off the house.
I suspect everyone is stocking up and hoarding ammo because they fear the government is going to try and over tax, control, or ban guns and ammo. It's not just preppers', but gun owners in general who are fearful and stocking up on ammo. A well armed civilian populace may be the only defence we have against an increasingly socialist government. A ban on civilians owning guns is exactly what happened in Russia during the 1800's. And you see how that went down. We may be in trouble if we don't ban together and resist and protest the loss of our rights.
CCI High vel is $8 a box of 100. So 6000 rounds should be $480. Even at $10 a box which is way to much it would be $600. I would tell this guy to pound salt. I would wait for Ruger on the mags too. They just filled a guys back order from 12/27 yesterday on BX25'sThe guy wants $700...
If I figure 4 cents a round x 6K that's $240
The seven mags used to sell for under $30 a pop, will they get back to that eventually? Who knows? But even at $50 that's $350 for 7 of them, so even $600 is too much...
I asked how much for the mags and he said $300... So that's $43 each....
What to do.... What to do.....
Update: I offered they guy $250 for the mags and he said he'd think about it. No response back yet. In the mean time I ordered 5 from Ruger at $32 each, plus $3 each shipping, so $35 total. We'll see when they come in....
In talking to the three LGS they said the first wave was regular customers stocking up a little. The second wave was regular customers and non regular shooters buying things they thought MIGHT be banned but never wanted bad enough to buy previously. Next round was people with the attitude "I've never really owned a firearm but I don't like the idea of not being able to buy one in the future. What do you recommend?" The current wave is people saying "What type of firearm can you sell me that you also have ammo for?".
Don't forget that small segment of people that are buying up anything firearm related as an investment/for future sale. I have a couple of co-workers that have been scouring the planet for ammo, mags, ar15s and they don't have any desire to keep them. One of them has been burning up his credit card and another couple just did a 500 mile round trip drive looking for and I quote "Anything".
There does not appear to be a shortage of twenty cent .22LR rounds, just the four cent ones.