Ammo price gouging.....

I was rather impressed by a locally owned sporting goods store yesterday. They had cases of 380. 9mm and 40 S&W stacked on the floor selling it at the same prices before all of this started.
 
I was at my LGS today and the shelves were still pretty full. I went in to get cci sv. And they had a lot, and same price I normally pay. I looked at 38/357 and also about the same price. I don't normally look at the prices on auto amino, or rifle rounds so no idea on if they went up. They had cases of 9mm on the floor that they were selling. Had plenty. Guess it makes sence to skip the big online places, and look at the local shops
 
Im guilty. To some extent. I had four 25 rnd mags for my 10/22. I paid $25 each. Last month i picked up four more for my brother. Well :( they never made it to my brother. I listed them on an auction site yesterday buy it now and they were gone in a couple hours.. I got 90$ each for them. I see the prices rising to close to 150$ in the very near future. Of course ill be holding on to the four of mine as they are just to much fun. Honestly i dont feel bad about it either. It is what it is. If you want it how much will you pay for it. Just like that scary looking AR or that shiny Model 27.
Gl and have fun
Dave
 
Wow, Buttugly072, did your brother give you that name?

I'm good to go - still have a stash of .22LRs - and I reload. I was in a big locally owned store yesterday - still had good prices - on what was left. I found a lone box of Hornady Critical Defense .22 WMR 45gr FTX - $15.25 inc s/t - same as last year. My 4" 651 is happy.

I thought they'd have a mess of trade-in revolvers - traded for ARs - oops on that! Folks are keeping their guns... all of them!

Happy New Year, all!

Stainz
 
I'm gettin' a little old these days. I remember when gasoline was 28.9 and some station jacked it up to 31.9 on regular. You'd have thought the word fell in. The other day I paid the going rate, $3.35.9 a gallon. Then I remember the joke from my youth, What do you call a guy who won't pay the $.319 for gas? A pedestrian. Know what you call a guy who won't pay the going rate for ammo? A former shooter.

Its just economics. If you haven't been a hoarder and stocking up on ammo, your punishment will be paying a much higher price and having times when you can't get ammo. Trying to accumulate a respectable stock of ammo at this late date will really cost you a bundle. But the other outlook is what will happen to ammo prices in the future. History has shown its not getting cheaper after the rush is over. It just becomes more plentiful at the new, higher normal price.

So lets dance around the edges of politics. 4 years ago ammo dried up. There were all kinds of predictions about the prices wouldn't hold, or that in a few months it'd be right back down where it was in the past. What we've seen is the prices where everyone thought gouging was going on really have become normal or in some cases, the good old days.

One of my benchmark on price was Federal 550 Bulk packs. In the weeks before and after the 2008 election WalMart was selling them in my area for $13.46 I think. But they just sold out every box they got. Now the local price is $19.95, if you can find them (you can't). So I fully expect the price in 2013 to be up over $20 a box. At the gun show yesterday I saw a few cartons of 525s with an asking price at $25. Fewer rounds, higher price.

Anyone here remember when we shot 22 shorts because they were cheaper then 22 LR?

I remember when we went to a gunshow down in Paris, Kentucky. Small town, center of Bourbon County. I like the name at least. It was about 7 or 8 years ago. A guy over at the end of the first aisle had a bunch of estate ammo. Some other poor old guy died. So he was selling off the guys closet. I managed to buy the entire contents of 22 ammo for about $20, and it was in a box with what I'd guessed to be 1500 rounds. Others thought I was stupid (I've been accused of that frequently). I got ammo and headstamps I'd never seen before. A bunch of it! I had $20 worth of fun just sorting through it all.
 
I've made several back-ordered purchases from Midway, due 1st and 3rd week in January. Check AR-15.com for a thread that keeps up with real deals on 5.56/.223 ; 6.8 etc. Several options to backorder for those that have enough stash to hold them a couple of weeks. I'm more concerned about protection from civil unrest when obama and his boyz come calling. Just a matter of time, unless we want the likes of feinstein and bloomburg to dictate our freedoms.
 
LOL ,,, A few weeks ago ammo was selling for "X" now it's selling for "2 X" or "3 X".. I would say you should have bought it a several weeks ago when it was "X".

People that usually buy a box or two of ammo a year ,are buying two or three cases.

People standing in lines to buy ammo ,, mags., black rifles. Half of them probably don't know what they are buying, but they just have to have it anyway.

I just surely hope all these panic buyers let their voices be heard at the voting booth.

I've been thru 3 or 4 of these ammo / reloading component shortages. I always try to stay a year of two ahead of what I think I might need..
Sorry I'm not very sympathetic.
 
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Right now , it's all greed and price gouging.

There's no big demand because of the war efforts or military contracts.

There's no spike in metal prices.

There's no major wholesale price increase from the manufacturer.

Just like the high prices for oil/gasoline , it's all about future speculation.
 
All I know is you can get a better return on ammo then you can get from the bank on CD's or savings accounts. I also keep an up to date and accurate inventory of it now right down to the last round.
 
Ammo is starting to show up again from what I have seen. My Cabelas had a ton of 223 for sale this past thurs as well as their online site that is all reasonably priced. No need to buy the over inflated ammo that is out there. The supply will continue to get better
 
exdetsgt said:
Those prices are criminal. But it's because everyone is panicking and buying AR-15's. I got tired of playing that game, sold mine and bought a Rossi lever action chambered in .38/.357. Not much demand for these calibers.
Click to expand...

wrong there my friend cowboy shooters overwhelmingly using 38...could only find 3 boxes of 50's in local sporting good store and 1 box 38 at a walmart(checked 3 before finding that)
 
counting cou said:
wrong there my friend cowboy shooters overwhelmingly using 38...could only find 3 boxes of 50's in local sporting good store and 1 box 38 at a walmart(checked 3 before finding that)
Click to expand...

No the reason for the shortage of .38's is because this is a low demand item, during times like this the ammo companies will only be producing high demand items. People who buy .38's tend to buy 1-2 boxes at a time, people who buy 9mm, .40 and .45 buy cases at a time, saw the same thing during the last panic with .380, very hard to find but 9mm was always around. If you need .38's better buy them while old stock in still on the shelf or be prepared to wait for the crazy to calm down.
 
Mack said:
No the reason for the shortage of .38's is because this is a low demand item, during times like this the ammo companies will only be producing high demand items. People who buy .38's tend to buy 1-2 boxes at a time, people who buy 9mm, .40 and .45 buy cases at a time, saw the same thing during the last panic with .380, very hard to find but 9mm was always around. If you need .38's better buy them while old stock in still on the shelf or be prepared to wait for the crazy to calm down.
Click to expand...

I think you pretty much hit the nail on its head so to speak. I think .380 will be or is already hard to find due to the increase in CCL holders.
 
Stu1205 said:
This is kind of what I have seen in Florida after the hurricanes.
People doubling and tripling the price of water,
batteries, and other needed items.

As I said in the OP, I am for capitalism and free enterprise,
but this is taking advantage of people fears and needs.
Click to expand...

Do people NEED ammunition as they do water? No, they don't. Frankly I am tired of the price police. It is a free market and no one is forced to purchase ammo or guns.
 
I don't know why everyone is so surprised at all of this. Basically, the same thing happened in 2008 with ammo, primers,powder, etc. Now that the elections are over, the Administration in Washington is proceeding just as expected on the gun control issue. Believe me, they were going to do this stuff even if the incident in Conn. had not taken place. They were just waiting until it was clear that they didn't have to worry about re-election, and away we go. It will be interesting to see what comes out of the White House on Tues. with Biden's report.
Everyone stay safe, and let's remember to treat all of those involved in our sport as we would like to be treated.
 
There is no such thing as "price gouging." During certain times certain commodities will have higher demand. This is true for ammo now, gas after a natural disaster, or water in the desert.

The asking price of any commodity is just that, an ASKING price. The price of an item has not been fully determined until a buyer completes the transaction by paying the price that was being asked. This is the definition of a market exchange. Also, by definition, market exchanges cannot take place unless BOTH parties agree to the terms. Furthermore, the asking price of a commodity reflects not the current demand, but the anticipated demand at a future point in time.

Andrew
 
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