Ammo supplies are increasing, prices not really dropping

I know that I'm a bit 'divergent'; that being said, I haven't even visited a gun store in probably 18 months. I will admit that I do have ammo if I want to go to my range and shoot, BUT.... I can guarantee you that I am disciplined and stubborn enough to not visit a gun store for at least another full year. The ONLY way we can fight the FAKE shortages created by ammo companies and distributors is to NOT BUY.

PLEASE BE STRONG..... JUST SAY 'NO'

J.
 
Went to gun show today, still crazy prices on ammo. Small show in small town with lots of "speculators" selling or trying to sell ammo. Academy Sports is out of 22's, most likely gone yesterday evening, 2 box limit, guessing they had over 1500 rounds in 100 round boxes.
 
GT Distributors in JAX just got a BOATLOAD of ammo today. Lots of assorted 9, some .45 ACP, more 5.56 and .223 , 308 Win. lots of assorted LEO shotgun rounds AND Standard Velocity CCI .22 rim fire. They have a crazy low monthly limit on all ammo, 100 rnds.
 
I was in my former gun store yesterday just to look around...Among other things they had 8 50 round boxes of Remington .41 Magnum 210 gr. SP on the shelf...$80 a box...:eek:...Ben
 
All of the places I get ammo,reloading supplies,guns etc. are low on things to sell. For them to stay in business they have to make more on the things they do have for sale. Pretty basic but true .
 
I bought 1000 rounds of CCI 22LR from their web sight today. STD velocity was $4.99/box which is cheaper than the LGS and CCI Mini Mag IIRC $11.00/box of 100. Max 10 boxes per item. A friend bought me 1000 small pistol primers from his LGS limit one for $75. Not cheap but I'll be able to shoot the 38 and 357's.
 
Ammo must be priced right, because they are selling as much as can be produced. When the panic buying stops, the price will drop.

Correct. As much as people don't like it and as much as they keep claiming conspiracy theories, the fact is: People are paying the prices.

So obviously, it's NOT too high!
 
Academy on W. side of JAX has CCI 22 shorts in 100 rnd box, $12.00, furgitaboutit. Also have quite selection of other calibers.
 
Elasticity will come into play once there is enough stock. Remember, the ammo industry needs shooters, so they will determine the maximum price people will pay and still shoot. It is like gas, charge the highest amount the market will bear without changing their driving behavior. A large number of people are buying ammo to hoard not shoot. Ammo manufacturers need shooters and they have to be shooting or the whole house of cards collapses.
 
When supply catches up and dealers are over stocked prices will drop. I expect prices to be a little higher than pre pandemic due to inflation and raw material prices increasing but don't believer the crazy high prices will continue long term.

Expect serious inflation in the near future in all areas, food, housing, transportation and etc. You can't have near 0 interest rates and trillions of dollars being printed and dumped in the economy without that happening. I wish a good friend of mine was still alive, for several reasons, but he was my economics professor in college 51 years ago and a good personal friend. Tony Spiva, he was an economic adviser under 3 or 4 presidents (conservative). If he were still alive I'd ask him his opinion but I already know what he'd say. What we saw under Carter and George II will be minor compared to what we're in for.

Not politics, just economics.

Your second paragraph totally contradicts your first...

I agree with the second.
 
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