Maddmax
US Veteran
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 ?
avoid buying overpriced ammo from gun broker
- Thread starter erick1987
- Start date
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 ?
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.
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.
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.
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unbrkn
Member
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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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.
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.
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.
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.
KKECK5
Member
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.
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.
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.
Poppycock. I advocate no such thing, and would appreciate it if you didn't put words in my mouth. If voting with our wallets, however, constitutes "social welfare" in your lexicon, then so be it; I have neither the time nor inclination to argue the semantics of this.
Also, just for the record, I subscribe more to the late Milton Friedman than Paul Krugman.
Additionally, I stand by my assertion that profiteers are the parasites as opposed to the creators of capital in a free market. We'll just have to agree to disagree before this thread gets a lock placed on it, which would be unfortunate.
I Gotta correct you here... your last sentence should read
The "beating a dead horse" emoticon NEEDED....
Everyone going against everything you write has no ammo and is pissed... I'd love to see if one of em was sitting on 100,000 rounds of 22LR now.... if they'd be sooooooooooooo concerned about their "fellow shooters"... and selling it at 18.95 a brick!
Nope... auction it, like you would a high end firearm, and let Mr. Market set the price.
If they cannot understand that that is not greed, nor "gouging" then the "I'm a dumb...." emoticon IS needed here...
Call one of the auction houses and tell them they are taking advantage of people.
Start with the auto auction in Scottsdale where cars normally sell for two times or 3 times value because............. drum roll........... MR MARKET sets the price.
Then call here and tell them THEY are taking advantage of poor poor people who did not have the foresight to buy 100 years ago...
They need to sell you that 100 year old Colt at cost 100 years ago cause you are a fellow firearms owner....
http://www.rockislandauction.com/
And Oh my Lord....will you look at their ammo prices!
http://www.rockislandauction.com/search/aid/58/s/4/category/936/ammunition
HORRIBLE HORRIBLE people. Making money and all that.
All you people who didn't buy before,,,,,,,,,, STOP CRYING.
For the new guys who just got into shooting...... look hard and do as good as you can on purchases... but buy a little each week or month as you are able.
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Got no ammo either,huh?
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time to look into reloading...you get what you want,when you want it...and save a ton...all of this ammo hoarding does not affect me one bit....i have plenty of .22 rimfire and reload the various other calibers that i shoot....
OP
erick1987
Member
no bank will ever give you 150k to buy a 125k house. I see myself as the bank.
...and not everyone is rich and can afford to buy ammo to stockpile. yes I have a mortgage, 2 car loans, student loans, and a 8 month old boy along with daycare. me and my wife have full time jobs. guess ill start working 12hr days to fund my ammo stash. maybe I should just live off of Obama. lol
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OP
erick1987
Member
its amazing how much stuff u can stir up around here. lol
No shortage of opinions on a gun board lol
Most people don't plan to fail, they just fail to plan. Once you get burned by a few cycles, you'll stock up a bit too. Then a bit more the next time, and so on. There are quite a few people I know who aren't even affected by the shortages (I'm one myself). I really don't like 22 LR myself, and I can manufacture almost any other load I may need myself. This is independence in it's truest form.
Brass Nuggets
Member
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I've posted a few threads (admin closed…) relating my total disgust to what is going on with ammo sellers and Gun Broker… with that said… The shortage is not just sudden panic demand, we now have a TON of new gun owners over the last year or 3, that understand s the government is out of control, and owning a firearm is now mandatory. So the "shortage" is here to stay until supply is increased… and at the rate .gov keeps buying hollow points… we're all sheeple.
OP
erick1987
Member
wish I worked at an ammo plant. unlimited supply at your fingertips and probably making some sweet OT!
