Well,true,but over the long term I don't think prices are that far out of line.The trouble for me has been discovering the high quality stuff-yikes!
Well,true,but over the long term I don't think prices are that far out of line.The trouble for me has been discovering the high quality stuff-yikes!
In Australia we have never seen a low supply issue sometimes mini mags arnt in stock. ...
Powder can be hit and miss but never taken more than 2 weeks to get I want.
Wife and I went to the Cabela's that was recently built here. I'm here to tell ya... they had tons of 22. CCI, Remington, Federal, Norma... on and on... everyone was just walking on by. And so did I.
So yes, demand isn't what it used to be and supply is following accordingly. Falling prices next.
True, we do have to adapt.
BUT, this isn't the same as the 19 cent gallon of gasoline. That was 60 or 70 years ago, and it is to be expected that a lifetime of increasing taxation and inflation would result in today's gas prices.
2 cents a round was the price for 22LR ammo less than 10 years ago. What else has gone up 400%-500% in that period? In the last 10 years the price should have gone from 2 cents to less than 3 cents per round if it were just due to normal inflationary forces, and I know taxes haven't gone up that much in the last 10 years either.
No, this is something different. This has been an artificially created shortage, that then was exacerbated and prolonged by panic buying, hoarding, and profiteering. Like I said in an earlier post, now that the "normal" price is 4-5 times what it was before the "shortage" the supply is magically increasing.
Imagine that...
The Fin Feather and Fur I go to always has plenty of 22 cal. Last week They had a sale and The Shelves were full.
Wally World doesn't have any but a few have been caught Cherry Picking the Orders on Friday and taking it to Gun Shows to sell at a huge profit.
Update today. Just returned from a local (Waco) gun show. There was more .22 ammo on the tables than I have seen in years. Just inside the entry was one seller with a couple of dozen guns but a table overflowing with .22 ammo. He had stacks behind the table 4 feet high of almost every flavor you could imagine. I saw about 25 of the Remington Bucket of Bullets, 1400 rounds, for $84, out the door. If you consider an 8% sales tax, that is just over $77 a bucket, just over .05/round. Other varieties at similar prices. And guess what - they were not flying off the table. Maybe we have reached the tipping point. Maybe the market is becoming saturated. I hope so.