I get regular e-mail updates from an ammunition seller whose prices are, in my experience, among the best out there.
Tonight I got an e-mail advising that he's got a "very limited quantity" of Federal American Eagle ammo in .45 ACP. The price? $179 for 250 rounds, and $339 for 500 rounds.
Now, there is nothing wrong with American Eagle ammo, but it ain't exactly match-grade, and paying either $35.80 or $33.90 for a box of 50 rounds is just outrageous, in my book. (I'm not blaming the seller, by the way...I'm sure his prices are lower than many others' are.) It wasn't that long ago that Hydra-Shoks were selling for that price.
Luckily, I have a good bit of .45 on hand, but I have to wonder how long this situation will last, and why. The retailer for this ammo says that many calibers are still in short supply, and will be for months until production catches up with demand.
I understood the panic buying of ammo that took place right after the 2008 election, when everybody thought the Obama Administration and the Democrats in Congress would pass all sorts of bad gun bills. But that hasn't happened, and doesn't seem likely to, so why all the ammo shortages and continued high prices? I don't get it...
Tonight I got an e-mail advising that he's got a "very limited quantity" of Federal American Eagle ammo in .45 ACP. The price? $179 for 250 rounds, and $339 for 500 rounds.
Now, there is nothing wrong with American Eagle ammo, but it ain't exactly match-grade, and paying either $35.80 or $33.90 for a box of 50 rounds is just outrageous, in my book. (I'm not blaming the seller, by the way...I'm sure his prices are lower than many others' are.) It wasn't that long ago that Hydra-Shoks were selling for that price.
Luckily, I have a good bit of .45 on hand, but I have to wonder how long this situation will last, and why. The retailer for this ammo says that many calibers are still in short supply, and will be for months until production catches up with demand.
I understood the panic buying of ammo that took place right after the 2008 election, when everybody thought the Obama Administration and the Democrats in Congress would pass all sorts of bad gun bills. But that hasn't happened, and doesn't seem likely to, so why all the ammo shortages and continued high prices? I don't get it...