Stock up
Ammo prices up and will keep rising:
In case you haven’t noticed, the price of ammunition has been rising slowly, and it is not about to stop. Not by a durn sight. The reason is that the prices of the metals that go into almost all ammo—lead, copper, and zinc—have risen exponentially.
October 24th, 2006 at 9:48 am
He’s right about commodity prices being at all time highs. Sadly, that’s not the reason. If you look at the current commodity prices on the board, and then figure out what the commodity cost component of your favorite ammunition is, it comes out to pennies. Something else is driving prices.
My guess would be increased demand, both from civilian shooters and the military. I’m also wondering if for surplus, fuel prices are increasing the cost of bringing it to the US market.
October 24th, 2006 at 10:08 am
I’ve always thought the ammo surplus would dwindle over time any way and prices would go up. The cold war ended a long time ago and eventually the cold war ammo stocks will be depleted.
Regardless of the reason, you have to consider the time value of money. Is it worth paying hundreds of dollars to stock up on ammo now, to keep from having to pay higher market prices later? I guess that depends on how much you shoot. Personally I have thousands of rounds of ammo but rarely have time to go shooting any more. I would guess that I have a lifetime supply of 7.62 and probably 5 years worth of .223, 9mm, and .45 just sitting around my house. For personal use, I don’t need no more ammo.
If I were so inclined to sell ammo, however, it might be worth picking up some now to sell later.
October 24th, 2006 at 6:14 pm
I haven’t heard anyone refute the Hugo Chavez rumor about 7.62 yet. Rumor has it that Hug-ly is on a 7.62 buyng spree, for two reasons, to beef up his stocks (his bully-boyz carry FN-FALs of the original caliber) and to deny it to the US, which is using all the milsurp it can find for training, so as to reserve Mil-Std ammo for combat.