STOP buying all of the bullets. You guys are causing chaos!!
In a year of job losses, foreclosures and bag lunches, Americans have spent record-breaking amounts of money on guns and ammunition. The most obvious sign of their demand: empty ammunition shelves.
At points during the past year, bullets have been selling faster than factories could make them.
Gun owners have bought about 12 billion rounds of ammunition in the past year, industry officials estimate. That's up from 7 billion to 10 billion in a normal year.
It has happened, oddly, at a time when the two concerns that usually make people buy guns and bullets -- crime and increased gun control -- seem less threatening than usual.
The explanation for the run on bullets lies partly in economics: Once rounds were scarce, people hoarded them, which made them scarcer.
Continue here
http://www.washingtonpost.com/wp-dyn/content/article/2009/11...
Wonder how many the government bought last year?
I wonder if bullet sells drop if the government will offer some kind of a bail out? Duh, I forgot, they already do with the industrial military complex. Too many bullets, need to have a war. How many are needed for Washington?
grant
All this 'nation building'
Has made the price of 7.62 X 39mm skyrocket. Boxes of 20 rounds of Wolf were $8 yesterday at the gun store; two years ago they were $3.
Roanoke, Virginia
http://www.facebook.com/Roanokers4RonPaul
yep..
we were paying $10 for 20 until I found cases online for about $250..I like cases..they stack so nicely. :O)
Um, no.
You'd be amazed how wasteful the military is with ordnance.
I can't count how many crates of older ammunition I've seen buried, or how much ordnance I've seen blown up on ranges to get rid of it. Granted, some of it that is destroyed is combat stockpiles that are rotated out in favor of new stuff, but a lot of it is ammunition simply destroyed to make budget for next year. If they don't shoot it all up on the training ranges, they have to give it back to DoD and their funding gets cut on the next cycle. ( I really hate bureaucracy)
As far as ammunition shortage in the US goes, this isn't anything new. It's been going on a while now. I haven't had much problem getting reloading components for the school or my personal stock, but retail ammunition is a bit rough here, partially due to hunting season and other factors. I imagine the mileage varies by demographic.
.
The day may come when bullets and food are our currencies
Bullets may become more valuable than gold.
This has been going on a while.
Make more rounds. Duh.
Defend Liberty!
Tell the People
Tell the people in the gummint to stop trying to corner the market.
LOL
funny