Government purchases of Ammunition and Panic Buying has taken all of the ammunition out of the supply chain. .22 LR is now selling for nearly 5 times what it used to sell for. Some ammunition manufacturers have gone into 24 hour production cycles to fill some of the need.
If you are buying ammunition at these jacked up prices you are throwing your money away. When the supply chain catches up to demand, and it will, there will be an oversupply of ammunition. You will be able to buy ammunition at prices lower than what you could before the panic buying began.
Here is a purchase I made in August of 2012 before the panic set in:
If you are paying more than this, then just STOP, wait. All of us need to stop buying ammo, allow the supply chains to fill up and then we will be able to purchase ammo at prices below the above prices.
Here are some pricing guidelines for various random ammunition types, do not purchase until prices go below these:
Don't waste your money and lets all work together to pop the ammunition price balloon.
Long term food storage is still inexpensive. It will not be for long, now is the time to buy long term food storage. At 25 years shelf life, this is a great investment of your money; money that will lose significant value in the coming years.
3 comments:
Yep I won't buy at these prices not when I have enough stored components to spend my time just pressing out ammo. Better to put your money into other preps for right now.
yes I agree although I am lucky and had plenty before the current unpleasantness
A good rule of thumb is to never buy or sell in a panic, because you will come to regret it.
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