Are we supposed to be hoarding 5.56 ammo now?

[avboiler11]

While I think this whole "ban" stuff is nonsense, I have to ask:

Who here shot M855 with any regularity, instead of the less expensive M193?

 

[KG1]

While I think this whole "ban" stuff is nonsense, I have to ask:

Who here shot M855 with any regularity, instead of the less expensive M193?

It doesn't matter if you've ever shot M855 or not.

 

[avboiler11]

It doesn't matter if you've ever shot M855 or not.

It does if people are only now buying 855 for buying's sake...

 

[TheWabbit]

“It would be fair to say, as we are looking at additional ways to protect our brave men and women in law enforcement, and believe that this process is valuable for that reason alone,” White House press secretary Josh Earnest told TheBlaze during the press briefing. “This seems to be an area where everyone should agree that if there are armor-piercing bullets that fit into easily concealed weapons, that puts our law enforcement at considerably more risk.”

They will not stop at 855. The steel core 7.62x39 and 5.45 ПС гс bans were the easy stones to lay. They were ignored by most shooters because it wasn't "their" caliber, but now the real game is on. When this goes through, they'll move to the next caliber like 7.62x51mm.

 

[other dave]

Got an email from Midway today. They have M855 for $549.95 per 1000. I would have expected better than that from them.

 

[AmmoManAaron]

Got an email from Midway today. They have M855 for $549.95 per 1000. I would have expected better than that from them.

Honestly, they are THE cheapest place to buy that ammo right now (that I know of)...and they are limiting it to one case per person so that everybody can try and get some of it. It sure sucks, but that is the current situation.

 

[other dave]

Honestly, they are THE cheapest place to buy that ammo right now (that I know of)...and they are limiting it to one case per person so that everybody can try and get some of it. It sure sucks, but that is the current situation.

I would have expected it from CTD but not Midway. And unfortunately, you are right. Checked several online retailers and Midway is cheaper.

 

[AmmoManAaron]

I would have expected it from CTD but not Midway. And unfortunately, you are right. Checked several online retailers and Midway is cheaper.

Yeah, Centerfire Systems wants 80 cents per round, plus shipping. I haven't even bothered checking CTD.

 

[avboiler11]

The much-vaunted yet much-maligned free market at work...

 

[other dave]

The much-vaunted yet much-maligned free market at work...

Thank you Bill Nye the science guy!

 

[DarrenL]

The price increases are a real shame, and I fully agree that they won't stop here if this goes through.

 

[warthog]

This hasn't a thing to do with a free market and I think you know it. Free markets don't have the government panicking the market on an irregular basis. Free markets don't have certain things they ban while other they don't without any way to see what the difference is between them. Free Markets don't have regulatory agencies causing fluctuations is supply or any regulatory agencies at all for that matter.

It really amazes me that people trot out this argument when out system is anything but a free market.

 

[bwframe]

Midway send an e-mail hawking this .556 for $550/1000. Gouging?

General Dynamics Ammo 5.56x45mm NATO 62 Grain SS109 Penetrator Full

But it looks like these are on the same advertisement for $170/500:

Independence Ammo 5.56x45mm NATO 55 Grain M193 Full Metal Jacket Boat

 

[24Carat]

Within minutes of the news feeds reporting this whole fiasco, I ordered a case from CTD for $427.00 and that was after shipping and taxes. Small victory I know but I was satisfied.

 

[avboiler11]

This hasn't a thing to do with a free market and I think you know it. Free markets don't have the government panicking the market on an irregular basis.

CORRECTION: the market doesn't panic, people do.

The market is completely rational - people, not so much.

I'd agree that a truly free market is inherently free of intervention, and also say this is a backhanded attempt by BATFE to limit available ammunition to the public that past practice has allowed for decades...but the fact remains that PEOPLE control the elasticity of demand, and people that are buying simply for the sake of buying are contributing to the issue.

Its the 22LR debacle all over again, except in this case, there are plenty of other viable ammunition alternatives out there.

 

[mainjet]

If you have firearms you should have a nice supply of ammo in the calibers you own. The ups and downs of the news cycle is a bad way to prepare and or become a time to buy.

People buy food when a storm coming but that is more normal. They simply want to have what they need so they don't have to go out in bad weather for a day or so. But buying into the stock market at it's high or buying ammo in a caliber you already own at a time when there may be a shortage is a bad time to be buying or investing.

Buying a generator when there is a really bad storm and there are wide spread power outages is also not a good time to buy/prepare.

My father in law always had ammo cans full of each caliber he owned. He reloaded and bought supplies for reloading as needed throughout the year and then reloaded in his spare time. I do the same now.

I have done the storm/generator thing and it didn't work out real well.

 

[weedsnager]

If you have firearms you should have a nice supply of ammo in the calibers you own. The ups and downs of the news cycle is a bad way to prepare and or become a time to buy.

People buy food when a storm coming but that is more normal. They simply want to have what they need so they don't have to go out in bad weather for a day or so. But buying into the stock market at it's high or buying ammo in a caliber you already own at a time when there may be a shortage is a bad time to be buying or investing.

Buying a generator when there is a really bad storm and there are wide spread power outages is also not a good time to buy/prepare.

My father in law always had ammo cans full of each caliber he owned. He reloaded and bought supplies for reloading as needed throughout the year and then reloaded in his spare time. I do the same now.

I have done the storm/generator thing and it didn't work out real well.

well said

 

[Frank_N_Stein]

Midway send an e-mail hawking this .556 for $550/1000. Gouging?

General Dynamics Ammo 5.56x45mm NATO 62 Grain SS109 Penetrator Full

But it looks like these are on the same advertisement for $170/500:

Independence Ammo 5.56x45mm NATO 55 Grain M193 Full Metal Jacket Boat

I ordered the Independence ammo from Midway yesterday and it is due to arrive tomorrow. I was quite surprised it wasn't sold out and hadn't had the price jacked way up.

 

[The Bubba Effect]

There is still PLENTY of M193 to be had in the $0.30-0.35/round range...

Nope, no one wants to buy anything while it's cheap. Once the price doubles we will hear all the griping about how they cannot take their children shooting because of all the gougers, but until that happens no one is interested.

 

[bwframe]

I ordered the Independence ammo from Midway yesterday and it is due to arrive tomorrow. I was quite surprised it wasn't sold out and hadn't had the price jacked way up.

They have 55gr Hornady bullets as a monthly sale. They sold out over the weekend.