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There was a time people were shoving each other to buy 7.62x39 at 50 cents a round
Then all the political talk stopped and so did people's fear buying, well for pretty much everything besides 380 fmj and 22 that is.
Was at a LGS this weekend and a guy asked for 22lr. The owner had 1 box left. I looked and noticed that the brand was something new to me and not a familiar name. When I asked the owner if he had any more he said "No". Then he started laughing and said: "Wait till Monday and I'll have plenty more". He went on to say that: "I can't get 22LR from any American company but I can sure getting plenty of this stuff. It's imported and works as good as anything I've ever had". He went on to say that: "If you are flipping you might want to think twice. This stuff is coming in really well and based on what I'm hearing it sounds like the flippers might be eating their hoards real soon". I'm heading back tomorrow for 3 bricks.
No joke! what is the deal with .380? I don't get it… Haven't even seen any in the longest time
This is why I got rid of my Diamondback 380. Loved the little gun, but ammo was too expensive and hard to find (I hadn't started reloading yet).I think that it was always a more fringe caliber (the reason it's more expensive than 9mm, even when plentiful, even though it's small case and bullet), but with the huge increase in CCW permits across the country, and the proliferation of pocket pistols and .380 caliber guns, the demand outstrips the supply. .380 seems to be the latest fad. Crap, 5-10 years ago, of your shooting acquaintances, who had a .380 gun. Now every mfg's on the bandwagon.
Prices are going down. Demand is down though higher than it was in the past. one thing is that manufacturers are increasing production. And there is some overseas production that is getting into the US. Maybe, with an Republican president, we might see more overseas ammo come in thus taking prices down even more.
We are still not where prices were before the rush started, and I don't see it getting back there. More like gas prices, I think people are getting numb to paying 30% more than they were before for ammo.
I think the American populace is numb about a whole lot of issues.
One thing, though. One day the flipper's bubble will burst and he will have to look for another easy money scheme, while he sits on a bunch of .22 ammo.The average retail employee who sells .22 ammo makes around $10 per hour. If he works 40 hrs. a week, he spends 1 hr. selling all of the .22LR and 39 hrs. listening to conspiracy theories about why there's no .22 LR. After taxes, he'll be lucky to take home $300. On the other side of the counter, there's a bunch of guys who buy 10 bricks at $25 each or $250 then they flip them online for $65 per brick for a gross profit of $400 tax free. That's why you people with jobs can't find any .22LR. Luckily the guys behind the counter aren't good at math or they'll spend a few hours a week waiting in line at Gander, Wally World, and Rural King and they'll triple their incomes and it will be even harder to get waited on.