The Bullet Bubble: Is Ammo The Next Bitcoin, Or Gold In The 1970s? - Forbes
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I was going though things the other day... I ended up repacking these that I've had for a "few" years... I guess at some point this could be my retiremnt account :)
Interesting article.Quote:
Originally Posted by NoseWarmer
Am I wrong in assuming that a private party can not resell ammo to turn a profit? My hunch would be that such a practice is illegal? Where would so-called hoarders expect to turn a profit if they're buying low with an intent to sell high? Or are they waiting for the SHTF scenario where the rule of law is out the window and trading comes in to play possibly. :shrug:
No end to the shortage now anyway it seems.
Chris L
THe last paragraph makes me think one of our Sr. Mods wrote that article...think about it: "Other slang or shorthand in the above story does not indicate a lack of knowledge about the topic. Carry on".
Ammo lasting only 10 years, blasphemy. I've shot enough WWII ammo to know it keeps just fine.
I do personally agree with the projection on the drought of ammo though, third quarter of 2013 sounds about right IMO & things should be back to normal. I'm ok till then. For a shooter who is out though, that would be like an eternity!
Aaaaand... we have a winner.Quote:
Originally Posted by shooter74743
Panic has caused gun owners to buy up all ammo, like hoarders.
Ammo manufacturers cannot possibly follow demand.
Therefore ammo remains scarce and expensive.
And because ammo remains scarce, people buy it at high prices asap, out of fear it might run out.
Therefore ammo remains scarce and expensive.
repeat until infinity.
Noone to blame but owners themselves who take the media fear mongers at face value.
Up until 2 decades ago, our military still fed soldiers WW2 rations.Quote:
Originally Posted by shooter74743
Now, I presume that sell by dates on ammo make sense from a business. It's not that the ammo won't work, but the manufaturers no longer guarantee it. Generally, any sell by date needs to be supported with stability testing and quality control processes. You can't just slap any old date on a product. This is why relatively short use-by dates are put on product: manufaturers usually have no comprehensive stability test data + quality control processes to extend their dates.
Quote: "The .38 magnum is properly a.357 round," whatever a.38 magnum is.
4 months since I first posted this thread. From what I can tell, no change whatsoever in the apparent country wide rimfire ammo shortage. I find that interesting. Maybe such a demand will take a year or more for supply to catch up?
Chris L
IDK, something stinks,I saw a show that was about manufacturing,and the showed a plant making .22 ammo,and though I can't remember the number, it was in the billions per week,and that was just one plant. Somethings wrong.
Manufacturers aren't going to make increases in production beyond a certain point for what they believe to be a temporary increase in demand.
