Lets not ignore an obvious (to me anyways) possibility, that the manufacturers are also "hoarding" ammo, to create the very shortage that is now upon us. Law of supply and demand! You want it, it doesn't exist, suddenly your paying way more than before. And I will be a doughnut with a center hole the size of a .22 that when the ammo shortage is over, the prices dont come down any where near as much as they went up!