I think ammo will go up in price/value for a longer period than the stock market, but that's just my .02
You stop buying.
More for the rest of us.
If you choose not to decide, you still have made a choice.
I like lectures.
I prefer pictures though.
Even though I probably had enough, I've bought nearly 2k in assorted calibers over the last few months. I even ordered some stuff I thought was too pricey, from a company I've done a lot of business with, since I know they must be hurting due to limited availability.
Also bought some from the classifieds here, that was priced slightly below current market, because why not? If someone wants to make a few bucks off his investment, who am I to complain. After all, the stuff just sits in a box somewhere, doing nothing, until times like this make the buy and hold strategy pay off.
If I had a bit more trust tin the government - like if Trump's election wasn't invalided - I'd have sold a fair amount of my stash, knowing I'd be getting more by and by. But no one is in a position to trust the current government - they don't even trust their own soldiers(!) - so it seemed reasonable to put my money where my beliefs are.
Economics likes to think it's a science, but it's Just Common Sense. You takes your money, and you puts it where you choose. While you're still allowed to do so, that is.
Just read the 1st post - "PLEASE STOP THE MADNESS". So cute. I love it when folks make me smile.
I guess I'm helping the OP??
Havent bought any ammo for a few years.
My opinion it is the manufacturers fault! There are all types of algorithms they use to project future production, blips in the market and sales. So if they were not prepared it is their fault and no one else. Manufacturers were caught with their pants down and playing with their selves. They did not have any stock built up and were just manufacturing the items they sold.
5Over 7 million new gun owners in 2020. Lets say they each just buy a hundred rounds.
Demand on ammunition is 7,000,000 x 100 that means demand went up by 700,000,000.
obama bought ammo like crazy for every and any agency, even weather stations. unsure if biden is taking over the market, i have been off for a while. prior to 1jan, small shops got smaller than usual shipments, even during hunting season. agencies we service got roughly half to 3/4 of usual amounts.
My opinion it is the manufacturers fault! There are all types of algorithms they use to project future production, blips in the market and sales. So if they were not prepared it is their fault and no one else. Manufacturers were caught with their pants down and playing with their selves. They did not have any stock built up and were just manufacturing the items they sold.