I don't see less than $10/500...
I don't see less than $10/500...
That's what I'm waiting for to buy next years Training Ammo.
I don't think it'll be a crash, but it'll be a return to normalcy more than anything.
The main driver of demand is the general increase in firearm enthusiasts. The prepper **** is still popular but will eventually wane. Production is at an all-time high but demand is coming down. Simple economics will see store shelves stocked and competition increasing, forcing prices down. This will trickle back to wholesale prices as dealers will be placing fewer orders despite manufacturers churning it out and distributors stocking up. Eventually we will see .22lr come back to .02/rd and 9mm at .10/rd. People who think prices will stay high forever simply don't have a grasp of fundamental economics and an understanding of a free-market capitalist society.
If anyone ever finds any new quality American made 9mm ammunition for 10 cents a round I am down for at least 50,000 rounds.
At 10 cents per round for 9mm, I'm down for 50K rounds of steel-cased Russian rabbit turds.
Thing is, once it gets to .10/rd, most people won't be buying that much.
That will happen about the same time gasoline sells daily for $1 a gallon.
If anyone ever finds any new quality American made 9mm ammunition for 10 cents a round I am down for at least 50,000 rounds.
Gas was selling for in the low $1.00s as recently as 2008, right after topping $4.00 just the year before.
I don't expect gas or ammo to get cheap anytime soon, but it is a reasonable possibility over the next few years.