everybody panic...?

[jpkotor]

so the other day i posted about prices going up the day after the election. ammoman jacked up their 7.62x39 (wolf and gt) to 230 per thousand. now they jacked it up to 250... the general feeling in the last post was not to worry.

do i worry yet and max out my credit card with ammo? someone reassess the situation amid the new price increases. would buying just contribute to the cause of the problem (demand spike)? or will it be inconsequential

[stphnman20]

Buy what you want if money allows.. Dont max you CC bro.. Trust me..

[Tumerboy]

I think most of this is election panic, and it'll settle down next year sometime.

[chsk9]

so the other day i posted about prices going up the day after the election. ammoman jacked up their 7.62x39 (wolf and gt) to 230 per thousand. now they jacked it up to 250... the general feeling in the last post was not to worry.

do i worry yet and max out my credit card with ammo? someone reassess the situation amid the new price increases. would buying just contribute to the cause of the problem (demand spike)? or will it be inconsequential

I doubt that ammo price increases will be greater then your credit card APR over the next year.

[Cypriss32]

Im holding off.... You should too. People are panic buying and raising prices. A short tiem from now, the price hikes will drop after people run out of credit.

[X-NewYawker]

Buy what you want if money allows.. Dont max you CC bro.. Trust me..

Hey -- go ahead and max out your credit cards -- Obama's gonna pay all our bills, didn't ya hear?

[AJAX22]

Buying on credit is not a good idea.

however, I'm a bit more pessimistic about the outlook in the near future.

when CA started buying lowers we absorbed the entire output from several manufacturers for a period of nearly two years, with the rest of the U.S. in a buying frenzy I don't think output will meet demand for quite a while.

thankfully most of us stocked up on all the ak's and AR's when we had the chance.

ammo will be interesting, people should really be stocking up on reloading components and reloading setups, the bulk ammo market was already quite strained before the rush happened, so I don't forsee prices going down anytime soon.

[kurac]

It too late to buy when everyone is in a panic, if it calms down then it would be a good time to stalk up. I think most of us here stocked up a while ago or have been for years

[69Mach1]

Although it's harder and more restrictive for us to get into the panic buying, CA residents have been draining the sources for black rifles for the last 3 years. We've had a huge head start. I hope at least everyone here has gotten what they needed. I don't think prices and demand will come down for awhile.

[CmpsdNoMore]

I already have what I consider plenty of firearms and ammo. I wanted to get an AR style rifle sometime in the future, but I don't feel like I need to go out and spend the little free cash that I have.

I'm planning on buying at least a lower when the price goes down and using what I already have to improve my shooting skills for now.

[ptoguy2002]

The way I look at it, we have Obama, Biden, Pelosi, and Reid in the top spots, all anti-2A folks, and according to the NRA (taken with a grain of salt), we lost several A grade congressman to D or F grade people.
Yeah, there are a lot of pro 2A dems, and we have Heller, but I'm thinking that they will at least try to get something by.

My only "panic" purchse was a bunch of 5.45 and 7.62, which would be subject to import bans, and since it comes from overseas, the long lead time from overseas plus panic demand means that is most suseptible to, um, "issues," IMHO

If something happens, it won't happen for a while though, so there is plenty of time to buy your ARs. AKs might be another matter though, for the same reason as the ammo and with current parts import issues.

[rg_1111@yahoo.com]

If you have the money buy now. It's better to have it and not need it. Than to need it and not have it.

[RobG]

Look around. I bought some XM193 2 days ago for LESS than I did 6 months ago. Not everyone is sticking it to us.

[Quiet]

Reason for Wolf ammo price hike?

Could be due to the fact that ROSOBORONEXPORT, the company that exports Wolf ammo out of Russia to other countries, is now under US State Department sanctions prohibiting it from exporting arms and ammo. This is causing panic buying and driving up the cost of Wolf ammo due to FUD that it will no longer be imported into the USA.

[sytfu_RR]

I'm already tapped out from my 3 ar's ( one is not even complete yet ) and mossberg all purchased within the last two months. Just going to wait it out and save up. Pay my bills in the meantime.