Guns and scammo

[robairto]

It's my personal opinion that FN (Winchester) Cerberus (Remington/UMC) and ATK (Blazer line) Beretta (Federal) are bending over the gun enthusiasts by controlling ammo costs collectively and increasing the costs at rates unseen in other industries even in the worst slow down world wide in decades. Ammo is to the firearms industry what software (MS) is to the computer world. Ammunition continues to jump at excelerated rates even as bulk commodities have hit values at 1/10 of what they were a yr ago and petroleum is at 1/2 to 1/3 of what it was. This includes the surplus ammo from overseas which has nearly doubled in 6-7 months. I call Bull***t. and am done feeding the pockets of these companies. I won't stop shooting but I'm done paying thru the nose on something that should for all intended purposes should be at 25% less today than a yr ago. I have lots of ammo and refuse to buy more until I either run out or the prices come down. Yes you can have my share from Wmart because Cerberus (blood suckers who own GMAC and Chrysler) will think nothing of closing/selling out the firearms business for some more debt relief for their failing companies. I suggest a 30 day "shot in the A*s boycott of ammo and let the inventory sit or rebuild itself. I'm done ranting and feel better for it.

[truthseeker]

Shhhhh!

I have stocks in those companies and I don't want them to stop making me money!

Seriously, that is exactly the reason I have stopped shooting my handguns and rifles, I still shoot my shotguns since I reload. The prices are out of control, so I figure I will wait until everyone "gets theirs" and then when the prices come down I will buy more.

[Mason McDuffie]

That is a damn good point. I guess its just like the oil companies.

[Mssr. Eleganté]

Do schools still teach kids basic economic principles like "supply and demand".

I'm guessing they don't.

[robairto]

Dit de Dee

Do schools still teach kids basic economic principles like "supply and demand".

I'm guessing they don't.

DRRRrrr, "Mr, Keynes" I've voted with my pocket book and it will dictate demand and consumption elsewhere or even better how about I sell you some of the 10 thousands of rounds I have at 2-3x my purchase cost.

[Mssr. Eleganté]

...or even better how about I sell you some of the 10 thousands of rounds I have at 2-3x my purchase cost.

No thanks. I already have a lifetime supply of ammo. I followed the "buy low" principle during the 2000-2005 ammo glut. You could say I "gouged" AIM Surplus, J&G Sales, and Century Intl. when they had too much inventory. I totally ripped off those companies.

And just a couple of corrections to you list of evil greedy corporations...

The Winchester ammunition is made by Olin Corporation. Olin owns the brand name "Winchester" and they only let the Belgians use that name on firearms, but not on ammunition.

ATK produces both the Federal and Blazer brands of ammunition. Beretta doesn't produce any ammo.

So you can leave FN Herstal and Beretta out of your boycott.

[Tillers_Rule]

For the most part, I've stopped shooting until this craze is over as well. Only guns I take out on a regular basis are the .22 and shotty, since those prices haven't really changed.

Once I get my .500 in I'm going to shoot it though, cause those prices were high to begin with

[Freagan]

Do schools still teach kids basic economic principles like "supply and demand".

I'm guessing they don't.

This is true, it is our fault for continuing to buy ammo at prices this ludicrous. But at the same time they are gouging the hell out of the market price by under producing and creating the great shortage we are seeing nationwide right now, causing an even more insane jump in ammo prices.

[tenpercentfirearms]

You guys don't have a clue do you? Since November, I have not noticed a significant increase on the wholesaler price level of ammo. The main companies are not raising their prices because of the Obama panic.

However, the price of ammo over the last three years has gone up tremendously. Now until the 2008 Olympics, comodities prices had skyrocketted along with fuel costs. Those were the main driving factors behind the price increases.

If you are seeing price increases now, it isn't on a wholesaler or manufacturer level so much as a retail level. Basically, with this level of demand, I can make 40% on ammo where I used to only be able to make 20-30%.

Do you really think with this unprecedented demand that manufacturer's are going to lower their prices? I wonder how much lead and brass are actually out there right now considering that the demand is so high, that the ammo industry is trying to acquire anything they can to sell it? If I sell ammo grade brass and all the manufacturers are hounding me for some more, is it unheard of that I should raise my price? When ATK balks, will Olin?

Good for you for deciding not to buy ammo at times like these. However, boycotting these guys is going to be about the biggest waste of your time as you could possibly come up with. With demand like this, you will be in the extreme minority and people will just keep buying ammo around you.

The only way to stop this current "crisis" is for people to buy too much and for them to suddenly realize there is no threat of an imminent ban. I predict that won't happen while BO is in the White House and DI FI's party is in power in Congress.

[GuyW]

Maybe Obama will impose price controls on ammo??
.

[rivviepop]

I have stocks in those companies and I don't want them to stop making me money!

RGR: +41.15%
SWHC: +72.64%
CAB: +29.99%
GMTN: +48.25%
DKS: +15.54%
ATK: +11.82%

EDIT: new Forbes article:

http://www.forbes.com/2009/04/16/handgun-pistol-rifle-personal-finance-investing-ideas-smith-wesson.html

[yellowfin]

This is where imports come into play. Can't get a good price on .223? Buy 5.45. .30-06 too high? Bring on the 7.62x54R. WWB? Pass the Wolf, please.

[bohoki]

that is baloney ps winchester ammo is from olin fn has the firearms division

as long as pmc,wolf,s&b,magtech,fiocci are coming in its a free market

[rivviepop]

Cabelas closed up 13.5% today.

Cabela's Rises As Data Indicates Coming Rise In Gun Sales

http://online.wsj.com/article/BT-CO-20090416-711813.html

[Bizcuits]

I don't see the price gouging coming from the manufacture, but the retail fronts. Many vendors still are selling the ammo at the normal prices, a few have jacked it up. Your choice to buy it if you want. No one is forcing you to stock up. Personally, I wait for walmart to get stock and I surf gunbroker for good deals.