ammo prices - historically

[somoss]

I have seen the price of ammo almost double in the short time period i have been shooting. most say it is the price of the components, the war, and hoarding due to the Democrats in power. I am wondering for those that have been buying ammo for a few decades are current prices likely to drop in the future? has this happended in the past where prices spike for a few years and then dropped or should i expect to see prices keep going up at 10 to 20% increase per year?
thnx

 

[somoss]

if this is in the wrong forum, please move.

 

[crushbup]

The prices probably won't drop much, if at all, but if material prices stay down and the panic buying stops, it should plateau and remain the same, with higher availability.

 

[MMCSRET]

In 1957 I was paying $5.80 for a box of Winchester or Remington 32-20. Both companies loaded a 100 gr. Jacketed soft point bullet. I was paying $.70 for 1 box of 22 long, $.78 for 1 box of 22LR, $0.88 for 1 box of 22 LRHP. There weren't big box stores or discount stores, most manufactured goods had a list price and if that wasn't followed then the wholesaler could cut the retailer off.

 

[pharmer]

What he said ^. In the mid-60s,(at R&S, sort of a Pep Boys auto store) I used to get a brick of Federal .22lr's for 6.90/500. In today's money they'd be over $4 a box. Joe