Is it worth the risk on waiting to buy ammo? Anybody see these prices going down soon?

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If I was the OP, I would purchase what I needed - I wouldn't necessarily fill the shelves.
This stuff can be timed and forecasted. It's not that difficult. When people experience prosperity, a level of economic certainty, and a stable political climate, gun and ammo manufacturers hate this period of time because their sales are down. People are too busy spending money on vacations, sports tickets, entertainment, dining, etc. - because times are good and income streams are somewhat known.

However, when there is uncertainty - be it economical, political, biological, or otherwise (this time all three) - discretionary spending doesn't go away, but it is reduced and redirected. TP, staples such as bulk and frozen food, camping and survival gear, RV's, cleaning products, guns, ammo, knifes - sales of these are through the roof. When people aren't sure if something will be "banned" or at least in short supply, we as Americans hoard and binge buy in an attempt to feel secure in uncertain times.

Guns and ammo is no different. At this point in time, prices are rising. Manufacturers used the increased demand to raise prices and it isn't evil of them to do so. That's just economics. Who knows what their supply chain is like? If it is a red November, things settle back down for three years. If it is a blue November, things will cost more and be in shorter supply as demand continues to increase. If you've lived long enough, a person can observe the cycle.

However, this also depends on the type of guns and ammo. Right now, it is nothing like 2008-2016. I shot at ton of hunting rifles and large rifle ammo in the BHO years. Nobody cared about that and there was plenty available. Similarly, nobody cared about revolvers. The biggest ammo demands were handgun ammo, 223/556, and 22LR. The biggest firearm demands were AR's and polymer striker fired handguns over 10 round capacity. I remember spending over $1/cartridge on SD handgun ammo just because it was available and hadn't seen it on store shelves in actual years.
Remember, today some 22LR for $.05-.06/rd is still available. For comparison, I was overjoyed to find and pay $40/brick for CCI SV at the end of 2016.

So, cheap 9mm, cheap 223, and 22LR are always the first to go. Those calibers are just too common. However, lack of ammo availability is typically what gets people into reloading.
 
The risk is not having ammo when you need it/want it. I'd advise buying ammo to practice, and some for defense if that's your intent, but not go too crazy. Get enough to enjoy the gun as needed for now. Prices not likely to get any worse, since most everyone is sold out. When it starts to come into stock again, like .22 did a few years ago, that's the time to buy it cheap and stack it deep.
 
I don't pretend to know where the price of anything is going. If the price of copper and lead drops, or demand drops, the price of ammo will probably go down.

Expect another run on both guns and ammo if:

Biden wins in the fall
Covid comes back with a vengeance
More riots
Police defunding without figuring out an alternative
Zombies

Many more scenarios could cause runs on guns and ammo. Ammo is a relatively small market and supply cannot be readily expanded.
 
I prefer to reload, but do buy some. I recently was in two different chain stores- Gander Outdoors and Runnings...although they didn't have what I wanted at Gander, I thought ammo prices were pretty close to normal, if not. At Runnings the same. They certainly had an assortment of most all rifle and shotgun ammo if not every specialty round and I did find what I was looking for at Runnings at a reasonable price. Smaller shops I have been in do have higher prices...so I passed. It will come down. We have been here before.Lets see how few people learn again from this and still don't get into reloading.
 
Again....it depends. How much do you anticipate shooting? What do you shoot as in what caliber? What do you consider too expensive? As far as the future it is a crap-shoot. My belief is that if Trump loses, the lid will come off the prices at least for most of 2021. So I say buy now while you can. But, you have to be careful. I bought a bunch of 17Mach2 because it was hard to get. At some point I grew weary of the inconsistency of Mach2 ammo and eventually got tired of that caliber. So now I need to sell 6 bricks of ammo. I know I'll get everything sold, (rifle, ammo, etc)., but, like I said.....it depends.
 
I check ammo prices every day for the last 5 or so months. There was actually a lil lull in the market about a month and a half ago, the Corona panic had everything wiped out and what you could get was very sparse and expensive, then things calmed down a bit and 9mm and .223/5.56 was coming back down to around $200 +/- per case and Target Sports was showing the typical 99+ in stock. Then the George Floyd thing happened and within a couple days everything was cleaned back out and all that is left is expensive JHP's and such. I read that African american gun ownership spiked bigtime and that's partially why we are seeing shortages again, also because of stimulus checks as well. I'm watching very carefully because I have come close to running out of my plinking ammo and dont want to have to tap my reserve stash so I'm just as eager to see some cases back in stock for closer to reasonable prices.....good luck
 
As has been mentioned for other than rimfire: reload, reload, reload ! Buy bunches of components, supplies and start a new hobby while you are quarantined at home ! The amounts you stockpile now may seem obscene now but believe me, when you cannot get it, you will be glad you have your stash set aside !
Talking from experience
 
My advice, for what it's worth- keep buying, but try to be reasoned with it.

If you have an ample supply, top it off as best you can, without going overboard. For me, this means- 9x19, I consider a case of range ammo (FMJ) to be worth about $200. It used to be that way, I would buy when it got there or below, and I could use some. We got spoiled, and that price dropped to around $180, shipped. Well, that's gone now, but the extra $20 is a trip to McDonalds if you have 2 people. If you can get $200 shipped, do it. Now, back in the past I preferred, say, Sellier & Bellot and Fiocchi over PPU, and PPU over Winchester, etc. Forget that now- if you can find reliable FMJ at/under the $200 price point and it's not steel case, get it. If you can find steel cased, your guns can shoot it, and you can find it under $180 (and your range allows it of course), get it. It won't hurt the guns.

If you have an oddball chamber, then great! I have some 9x18 Makarov pistols, and the price has never moved much. I just ordered 1K of Silver Bear in another tab as I typed this, it came out to be $210 shipped. Yes, it's steel cased. Yes, the website pushed the price up with $20 shipping. But also, yes, 9x18 has tended to run 11-12 a box of 50 (steel cased Wolf, Tula, etc) since forever, going back 10 years or more. In other words, THAT market hasn't changed much yet. And I don't care that it's steel case, since that's what those guns were built around. They've always been shooting steel. They are tanks. And for practical purposes, they are right in line with .380's ballistically, at the low-acceptable margin for SD if needed.

Rifle- depending on what you have, then top it off slowly as needed, or build your supply if you have to. I know conventional wisdom says wait for prices to drop, but I don't trust things right now. You wait another couple months, and things might well be worse. It isn't just manufacturing supply, it's the current climate in the country. It's got to be the worst I've seen in 20+ years. No matter how much you have, it's not enough.
 
How, exactly, would any American president "Hitler" our guns?
The president would need votes in both chambers of the legislature to do much of anything, and whatever law was passed would have to withstand judicial review.
IMO, if you're short, correct your shortages, but now is indeed a poor time to try to fill shelves.
 
I keep a couple hundred rounds of factory SD for each handgun caliber. I also reload and keep 1 hundred rounds of all caliber as well as supplies for another 200 for each caliber. I dont blowup the range either...
 
BullHeadedGideo:

Remember that Obama's plan right before the 2008 election was Not to pass any major legislation on guns or ammo. But most gun owners believed the hearsay, the rumors.
It was about healthcare- "Obamacare". This required every Senate vote which could be bought, via 'special deals' given to some states. And it almost did not pass the final vote.

But why would gun stores have told you about their actual plan, when instead, they could convert anxiety into huge profits? $$
Maybe you were below the legal gun age in 2008.

It is unlikely that Biden would plan on using most or All of his political "capital", you know-political support, on guns or ammo when people crave tangible benefits which they can spend.

The people who shout the Loudest and most often about "If elected he's gonna take away...!" are the people trying to exploit you and grab your cash.
 
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I'd be surprised if prices don't continue to rise the rest of the year. We are headed into a presidential election with both houses of congress up for grabs in the midst of widespread unrest, calls to abolish/neuter police departments, and a global pandemic/recession.

Yep. Get used to these high prices and shortages for a very a long time. It's going to get worse.


If either side wins, expect things to go completely berserk.
fixed it for you.
 
My advice is to get enough ammo now that you can feel comfortable with levels of what you might use in the next year. Then as a long term strategy slowly build up to a 5 year cushion. I keep a 8 year cushion at minimum. Try reloading as well, this has been my savior for years. During the "O" years I was making and shooting 38 SPL and 9MM for less a round than it cost to buy .22. Buying more ammo or components as a hedge against inflation is sometimes a better investment than money in the bank. Just don't short yourself in the food or shelter areas to do it.
 
If you throw in the towel the bad guys chalk one up in the "win" column.

Unfortunately the bad guys are getting a lot of wins lately. Even though well stocked, I will buy if the opportunity is there and I check it every day. (within reasonable cost). Pretty much taking anything I can get when available like 12ga mini slugs I just bought. Buy up as much 22.cal as I can for training and shooting very little center fire which sucks.Just hoping rimfire does not go into a major shortage.
 
I believe this mess goes way deeper than just politics but we can't get into details and theories here. No matter who we think is behind the obnoxious uproar the country is going through, what would possibly make it all go back to normal? They (someone or groups) set the country on fire and what would possibly cause them to put the fire out and play nice? I don't see anybody playing nice. The nice people want to mind their own business and defend their families so they buy guns and ammo. And those same people are getting educated and are just realizing how fast ammo goes when you practice. So they buy more. I don't see prices coming down anytime soon. If I was a newbie, I would be shopping and stocking up right now.
 
Trying to speculate is useless. Ammo has been underpriced for years and hasn't gone up very much at all.

Just don't buy any at grossly inflated prices, but go ahead and get what you need when you can get it.
 
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