Official price increase

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It’s discouraging when people don’t understand why prices go up when it’s very clear why they should

I couldn’t believe RMR for example hadn’t raised prices until now. It makes perfect sense from every standpoint even if the price of metals wasn’t up... but prices go up and face the wrath of people crying about gouging

Its ridiculous to me that retailers feel so obligated to thoroughly explain why they are raising prices

CQB45ACP said:
CTD?
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Cheaper Than Dirt. They’ve never been shy about adjusting price to demand
 
In a true free market, prices rise and fall with demand. If prices go up too much, people find ways to substitute. So, retailers cannot just raise prices at will or their customers will go away.
Ammo prices go up, more people switch to reloading. Reloading prices go up, more people go fishing.
 
WeekendReloader said:
In a true free market, prices rise and fall with demand. If prices go up too much, people find ways to substitute. So, retailers cannot just raise prices at will or their customers will go away.
Ammo prices go up, more people switch to reloading. Reloading prices go up, more people go fishing.
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With my history of fishing success, I’d be more likely to catch a brick of large pistol primers than a large mouth bass.
 
wankerjake said:
I couldn’t believe RMR for example hadn’t raised prices until now. It makes perfect sense from every standpoint even if the price of metals wasn’t up... but prices go up and face the wrath of people crying about gouging

Its ridiculous to me that retailers feel so obligated to thoroughly explain why they are raising prices
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RMR is a manufacturer (as is Vista). Vista hadn't raised prices yet. They still haven't (looks like it goes into affect April). Those increases are not what people consider price gouging. I think those price increases will actually be good overall.

The fundamental problem right now (aside from availability) is that the manufacturers haven't raised prices. There are a limited set of folks in the supply chain that can actually get product and they are the ones capitalizing on the shortage. Since they make so much on whatever they get, they are putting in endless orders. My LGS for example has not gotten any primers or ammo in months on any of his outstanding orders. Obviously he doesn't order anywhere near as many primers as a place like Cabela's, so he's clearly pretty low on the list for Vista to ship him any product.

For things to stabilize, the manufacturers need to raise prices and spread out the products instead of only supplying whichever big stores or distributers that seem to be the only ones getting stock.

As far as "preparedness", I have about a 2 year supply of components. I'm not sure that will be enough to ride this one out. I really don't think it's reasonable to expect folks to buy a lifetime supply of whatever they need and build an underground storage depot in their backyard (where would I safely store 1M primers?). Likewise, there are many folks that couldn't afford to do it even if they had the space.
 
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packetloss said:
RMR is a manufacturer (as is Vista). Vista hadn't raised prices yet. They still haven't (looks like it goes into affect April). Those increases are not what people consider price gouging. I think those price increases will actually be good overall.

The fundamental problem right now (aside from availability) is that the manufacturers haven't raised prices. There are a limited set of folks in the supply chain that can actually get product and they are the ones capitalizing on the shortage. Since they make so much on whatever they get, they are putting in endless orders. My LGS for example has not gotten any primers or ammo in months on any of his outstanding orders. Obviously he doesn't order anywhere near as many primers as a place like Cabela's, so he's clearly pretty low on the list for Vista to ship him any product.

For things to stabilize, the manufacturers need to raise prices and spread out the products instead of only supplying whichever big stores or distributers that seem to be the only ones getting stock.

As far as "preparedness", I have about a 2 year supply of components. I'm not sure that will be enough to ride this one out. I really don't think it's reasonable to expect folks to buy a lifetime supply of whatever they need and build an underground storage depot in their backyard (where would I safely store 1M primers?). Likewise, there are many folks that couldn't afford to do it even if they had the space.
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It occurred to me as I read this, who gets the most stuff is the one whose lawyers drew up the best contract.
 
CQB45ACP said:
It occurred to me as I read this, who gets the most stuff is the one whose lawyers drew up the best contract.
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I don't have any inside knowledge on this, but my guess is those with huge continual orders over the years (like Midway, Cabela's, big distributers, etc.) are probably higher up on the list than your average LGS in any part of the country.
 
packetloss said:
I don't have any inside knowledge on this, but my guess is those with huge continual orders over the years (like Midway, Cabela's, big distributers, etc.) are probably higher up on the list than your average LGS in any part of the country.
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You are correct. At least, that’s what CCI told me a couple of shortages ago.
 
On at least one positive note for the future - lead recycling costs will be significantly reduced in the near future. One company in Nevada recently revealed a breakthrough in cost reduction and production improvements in producing the "Purest Lead on Earth".

Aqua Metals, Inc., which is reinventing lead recycling with its AquaRefining™ technology, announced it has completed its V1.25L electrolyzer program on time and under budget, achieving lead production that is 100% greater compared to the V1.0 electrolyzer deployed at the AquaRefinery during commercial production in 2018 and 2019. The Company previously guided a 20% increase of throughput, yet the V.125L electrolyzer surpassed that guidance by 500%. The V1.25L program concluded with a multi-day 24/7 endurance run that ended on December 24th.

Since we have no operating mines to produce new lead, recycling is pretty important to our sport...as indicated by the growing number of casters (not me).
 
The cost of raw materials is always going to be slowly climbing. Those of us that have surplus funds at the end of the month often save them for a rainy day. Whether you put it into stocks/bank or buy goods it is always prudent to stockpile consumables as they will always cost more in the future. If you are lucky enough to be able to buy ammo or components ahead of use and stote them good for you. Those that can not are at the whim of suppliers in the chain and that sometimes sucks. We all as a society try to add to our wealth in our own way and this is good. Gives the individual something to strive for. I do truely feel for new gun owners that are experincing their first shortage of supplies. Life can be a strict teacher but we can survive it in time.
 
Sounds kinda like the gas shortage of the 1970s. Prices doubled over night. Then the government stepped in and put price controls on gas. The end result was prices were low, but you couldn't find any at those low prices. Many gas stations went out of business. I've seen a lot of price gouging, but yeah, prices do go up. Think about manufacturers that can't count on their assembly workers, cause every time one gets a sniffle, he has to self quarantine. I got kicked out of a doctor's office, cause I was truthful enough to say I wasn't feeling well. No it wasn't covid-19, it was a sinus infection.
 
Thomasss said:
Sounds kinda like the gas shortage of the 1970s. Prices doubled over night. Then the government stepped in and put price controls on gas. The end result was prices were low, but you couldn't find any at those low prices. Many gas stations went out of business. I've seen a lot of price gouging, but yeah, prices do go up. Think about manufacturers that can't count on their assembly workers, cause every time one gets a sniffle, he has to self quarantine. I got kicked out of a doctor's office, cause I was truthful enough to say I wasn't feeling well. No it wasn't covid-19, it was a sinus infection.
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Gas crisis—Haha, beat ya to it...see #39 above.
 
I was in Houston for the second "oil shortage" which was bogus as the super tankers were sitting offshore (verified by news helicopters) and were not allowed to unload. This was done by a few big companies to manipulate oil prices for the benefit of some folks like some former presidents. We cannot say the same with the ammo industry as no one has a majority share of business.
 
George P said:
I was in Houston for the second "oil shortage" which was bogus as the super tankers were sitting offshore (verified by news helicopters) and were not allowed to unload. This was done by a few big companies to manipulate oil prices for the benefit of some folks like some former presidents. We cannot say the same with the ammo industry as no one has a majority share of business.
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Funny thing I actually remember the first one much better than the second one. Can’t say why other than first time I was single and had a 20 mile commute. Second time I was recently married and enjoying wedded bliss (my wife might read this). But anyway, both crises were result of government trying to manage the market.
 
George P said:
I was in Houston for the second "oil shortage" which was bogus as the super tankers were sitting offshore (verified by news helicopters) and were not allowed to unload.
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Yeah, I remember Mar-r-r-r-vin Zindler, too. ;) He also flew over oil refineries and declared that oil companies were hoarding crude because he didn’t know the difference between fixed roof storage tanks and floating roof storage tanks. Neither did a lot of his viewers. Those super tankers were moored offshore because they had nowhere to go and nothing to deliver. There’s not much point in sailing empty ships around the globe.
 
CQB45ACP had most of it right. But it was a double wammie. Part 1 was: The 1973 oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries(OPEC) proclaimed an oil embargo. The embargo was targeted at nations perceived as supporting Israel during the Yom Kippur War. Part 2 was: After that, it was our own government that established the dubious price controls.
If price controls were not established, the price of gas would have leveled out a lot sooner. Some middle east countries needed our help from being overrun by their neighbors. We traded US peace keepers for oil supply.
 
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higgite said:
Yeah, I remember Mar-r-r-r-vin Zindler, too. ;) He also flew over oil refineries and declared that oil companies were hoarding crude because he didn’t know the difference between fixed roof storage tanks and floating roof storage tanks. Neither did a lot of his viewers. Those super tankers were moored offshore because they had nowhere to go and nothing to deliver. There’s not much point in sailing empty ships around the globe.
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At the time they were fully loaded. I was in Tyler on the LaGloria refinery expansion; we were filling up new tanks before they were even finished and painted. That was an artificially created shortage as opposed to this ammo shortage which is simply a massive panic-induced spike in demand and supply cannot keep up.
 
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