Laughing at the so called shortage.

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kingmt

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With a Google search I found all kinds of 223 ammo. It was going up to $2 a round. Which means I just shot over $2000 worth of ammo yesterday & I had only spent about $50 for. People keep trying to convince me I don't save money reloading.

I also just shipped out almost $1000 in reloading tools today that was all stuff I wanted to replace or just get rid of. I had about $300 in. I bought everything I wanted to replace & bought myself into a new hobby of casting & still have money left over.
 
Local Wallmart has Federal 55 grain .223 in 100 round boxes for 32.95 each. I bought three today for 105.77 with sales tax. Put them up for auction today and are at 225.00 already with 2:15 left on auction as of now. Guessing they will go for around 300.00 to 350.00. I sold total of five 1,200 round cases before I stopped selling my personal stock. Our Walmart getting shipments in daily. My plan is to buy 300 per day and sell. I told a local acquaintance that I had .223 up for auction and he is upset I didn't offer to him first. He said would pay 2.50 per round if had offered. So tomorrow, I may sell direct to him instead of interwebz. Funny thing is he lives closer to Walmart than I do. So many people have become used to ammo not being available they have stopped looking at normal venues and obsessing with online auctions and private sales. Our Walmart getting 223, 9mm, 45 and 22lr regular. It runs out by mid afternoon but the restock every night. Local gun shops are getting regular orders in. At least one a day gets ammo, stocks it, puts 2 box limit per caliber and it goes away but next day another shop has it and then the third and back to the first. I am used to the routine and can buy several boxes per day at regular, non inflated prices. I flip it for double to triple and do it again. As I am a daily buyer, they all treat me well and even give me a heads up via text message when it is going to be put on shelf. I buy and flip, buy and flip. If people will stop letting me double or triple my money every day, I will quit doing it. But its like leading sheep or cows. Just put out some feed and watch them line up. Weird?!?!?!
 
hueyville said:
Local Wallmart has Federal 55 grain .223 in 100 round boxes for 32.95 each. I bought three today for 105.77 with sales tax. Put them up for auction today and are at 225.00 already with 2:15 left on auction as of now. Guessing they will go for around 300.00 to 350.00. I sold total of five 1,200 round cases before I stopped selling my personal stock. Our Walmart getting shipments in daily. My plan is to buy 300 per day and sell. I told a local acquaintance that I had .223 up for auction and he is upset I didn't offer to him first. He said would pay 2.50 per round if had offered. So tomorrow, I may sell direct to him instead of interwebz. Funny thing is he lives closer to Walmart than I do. So many people have become used to ammo not being available they have stopped looking at normal venues and obsessing with online auctions and private sales. Our Walmart getting 223, 9mm, 45 and 22lr regular. It runs out by mid afternoon but the restock every night. Local gun shops are getting regular orders in. At least one a day gets ammo, stocks it, puts 2 box limit per caliber and it goes away but next day another shop has it and then the third and back to the first. I am used to the routine and can buy several boxes per day at regular, non inflated prices. I flip it for double to triple and do it again. As I am a daily buyer, they all treat me well and even give me a heads up via text message when it is going to be put on shelf. I buy and flip, buy and flip. If people will stop letting me double or triple my money every day, I will quit doing it. But its like leading sheep or cows. Just put out some feed and watch them line up. Weird?!?!?!
Click to expand...
It seems like everybody is doing that.
 
Buying and flipping IS THE PROBLEM.

You sir, are the problem. You are not helping anyone. You are creating the new normal.
 
I'm going to take the high road and hold my tongue from saying what I really think.

hueyville and his ilk are the core of the problem. It is why there are now limits at wally world, and why no one can get it except on GB.
 
Yesterday I built a little box of 50 158-gr PFN .357 Magnum rounds just piddling after church. I figure they cost me just a squeak over $11 to build. The cheapest .357 Mag rounds on ammoengine.com right now are .40 a round or $20 for a box of 50. And .357 Mag isn't even a true victim of the mania.

Four days ago I did a box of 50 sweet shooting 124gr SWCs in 9x19 between teaching and a rehearsal, for 15 cents a round. Ammoengine has a cheapest per round price of 87 cents.
 
Actually he isn't the problem. The people paying those prices are the problem.
 
let me be the devils advocate here... how in the world did you roll up 1,000 rounds of ammo for $50? unless you're using components from 25 years ago.

1,000 plane jane 55gr fmj bullets- $90
1,000 223 casings- we'll call this free
1,000 primers- $25 after hazmat
3# powder @~$20/lb after haz n ship- $60

im looking at $175/k using the cheapest 2012 pricing

I'll be one of those people again- how long did it take to load up? I HATED loading up 223. tumb, lube, size/decap, tumble, trim, chamfer/deburr, swage/ream primer pocket and then load as normal. Dont get me wrong, I usually never count my time in ammo cost, but unless you're running the dillon super turbo trim progressive x4500 automatic loading press, I bet you have a good 10-12 hours. Pistol ammo is a breeze compared, I can pretty easily and safely pump out 300 rounds an hour on the turret press and cast 650-700 bullets an hour with the molds so I dont have any problem telling people that a box of 45 only cost me $1.90 :rolleyes:

As to the price gouging thing... yeah its crazy, but you know why the prices are so High? Its because those are the prices people are willing to pay! Honestly, If I were sitting on a bunch of factory ammo, Id sell it in a heartbeat. Last month I made a quick $600 by picking up 223 brass at the range for about 4 hours. sold it locally very quickly for $120/k. this was when people were paying double that on gunbroker. It was like the ground was littered with quarters. I need to go back there, cash is running low :D
 
The people are paying that price bc some guy buys the stock every day to "flip". Everyone can't make the rounds to every store every day. If these guys didn't do this there would be ammo left to buy. Seriously? The problem is the people paying the price? THEY CAN'T FIND ANY!! PEOPLE BUY IT UP EVERY DAY AS STATED IN THIS THREAD TO FLIP!!
 
A few weeks ago I said that a whole bunch of people were doing this.. just look around and read the classifieds/be informed etc. Got dogpiled/poo-pooed on by quite a few people denying any such thing was happening all across the nation. They were just probably trying to defend themselves and what they were/are really doing.
 
Actually he isn't the problem. The people paying those prices are the problem.
Click to expand...

Correct.

As long as folks are willing to pay the higher prices someone will be willing to sell it to them. Don't blame the seller.
 
Are people too stupid or foolish to just go to the store and buy what's on the shelf? If it's not there, it can't be bought for any price. That's the situation in my area, there just isn't any ammo on the shelf. I walked past the ammo display at Wally today. The only ammo under 30 caliber was 5 boxes of 243 and 2 boxes of 7mm mag.
Not a problem for me because I was prepared.
 
Politicians putting forth ridiculous proposals to force mass registration and confiscation, while attempting to ban the majority of firearms we own are the enemy.

Individuals taking advantage of the fear in the market by making a profit might be a little unscrupulous, but I wouldn't go so far as to call them the "enemy".

Our enemies are those individuals who represent a direct threat to our 2nd amendment rights, and have no more respect for the Constitution than a piece of toilet paper.
 
Farmerbuck and Certaindeaf are right in my opinion. I blame the "sellers" for creating the "shortage". But the only way it is going to stop is if the buyers quit buying at those ridiculous prices.
 
Reefinmike

Good catch. That was a typo. I only had about 500 rounds. I done all of the sizing & prep work during the last recovery. I had a job that I got paid a lot but had little to do. So I actually got paid to do these. I loaded them at home with a powder measure. They were way under charged with cheap pulldown powder at $10/lb. Primers after HM/SH were $15/1000. 55gn FMJ pulldown bullets that I don't remember the price but I do remember they went to almost twice the price a month after I bought them. I remember being ticked at myself for not getting more.

Took me & the kids all day to go through those because they weren't sized enough. The kids were loading up the mag & I was shucking them through the bolt action. the ones that chambered easy I kicked back out for the AR but the really tight ones were shot in the bolt. after a while it even got hard to pull the trigger. My hand is still hurting from that stiff bolt.
 
kingmt said:
Reefinmike

Good catch. That was a typo. I only had about 500 rounds. I done all of the sizing & prep work during the last recovery. I had a job that I got paid a lot but had little to do. So I actually got paid to do these. I loaded them at home with a powder measure. They were way under charged with cheap pulldown powder at $10/lb. Primers after HM/SH were $15/1000. 55gn FMJ pulldown bullets that I don't remember the price but I do remember they went to almost twice the price a month after I bought them. I remember being ticked at myself for not getting more.

Took me & the kids all day to go through those because they weren't sized enough. The kids were loading up the mag & I was shucking them through the bolt action. the ones that chambered easy I kicked back out for the AR but the really tight ones were shot in the bolt. after a while it even got hard to pull the trigger. My hand is still hurting from that stiff bolt.
Click to expand...
But,it sounds like you and the kids had fun!
 
So if a company wants to buy your house say to put in a mall do you sell it to them a residential price of the $30K it was worth or do you want them to pay the commercial price?

Just asking.
 
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