KBintheSLC
Member
So, I have been seeing the early signs of the end of this ridiculous feeding frenzy. It appears to be happening sooner than I expected.
-First of all, the local classifieds are flooded with "evil" rifles and hi-cap mags by folks who still think they can get $800 for a WASR-10, and $40 for a Chinese 30-rounder. The ad's that used to only last a day or so (sometimes only a few hours) are now sitting for a week or more with no buyer.
-Second of all, the gun shops that have been ruthlessly riding the wave of price hikes are finally hitting the consumer price threshold. One shop has had the same three cases of Brown Bear x39 Russian on the floor for over a week now... they want $289 for a case of Rooski AK ammo .
-Third of all, people are more broke than ever. Unemployment figures are well over 7%, consumer confidence indexes are painfully low, and people are actually saving cash again. Major credit card firms have recently announced hefty APR hikes and other consumer-repelling changes to their terms and conditions. This will all serve to dissuade a lot of folks from buying things they cannot buy in cash.
I have to admit, I thought the spree would last until early summer. Either way, I can't wait for the bubble to burst so I can afford to shoot something besides .22 again.
-First of all, the local classifieds are flooded with "evil" rifles and hi-cap mags by folks who still think they can get $800 for a WASR-10, and $40 for a Chinese 30-rounder. The ad's that used to only last a day or so (sometimes only a few hours) are now sitting for a week or more with no buyer.
-Second of all, the gun shops that have been ruthlessly riding the wave of price hikes are finally hitting the consumer price threshold. One shop has had the same three cases of Brown Bear x39 Russian on the floor for over a week now... they want $289 for a case of Rooski AK ammo .
-Third of all, people are more broke than ever. Unemployment figures are well over 7%, consumer confidence indexes are painfully low, and people are actually saving cash again. Major credit card firms have recently announced hefty APR hikes and other consumer-repelling changes to their terms and conditions. This will all serve to dissuade a lot of folks from buying things they cannot buy in cash.
I have to admit, I thought the spree would last until early summer. Either way, I can't wait for the bubble to burst so I can afford to shoot something besides .22 again.
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