ObomaNation Effect?

Which Economic Law is applies now?

  • Demand just continues to outstrip supply.

    Votes: 57 37.0%

  • We are just being gouged.

    Votes: 97 63.0%
  • Total voters
    154
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Flame Red

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I have been noticing on this and other forums that the consensus is that prices of Guns and Ammo continue to rise even though our economy clearly has tanked and the prices of many commodities have come down.

I am assuming that this is in anticipation of the election of his Majesty, Our Savior and future King, his Highness Obomination and the yet to be enumerated measures he and is court of Jesters in Congress will enact to erode or more likely, eliminate, our 2A rights (let alone the rest of the Constitution).

I see very few saying that that they are selling all their holdings and are assuming they will be Grand Fathered in any restrictions.

So demand just continues to outstrip supply? Or are we just being gouged? What say you, the THR community?
 
"come down" == slight dip from record highs which are still more than double what they were a couple years ago.
 
Obviously supply and demand are king, but I'll admit, the reason I pulled the trigger on a purchase of an AK is because of what will most likely happen in November.

Why wait and take the chance. Gun sellers know there is tension in the air and being able to raise prices 10 to 25% is something they aren't going to complain about.
 
Totally agree. The price hikes are caused by the fear that BO will get elected. :cuss::banghead::fire:
------------------------------------------------
BEWARE OF THE MAN THAT PROMISES YOU EVERYTHING WANT, FOR NOTHING. NOTHING IN LIFE IS FREE, NOT EVEN AIR; YOU HAVE TO BREATHE OUT TO BREATHE IN.
 
I think the price hikes are in direct relation to gas. Suppliers have realized that they can charge a premium and consumers are still willing to pay it. Therefore, the price will continue to rise until we, as a people, say enough is enough and boycott certain things such as ammo, milk, gas, etc. I don't ever see this happening because people as a whole are too lazy to orchestrate such a thing and stick to it. I do think that much of the price highs are not a thing but price gouging.
 
both. We are straining supply, so they notice that and say that everything is getting bought up because of panic, and use it as an excuse to gouge us.
 
While demand has increased relative to supply and thus pushed up prices (there IS a war on consuming the stuff, and basic materials are increasingly popular), don't forget that the value of a dollar is falling fast.
 
Commodity prices were skyrocketing before the current crisis due to the globalization of demand. India and China are buying everything they can at any price, in order to meet their double digit growth rates.

The current financial crisis only aggravated the matter.
 
This does have a small amount of politics in it, however the thread was intended to be about ammo and firearm prices going through the roof. If we keep it on the OP's topic, the "IBTL" should be unnecessary.
 
We are straining supply, so they notice that and say that everything is getting bought up because of panic, and use it as an excuse to gouge us.
Click to expand...
Your statement is actually direct quote of true market forces at work.
When supply is strained by demand, prices always rise. It is not gouging, it is the market at work which is placing a higher value on particular product(s). Why would I sell you my product if Harry over yonder will pay me more?
If prices rise too high, demand will fall off because the perceived value is not there. If demand then slacks off, prices will moderate.

IMHO, it is purely market forces at work. Can an outside force such as the anticipated results of an election add fuel to market perceptions? Of course. Do sellers "gouge"? Only if you let them because you do not know its true value. If the market says the price is 'x' and you are not willing to pay that price, then you can search for a seller that will or go without until the price, or your income, changes your perception of the article's value.

Any article is only worth what someone else is willing to pay for it at a given time.

Nobody is forcing us to buy their product.

Except Government, that is. :cuss: :fire:

JMTC

Poper
 
Hmmm... I'm not hearing demand is so high.

I was talking with a friend yesterday who makes his living selling at gun shows and he says that the last three shows have been terrible. Good turn-out, but far fewer people are buying -- and from talking with the other vendors, this seems to be the consensus.

For my friend, sales are down by 50% from this time last year. Maybe that's just in my state, or maybe people are buying more from venues other than gun shows, but if their buying patterns have changed and not their purchasing volume, then its still a strong trend change over 12 months.
 
:eek:Quote:
"Obviously supply and demand are king, but I'll admit, the reason I pulled the trigger on a purchase of an AK is because of what will most likely happen in November.

Why wait and take the chance. Gun sellers know there is tension in the air and being able to raise prices 10 to 25% is something they aren't going to complain about."



Camslam, you hit it right on the head....They're gonna go up, and depending on the election, they may stay up...
 
There may be some price increases particularly for ammunition in demand by the military, but my experience has been that prices for both ammo and guns are remaining pretty flat. I just bought a Remington 597 TVP and my gun guy gave it to me at $100 under list, and gave me a very good deal on a scope to go with it. A couple of weeks ago, I bought 500 rounds of .223 for $180

What does this have to do with the Presidential candidates? I thought we had an embargo on political threads. . .
 
Someone said the value of the dollar is going down.

I agree with this completely. I don't think its gouging especially with ammo and guns. (with gas yes its gouging, and I will consider it gouging until I run accross a gas station that has ran out of gas)

I think with guns and ammo it has alot to do with regulations being placed on the manufacturer and that raises the price the dealer has to pay for it. Therefore the price is raised that the consumer has to pay for it.

And there probably has alittle to do with raised demand. That will also raise the price. Less supply is not the only reason prices get raised ( the gas companies have proved this point)

Thanks for reading my rant.

Smithiac
 
Owen,

Oil effects every commodity there is. Until we stand up against it there will be no relief. I blame the rise of price in other commodities on oil. What I have personally done is that if gas raises over $4.00 per Gal. I will not be buying it.

Yes, I will not go to work and get a paycheck but giving my paycheck to the gas pump isn't worth going to work.

Smithiac
 
Yes, I will not go to work and get a paycheck but giving my paycheck to the gas pump isn't worth going to work.
Click to expand...

This is the best advice I've ever read on this forum, regarding guns or not. Stick it to the man, brother!
 
If you could get a significant number of consumers to not purchase a particular product for a month, you could understand supply and demand. Your vote is your dollar. Gas too high? Stay out of your car for anything but required driving. Bullets too high? Get an airsoft. Not difficult to understand.;)
 
Actually I've noticed more and more people selling than buying. It also looks like many of the Y2K hoarders are starting to sell off their AKs, SKSs, ARs, and ammo, making a profit even if they sell below current market value. (Compared with what they paid for it in 1999) Although some still think in terms of "AWB" and "high capacity mags" and try to charge waaay above current market value.
 
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