Post-Panic, Strange Market Observations

[leadcounsel]

My experience is that prices come down much slower than they go up, and non-gun people have started to 'wake up' and become gun people.

I believe that people are not inclined to sell at a huge loss, and may wait until the next panic to sell ... or they'll just hold. But what do I know.

I do know that pricing is all over the place!

That said, I've recently lucked into some outstanding gun deals, but they are less common. Average prices seem to be noticeably higher, and cheap or nearly free ammo just doesn't exist anymore. People hoard and trade it now.

 

[justice06rr]

I doubt many of those rifles were bought with the intent of selling them later.

Sure, but its funny to see so many firearms esp "unfired" AR15's for sale. I've seen the same ads for the same rifles over and over on my local online sale pages; A Colt6920 that started at $1300 last week is around $1200 now and still no one is biting. that same rifle sells for $1097 new at Walmart.

On my local FB guntrader page, a guy is selling a Franken AR for $3k, and many of the people are just amazed at how expensive this guy is selling it for. Of course he gets no buyers.

Ammo prices is what I watch out for. Its the last commodity to come back in stock after a panic. Bricks of 22lr that used to be $60 and up are now down to $30/brick. Lets see how far down they will go...

 

[xxjumbojimboxx]

I love how these ammo panic threads turn into reports that mirror sit reps from zombie movies. "were wiped out in texas" "alive and well in Kansas..." hah. Makes me laugh... Either way... The ammo will come back. It's being produced at higher levels than it ever has, and being hoarded even worse. Eventually the demand will dwindle. This is my first drought as a shooter... Thankfully I read enough on forums like these to really stock up on ammo before it all went to hell... simple economics though, it will all come back... Theres a tipping point, and ammo is becoming more and more common, so I don't think that were going backwards, Most of us can already feel it getting better. I don't see anyone getting any .22 ammo anytime soon though. Where's it all going?! That's the only one I haven't personally seen in an academy or wally world in a long time.

 

[SilentScream]

Where I'm at in Georgia gun prices seem to have come back down to pre-panic levels AR's & AK's are plentiful. Ammo at the LGS is still way too high + rationing. The shop a couple towns over has had ammo throughout the panic(and did not jack up prices like everyone else), however same as everywhere no 22LR and oddly enough 9MM is impossible to get at the moment. Not sure why that is, as it has been available throughout the panic.

 

[Queen_of_Thunder]

Maybe the suppliers sent your 9mm to another region that hasn't had any.

 

[justice06rr]

After this all boils over I will definitely be the wiser and will stock up enough ammo (more exclusively 22lr, 223, and 7.62x39) in order to survive ammo panic/shortages in the future.

Unfortunately not everyone can reload. I plan to reload soon, but even reloading components were affected by the shortage. you'd have to have planned ahead and bought enough components to last you during times like these.

Reloading is not cheap either. It has been said that you reload to shoot more, NOT to save money. I'm sure you save a little bit, but at the cost of your own time and effort.

 

[cal01]

"---- Reloading is not cheap either. It has been said that you reload to shoot more, NOT to save money. I'm sure you save a little bit, but at the cost of your own time and effort."

For me, reloading is still an enjoyable and much anticipated part of the whole adventure. I do my reloading in a hand-built log cabin in the woods of East Texas and it is about as much fun for me as shooting is. -- note: the attached picture is of my wife standing on the porch of our cabin in the pines.

Some day I am sure it will become a bit more of a chore than it is now, but I do enjoy the activity involved in reloading and the satisfaction of discovering the load that a particular gun really likes.

Cal in TX

 

[C5rider]

I do my reloading in a hand-built log cabin in the woods of East Texas

sheesh,

And all I've got is a shabby ol' shed!

Very nice getaway you've got there Cal! I AM envious.

 

[Trent]

I do my reloading in a hand-built log cabin in the woods of East Texas and it is about as much fun for me as shooting is. -- note: the attached picture is of my wife standing on the porch of our cabin in the pines.

If you go to that cabin, with your good looking wife, and you spend time reloading... sir, you might just need to get your head checked out!

 

[Speedo66]

"---- Reloading is not cheap either. It has been said that you reload to shoot more, NOT to save money. I'm sure you save a little bit, but at the cost of your own time and effort."

For me, reloading is still an enjoyable and much anticipated part of the whole adventure. I do my reloading in a hand-built log cabin in the woods of East Texas and it is about as much fun for me as shooting is. -- note: the attached picture is of my wife standing on the porch of our cabin in the pines.

Some day I am sure it will become a bit more of a chore than it is now, but I do enjoy the activity involved in reloading and the satisfaction of discovering the load that a particular gun really likes.

Cal in TX

Nice.

Are those poles in front your laundry dryers?

 

[xfyrfiter]

Until such time that the Supreme Courts rules that a Constitutionally protected civil right may be reasonably regulated, but not banned – which may or may not happen – people are going to keep their arms and ammunition close at hand. During this country’s entire history I don’t think that people’s trust of the government has ever been lower. Big Brother is no longer seen as a friend, and economic uncertainty stirs the pot.

^^^^^^this

 

[breakingcontact]

To the OP, I'd add that things vary widely by location as well. I can buy Federal 556 every day now locally.