Sell it? or Stash it? A Seller's Market.

[SCBradley]

My point in all that was, if everyone continues with this rediculous search for every box of ammuntion they can find, this situation is not going to show any improvement whatsoever.

And my point was, that that's between them and their money.

I went to Cabelas the other day to pick up some dies and they were out of almost every caliber. I wasn't upset that some jerks who'll never reload a single round bought up all the dies. I was pleased that more and more people are reloading. I came back a week later and got what I needed.

Also, if that man who put upon you so much by purchasing a paltry 400 rounds is never going to shoot it anyway, then he's probably done buying.

I don't see this as a long term problem, except that it seems to be bringing out nascent communitarianism in people you wouldn't expect it from.

quite similar to the gas crisis last year in the southeast where everyone took their cars, trucks, boats, 4-wheelers, lawn mowers, weed-eaters, and gas cans to the station to fill up and resulted in a complete sell out..but I guess you would have hoarded that too... as long as you have yours... right?

The difference would be that gas is a necessary item to nearly everyone, while ammunition is a luxury item. People aren't going to be stranded at home because they don't have enough 9mm to get them to work.

I have no use for large quantities of gas though, so I'll stick to hoarding all the people's ammunition. Thanks.

 

[Jefferson Herb]

ammo prices

I watch for ammo thats been sitting on the shelf for a while and stock up on stuff I can use.I don't shoot as much as I used to,but still cast for the big bores and think of better times.I also have a littleton shot maker and as long as I can find that evil toxic lead I'm going to use it.
It's your property,you may want to consult your consience,I'm into trading stuff that I can't use for things I can.
If things get real bad I'll trade .22 rimfire for 9v batteries for my range finder.You want to complain,go buy 577/450 martini ammo or brass.

 

[TRGRHPY]

Nobody got burned...what the heck are you even talking about? You're becoming delusional.


I did miss that post (apologies to the op), but I still addressed that circumstance by saying:

If you have extra ammo left over from a gun that you had/have and want to sell it for whatever the market will allow, then all the power to you.

Spend a little more time looking for ammo, and less time whining about everyone else that found it.

Maybe you missed this also:

There are lots of people who don't stock up on ammo and only buy it when they decide to go shoot. I am not one of those people...I try to have enough for a 2 or 3 range sessions.

Try reading one of the many, many threads and posts where people either can't find ammo or it is so expensive that it's not worth purchasing ($65/box .380 for example). Even the op makes it a point in another current thread. I have never stated that I haven't been able to get ammo.

 

[flynlr]

I have over 10k of 40S&W at a trillion dollars per 1k..

I probably wont sell any . if I want to sell any I may need to lower my price. pssssst obongo want some ammo?.

 

[Ohio Gun Guy]

I dont mind all of this ammo flying off the shelf. I see at least one very big positive outcome: Like minded, well armed Americans now have ammunition reserves.

They always complain we dont save.....who says we dont?

 

[moooose102]

sell, or trade it for something you can use. if you have no plans on purchasing a gun to use it in, there is no sence in keeping it.

 

[Lou McGopher]

Don't blame those who are buying and stashing ammo they may never use.

Blame those who give them a reason to feel they should hoard ammo (the govt).
Blame those who are buying massive quantities of ammo with your hard-earned money (the govt).

 

[fireman 9731]

Trade it for something you can shoot.

You wont be out any money and you wont fuel the fire of the crazy ammo market right now.

 

[geophysicishooter]

Nobody got burned...what the heck are you even talking about? You're becoming delusional.


I did miss that post (apologies to the op), but I still addressed that circumstance by saying:
Quote:
If you have extra ammo left over from a gun that you had/have and want to sell it for whatever the market will allow, then all the power to you.


Quote:
Spend a little more time looking for ammo, and less time whining about everyone else that found it.

Maybe you missed this also:


Quote:
There are lots of people who don't stock up on ammo and only buy it when they decide to go shoot. I am not one of those people...I try to have enough for a 2 or 3 range sessions.

Try reading one of the many, many threads and posts where people either can't find ammo or it is so expensive that it's not worth purchasing ($65/box .380 for example). Even the op makes it a point in another current thread. I have never stated that I haven't been able to get ammo.

Well, while I was trying to engender discussion, I did not forsee this kind of firestorm over a few hundred rounds of ammo. Not that I feel inclined to justify or explain myself but perheps it's instructive.

When I was stocking up on this particular batch of ammo, I'd go into academy and buy 100, 200 or maybe 300 rounds at a time (however much I thought I could afford at the time) and leave dozens of boxes on the shelf for the next dozen guys. Trips home would often net 2-3 boxes after I'd get done shooting for that week's trip. That was when I was shooting the 40 alot.

After I got my STI, I found myself shooting that little sigma 40 less and less and carrying it even less, almost never, in favor of the single stack .45. So when I had the chance to buy an AR at a good price, I leveraged that 40 that I hardly ever shot anymore against the cost of the new rifle. (best investment I think I've made, btw) I had a chance then to unload that ammo when I sold it but held off. Now I have the opportunity to offer more than half a case of fmj target rounds and a few boxes of shiny new golden sabre hollow points that it looks like nobody has.. and I'm not looking to take anyone to the cleaners either. I just want an opportunity to trade it to someone who wants or needs it for equitable value in something I want or need.

Maybe I'm the only one in that situation. I doubt it. Not in this crowd. It's interesting that the poll was heavily in favor of the hold it option early but now firmly in the lead is sell sell sell.

I don't know. I won't shoot it anytime soon. I don't even know someone with a .40 right now. everybody's 9 or 45 that I know. so I can't even really pass it off to a buddy and I'd probably give it to him at cost and a six pack of shiner. but that ain't an option.

I can either sit on it or get the most I can for it while I can and still feel good about the deal.

But I also said that as it bears on the fact that I have goods to offer, none of that matters. Let's take for instance the case where I had a chance less than a year ago to buy 762x39 for some stupid price, I forget how cheap it was. maybe someone remembers the great academy overbuy of '08. I seem to remember it was $75/500. so let's go with that. I don't own an ak. what difference does it make? You could have had them all day back then for 199 apiece. I could have had a rifle and a couple thousand rounds for around 500 bucks. What would someone pay for that right now? Twice that? more? What's 7.62 going for right now? how much are people willing to pay? north of 40 cents a round, it looks like judging by gunbroker.com. would you rather someone had the foresight to have been opportunistic, stocked up then and now had it to sell or not?

so what's a fella to do?

I ask you.

 

[PT1911]

The difference would be that gas is a necessary item to nearly everyone, while ammunition is a luxury item. People aren't going to be stranded at home because they don't have enough 9mm to get them to work.

so now the one who is accusing me of communism is splitting hairs on what people should and should not be able to hoard? choose your arguments, all you have done is contradict yourself... you can buy this up, but not that because it can cause people to be stuck at home, how bout a new shooter who cannot find the ammo to defend himself/herself, or the prospective gun owners that are put off of guns they want because the shop(s) cannot provide them with the ammunition...I have seen several prospective first time gun buyers put off of .380's, 9X18's, .38's, and several other guns they want simply because the ammunition is lacking, they are already stressed about feeling they need to acquire a gun anyway, add to that they cannot find the ammunition to feed it, seems by supporting hoarding, one is supporting discouraging those new into ownership...

to me, and others I am sure, ammunition is on par with gas any day.

 

[waterhouse]

I'd say sell it or trade it for something you will shoot. I sold my 30-30 a few months ago, and now I'm sitting on a couple hundred rounds. My brother has a 30-30, so I'll probably end up trading him for some .22 ammo or a few beers or something I'll actually use.

I did miss that post (apologies to the op), but I still addressed that circumstance by saying: If you have extra ammo left over from a gun that you had/have and want to sell it for whatever the market will allow, then all the power to you.

You quoted that exact post in your post #20, bolded the "not that it matters" part, and replied that it didn't matter.

 

[PT1911]

I'll probably end up trading him for some .22 ammo or a few beers or something I'll actually use.

ha.. take the beers.. need some reprieve from all the current BS...

 

[GrendelPrime]

Were I in your position (OP), I think I would be most inclined to trade for a caliber I own.

 

[SCBradley]

so now the one who is accusing me of communism is splitting hairs on what people should and should not be able to hoard?

First of all, I didn't call you a communist. I was merely illustrating that whoever has the money and the desire to find it gets the ammo, not whoever you think deserves it more.

Secondly, I never said people shouldn't be able to hoard gasoline. I said that gas and ammo are on different tiers of "need" for the vast majority of Americans.

Anybody who says that gas is just as necessary as ammo in their day to day affairs either lives in a war zone, or is dabbling in hyperbole.

If it was that necessary, you should have bought it in quantity when it was plentiful.

And if you are a new shooter, I think that's great, but I'm not going to buy less ammo so you can buy more. Sorry.

 

[Eightball]

If you can't use it (nothing to shoot it out of), and don't plan on buying anything in that caliber, why do you have it? Sell it, trade it, do something to where you can at least use what you have.

 

[DAdams]

Enough to Last a Lifetime

I started purchasing additional guns and ammunition 3 years ago. Glenn Beck and I saw the handwriting on the wall.

I have purchased enough ammunition to:
Save myself, my family and worthy neighbors from the attack of zombie hordes.

Save myself, my family and those who have something to barter or skill to trade for protection and or barter for guns and ammunition. Assumes somthing akin to EOTFWS etc.

If none of the above occurs I have thousands of dollars invested in said items that which value is what the market will bear upon my decision to negotiate a sale.

In the meanwhile if I want to "horde" more of any said items including cans of soup, bottled water, generators, gasoline, cigars, or 16 year old scotch it is my money and only my freaking business!!

Until the Collective decides otherwise, then resistance will not be futile because I will deplete said supply as anticipated.

 

[TRGRHPY]

I meant that I missed the point...I was in a hurry to get kids ready and was only looking at the first part, and obviously missed the latter. So, for clarification:

I apologize to the op. I missed a vital part of a post.

Anybody who says that gas is just as necessary as ammo in their day to day affairs either lives in a war zone, or is dabbling in hyperbole.

I have a need for ammo all the time. I still need it when I have dismounted my vehicle and in the home or destination. Both are consumables, both are needs. Not having one means not getting to a destination, and not having the other may mean not having a way to defend yourself. The people in the civic center this morning don't live in a known war zone, but they sure needed that ammo (and a gun) a helluva lot more than gasoline.




These people who are buying ammo in bulk off the shelves for the sole purpose of reselling it at gun shows and ranges are doing two things:

Creating a false sense of ammo shortage.

Artificially inflating the price of ammo.

This isn't what the spirit or intent of capitalism stands for.

 

[DAdams]

Oh and by the way

I forgot to mention I am purchasing all sorts of loading/reloading supplies I may or may not ever use. Investement in the future. Just because I can. For the time being. If I were a surgeon I would be laying up hundreds of dollars in medical supplies. Actually I am doing that too.
Won't be long and the shelves at CVS and Walgreens will be devoid of first aid kits and other items that will be required.

Don't forget the Faraday Cage to preserve the crank style short wave radio and walkies.

 

[TAB]

i'd sell it or trade it. Its a paper wieght right now.

 

[geophysicishooter]

no appology needed. it's cool. I'm sorry I called you a Democrat. That was nasty of me.

but I beg to differ with your last assertion. It precisely IS what capitalism is about. If people are out there buying up and hording on the prospect that they'll be able to sell it at a profit are very much at risk of loosing their investment if the value tanks. It's really no different than pork bellies or FCOJ. You buy in at one price or you've got on hand so many at such and such an average price. You risk substantial loss in dollars depending on what the market's doing. .

As long as you don't get trigger happy at the range (and I usually don't) I look at ammo purchase as investment, pure and simple. I'm out of the .40 cal business and I'm liquidating my stock. Someone will be glad to have it as I will be to be rid of it and have what replaces it's value in my stock pile..

and yes, I keep the ammo in the safe. all except for the bird shot.. when that stuff becomes hard to get, then we're in real trouble.

 

[ThrottleJockey]

Very wise, as ammo and guns will be worth more than all the money, gold and silver combined when the SHTF if it does. The ammo we have will be bartered for the things we don't have, and the calibers we don't need, but have, will yield the best return, as we won't really be giving up anything useful to us.

 

[SCBradley]

geophysicishooter said:
It precisely IS what capitalism is about.

+1

TRGRHPY said:
Artificially inflating the price of ammo.

There's nothing artificial about it. I can charge whatever I want for a product. If you don't like it, shop somewhere else.

If nobody's buying it, I'll lower the price or risk going under.

People are paying, in droves.

Maybe some of you guys should get together and start an ammo charity. I'm sure Sally Struthers is available for the commercials.

 

[TRGRHPY]

When someone inserts themselves into an already bad situation, and they do this for personal gain, I don't see that as being in the spirit of capitalism. I find this practice ethically wrong. Also keep in mind that I'm specifically speaking about gun enthusiasts who are taking advantage of a situation to screw over other gun enthusiasts. Is it legal? Of course. Is it right? I don't think so. Just because something is legal, doesn't mean that it is moral/ethical.

 

[SCBradley]

Personal gain is what capitalism is about.

Nobody is screwing anybody else over. No one is forcing you to hand your money over.

If a stamp collector is charging what the market will bear for his property, is he screwing over other stamp enthusiasts?

Just because we share a hobby doesn't make it immoral for me or anyone else to turn as much profit as possible.

 

[pith43]

Wow... only about the 200th thread on ammo prices.

This isn't what the spirit or intent of capitalism stands for

Capitolism has no spirit or intent or emotions. If you WANT to buy at a specific price, then buy. If you don't, then don't. It will either come down, or you will pay the aking price, or you won't get any. Capitolism is totally non emotional. People on the other hand.....

Got a better idea? We'd like to hear it.

Bingo. All I hear is moaning and complaining. What is your solution?

1) Ammo redistribution? Take ammo from the guys who have way to much, or God forbid, have ammo in a caliber they don't have a gun for, and give it to the ammo needy?

2) Ammo rationing? Pass out rationing cards to people and they can only buy so much per week?

3) Price control? Make sure the ammo makers and distributers can only sell at a certain price?

Now the big question, who gets to decide how much is enough, and at what price?

Not a road I want to travel down.