lobo9er
You conveniently left out the rest of my statement:
By definition it cannot be gouging if people are buying it and there are other alternatives.
If the guy at Woodstock was selling water for $15/a bottle and there were three other vendors around him selling for $5, then he's not gouging, he's just optimistic.
People are going to shoot and buy ammo even if its over priced.
The very definition (from an economics perspective) is that it is priced too high to sell. That it is being sold is ipso facto proof that it is NOT overpriced.
i saw a guy selling 1000 rounds of wolf 7.62x39 for 400 dollars that was gouging i think and people were buying
I'm sorry Lobo, but the term "gouging" has a specific meaning, and you are using it incorrectly. The price was obviously too high for you, but there were plenty of people who thought it was a good enough price (given how badly they wanted, the urgency they had and the means they have to purchase it).
Also some people are new to the shooting sports and dont know that that price is way high.
Ignorance is different than gouging.
Lets not pretend that gun and ammo manufactures are only looking out for us.
Hopefully they are not looking put for us at all. AS a corporation, their sole duty is to their shareholders/owners. It turns out they can best accoomplish that by providing goods and services at a price that maximizes their revenue. Setting prices "too high" is unlikely to do that. Instead, they set a price at a point where supply and demand are in equilibrium and they make lots of money. In turn, we get a decent product at a decent price (based on the current market, not on one user's - Lobo9er's - opinion of what a good price is).
they are trying to make a buck just like big oil and big auto companies and some dont mind ripping us off.
Good grief. You forgot Wal- Mart and Haliburton.
Not all but I would say some of the big gun companies loved that obama took office and couldn't wait to come up with a reason to raise prices.
I wish I read through tthe whole post before starting to comment. I feel like I just wasted 3 minutes.