Hello everyone, economics major here who ended up as an advisor in the manufacturer/production sector helping companies fine tune their BS. I've been putting some thought into this ammo dilemma and have boiled it down pretty well IMO. Essentially there's a combination of causes to all this, first one being that there's a literal crap ton of new gun owners who suddenly need ammo, second compounding issue is the impulse buying from existing gun owners. The aforementioned cause will sort itself out by the production sector growing to meet demand. However that second cause, the panic buying, is basically a wildcard that makes predicting the future market direct very difficult. This isn't like the housing market where if the demand falls suddenly there's so many houses on the market that you can buy them dirt cheap. Ammo and houses are different in that each of us consumers has a continuous need for more ammo, so even if the folks who have a lot of ammo end up selling it back on the market it still won't reach dirt cheap levels, it will just be on the market. Realistically for prices to come down in a meaningful way there would have to be so much on the market for long enough to make manufacturers and retailers reconsider price levels. Sadly, this doesn't seem likely, and I think the days of paying sub .50cpr for most calibers may be over. Reloading is apparently the future. Primer makers will increase production capabilities to cover the needs of the reloaders again eventually, they won't just let an area of business die.