Gold Supporter
- Messages
- 24,463
- Reactions
- 37,078
That is sort of what I thought I would do when I dumped more than half of my ammo back in the spring. Boy was my timing wrong on that decision. Now I wonder if ammo will ever be at or below what I sold it for ever again?I'm a student of history, and I decided to look at the current spike in both the quantity and price of firearms/ammunition sales. I found this chart:
View attachment 828486
I noticed two obvious facts:
1) The average price goes up over time.
2) The big peaks (outliers) from the trendline collapse and return to the trendline.
Since we are currently living through an obvious peak right now (looks identical to the Obama/Sandy Hook peak), it seems like a no brainer to sell my ammunition and buy back twice the quantity once the peak collapses. I'd keep a reasonable amount on hand, but I have more than I could shoot in two lifetimes if I went shooting every single day. Why not double it?
Thoughts?