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9mm ammo was nearly cleared-out by afternoon Friday, except Wolf. The big ammo sellers had mostly empty pallets by Three PM. A couple of smaller sellers had small stacks of various premium 9mm for way more than two dollars per round! The only "reasonable" price I saw was a gun table selling off four boxes of non +P 9mm Magtech hardball for $23.00 each for fifty rounds. In the ENTIRE show there were only ten or so boxes of .380 ammo left---at FORTY DOLLARS per twenty-round box!
I spoke to one reputable dealer who told me of spending TWENTY HOURS of internet searching of wholesale dealers for .380 ammo to buy. There is NONE. He had to jack up his prices on what little he has left to a ridiculous level.
For those who cry foul over "price-gouging" please remember that vendors have to survive somehow. If they cannot get product to sell today, they have to price what they have much higher just to keep going, not to mention needing to buy more at an even higher price tomorrow. Today's retail profits have to cover tomorrow's wholesale price increases.
The economy's Bad folks, it's Bad I tell you!...............elsullo
Is it because people are buying it faster than it can be made? Certainly not what you'd expect in a 'Bad' Economy.
OR
Are the Ammo manufacture's cutting back on their production? Certainly not what one would expect in a 'Bad' Economy. And one would increase production, in time of high demand.
It's very strange. Wish I had an answer for what's going on.
Frog.
Went to the gunshow myself today around 2:30. The big ammo sellers were out of .223 and I also didn't see any 9mm. I was bummed. Hope to find another 1000 rounds of decent quality soon before prices get to outrageous.
The military orders may be part of the problem, PhysicsGuy, but they are still part of the 'Consumer Chain'.
Correct me if I'm wrong. I always thought that each ammo manufacture had basicly two manufacturing plants. One plant makes military ammo to government spec., and the other that makes 'citizen ammo' to the company's default formula.
I'll tell you one thing. If they moved the one set of employees over to the military side, to fill those spec. orders, it time we get the woman back out there working in the ammo plants again!! This is war!!
Frog.
i know some homo who got a m-14 for $450