Diamond Lifetime
- Messages
- 6,124
- Reactions
- 13,918
Well Its been a while since I posted here, For the last few years I have had a lot on my plate. Finally able to think about playing with some toys, buying and selling a few things. I put up a good pile of .22 LR a good long time ago. I have not been buying any ammo for years so I really did not have a clue what it was really going for ( I have heard tails of it being hard to come by and pricy but that's it) I have more than I will probably ever shoot so I figured what the heck, Now is probably the time to cut loose with some. Most money I'll probably ever get for it and maybe help a few guys plink. So I started searching old threads regarding .22 LR and the shortage. Real fast it became apparent that the consensus is its the hoarders fault, That folks that are selling it for the going rate (about $.15-$.20/rd it seems online) are a bunch of evil price gouging bastards who all should be spit on if sighted. So why should I sell it at $.03/rd? I mean if the going price is $.15, I cant replace it for any less. The only motivation to sell any in the first place is the elevated price. The truth is that its the high price that will balance supply. When the price gets high enough people will sell/and or stop buying. That is the way supply and demand works. Lack of supply, price goes up till it meets demand. As soon as the the price is too high a glut of supply will develop and the price will crash. Anyone who doubts this only has to look at the AR market. You cant hardly give away a generic AR these days. I could have sold a few at $1750 that today wont bring $700. So am I a hero or an idiot because I didnt take the big money when it was being thrown around during the panic? Anyway I put the ammo back on the shelf. Back when I bought all the .22 the pile probably cost $900, At today's prices it could be worth as much as $8000 if sold by the box. I dont need the money, Maybe if it gets to $.25/rd I'll be the evil bastard will the .22 for sale.