What's UP with ammo prices?
#11
RE: What's UP with ammo prices?
ORIGINAL: RiverRaider
well guys sorry to tell you this but its supply and demand. I work for Federal ammo and we are working 6 days a week and are back ordered 4-6 months behind. We cant even get certain ammo
well guys sorry to tell you this but its supply and demand. I work for Federal ammo and we are working 6 days a week and are back ordered 4-6 months behind. We cant even get certain ammo
#13
RE: What's UP with ammo prices?
The metal price increase is due to China buying up huge amounts of metals for their enormous economic boom. Their economy is increasing about 10% a quarter, an astronomical amount. And they're buying up all the metals and other resources they can from around the world to supply it. This has caused prices to rise since mining companies can't keep up with the demand. If you don't believe me, compare the price of copper wiring today with a few years ago, it's gone up several hundred percent. I actually work in the mining industry, and have seen the mining boom first hand.
#14
Typical Buck
Join Date: Dec 2003
Location: Greenfield, IN
Posts: 953
RE: What's UP with ammo prices?
The metal price increase is due to China buying up huge amounts of metals for their enormous economic boom. Their economy is increasing about 10% a quarter, an astronomical amount. And they're buying up all the metals and other resources they can from around the world to supply it. This has caused prices to rise since mining companies can't keep up with the demand. If you don't believe me, compare the price of copper wiring today with a few years ago, it's gone up several hundred percent. I actually work in the mining industry, and have seen the mining boom first hand.
Also alot of the Nato rounds are going over seas to our troops.. that's why you can't find Wolf .223 and other cheap ammo as easily as you could before.