Ammunition sells out

Retailers across the country have seen their shelves stripped bare of ammunition. When I first noticed the shortage this fall I attributed the phenomenon to hunting season and an inexplicable failure by manufacturers to adjust for seasonal demand, but everything is gone now (inventory down 93% since the election), from little tiny 22LR cartridges used for shooting targets and squirrel heads to cheap NATO 7.62 (.308 cal.) ammo, sold in quantities of 500-1,000 for a full day at the range, to premium hunting loads costing $1.50 apiece.

I buy .22 ammo in bulk because it’s a cheap way to practice (4.5¢ -7¢ per), but as noted, it’s been sold out across the nation. I can’t quite figure out why there’d be such a huge demand for such a small caliber but the larger stuff is going, I assume, from a fear that ammunition will be the next battleground in the effort to confiscate all private weapons. Note that this buying surge occurred when Obama was reelected, weeks before Newtown. Now that Feinstein and her president are being more open about their plans (although Feinstein spoke of confiscation as long ago as 1990), the “paranoia” of certain gun owners looks more and more justified.

My tip to you Wall Street traders is to buy gun and ammunition manufacturers, at least short term. This thing is just beginning to heat up and as the volume increases so too will sales. Hell, I almost ordered 1,000 rounds of .308 ammunition (just a tad smaller than the 30-06 shown below) that I found still available on the Internet yesterday, even though I shoot the stuff through a single-shot Ruger No.1. That would be just about  five lifetimes of supply, so I resisted the urge, but the thought was there: buy while I still can.

Multiply me by a couple of million other gun owners, and Remington starts looking like an attractive buy – too bad they make such crappy ammo. (UPDATE: You M&A guys might want to consider privately owned Hornady Manufacturing – great product, innovative management and located in Buffet’s back yard, Nebraska, Surprised he hasn’t snapped these guys up. And ignore the link’s reference to Hornady manufacturing rifles and pistols – they don’t; this is a pure ammunition play and as usual, Bloomberg Business knows as much about what it’s reporting on as its owner knows about Big Gulps.)

Here’s a snap shot of various cartridges for those readers unfamiliar with the relative sizes of ammunition.

Comparison of different common ammunition sizes. Left to right: .22 LR hollow point, 9mm Parabellum hollow point, .45, .223 PMC bronze 55 grain FMG Boat Tail, 30-06 American Eagle Federal 150 g FMG Boat Tail, 12-gauge shotshell (00 Buckshot), and lip gloss for size comparison.

Comparison of different common ammunition sizes. Left to right: .22 LR hollow point, 9mm Parabellum hollow point (pistol), .45 (pistol), .223 (used in AR-15, M-16 rifles), 30-06 (rifle), 12-gauge shot shell, and lip gloss for size comparison.

jdf bullet


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10 responses to “Ammunition sells out

  1. Walt

    Balloon Head –
    Let’s get 2013 off to a good start, shall we?

    Thirdly, I think the female reader needs to post pictures of her breasts. What are they, treasures? Show them to us, and let us be the judge. I am a can expert. How about you, Titty Man?

    And firstly, I think we need to make nice with the GAR Evil Princess. She knows magic, and can shrink our heads to the size of a pea. So do we really want to mess with her? Even though you would probably look good as a pin head. You pin head.

    And first and foremost, and secondly, enough of this dirt crap. What is your fascination it with it? It’s DIRT. It looks like dirt, tastes like dirt, and walks like dirt.

    GET OVER IT!! Let’s make 2013 the year of ass. OK? Can we agree on that?

    You heine.

    Your Pal,

  2. AJ

    ‘Georgetown Law professor: Scrap ‘archaic, idiosyncratic and downright evil’ Constitution’

    “…In an op-ed published in the New York Times Monday, Seidman, a constitutional law professor, claimed that the nation’s foundational document is the real impediment to progress and solutions to America’s troubles.

    “As the nation teeters at the edge of fiscal chaos, observers are reaching the conclusion that the American system of government is broken,” Seidman wrote. “But almost no one blames the culprit: our insistence on obedience to the Constitution, with all its archaic, idiosyncratic and downright evil provisions.”

    According to Seidman, the country’s insistence that it maintain the will of a centuries-old document “has saddled us with a dysfunctional political system, kept us from debating the merits of divisive issues and inflamed our public.” …”

  3. Balzac

    It’s worth reading all of Robert Samuelson ‘s editorial in the WashPost:
    “Obama …cannot be said to be dealing honestly with the budget or with the American people.”

  4. Re the ammo pic…. brings back good memories. Was drafted out of dental school in 1966 (viet nam) and served in the US third army for two years. Took basics at Fort Sam Houston with the other doctors, during which time we trained with the M-1
    Fine weapon that uses the then nato 30-06 round. Shoulder was sore after that days training but for a city boy I received praise my the target/rifle hits. Thanks

  5. Anon21

    Had no problem getting 12 gauge online. 00 Buck Power Buckshot Wolf Performance. Sure to keep the PE/HF A-holes in line that are now paying 1/3rd of what I am in taxes.

  6. Anonymous

    The rifles are mostly sold out.

    The magazines are sold out. One dealer had this to say:

  7. Anonymous

    Here is the product description of the sold-out regular sheet metal standard capacity mags: