9mm Ammunition is now selling for over $800 a case. The last 9mm buy I did was last February, and I got it for $180 a case. One of my usual suppliers is still selling it at $280 a case, but they have a 2-8 month back order.
.45 ACP Ball is selling at $600 a case, up from $250.
I am tempted to put in an order for a few cases of that 9mm, and when it is delivered in two months, sell it for $1,000 dollars a case.
I've thought about doing that but knowing my luck the bottom will fall out of the market and I wouldn't be able to sell it for 30% of what I paid.
ReplyDeleteI'm buying a box or two at a time when prices are reasonable.
Like all bubbles, this one will break. By the end of the summer supply will be up and prices will be down to whatever the new normal is.
ReplyDeleteIf not, put me down for one of those $1K cases of 9mm.