Nation running out of ammo

Posted by William A. Jacobson Friday, December 28, 2012 at 7:35pm

Reaction to threats by Senator Dianne Feinstein and others to ban certain weapons and serverely restrict ownership of guns generally has caused a run on gun stores, as is widely reported.

Less reported is the run on ammunition, leaving ammunition inventories down 93% since election day.

So reports Traction Control blog, Plunge! Ammunition Levels Less Than 10% of Pre-Election Levels:

Ammunition Stock levels have fallen by more than 90% from the pre-Election Day levels. Less than 10% remains available. Available Ammunition links will be updated throughout the day.

Handguns are down by 80%, Long Guns by 63% for an overall 72.2% reduction in firearms inventories.

AR pattern rifles are becoming particularly difficult to source

Read more.

Here is my observations:

Gun show last week:

500 people in line for ammo when the show opened. 223 going out in 1,000 round buys. Saw one buy of 10,000 rounds. Same 9mm.
Only quality mags were moving. Prices were crazy. Mag pul $30-50 EACH.
One guy bought 30 AR lowers. Cleaned the dealer out. $250 EACH stripped.
AR parts were not moving like I expected(not sure what that means).

Survival stuff and the like. NO big sales or activity.

Show was busy but focused on ammo and lowers only.