You used the term "Assault Rifle". That's a description used by Liberals. I hate that term.I am going to call BS, feel free to correct me with some evidence to the contrary, Many people think there are over 8 billion rounds of ammo sold in the US each year, before the pandemic or election. ATF: 423M guns in America, 1.2 per person, 8.1B rounds of ammunition a year (washingtonexaminer.com)
I the "new demand" is 700 million rounds that is 700,000.000 divided by 8,000,000,000 if my math is correct or an increase of 8.75%. That is an increase, absolutely and people will hoard it under the 2 pending crises, the Covid and the Biden. That being said, why is the price now 3-4 times what it was when the factory can restrict the retain price and since they can sell all they can get, each retailer would be doing just as good or better than they ever have, because selling it is so easy.
Secondly, why is it so very scarce if production is up as he says? He says they are making more ammo than ever before, how much?
Walmart had 22% of the ammo market but now does not carry handgun and assault rifle ammo, so where is he shipping all that ammo now? Not sure I believe everything he said. Several financial reporters have said that the factories are simply not ramping up because of election fears, if Trump had won, ammo sales would fall flat. If Biden wins, then ammo may be taxed or restricted which will kill sales.
So, if anybody has anything to show the actual production numbers and where it is going I would be interested in seeing it.
Sorry to offend. On this site, every knows, if not, they will know very soon. Walmart calls them assault type or assault rifles. Walmart introduces new gun restrictions but will they help? (oklahoman.com)You used the term "Assault Rifle". That's a description used by Liberals. I hate that term.
I'm not putting the blame on new gun buyers. Way back when this first started, I was in Atwoods and the ones buying all the ammo was not first time buyers. It beat all I've ever seen. It was like a Black Friday sell. In just a short time all handgun ammo was sold out.Like he said it is not the manufacturers that are the problem it is the new gun owners that have never owned a gun before are hording ammo like they do with Toilet paper. I know of a few that do not even own any reloading equipment that bought up bricks of primers just because they were available now I can't get any from anywhere. the only ammo available is a small amount of .22lr.
I love S and B. The last bulk I bought a case of 380 months ago has now doubled in price. They can control the end price and the retailers sell it as fast as they can so there is no injury to the retailer. Even Walmart still has cheap prices on what they sell in hunting ammo. Walmart marks it up based on a some fair profit based on their marketing plan. And this guy walks around the factory whining about the bad emails while at the same time he lets the buyer get stuck with scalpers prices.I believe what he's saying, S&B claim to be cranking out 3,000,000 rounds of ammo a day and they can't keep up with the demands as well. It's not just the general population that they all have to provide for, there's also government and military.