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I saw PMC Bronze 55gr .223 going for $950/1000 at a gun show weekend before last. Saw someplace online a few days ago asking $1000 for the same amount of the same ammo.I think the worst I saw was someplace asking $350 for 250 rounds of Federal 55 gr .223...
What I find most amazing is the disappearance of .22LR ammo.
This too will pass....The Golden Rule: Buy low, sell high.Stand aside and let the stampeding sheep run by. Patience is almost always rewarded.
I suppose the Silver Rule would read: Dollar cost average, if you can't buy in bulk and/or time the market.Suppose someone had 1,000 rounds in stock at .25ea. Then buys another 100 rounds at $1.00ea. Average cost? .32ea. Not awful.Dollar cost averaging is simpler to implement.
I suppose one could do that.On the other hand, if he had 1000 rounds in stock already, why would he want to.
The small gain doesn't justify the large price.One would be better off to invest that money in some other prep for now.
Grandson wants me to take him to the range so tonight I decided to visit the SuperWalmart and see what they had in ammo. Almost totally sold out. The clerk told me they have not gotten any .22 in the last 6 weeks.