Skip to comments.Forget Gold, .22 Ammo up More than 400% Include in IRA?
Posted on 06/11/2013 9:37:26 AM PDT by bestintxas
While many individuals have looked at precious metals for moderate gains and even some losses over the last year, the combination of base metals like lead and brass have seen an incredible return--particularly when those base metals are combined to form .22 ammunition. Think about it--from one year ago until now, .22 ammunition is up over 400%. It was approximately $21 to $23 per 500 rounds in May 2012, and it's now $100 to $135 for 500 rounds.
.22 ammunition has been easy to find and cheap to buy for decades. For this reason, .22 rifles and pistols have long been among some of most popular firearms in America. In fact, the first gun I ever shot was my dad's High Standard Double Nine .22 revolver and the first firearm I owned was a Marlin model 60 .22 rifle.
But following Obama's re-election,there arose a sense of uncertainty among gun owners. And this lead to moderate runs on ammo. Then President Obama and other gun control advocates came out in force following the heinous crime at Sandy Hook Elementary, and .22 ammunition was literally sucked off the shelves.
Not only is it now 400% higher than it was a year ago, but it's so scarce that when stores get a shipment of it they typically limit sales to one or two 50 round boxes per customer. And buying a full brick of 500 rounds anywhere but online is almost unheard of.
Historically precious metals have been a great hedge in uncertain economic times. But lead and brass may be making a comeback.
(Excerpt) Read more at breitbart.com ...
Sounds like some gullible people willing to blow a lot of dough on ammo. A week ago I bought a brick of CCI standard velocity .22 LR for $29 and change. That didn’t stop me complaining about the price.
When this shortage began I had 6-8, 500 round bricks on hand. I thought of that as simply a reasonable, on-hand supply. Little did I realize that I was making a shrewd investment. On the other hand, there’s no way I would sell it for any reasonable price. $100 a brick seems outrageous but I think I’d still want to hold on to what I’ve got.
Investing in gold or silver at this point in the life of our dying republic is redundancy in it’s purest form.
Bullets. That’s the vehicle of our freedom.
What is .22 ammo? Oh, yeah, I think I remember what that looked like.
What part of the country...Cannot find any on the West Coast
If you don’t have at least 10 bricks of .22 ammo, you’ve got none to sell, even at a profit.
After that boating accident, I can’t imagine what I would do with .22 ammo.
Still, I watch prices. It’s dropping fairly rapidly, and it’s now possible to get at 0.08 per shot for a brick or more every few days. I would not buy now. By the end of the summer, those low swings will be down to $0.06 or lower. Ammo still belongs in our retirement plans, but not for resale.
IRA = In Ready Access?
Yes, I am fully invested.
When the SHTF I plan on the following...
I have an air rifle I will use for the small game (cheap bullets) no wasting gunpowder.
I will use the one that uses gunpowder for self defense and to take down large game.
After that boating accident, I cant imagine what I would do with .22 ammo.
Barter Item ;)
What Ammo companies would you buy stock in?
a .22 round from a rifle will go through most folks wooden front doors.
At the time it was a good buy.
Now it would be one of the best investments in the country.
Too bad it's all gone.
What Ammo companies would you buy stock in?
Exactly. If the people will just refuse to buy it at the hyper inflated prices, it WILL go down.
When “Bubba” was elected in’92, I started picking up a value pack of .22’s EVERYTIME I walked into a Wal-Mart for anything. Last June I had to end the practice as I had no more storage space. Needless to say, those 550 round packs for $8.88 have made me quite the “hero” with my love to plink family ! Word got out though and -NOW- I’m having to tell little white lies to get rid of “friends” that now find themselves in need. In an actual emergency, of course I’ll share-sell-barter, etc., but for now ..... what .22 ammo ? ? ? Not to boast, but I did almost the same with EVERY caliber ammo that I may need in addition to “ Santa “ bringing me a Dillon 550 reloader around 1999.
I trust this post gives all that read it a very valuable moment of reflection ...... followed by equally valuable actions concerning the most important priorities in your lives.
God Bless !
South Central, PA. Store stocks are unpredictable, but when ammo is in stock, the price is not terrible, at least at one of my favorite gun shops. (Make one exception to that .223/5.56 and .308/7.62 are way over priced). This past weekend they had bricks of small pistol and rifle primers in stock, and plenty of them, but they are limiting customers to one brick of each. They do the same for bricks of .22
I have also been seeing an increase in the variety and availability of power. I get the feeling the market is starting to loosen up a bit. Now if I could just get my hands on some bullets.
The Phoenix Arms is a better choice ... the barrel arrangement is such that it can be swapped for a five inch barrel threaded to take a suppressor easily, and the pistol is very reliable when clean and oiled properly. Ten round mags are also plentiful and in expensive.
Remington is not a public company?
“What part of the country...Cannot find any on the West Coast”
Well, I live in the Bay Area, and I am able to buy sufficient quantities of all calibers. Bought 100 rds. of 5.56mm just yesterday. Yeah, it costs more than it did a year ago, but it is available.
Hubby received a backorder from 6 mnths ago the other day. Someone immediately offered him $100 a box.
>> Ammo still belongs in our retirement plans, but not for resale.
we will need bic lighters, barbed wire and a few old tires to win the next revolution.
With properly placed shots .22 rounds are very deadly at best, at worst they can be extremely annoying to a living target.
Tell me about it. I just went out to the local gun shop at lunchtime. No.22LR to be had. On the other hand, they did have a nice new supply of AR-15 P-MAG 30's at $24 each, which is way down from the "panic" days a few months back, so I picked up a couple to add to the SHTF box. They also had a good supply of extended mags for .22... just no ammo to full them with.
those prices are crazy!! I just bought a couple box of WWB .45s for 48/100 rds...
.22lr Brick was $40/500
Forget AMMO! The time to buy that was 10 years ago when you could walk into a gun show and buy a case of milsurp .308 (1440 rounds) for $125.
I mean if you don’t have all you need go buy some sure. But the oldest rule of investing is “Buy Low, Sell High” and you’ve missed the “buy low” part of both the gold and ammo markets.
Good news though. We’re still in the buy low market for food. (Though it’s going up. When was the last time you saw 5 for a dollar Kraft Macaroni and Cheese dinners?)
You can buy all the rice and beans you like at the local supermarket for a nominal price. Ditto for most other food stuffs from canned coffee and tuna to bulk olive oil.
But you know that already, didn’t you?
Well, if you want to make a profit, sell soon, because the shortage won’t last forever.
No, they are not. I found this at Google Finance:
They aim to arm at Remington Arms. The company makes shotguns and rifles, ammunition, and gear under the Remington brand. As the only US company to produce both guns and ammo, Remington is a top seller of rifles and ammo in the US and a top seller of shotguns. Über retailer Wal-Mart generates double-digit sales for the gun maker. Other mass merchandisers, as well as sporting goods shops, sell Remington-brand products. The company was founded in 1816 by Eliphalet Remington II, who took his first orders upon winning second place in a shooting contest with a gun he built. Remington is a subsidiary of Freedom Group, one of the largest makers of firearms in the world.
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PMAGs and windowed PMAGS were plentiful at the Dulles Gun Show this weekend.
I bought 3 windowed for $42 total.
“What is .22 ammo”
It’s that little quiet one you use the fill the stew pot.
If they’re still alive after the shot, they won’t have a functioning brain to work with.
Or to take care of that neighbor’s “pet” that you’ve warned about staying away from your livestock...
Nope. Just leave the bodies where they fall.
It’s more important to be easily concealable in your pocket, yet still controllable with the heavier recoil of a light weight .22LR pocket pistol.
Over the weekend, my local Walmart had .22lr 325 round boxes of Federal Target for $14 and change. They had a case of it. It went quick, but everyone was being nice, no more than 1 or 2 boxes purchased - that Walmart doesn’t restrict sales.
Yes at least for the next 3.5 years. :-)
Remington is not a public company?
Olin (Winchester) however, is publicly traded, as I just learned.
One nice thing about the HP22 (Phoenix Arms .22lr) is that it has barrel interchangeability and it is easy to do. The little pistols usually come with the 3 inch barrel, in stainless or black look. You can order a kit for around $40 that has an extra ten round mag and a five inch barrel. Thread the five inch barrel for more quiet shooting, carry the three inch barrel configuration for pocket wear. I threaded my five inch barrel for 1/2 x 28, which is the most common thread pattern for pistol calibers in the US. When I get several weapons threaded up and ready, I’ll order a suppressor to use on them all.
Sure would be an interesting research project to discover the little lefty bastards scamming the stock market on the side....
Hmm, got oil filters?