Skip to comments.Price Gouging on Firearms and Ammunition During a Constitutional Crisis
Posted on 04/18/2013 6:35:16 PM PDT by servo1969
Jeff Quinn ( http://www.gunblast.com ) discusses widespread price-gouging of guns and ammunition by unscrupulous dealers.
-I've heard of people charging $70 for brick of .22lr and actin' like they were doing someone a favor.-
-I've heard of 15 guys standing in line at 7:00am in Wal-Mart and buyin' 3 boxes of ammo apiece. Then they all go outside and put the ammo in the same vehicle. They're buyin' for some dealer who's gonna jack it up for 4 times what they paid.-
-You walk into some place and some guy wants to charge you $2000 for a $800 AR, well, what you say to him is your business but I can guarantee you I will never spend a single cent in that place.-
-Gun and ammo manufacturers have not raised their prices 400%. It's the dealers who have been taking advantage of their customers during this Constitutional Crisis. There are some dealers who have not raised their prices this whole time. It's a free market, sure. But the market will return to normal and, when it does, remember the folks who did you right and the folks who tried to stick it to you. Those places that did good by their customers are where you need to be spending your money in the future.-
What really grinds my gears is the US ammo manufacturers selling to the DHS at the levels they are.
They are not patriots.
There is no such thing as price gouging.
I read where a lot of the elderly and po folks are having to decide between their “medicine” or ammunition.
I disagree.The night after 9/11,local gas stations jacked their prices up to 6 to 8 dollars a gallon.If that’s not gouging the public,you tell me.
Any elderly freepers in the so cal area needed ammo freep mail me i will help
Obama has been president for 4 years. Anyone who didn’t stock up by 2010 is a damn fool who deserves to get fleeced. We knew where he would go in his second term and we knew that he would lie, cheat, and steal (and that the GOP would nominate a “nice guy” who would lose very gracefully) to win that term!
On the other hand, I hope that prices come back down and these “investment buyers” lose their shirts.
How do you decide who gets what when there is a limited supply? I’m sure one would decide to give it to the fellow who would pay the most not by the cut off his jib alone.
What ticks me off are the morons who PAY these prices and encourage others to run up their prices.
As usual, Jeff is right. But anyone who buys ammo on Gunbroker or such places is contributing to this problem! Just stop.
Walter Williams explains “price gouging”—must read for any conservative: http://econfaculty.gmu.edu/wew/articles/04/gouging.html
I have a long memory. To this day, I don’t frequent several gun shops because of their dealings during the ammo shortage a couple of years ago. I’m not buying now because I stocked up last year when the price was right and it was readily available. Not using too much for practice and will add to the stock when the shortage eventually ends. Standardizing you weapons helps as I only have 4 types of ammo to stockpile.
Wait until the ammo is made illegal and has to be purchased on the black market. You haven’t seen anything yet.
“I disagree.The night after 9/11,local gas stations jacked their prices up to 6 to 8 dollars a gallon.If thats not gouging the public,you tell me.”
what if you really needed gas and all the stations had no fuel because of a run on gas, except for the one station charging $8 a gallon.
if you needed it, you would buy it, and be grateful you could get it at any price.
The fact is though, we bought all the fence sitters time. Prices are coming down and availability is going up. Don't miss your opportunity again because the only thing we know for sure is that they will try again.
I stocked up on .22LR around 30 years ago. I think it is still good but I probably should take some of it out and make sure.
I can shoot all I want in my back yard.
What is the difference price gouging and hoarding?
One is as bad as the other, and both drive the price up.
The local stations had plenty of gas,they just chose to take advantage of a bad situation.You and I may disagree,but I feel that what they did was little more than robbing their customers.
It’s the nature of the beast at this point in time. There is this time in the future where guns and ammo may not be available. That’s what is driving the frenzy. Who can blame anyone at this time. I sure don’t. If people are desparate enough to spend 2-3x the old price, what are ya gonna do. It’s the system, and it’s fine by me.
I am thinking about having a yard sale including ammo.
What do people think would be a fair price for .22LR and .22 Mag?
You have the gougers, then you have the good guys like Shooters Pro; check them out.
I see your point, but keeping prices low is equally bad - because folks will buy extra “just because” and it will run out for everyone.
The reflex to raise prices is not out of goodness of their hearts, you are correct there, but retailers will adjust prices to demand (and replacement cost for themselves) as the driving factor.
If I really wanted to buy an AR15, I’d pay the money to get it. I have a feeling they will return to sane prices quickly as folks who bought and stockpiled them will decide to unload their stock.
Yep. I sold some guns I really didn't want to for this reason. I'm using the money to buy ammo if it ever becomes available again.
hahaha, now here ya go! You make it high enough to take out some of the online auction dudes, yet not scalp. You will lose either way. If too high, people will hate ya. If too low, the auction boys scoop it up, and people will hate ya.
When GA froze gas prices during a shortage, I couldn’t get any gas - because the prices were still low enough people could buy it up. I’d rather prices be high (in accordance with supply-and-demand) so only those truly willing to pay what it was worth could get it. Yes, under some conditions I’m willing to pay $20/gal...and letting it go for that price assures there is some available.
There is no such thing as price gouging. There is, however, covetous greed.
"During a Constitutional crisis."
I bought 50 AR-10 Magpuls for a high price, but not parting with any. I’m happy.
Quit whining. We are still in the good times. Can’t get as much as you like, so what. Do what you need to do, now. Right now.
I am thinking of asking $3.50 per box of 50, all brands the same and maybe $15 for .22 mag. same thing.
That is more than I paid but probably less than a lot of people are charging. Also I don’t want to sell all I have.
And who gets to define hoarding? You? Obama? Coumo?
DHS says that over a week's worth of food and essentials is "hoarding".
Do you define hoarding by having more than one needs? How much is that? If a reasonable thinking person sees the potential for SHTF, is it good thinking or hoarding?
Well, I woke up this morning, I got myself a beer
Well, I woke up this morning, and I got myself a beer
The future's uncertain, and the end is always near
I think it goes back to basic human nature,get the most that you can for yourself-with the least amount of effort.There are some local merchants that I haven’t bought from and will never buy from in the future,based on they behaved back then.
A thing is worth exactly what another is willing to give for it.
If someone is willing to pay $2000 for an AR15, it must be worth a lot for them to not wait for prices to come back down. Ditto $70 for a brick of .22.
If someone is breaking in my door at oh-dark-thirty, I’d gladly pay $1000 for one round of .308 if I’m out of ammo!
350$ for 5,000 rds is a steal. You need to jack up the price.
“It’s just savvy Capitalism.”
Well you see what a hinky keyboard and moving to fast will get you? In trouble that’s what!
It should have read: It’s savvy Capitalism. “sarc”
What about in Ohio with a Golden Buckeye card? (I'm pretty sure I can get one.)
And there is no such thing as me walking out of your store and never returning, ever.
I’ll bite. What’s the Constitutional Crisis?
If arms are selling out constantly for months on end at crazy high prices, people sure think there is one.
The same gun was on Gun Broker with a buy now price of $2,300 the day I picked mine up. That's the price you pay to not have to wait 3-12 months for your rifle I guess.
If you wish to distribute ammunition you own based on “the cut of someone’s jib,” rather than price, then you should be free to do so.
Or free to not do so.
I’m just glad I have a few thousand rounds for each caliber.
right on Farmer!....Send me everything you grow minus your cost of crop insurance and any other unrelated costs to you..U need my address??...Didnt think so...*S*
But if you disagreed with it, you were free to drive by and not buy, or to drive by, fill gas cans, and return to compete.
Higher prices are the surest way of creating greater supply. Greater supply is the surest way of lowering prices.
Raising the price only decides WHO can buy it, limiting amounts doesn’t do that.
When amounts are limited, then I can purchase some rather than Jane Fonda or George Soros, or Barbara Streisand getting it all.
You described your feelings on hoarding, Now describe your feelings on price gouging.
If you have a product people want bad enough is it wrong to raise the price.
How much can you raise it without it being called gouging?
Who gets to define price gouging?
Demand sets the price.