Then why the hell aren't we hearing about new ammo plants being built?? The market has grown way past what it was. They should be springing up all around like rose buds this time of year.
Sure I know there are permitting and environmental issues, but my state is building not one but 2 new refineries - it can be done.
Are the execs who manage these companies really that risk adverse?
Probably because most successful investors see this as a bubble, as I do.
Where I used to keep a few months of ammo on hand, I've bumped up my purchases to keep a few years on hand. I'm not shooting more. I've bought more in the last few months than the couple years before. But I don't plan to keep buying at this rate, and if prices stay this high, I will probable shoot less and buy less ammo in the future.