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 ...
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?
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