In the run up to the 2016 election, the price of .22 ammunition has been fluctuating up and down around 6 cents a cartridge for baseline bulk ammunition. The reasons are clear. Production of .22 ammunition is up by about two billion rounds a year, responding to over the top demand for the last four years. Part of the demand is structural. Many new gun owners and shooters have been created. Many of the younger members were raised on first person shooter games like Doom, Golden Eye, Battlefield, and Call of Duty. People in the industry have reported that...