ancona
Praying Mantis
So, I followed through and went to the gun show in Melbourne today.
It Was Nuts!
There was a huge line three wide snaking around the building, and everyone was quite well mannered and patient about the line. When we finally got in it was asshole to elbow all throughout the venue, and people were not just looking, they were buying up everything in sight.
The big AR guy was about half cleaned out, selling most of his basic AR-15's in the first two hours at double what he used to sell them. Uppers were going for between 800 and 1,700 dollars. A complete lower with a collapsible stock was 475 to 700 dollars. Ammo was just plain stupid.
5.56 was going for 700 dollars a thousand for plain old 55 gr. steel case and brass was a buck a round. 7.62 X 39 was nearly the same.
I did pick up a few hundred rounds of 9mm from my local guy who winked and said he would give me the "locals discount", which meant he wasn't going to step on my wallet and sold it for the usual price. He did telll me however, that supply lines are tight and he is out of a lot of stuff. He offerred to buy any and all brass I have at a premium or for trade credit. I have three five gallon buckets of brass so I may just do that.
People, it is worse than when O was first elected.
I suspect that prices will remain elevated for a while, perhaps all the way through spring and in to summer, but I believe that they will fall back when all of this demand [which is simply pulled forward] is sated. I would say that if no meaningful legislation or outright bans are passed, that we will see prices fall to below equilibrium as all of the shops burning overtime right now overproduce and create a glut in the market.
The people I saw today were simply reacting to a perceived situation and appeared to believe that it was to be now or never. Anyone familiar with government knows that when a blue ribbon panel is set up to look in to something, it is usually to allow emotions to settle down so it can be examined more objectively. The creation of this panel lends the appearance [to the concerned public] that "they are doing something about it". Later, when emotions are no longer high, some legisdlation or another will make it to the floor for consideration. This could take a year or more.:judge:
I am taking a wait and see attitude for now, but will indeed load up on more ammo if and when I encounter fairly priced rounds. As far as selling one of our rigs, I think I will hold on to what I have for now.:wave:
It Was Nuts!
There was a huge line three wide snaking around the building, and everyone was quite well mannered and patient about the line. When we finally got in it was asshole to elbow all throughout the venue, and people were not just looking, they were buying up everything in sight.
The big AR guy was about half cleaned out, selling most of his basic AR-15's in the first two hours at double what he used to sell them. Uppers were going for between 800 and 1,700 dollars. A complete lower with a collapsible stock was 475 to 700 dollars. Ammo was just plain stupid.
5.56 was going for 700 dollars a thousand for plain old 55 gr. steel case and brass was a buck a round. 7.62 X 39 was nearly the same.
I did pick up a few hundred rounds of 9mm from my local guy who winked and said he would give me the "locals discount", which meant he wasn't going to step on my wallet and sold it for the usual price. He did telll me however, that supply lines are tight and he is out of a lot of stuff. He offerred to buy any and all brass I have at a premium or for trade credit. I have three five gallon buckets of brass so I may just do that.
People, it is worse than when O was first elected.
I suspect that prices will remain elevated for a while, perhaps all the way through spring and in to summer, but I believe that they will fall back when all of this demand [which is simply pulled forward] is sated. I would say that if no meaningful legislation or outright bans are passed, that we will see prices fall to below equilibrium as all of the shops burning overtime right now overproduce and create a glut in the market.

The people I saw today were simply reacting to a perceived situation and appeared to believe that it was to be now or never. Anyone familiar with government knows that when a blue ribbon panel is set up to look in to something, it is usually to allow emotions to settle down so it can be examined more objectively. The creation of this panel lends the appearance [to the concerned public] that "they are doing something about it". Later, when emotions are no longer high, some legisdlation or another will make it to the floor for consideration. This could take a year or more.:judge:
I am taking a wait and see attitude for now, but will indeed load up on more ammo if and when I encounter fairly priced rounds. As far as selling one of our rigs, I think I will hold on to what I have for now.:wave:
Last edited: