Back in March, I wrote about the soaring costs of ammunition. Later the same month, I let everyone know about the pending price increases by ATK, the parent company of Speer, Federal, and CCI. Now that a few more months have passed, I thought some of you would be interested in seeing how much prices have increased since the first half of 2008.
As you can see, price increases continue at a staggering rate. The prices were all taken from a major vendor’s monthly catalog and I used cartridges that I could locate in all three catalogs for the comparison.
Now, think about this. Ammunition prices are driven by two factors: scarcity and demand. With President-elect Obama coming to power in about two months, I guarantee that demand for ammunition is going up. This will increase prices, as will the shortages experienced by your dealers because of the demand.
I hope you already have the ammunition you need. If not, keep an eye out for deals, but I imagine they will be few and far between. Not to be alarmist, but ammo shortages could be a reality. Get what you need plus a little more. If things get really expensive, and shortages start, you will be very happy you invested now.
I do not think we will see sub-$10 boxes of handgun ammunition again, but I really hope I am wrong. If the economy is hurting, inflation starts to hit and we have an anti-gun president in the White House, ammo will be darn expensive. Whatever you buy now and store will be good in five, ten or even 20 years. Ammo does not go bad, and ammunition price increases are coming. Do not doubt that.