Gun ammunition suddenly in short supply
Hunters and hobbyists have depleted shop shelves since the Connecticut school shooting in December. It's 'a Black Friday atmosphere,' one store manager says.
The largest seller of guns in the U.S., Wal-Mart (WMT), is limiting sales of ammunition at its stores to three boxes per customer a day.
And it's not only Wal-Mart. Over the weekend, gun owners in Myrtle Beach, S.C., lined up outside the local Bass Pro Shops store.
The store's operations manager, Brad Andrews, told WBTW-TV there's been "a bit of a Black Friday atmosphere" at the shop for several weeks now as hunters and gun hobbyists try to stock up from any new shipments of ammunition.
Sales of guns and ammunition have reportedly risen sharply across the country since the Dec. 14 elementary school shooting.
"It probably has something to do with the recent event in Newtown, Connecticut, the shooting out there," said would-be ammunition buyer Richard Harney. "People just went out and bought it all out. The demand is there, we just saw it, a lot of ammo was off the shelves in two minutes."
Another gun owner at the Myrtle Beach Bass Pro Shops, George Schultz, believes the run on ammunition is due to fears of an impending government crackdown on weapons. "People are scared," he said. "I guess they’re just loading up on whatever they can, and it’s just a shortage."
The website for Ammunition to Go, based in Texas, alerts potential customers to shipping delays of 24 to 26 days due to the high volume of orders.
Law enforcement is also feeling the ammunition pinch. The Metropolis, Ill., Police Department can't find ammo for its .40 caliber semiautomatic pistols.
"We've been told from our supplier that pistol ammunition is almost become nonexistent," Metropolis police chief Harry Masse told KFVS-TV. He notes the ammunition shortage is also driving up costs.
"I used to complain when they cost us 7 to 8 cents a round," he said. "Now they're costing us 30 cents a shot. And there's 50 rounds per box. So it adds up quickly."
More on moneyNOW
Everyone has firearms now. The folks have fear this Secular progress fed gov't is doing things which are forcing them to protect themselves.
The laws coming out of Washington like Fema able to confiscate food and other goods from homes during emergencies is frightful to many.
When Homeland Security is purchasing 7,000 Full Auto M16s and calling them a Personnel Protection Device, but the AR-15 which is semi-auto for civilian use is being called an assault weapon, people fear the Fed is gearing up for something.
When the leaders of the Federal Armed forces (Army, Navy, Marines, Air Force, Coast Guard) are being asked if they would order their troops to fire on American civilians before they will be allowed to lead troops, that is making the average American citizen very disturbed and cautious.
When Black Ops Helicopters are being used in "training exercises" in our cities without most citizens even knowing about them ahead of time, it gives pause to people thinking is this for real?
The Fed Gov't under this Administration is giving out some dangerous signals.
2000 rounds of 9mm Check
2000 Rounds 40cal Check
2000 Rounds 45cal Check
2500 Rounds of .223 Check
2500 Rounds of 5.56 Check
2000 shot gun shells Check
4000 Rounds of .22 Cal ChecK
150 50 cal ChecK
Nope I'm good...
What a way to pervert a story. Just how stupid are reporters ? It has nothing to do with the school trajedy - it has everything to do with peoples fear of more Government intervention.
Just how much ammunition has been bought by the USG. I read recently that the SSA purchase millions of rounds of 40 cal ammo as did DHS, IRS and other alphabetic soup agencies. Did the SSA purchase this ammo to protect themselves when they deal with the irate public, or the limit its liability by limiting the number of old folks in the system. OH, Gosh, OBAMA care is setting that up for them. It's all a mess.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] The major averages finished the session on a modestly higher note, but not before heavy selling pressure sent the Nasdaq Composite (+0.3%) for a test of its 200-day moving average. The S&P 500, meanwhile, added 0.7% with all ten sectors posting gains.
Equities climbed at the open with the advance built on the relative strength of biotechnology and other momentum names. Despite the solid early gains in those areas, the market began fading from its high as multiple ... More
More Market News
The company has made at least 4 acquisitions in the space, and few people have paid any attention.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'