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
look what obamas done to this country its never ben so mess up and divided hes caused racial tensions
The website Ammo to go, so proudly listed above, has not had any 22 rimfire (the evil evil Hag Feinstein military grade ammo that must be pried from all America's hands) has been non existent since Hag Feinstein announced her federal plan to dry up the supply.
Is Obama and the Hag abuseing federal funds or DNC campaign funds to have their minions divert ammunition from the civilian market to falsely 'dry up supply'?
Oh Our Obama would not do that, would he naaah. Of ocurse not.
The Government is buying everything under the FEMA Act that forces the manufactures to sell to them first and then stockpiling it for some reason.
What does the US Weather Service need with 20 million rounds of .40 and .223 cal ammo?
And it's not just ammo. Where have all the guns gone? The stores can't find any to buy for sales.
[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."]
That about sums it up. Gun owners. What a bunch of frightened pussies...
This is really pretty easy....
Assalt ban is not going to well for uncle sam.Dam those founding fathers and their second ammendment.Amercans are armed to the teeth now dont screw with us.
Copyright © 2013 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.
Reports say the generous benefactor behind the huge gratuities is a former PayPal executive.
- Chinese investors are buying up Detroit
- Mega Millions jackpot hits $344 million
- 5 reasons to think twice about a balance transfer card
- Will I have to pay taxes because of a foreclosed home?
- 5 things that won't affect your credit scores
- The 7 deadly sins of winter driving
- 8 questions to ask before Mom and Dad move in
- High deductibles fuel new worries of Obamacare sticker shock
- How to use your credit card to donate to charity
[BRIEFING.COM] The major averages spent the entire session in a steady downtrend, but despite persistent selling pressure, today's losses were limited in scope. The Dow, S&P 500, and Nasdaq shed between 0.2% and 0.3% while the Russell 2000 lagged, falling 0.9%.
The underperformance of the Russell 2000 was likely owed in part to tax-loss selling, which tends to pick up this time of year. Small-caps often feel that pinch in a stronger fashion than large-cap issues since individual ... More
More Market News
John Stumpf acknowledges that growth has been slow, but he says he's still optimistic.