22LR flippers

[billt]

Scare or not, ammo prices are not going to drop.

I don't know about that. I just paid $12.99 a box for Federal American Eagle 124 Gr. 9 MM FMJ at Cabela's this past week. That's what 9 MM, 115 Gr. FMJ Federal Champion, (one grade lower), cost at Walmart pre Newtown. And I don't think we're anywhere near the bottom yet.

 

[churchmouse]

Hldibeast....That is so special.

 

[hornadylnl]

Seems you told me what you plan for your nest or I mean egg money and might have forgot. LOL .22lr Flippers still make me sad, or no S * I * C * K and I am not alone. Good luck with your plans.

Again, you don't know what percentage that value represents or what my financial situation is.

 

[hornadylnl]

But will the Hildebeast be able to generate the same fear as Hussein, when her turn comes about in 2016? Or will she have to depend on a couple more high body count school shootings, in order to raise the fear bar high enough to get .22 ammo back up to $70.00+ a brick?

Don't recall a high body count school shooting in 08/09 and we still had a panic. Not as bad as this one but there was still a lot of money made off that panic.

 

[hornadylnl]

Scare or not, ammo prices are not going to drop. I used to buy cases of Lake City 5.56 ten years ago for $199 per 1K rounds SHIPPED. Normal price today on that same ammo (not panic prices) is double that. If you buy ammo today at Wal-Mart's prices, you will NEVER lose money. If you buy it at a flipper's price, you most certainly will, unless you keep it for a long enough time that normal prices rise and catch up with it, or another panic occurs. I'd have no qualms about putting every spare dime into ammo purchases, if I were interested in buying ammo for future resale (which I'm not).

In 2000, 20 round lake city 30/06 national match was $4 a box all day long at the 1500. 20 round boxes of 308 Hirtenberger were $3.50. As many 1200 crates of brass cased 7.62x39 as can be wheeled out on hand trucks were selling for under $100. 165 grain AP bullets were 8 cents each.

As far as 223 ammo and components, is the US going to field 223 rifles for eternity? Anyone think the "cheap" surplus 223 ammo and components won't dry up?

 

[openwell]

I have lots of 22 already and much more on order, plus I am finding it here and there which helps. Every other caliber…reload!

Ditto

 

[billt]

Don't recall a high body count school shooting in 08/09 and we still had a panic. Not as bad as this one but there was still a lot of money made off that panic.

True, but I'm thinking the Hildabeast will need some help here.

 

[hornadylnl]

True, but I'm thinking the Hildabeast will need some help here.

Politically, how are Hillary and Obama different? If they aren't different, why would one incite a panic and the other not?

 

[M4Madness]

I don't know about that. I just paid $12.99 a box for Federal American Eagle 124 Gr. 9 MM FMJ at Cabela's this past week. That's what 9 MM, 115 Gr. FMJ Federal Champion, (one grade lower), cost at Walmart pre Newtown. And I don't think we're anywhere near the bottom yet.

Wal-Mart's pricing of .22LR is "normal" pricing, with no supply/demand crap influencing the prices. A brick of Federal 550's (.22LR) is $25 today, and I see no reason for it to ever drop below that again. Sure, it was a little over half that a couple of years ago, but I'm confident that it would still be $25 today if there was no panic. Production costs climb annually, and ammo always takes normal price increases to offset that. Ammo prices will always increase over the long haul. Even without any intention of reselling it, one would be wise to stock up at today's prices just to avoid higher future pricing. I wish I'd have filled a spare bedroom with 5.56 ten years ago, just so I'd have it for personal use today.

 

[billt]

Politically, how are Hillary and Obama different? If they aren't different, why would one incite a panic and the other not?

Bill will have no problem reminding the Hildabeast of the beating he took over gun control, after the passage of the 1994 AWB. He lost both Houses over it. Obama is a lame duck who has no such fears. He just can't get anything accomplished.

 

[hornadylnl]

Bill will have no problem reminding the Hildabeast of the beating he took over gun control, after the passage of the 1994 AWB. He lost both Houses over it. Obama is a lame duck who has no such fears. He just can't get anything accomplished.

Obama wasn't a lame duck in 08 or 12.

 

[openwell]

Seriously, I plan on dropping $10-20k on ammo in the next year. 223, 7.62x39, and 22. Even if I buy at Walmart prices and sell at Walmart prices, what better return could I make right now than ammo? 2% on a bank CD?

Don't know why but here is your super plan! above post #26 of this thread. You just don't seem to be able to read the info in my posts and understand it. So, I don't care $20k is as a percent of your investment portfolio. If you are going to be a .22lr Flipper, please apply in person with materials requested in prior post.
And yes I still get S * I * C * K from .22lr Flippers. LOL and good luck with all your financial planning. LOL all the way to the bank..........

 

[hornadylnl]

Don't know why but here is your super plan! above post #26 of this thread. You just don't seem to be able to read the info in my posts and understand it. So, I don't care $20k is as a percent of your investment portfolio. If you are going to be a .22lr Flipper, please apply in person with materials requested in prior post.
And yes I still get S * I * C * K from .22lr Flippers. LOL and good luck with all your financial planning. LOL all the way to the bank..........

What is the moral difference between investing in ammo or silver and gold? Can you come up with a non emotional answer?

 

[38special]

More of the same. Emotional arguments not based in fact, hating on "22 flippers", a new made-up term.

I don't care what hornadyl, or anyone else for that matter, wants to invest in. In fact, I hope he succeeds - as I generally do. I don't like to see people fail.

And I also don't feel sorry for all you whiners who didn't prepare before and didn't buy any ammo when it was plentiful. Let the free market be the free market and stop whining.

Guess what - there WILL be another panic at some point. And the same whiners today who can RIGHT NOW go and buy up .223 and 5.56 for (in today's market) reasonable prices will be whining about all those who did and are selling for a profit.

Such disdain for capitalism. Sure doesn't look like a gun forum to me. And it makes me S * I * C * K. Or something like that.

 

[Joe G]

What is the moral difference between investing in ammo or silver and gold? Can you come up with a non emotional answer?

Doubt it.

He's just S * I * C * K of listening to anything logical about anyone planning ahead for future use and/or seeing the pricing trends over the past 10 years (even factoring out panic pricing spikes).

Newbie just likes to jump on the "I hate flippers because I can't get ammo whenver I want it" bandwagon.

 

[38special]

Doubt it.

He's just S * I * C * K of listening to anything logical about anyone planning ahead for future use and/or seeing the pricing trends over the past 10 years (even factoring out panic pricing spikes).

Newbie just likes to jump on the "I hate flippers because I can't get ammo whenver I want it" bandwagon.

Well, that and he has plenty of posts to get into the classifieds now.

Quality posts? Well....

 

[hornadylnl]

More of the same. Emotional arguments not based in fact, hating on "22 flippers", a new made-up term.

I don't care what hornadyl, or anyone else for that matter, wants to invest in. In fact, I hope he succeeds - as I generally do. I don't like to see people fail.

And I also don't feel sorry for all you whiners who didn't prepare before and didn't buy any ammo when it was plentiful. Let the free market be the free market and stop whining.

Guess what - there WILL be another panic at some point. And the same whiners today who can RIGHT NOW go and buy up .223 and 5.56 for (in today's market) reasonable prices will be whining about all those who did and are selling for a profit.

Such disdain for capitalism. Sure doesn't look like a gun forum to me. And it makes me S * I * C * K. Or something like that.

I'm not going to say what my future plans are for any profit I might make because it wouldn't make any difference to the haters. I could use the profits to feed hungry children, to help the handicapped, or donate it to the NRA. They won't care.

This isn't an emotional thing for me. I don't expect one microgram more of sympathy for me should I lose my ass than I give a grandpa who would rather eat steak than spend an extra $20 to take his little Johnny shooting.

For all the democrat/republican, conservative/socialist arguments made here and the notion that this country is divided down the middle. Supposed conservatives lobbing such vitriol over "flippers" of a product that isn't necessary for survival. What does everyone think is going to happen during an economic collapse and you can't get food, water, medicines, etc that are necessary to survive?

We can all thump our chests and proudly proclaim how staunchly conservative we are. But the moment we shuck those values because they hurt more than the benefit us, we're no different than those Obama socialists we so loudly hate.

 

[jamil]

Wal-Mart's pricing of .22LR is "normal" pricing, with no supply/demand crap influencing the prices. A brick of Federal 550's (.22LR) is $25 today, and I see no reason for it to ever drop below that again. Sure, it was a little over half that a couple of years ago, but I'm confident that it would still be $25 today if there was no panic. Production costs climb annually, and ammo always takes normal price increases to offset that. Ammo prices will always increase over the long haul. Even without any intention of reselling it, one would be wise to stock up at today's prices just to avoid higher future pricing. I wish I'd have filled a spare bedroom with 5.56 ten years ago, just so I'd have it for personal use today.

I'm not sure I agree. As I recall, up through a year before Newtown the price was fairly steady. I could get Federal bulk packs at my local Walmart for ~$18 regularly over a fairly long stretch of time. In the past ~18 months since Newtown, when you can find it, it's usually ~$25. Considering the fairly stable price for a year or so before Newtown, a 40% price increase over just a year and a half isn't very likely without some unusual market pressure. I could see a buck or two rise, but not $7.

I think the price will go down over time. People have been panic buying, hoarding, and flipping for a year and a half. Manufacturers are pumping out a crap ton of .22. I rarely see people shooting .22LR at the range. We don't have a supply problem. There plenty of supply sitting in people's basements. At some point the people who are still buying it up will eventually decide that they don't need anymore, and the stuff will start staying on the shelves, and the price will drop.

But to horn's point, if we have another political event that scares people about availability, it's going to soar again.

 

[38special]

I'm not sure I agree. As I recall, up through a year before Newtown the price was fairly steady. I could get Federal bulk packs at my local Walmart for ~$18 regularly over a fairly long stretch of time. In the past ~18 months since Newtown, when you can find it, it's usually ~$25. Considering the fairly stable price for a year or so before Newtown, a 40% price increase over just a year and a half isn't very likely without some unusual market pressure. I could see a buck or two rise, but not $7.

I think the price will go down over time. People have been panic buying, hoarding, and flipping for a year and a half. Manufacturers are pumping out a crap ton of .22. I rarely see people shooting .22LR at the range. We don't have a supply problem. There plenty of supply sitting in people's basements. At some point the people who are still buying it up will eventually decide that they don't need anymore, and the stuff will start staying on the shelves, and the price will drop.

But to horn's point, if we have another political event that scares people about availability, it's going to soar again.

I honestly hope you're right. If the price goes down, I'm stocking up even more.

But the price went up overnight from about $13 to about $18 before any panics. So yes - the price can rise exponentially without unusual market pressure.

 

[hornadylnl]

I'm not sure I agree. As I recall, up through a year before Newtown the price was fairly steady. I could get Federal bulk packs at my local Walmart for ~$18 regularly over a fairly long stretch of time. In the past ~18 months since Newtown, when you can find it, it's usually ~$25. Considering the fairly stable price for a year or so before Newtown, a 40% price increase over just a year and a half isn't very likely without some unusual market pressure. I could see a buck or two rise, but not $7.

I think the price will go down over time. People have been panic buying, hoarding, and flipping for a year and a half. Manufacturers are pumping out a crap ton of .22. I rarely see people shooting .22LR at the range. We don't have a supply problem. There plenty of supply sitting in people's basements. At some point the people who are still buying it up will eventually decide that they don't need anymore, and the stuff will start staying on the shelves, and the price will drop.

But to horn's point, if we have another political event that scares people about availability, it's going to soar again.

I won't buy in at $25 unless it's been plentiful for at least 6-12 months and wallyworld shows no sign of dropping their price.

Same reason I won't buy silver right now. I don't think we've seen the bottom.



I think 7.62 is near the bottom. In 08/09, cases of golden tiger were $190-200.

Steel case 223 is probably near the bottom but I don't think brass case 223 is.