I'm gonna disagree with your assessment friend.Another possibility is that prices will drop to pre-covid levels plus some adjustment for inflation/elevated material cost. The reason being when expectations are that prices will go up, there is a tendency to buy before they go up. That's the trajectory we've been on in recent months.
Conversely, when expectation is that prices will go down then the tendency is to wait until prices further drop. These self-reinforcing factors lead to peaks and valleys which we have seen historically for ammo prices. It would be odd if something were fundamentally different this time around. Then again we live in very odd times.
If my take on human nature is correct ( think TP, cleaning supplies, etc)
And the theory of supply and demand is correct
and the CCP keep buying everything they can lay their hands on...
We're in an ammo drought for months ( if not years ) to come