Since this is all about all of psychics looking into crystal balls, I'll throw my two cents in as well. Yes, prices will go back down, but not anytime soon. Guns and ammo are at all time high and availability sucks. Personally I'm shocked and amazed that magazines are still readily available and at good prices. So while you can't buy ammo, make sure you buy all the mags you'd ever want for any gun you'd ever want. Once Biden takes office, I think that any mag over 10rds capacity will have a target on it's back and be banned.
Honestly, it's just another cycle of the same old rinse wash and repeat. During the Obama / Sandy Hook time there was panic buying and you couldn't find 22lr for years. Then when it finally did come back in stock people walked right on past it because they had no more sense of urgency. The same people that though they had enough 9mm ammo when it was $10 or less per box of 50 are now scrambling to buy the same ammo for 3 or 4 times that same price. Remember the "Trump Slump" when he took office and companies were giving away guns and ammo at break even prices? Gun stores went out of business because everyone interested in guns and ammo had maxed their budgets during the Obama years.
The fact that so many people have been through all of this before and continue to repeat the stupidity of now stacking up when it's cheap is really a testimony to how stupid some gun owners really are. When 9mm is $10 they walk on past, but when it's $50 a box they rush to buy as much of it as they can. I just don't get it.
Bottom Line: Yes, prices will drop at some point, but most people will be too darn dumb to make it a priority to buy some extra and put it aside. Learn the lessons of this round of panic buying and shortages, and the next time you see a thousands of rounds of 22lr for $100 or less then that's when you buy. When you see 9mm at $10 or under shipped to your door, that's when you buy. When prices are like they are right now, buy a pellet gun replica of whatever you'd like to shoot and practice with that, it's better than nothing.
Honestly, it's just another cycle of the same old rinse wash and repeat. During the Obama / Sandy Hook time there was panic buying and you couldn't find 22lr for years. Then when it finally did come back in stock people walked right on past it because they had no more sense of urgency. The same people that though they had enough 9mm ammo when it was $10 or less per box of 50 are now scrambling to buy the same ammo for 3 or 4 times that same price. Remember the "Trump Slump" when he took office and companies were giving away guns and ammo at break even prices? Gun stores went out of business because everyone interested in guns and ammo had maxed their budgets during the Obama years.
The fact that so many people have been through all of this before and continue to repeat the stupidity of now stacking up when it's cheap is really a testimony to how stupid some gun owners really are. When 9mm is $10 they walk on past, but when it's $50 a box they rush to buy as much of it as they can. I just don't get it.
Bottom Line: Yes, prices will drop at some point, but most people will be too darn dumb to make it a priority to buy some extra and put it aside. Learn the lessons of this round of panic buying and shortages, and the next time you see a thousands of rounds of 22lr for $100 or less then that's when you buy. When you see 9mm at $10 or under shipped to your door, that's when you buy. When prices are like they are right now, buy a pellet gun replica of whatever you'd like to shoot and practice with that, it's better than nothing.