this may not be the right sight to post this, but this is where everyone goes to read. I reload alot, but sometimes i go to wall-wart to buy some value pack 9-MM at $19.00 per 100.. I was told be them and some other people, that ammo was going up anywhere from 500 to 1000% in January. what have yall heard, and how will it effect reloading.. do we need to be stocking up

If ammo is going up (I haven't bought any) it's a temporary thing and not materials related....It's the election caused panic buying and simply the demand exceeding the supply.....if it goes up then relax....it'll come down after the folks think they have enough to run ther little private war.....Obama won't be able to increase taxes in January...he's going to be overwhelmed with other things....

500-1000% is pure BS speculation.....

I agree with vapodog. Price of gas came down. So did the price of steel and non-ferrous metals. There's no reason for a 500 to 1000% increase. Perhaps wallyworld really doesn't want to be in the ammo business anymore? Screw them! Shop somewhere else.

Go to next gunshow or midway on net or shotgunnews adds and stock up ! After the new president takes over I expect prices will as predicted from campaign adds 500% increase on all ammo and guns !

Read Obama on second amendament Political forum BBBruce 3 more seats and fillabuster proof ! He will get anything passed and guns are his main objective to disarm America ! My openion for what it's worth !

Is there legislation pending that would account for such an increase in the price of ammo? I don't buy ammo--load all my own, but am concerned with the price of components going up, although my concern may be totally unfounded as the price of things that make loading components is going down.

I know for a fact that NO#-1 grade copper cables price per pound bare has droped over 70% in the last year (from a high of $3.35/lb to around .90c/lb) so it is not the cost of raw materials that could cause a rise in prices of ammo.

How could Obama cause a 500% rise in ammo costs unless he passes a new fed ammo tax? and that would be easior said than done.

quote:

Originally posted by ARTJR338WM:
How could Obama cause a 500% rise in ammo costs unless he passes a new fed ammo tax? and that would be easior said than done.

He won't.....he's on record as advocating a 500% increase in the taxes on ammo.....but that don't begin to translate to a 500% increase in product cost.

I suspect that after they get regular ammo sales restricted and taxed all to hell, they will come after components also.

No one should feel safe because they roll their own ammo.

quote:

Originally posted by 33806whelen:
I suspect that after they get regular ammo sales restricted and taxed all to hell, they will come after components also.

No one should feel safe because they roll their own ammo.

and that's why so many are stocking up big time......and consequently raising demand and then prices....it's the law of supply and demand.

quote:

Originally posted by vines:
I was told by them [presumably someone at Wal-Mart] and some other people, that ammo was going up anywhere from 500 to 1000% in January.

Would any of "them" care to make a large wager?

Nancy Pelosi (sp) is scheduled to introduce a bill to increase the FET on Ammunition by 500% on March 22, 2009. It is on the speakers docket.
Longshot

Thank You Longshot ! and with 57 Democrat seats in the senate it will most likely pass !

i know around here 223s, 7.62x39 ammo are very hard to get your hands on. everyone is buying it all up. 9-mm 45. ,40s are getting harder to find to

quote:

Originally posted by Longshot:
Nancy Pelosi (sp) is scheduled to introduce a bill to increase the FET on Ammunition by 500% on March 22, 2009. It is on the speakers docket.
Longshot

I believe the excise tax is 11% ao a 500% increase is a 5,500% tax. Outrageous!

Everyone should contact their representatives and object. And, don't forget to remind them that they are up for reelection in two years.

You need to check your math. A 500% increase (equal to a 5x rise) on an 11% tax takes it to 55%. A 500x increase would be 5,500%.

Still outrageous at 55%.

I appreciate the correction. Was so angered by the actions of these Socialists that I failed to use decimals in percentage.

Don't miss the real point of the message - we need to replace the leftist SOBs in the next Congressional election. If we can't replace Obama, then do away with the majority in the Congress.