Friday, February 22, 2013

Change: Ammo prices have doubled since mid-December

Obama has created a de facto form of gun control for the poor. Guns and ammo are being priced out of their range.
The price of his store's ammunition has more than doubled since mid-December, says Larry Hyatt, owner of Hyatt Gun Shop in Charlotte, N.C., which bills itself "America's Largest Gun Shop."

I spoke to Mr. Hyatt today about the increase in the price of ammunition since mid-December (when the gun control debate began to heat up). Hyatt said that the ammo market is "very volatile" and that he "doesn't know when the next shipment will be."

His best seller right now is .22LR caliber.  Gun owners like to shoot this caliber because it is typically a cheaper round and also optimal for target shooting, known as "plinking"

A box containing 500 rounds of .22LR was selling for approximately $20/box back in December.  Today, Mr. Hyatt tells me he is selling the same box for $49.  This represents a 145 percent increase in price.

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