Saturday, February 21, 2009

Prices and availability

There was a large gun show here in Phoenix this weekend. Lots of people...lots of guns. Prices were too high, as typical now, but there was plenty of ammo. Prices for 'black rifles" were $100 to $250 above where they were a year ago. Cheap AK's used to go for $300 to $450 and are now going for $500 and up.

Ammo prices are still high. Ammo, though, has been returning to Walmart and other sources over the past week or so. I bought a few 100 rd boxes of WWB and was told they had several cases :in the back."

I think the worst of the fear buying has passed. This is good. It allows prices to settle and people who were waiting on the fringes to come into the mainstream and buy what they have been on hold patiently for.