You've indicated in previous posts that you already have a substantial stash of ammo. You don't see yourself as part of the shortage problem?
Oh, and yes, I live in the NWT. And just so we're on the same page about the copper, I too collect copper, just not pennies. Pennies cost 1¢ each. I get my copper, 100's of pounds at a time, for free. Last load I hauled down to Calgary netted me just under $10K.
Also, I'm sure you'll have some long-winded excuse, but I'm sure you are well aware that defacing currency is against the law and as such you can't sell pennies for scrap legally.
And this is exactly it.
No one is out shooting anymore than they have been before using up the supply, and the factories producing it have not been mothballed, burnt down, or bombed, and are putting out just as much product into the supply chain as before (likely more as they have less military orders with the wind down of Iraq and Afghanistan and they can turn that production into commercial orders).
However people (even those who have lots already) think there is a shortage, and perceive a shortage (or price increase) in the future, and are thus hoarding more than normal, and some in anticipation of making money off buying it now and selling it for more in the future. Even people who normally buy as they need it from those store shelves have been told it might not be there when they want it (or vastly more expensive) and are buying it in anticipation of needing it latter and not having it on the store shelf.
This creates a self fulfilling prophecy and demand curve to justify a price increase, which in turn makes people run out to buy more before the price increase or while it is still there, and so on and so on.
We as consumers have given a fear premium to the price and the subsequent hoarding is creating the justification for it all, and creating a perception of some sort of shortage.
Eventually even the hoarders will have more than they can use, the casual shooters will have supply so they will not need to stop in the store to buy on the way to the range, and the factories will be at full production meeting this current demand and hit a point where that demand drops and everyone is full up on supply. Prices will then drop to keep the manufactures in business. We seen it after 2008, and will see it a few years after this "crisis".
There is more ammunition out there than ever before, and it is making its way to consumers hands faster than ever before, and just not sitting on store shelves.
We as consumers are our own worst enemy, and Obama has pulled the best "stimulus" package he could ever invent for the firearms industry.
