Apple stock is done to $390 from hitting $700 last Sept.
Unless everyone in NA is shooting way more ammo all the hoarders will max out their credit card and storage space; factories will catch up and start dumping supply; just a matter of when.
Looking forward to great XMas sales, can't wait.
I think this is the case - the thing is, the people maxing out there credit cards are the people who have no knowledge of the guns and ammo market. They are the general dumb public who think and act as a group. They are the idiots who 6 months ago were lining up at Black Friday sales, trampling over one another to get a $200 laptop or $5 toasters - aka "the Sheeple"
I don't think anyone here falls into that category.
If you go into economics, there is what is known as price elasticity. While it refers to the responsiveness of a good's price to rise or fall as demand for it increases or decreases. Put on it's head, there is also demand elasticity, or the level of demand that responds to increases or decreases in price.
The thing is, much of the demand we are seeing in the US right now is inelastic - people are buying no matter what the price is. Which I think this is a result of ignorance and inexperience, primarily. Conversely, I bet most people on here have highly elastic demand - if the price goes up, we tend to buy less, if the price goes down, we tend to buy more.
The big driver of this is a government created panic, State-side, that's driving hordes of panicky, non-gun owners to stack up on what they can. The disruptions we are seeing up here, I believe are a consequence of this action in the US. Simply put, ammo manufacturers know they have a bigger market to serve up in the US and triage our market much lower (as they should - if they want to maximize their profits).
Now the big thing is - why did the US government create a panic in the first place? My assertion is to divert attention away from the market and the economy, which are rigged and, if you are one of the "Sheeple" robbing you of your wealth.
That being the case, unless there is a catastrophe in the market/economy - a currency crisis, a stock market collapse, a major banking failure, or China or Japan doing a run on their holdings of US treasuries - I don't think there will be any substantial new gun control measures in the US.
When one of these crises occur (and I am of the opinion you will see one sometime in the next 5-10 years) - I can guarantee you, you will see an executive order by Obama basically nullifying the 2nd Amendment. The thing is, between now and then, with the latest developments relating to gun control in the US - I expect things to calm down considerably and yes, I do think a significant reduction in demand and accompanying correction in the price of guns and ammo will be a result when the Sheeple who bought $80 bricks of .22 or $5000 AR-15's realize there's 2nd Amendment rights are safe... for the moment.