Norinco 5.56 1120 Round Spam Can Deal

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muledeercrazy2 said:
If my latest order hasn't shipped any chance of adding some .223 to my .45 acp? I have an order comfirmation but no notice of shipping for a 1000 .45 and 3 1911 mags to Sechelt B.C.
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you should probably email them, not hope they see it here. Particularly if your name in real life isnt muledeercrazy2
 
harbl_the_cat said:
Sigh... I don't have any more room...I still have 20 1600 round crates... Well, what's a few more... Although silver is on sale at a much cheaper price...

Buy both. It's called diversification.
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I like cheap Norinco better. It doesn't drop in price like silver:
http://silverprice.org/silver-price-history.html (look at the six month chart for recent activity).

Another six month's from now, silver might be going for $12/oz. Who's to say. Norinco? It'll hold up just fine. :)
 
Bigfooter said:
Just to illustrate the reason for posting the "Deal of the Month" here:
http://www.canadiangunnutz.com/forum/showthread.php?942707-Can-Am-has-more-223-Norc-in-stock . That post, which soon sunk out of circulation in the Ammo section, garnered 3 replies and 135 views.

This thread is approaching 5,000 views which means more gunnutters are getting in on that deal.


And that's a very good thing. Wouldn't you agree?
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Yeah the thread I posted hrs earlier died really quick.
 
Bigfooter said:
I like cheap Norinco better. It doesn't drop in price like silver:
http://silverprice.org/silver-price-history.html (look at the six month chart for recent activity).

Another six month's from now, silver might be going for $12/oz. Who's to say. Norinco? It'll hold up just fine. :)
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Maybe, maybe not. I'm noticing a slight glut of ammo at some of my LGS's - including surplus stuff. Maybe it was the floods, maybe it's a sign the 2013 ammo scare is starting to subside (who knows?).

While I don't personally think that means ammo prices are coming down, I just don't think that means inexpensive Norinco surplus will sold out/be as hard to come by in the future as it has been

I consider myself a moderate/high consuming shooter, and I bought 5x 1600 round cases for personal use back in March. I picked up another 15 as an investment (aka - hoard) - and haven't even opened my first case up. Most of the shooters who consume this stuff are up to their gills in ammo. I think much of the present, outstanding demand is investors (aka - hoarders).

6 months from now, silver may be $12, it may be $50 (no one knows). But at the same time, I think it's quite unlikely that 6 months from now, this ammo will sell for $0.50/round (I think it's much more likely 5-10 years from now) and more likely, in the short term, there will still be supply of this ammo at this price for a brief period of time (until all the folks who bought the first wave shoot off all the stuff they bought initially).

Now the thing is, ammo consumed becomes close to worthless. You can retrieve the brass for about $0.03/round for scrap, and no reloader in his right mind would PAY you for bulk brass much more than that. As this ammo is CONSUMED, the demand for it increases putting upward pressure on the price. At that point, those who SAVED (aka - hoarded) this ammo can capitalize on the price movement and sell it at the then higher market price that they bought it for.

The key thing is, if you consider ammo an INVESTMENT, it is important to time it such that you don't buy it when you could have bought another asset that was more undervalued with the potential for greater gains. Looking back in hindsight, this past spring when I picked up 32,000 rounds of this stuff at an average price of about $0.27/round, silver was in the high 20's - 30's. I bought less silver back then, and bought more ammunition.

Now silver is in the high teens/low 20's, so I'm inclined to buy more silver and less Norinco .223 ammo. The point at which I would only buy silver (and not ammo) is when silver is at about $15/oz. The point at which I would buy only ammo (and not silver) is when .223 rounds are about $0.10/round.

That said - I am still buying both - just the ratio's are different. That's called diversification.

Silver, ammo... they are both assets I like to INVEST in... and with that, I have 2 crates on order :)

That said - if you don't consider ammo an investment and consider it a consumable commodity - who cares what the price is... just order it, shoot it, and have fun! You're never going to resell it anyways.
 
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harbl_the_cat said:
Maybe, maybe not. I'm noticing a slight glut of ammo at some of my LGS's - including surplus stuff. Maybe it was the floods, maybe it's a sign the 2013 ammo scare is starting to subside (who knows?).

While I don't personally think that means ammo prices are coming down, I just don't think that means inexpensive Norinco surplus will sold out/be as hard to come by in the future as it has been
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Heck, there's a glut of ammo because the prices have jumped far too much in far too little time. One item comes to mind: a $419 1000rd crate of PMC X-TAC catapulted to $529 locally over the space of a year (42 cents/rd to 53 cents/rd). Why buy that when you can still get Norinco for 25 cents/rd? No rocket science there. And you'll also notice that locally Norinco is scarce on the ground. Glut of overpriced goods vs scarcity of the economical alternative.

Who cares what the price is if the stuff is a consumable commodity? I do! Given a choice between shooting 25 cent rounds or 53 cent rounds, I'll go with the cheaper ammo almost every time. The exception is when you're paying for the high end stuff and letting me shoot it. ;)

The big question is this: How much surplus Norinco 5.56 is left sitting in warehouses in China and when will that supply run out? Because when it does -- and it will eventually -- there'll be some big-time sticker price shock to deal with. That's when the hoard is going to look pretty good -- whether you plan to shoot it or sell it.
 
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Considering norinco ammo doesn't make it's way into the US, we will not have a shortage of ammo, so no need to hoard ammo, it will always be around, stop acting like Americans.
 
Old 90s vintage surplus Norinco will not always be around. When it runs out -- and it will -- then you'll be paying a pretty penny for new production ammo.
 
On the subject of future availability, I'm hoping that CanAm can weigh in on the matter. In another thread, they opined that the supply was drying up and wouldn't last for years as some assume.

Maybe it's just me, but has anyone else noticed that this current batch is 1996 surplus? All I've seen up until now is 92 to 95 headstamps. Does that indicate that the old stuff is getting thinned out in the warehouses?
 
Bigfooter said:
Do you have stats to prove that? If not, how are you "sure"? :confused:

One thing certainly is "sure": Norinco 5.56 ammo is much less expensive than Federal, PMC or anything else on the market -- by a long shot. (Pardon the pun.)

Norinco: $279/1120rds (25 cents/rd)
Federal (.223): $399/1000rds (40 cents/rd)
Federal (Lake City 5.56): $500/1000rds (50 cents/rd)
PMC XP193: $469/1000 (47 cents/rd)
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Where did you find 1000 rds of lake city 5.56?
 
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