Mega-schadenfreude alert:
Looks like the ammo hoarding frenzy is over, with prices and availability largely back to pre-panic levels. Millions of gullible conspiracy dupes, and more than a few well-deserving speculators, have been taken to the cleaners in the meantime.
Ammo prices could well fall further now that the hoarders realize that Obama is not going to impose a $100 per round tax or send his ACORN militia on a door-to-door confiscation-search for their stashes. More than a few of the hoarders are going to have to unload their hoards for whatever they can get, which won’t be much. .223/5.56 (AR-15, etc.) ammo was going for close to a dollar a round at the peak of the fenzy and dupes were buying it in thousand round lots. It is typically about a quarter a round now.