Don't speak too soon, folks were saying the same thing the last time around, but when things caught up, prices came back to normal, then sales, plenty of us here bought primers at 420 per K then. Don't give up, hang in there, don't quit on us. If everyone thought this way, you could bet they would listen and prices would never come down.
Practice "glass half full", instead of "glass half empty'.
I have a lot of ammo books, manuals, stuff that most reloaders do not fool with. One is an Ammo Encyclopedia ... 6th Edition dated back to 2017 I think it was. Anyways, I was out in the man cave today doing some reading and decided to pull it off the shelf for some reason .... first few hundred pages are nothing but history of ammo and reloading with a lot of trending stuff mixed-in.
So I am reading this one chapter that didn't seem too important to me back when I bought the book in 2017 ... but it sure does today. It was about the historical record of ammo shortages, what caused some of them, how long they last, etc. Now, this book, this 6th Edition, went to the presses in 2016 just before the election as we were coming out of the Obama induced shortage when everyone was worried that Hillary was about to be elected. Had Trump not been elected we would have already been suffering a continued and deep ammo and components shortage.
Instead, things were simply delayed.
I can take a picture of some of the pages but ... we should have seen this current shortage coming and it is not going to end anytime soon nor is it ever likely to return to any semblance of pre-covid normalcy. This will be the longest and deepest shortage ever by the time all is said and done.
Why?
Because the writers proved it in the book ... same publishing company that does the Blue Book stuff. They're big into data.
Every single shortage for 300 years was worse and longer than the one before it. Prices never go back to where they were.
It's historical fact, there is a record. And it has as much to-do with big corporations making money in times of crisises as it has to-do with anti 2Aers and slimy politicians.
This shortage is the new norm.
Until I read that chapter I had no idea how many employees were laid-off or let go after Trump was elected and the panic buying stopped. Ammo manufacturers let 1000s go. Not to mention issues with production facilities that need to be upgraded still running 100 year old machines ... although Vista and Federal both are spending millions on their facility upgrades and upfittings.
I had no idea that Obama played games with Europeans ammo manufacturers .... basically the same thing Biden is doing.
Why? To drive those European manufacturers out of business because their main market, 75% of their business, was selling ammo to the states. The Obama and Biden administrations were/are in cahoots with the anti-2A socialists and marxists in Europe.
The chapter is a heckuva read. Heckuva book overall. Always something new and prohetic every time I open it.