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Republican Rep. Jason Chaffetz, who chairs one of the House oversight subcommittees revealed that the DHS “currently has more than 260 million rounds in stock.”
I live a days drive from Boston, and I’m happy to report that we still have pressure cookers on the shelves. The ammo shelves are still empty. Some online retailers have some guns, and the private market seems to be humming along nicely, but there is absolutely nowhere near as many guns for sale now as there were back in early December. But there’s nothing in my neck of the woods to suggest it is any different this week than it was last. Or the week before. Or the month before that.
If we’re seeing any new sales as a result of the Boston bombings, they are blending in very well with what has been a steady stream of sales since Sandy Hook.
It hasn’t let up. Prices have fluctuated, but the sales are steady. Constant. We’ve simply added a new, completely valid reason for our decision to own firearms. We now have a very compelling reason to be prepared.
Our nation’s desire to be ready for the unknown, and our recent stock piling of ammo, has even earned a new nickname. The bullet bubble. This implies boom and bust financially.
But we haven’t yet seen the bust part.
We will eventually be able to point to April on some authoritative charts that track sales of guns and ammo, and the relative stock prices of the companies that make firearms and components. But for now, we have to take the pulse of the nation the old fashioned way.
So what are you seeing? Is it too early to tell if the well will run dry? What does your gut tell you?
FULL SOURCE ARTICLE HERE http://www.guns.com/2013/04/27/ammo-sales-surge