Ammo price gouging
- Thread starter Schutzen2
- Start date
that is supposed to be the "cull" of this stuff.. and this price is outrageous!
Federal 22LR Gold Medal HV MATCH F719 40 gr Solid CASE 5000 rounds
Federal 22LR Gold Medal HV MATCH F719 40 gr Solid 5000 per case
www.outdoorlimited.com
mrh1958
Silver $$ Contributor
Yea and they also are claiming this is comparable to the old Federal Match used in the Olympics, which is a lie, this is just bulk ammo re-packaged as match ammo, I seen it tested....junk.that is supposed to be the "cull" of this stuff.. and this price is outrageous!
Federal 22LR Gold Medal HV MATCH F719 40 gr Solid CASE 5000 rounds
Federal 22LR Gold Medal HV MATCH F719 40 gr Solid 5000 per case
It doesn't shoot for shite in anything that I've tried it in.
I may have posted this thought in another thread but:
To me there is a distinct difference between capitalistic market forces and opportunistic profiteering during a short term crisis.
So, people who say "well, its just like realizing the appreciation on your home" are spewing BS and self-justification
IMO, we are experience the later and I agree that I will not patronize these gouging ammo dealers nor am I particularly enamored by shooters/community members willing to stick it to their fellows.
I saw one advert where the guy was bragging "its cheaper than on Gun Broker" which is like saying that we should be happy when our credit card company charges 21% interest because its less than paying vig to the mob.
To me there is a distinct difference between capitalistic market forces and opportunistic profiteering during a short term crisis.
So, people who say "well, its just like realizing the appreciation on your home" are spewing BS and self-justification
IMO, we are experience the later and I agree that I will not patronize these gouging ammo dealers nor am I particularly enamored by shooters/community members willing to stick it to their fellows.
I saw one advert where the guy was bragging "its cheaper than on Gun Broker" which is like saying that we should be happy when our credit card company charges 21% interest because its less than paying vig to the mob.
redrockranger
Silver $$ Contributor
The value of your home does not go up. The value of your money has gone down. Government does not know the value of anything. Your taxes make government what it is.
Yes, perhaps...but not really the point I was trying to make.
I have seen a number of instances where a shooter is braced for trying to sell ammo well above general (not NOW...but general) market price and the rejoinder is almost always "well, you wouldn't sell your house lower than market price and leave your asset appreciation on the table"
To me, this is utter BS and simply a convenient, but fatally flawed, analogy used to justify their rapaciousness and greed.
Doug Beach
Silver $$ Contributor
Caveat: I’m not selling any of the things discussed.
Question: What is the “fatal” flaw? Why is one thing ok to sell at the price the market will bear, while the other is not?
I’m not trying to justify anything, I’m just curious about the principles at hand.
Well, going back to my first post:
This is not market value...this is panic, crisis price gouging and, IMO, the people doing so are indeed rapacious, profiteering opportunists.
I'm really not trying to convince anyone else. Just my view of it.
To me, its like those scum bags who early in the epidemic were incredibly gouging on price for...toilet paper, surgical masks at five to ten times prior market price, etc.
Do you think that $3-4 or more per a round for 6.5 CM is in anyway market price? Take a look at what's happening on GunBroker.
Yes, "but nobody is forcing them to buy it"....in a time when ammo is generally unavailable.....they can always just not shoot...at all...right?
YMMV.
edit: if you detect any ire in my post, please believe it was not directed at you, my friend. It’s just a topic that gets me a bit hot.
This is not market value...this is panic, crisis price gouging and, IMO, the people doing so are indeed rapacious, profiteering opportunists.
I'm really not trying to convince anyone else. Just my view of it.
To me, its like those scum bags who early in the epidemic were incredibly gouging on price for...toilet paper, surgical masks at five to ten times prior market price, etc.
Do you think that $3-4 or more per a round for 6.5 CM is in anyway market price? Take a look at what's happening on GunBroker.
Yes, "but nobody is forcing them to buy it"....in a time when ammo is generally unavailable.....they can always just not shoot...at all...right?
YMMV.
edit: if you detect any ire in my post, please believe it was not directed at you, my friend. It’s just a topic that gets me a bit hot.
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If that is the case, then everyone’s house value goes up by the same percentage every year????
used to be that way years ago.. that a person's home would increase at about the rate of 6% per year..
rkittine
Gold $$ Contributor
Home prices tend to go up and go down depending on a lot of things. That is why there are buyer's markets and seller's markets. Overall though, the "Going Up" usually results in a net increase as going down tends to be less amounts and less often. There are a lot of factors that drive home prices. Inflated labor rates increase the cost to build a new one as well as the increased costs of materials, based on the inflation rate. New Home costs are a reasonable comparison for setting used home market prices. But then their are the market dynamics, home many homes on the market, how many people moving into the area and how many moving out. How many jobs are being created or lost.
Since homes are typically the most expensive purchase a person will make, there is a lot of things that drive their prices. But, Gouging is something that is not typical in the housing market, but does happen from time to time.
I do not mind spending stupid amounts for very rare items, if I need them and that is the only way you can get them. Recently paid $305.00 for a 5 round magazine for a Benelli MP3S. Bought the first one for $65.00 just two years ago, but less than 400 of the guns being made, the magazines are scarce. And I have purchased guns and over paid in this market to get at least one box of ammo to try it. Such was the recent case with my 5.7 purchase.
Bob
Since homes are typically the most expensive purchase a person will make, there is a lot of things that drive their prices. But, Gouging is something that is not typical in the housing market, but does happen from time to time.
I do not mind spending stupid amounts for very rare items, if I need them and that is the only way you can get them. Recently paid $305.00 for a 5 round magazine for a Benelli MP3S. Bought the first one for $65.00 just two years ago, but less than 400 of the guns being made, the magazines are scarce. And I have purchased guns and over paid in this market to get at least one box of ammo to try it. Such was the recent case with my 5.7 purchase.
Bob
It all comes down to a "willing seller" and a "willing buyer". If the seller has something for sale he can ask any price he wants for it, if a willing buyer wants it then he pays the price asked by the willing seller.
To me a lot of the complaints are just whining by folks who didn't plan ahead and now are having to pay the inflated prices for a commodity that is practically non-existent. This time last year there was lots of promo grade 22 LR for $14.99 per 500 and in many instances even less, it was available at a reasonable price but no one was stocking up but now there is whining because they have to pay more for it. It's difficult for me to feel sorry for someone who did not take advantage and stock up when it was reasonable.
I do not plan on selling any of my 22 LR ammo or reloading components but if I were to you can bet I would price them at what the market is now - not what I paid for them.
drover
To me a lot of the complaints are just whining by folks who didn't plan ahead and now are having to pay the inflated prices for a commodity that is practically non-existent. This time last year there was lots of promo grade 22 LR for $14.99 per 500 and in many instances even less, it was available at a reasonable price but no one was stocking up but now there is whining because they have to pay more for it. It's difficult for me to feel sorry for someone who did not take advantage and stock up when it was reasonable.
I do not plan on selling any of my 22 LR ammo or reloading components but if I were to you can bet I would price them at what the market is now - not what I paid for them.
drover
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