Sunday, October 30, 2016

I Should Have Heeded My Own Prediction And...

...taken my own advice to buy more 7.62x54R ammo when the prices were still low and said ammo was still plentiful. Sadly, the last order I placed for said ammo was back in June 2013, the same month I wrote the linked blog-post. Sadder still is the fact that back then, a sealed tin of military surplus, usually of Russian or Bulgarian manufacture, was going for 89.95 plus shipping. My last order worked out to a total of $110.98. Shortly after that, prices went up maybe $20 - $30 per tin of 440 rounds. I held off on getting more of it and that was a mistake. Today, when I gave a look to see if any was available, I was able to find a place, FedArm, offering 440 round tins for $164.59 plus $18.00 shipping thus making it a total of $182.59. They only have 6 shown in stock.

Wow, what an eye-opener was that! It does not look like I will be buying another 440 round tin for right now. I would love to buy one today because I only can imagine that they are going to go even higher in price but with the recent new car that is not going to happen soon. That is unless I sell another gun or three and by that time my guess is they will be out of stock.

By the way, the reason for the shortage of this stuff at the current time is, by my guess, related to some restrictions the Obama Administration placed on imports from Russia during the last year or two or so. Just another reason to vote for Donald Trump.

All the best,
Glenn B

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