Letter Re: Ammunition Prices in the Future?
Jim, I followed the link today about ammo production declines. Do you have any idea how this may effect pricing to the public? I hear from some folks that they expect ammo prices to drop as more of the stockpile hits the market after the (hopeful) end of hostilities in Iraq, et cetera. I wondered if you had an opinion of how things may evolve. Thanks, – Jason in Idaho JWR Replies: I expect ammo prices to remain high, and in fact continue to climb as long as global commodities prices–especially copper and lead–remain high. The world’s credit markets are …