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Thread: 223/5.56 Ammo. dryiny up quickly

  1. #41
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    rhino;

    i am no economics prof'. but, like was said above i feel that the dollar is devalueing due to $1 used to be backed by $1 worth of gold, now the ratio is much greater and coupled with the trade defecit you have the graph posted above.

    historically, not too many years ago the u.s. dollar for many decades bought about $1.50 canadian, today $1.20-1.30 canadian.

    i feel that 10-20 years from now china will be a super power and we may no longer will be...
    Cold Zero

  2. #42
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    Ammo is of course being diverted to the war, but that doesn't account for all calibers increasing. The fact is that our ammo prices are going up due to the price of copper slowly but surely going through the roof.

    It's true that Asia's demand is growing, but they are known to have vast copper resources, particularly in Mongolia.

    Ever wonder who owns those large copper mines in Chile that supply the vast majority of the US market? Drum roll.....your old buddy Exxon!







    .-

  3. #43
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    Quote Originally Posted by Cold Zero View Post
    i feel that 10-20 years from now china will be a super power and we may no longer will be...
    Hopefully we won't allow that to happen.

  4. #44
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    Fixed it for ya...

    Quote Originally Posted by Cesiumsponge View Post
    Ron Paul calls it the sinister "inflation tax" because everything you own is devalued because it's all based on the US dollar. The government printing trillions of dollars to pay for its own bills is much easier than paying it with trillions of dollars of goods extracted from productive taxpayers.
    Governments create no wealth. Government sells assets previously seized, taxes, borrows, or "prints" money to pay its ever-increasing bills for war and welfare. "Printing" means that bonds which cannot be sold are "monetized" by the central bank, i.e. that bank "buys" them with a check made good by crediting money (magic) to their own checking account.

    If you or I did this, it would be counterfeiting, fraud or both.

    Think of an auction (free market) for ammo. Then imagine one bidder (.gov) can manufacture its own money and bid; other bidders must work, be taxed and save for their bids. Who will get the ammo? Will the money the other bidders slaved and saved for be worth more or less than at the beginning of the auction?

    Now, ATK has contracts to produce ammo for the .mil and is paid with the "printed" money. [Note: We may get access some of the sweepings off the floor.] ATK uses the money to bid up the price for components which all ammo manufacturers must buy. The federales of .gov also get some of the printed money and compete for ammo produced outside of Lake City, bidding up component prices and bidding up the actual cost of ammo as well. Homeland Security grants (more of the "printed" money) get used by local.gov to enter the ammo market, as well as local tax money.

    The supply of ammo is pretty inelastic (fixed); the demand for the ammo due to available money is elastic (and, in this case, increasing due to more .gov money and more slaving and saving AR owners). The law of supply and demand (which congress cannot repeal, despite its best efforts) dictates both component and ammo prices rise.

    rhino- About all I can say regarding the euro is this: If folks perceive that the euro is being inflated less rapidly than the dollar and it is a better store of wealth, it is therefore prudent for them to buy and sell in euros. Then sellers will sell things like copper, lead and zinc for euros instead of dollars. Dollar holders must then add more dollars to the bid to make the purchase.
    Last edited by Submariner; 05-16-07 at 17:36. Reason: bad grammar
    "The very purpose of a Bill of Rights was to withdraw certain subjects from the vicissitudes of political controversy, to place them beyond the reach of majorities and officials and to establish them as legal principles to be applied by the courts." Justice Robert Jackson, WV St. Board of Education v. Barnette, 319 U.S. 624 (1943)

    "I don’t care how many pull ups and sit ups you can do. I care that you can move yourself across the ground with a fighting load and engage the enemy." Max Velocity

  5. #45
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  6. #46
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    [
    Ever wonder who owns those large copper mines in Chile that supply the vast majority of the US market? Drum roll.....your old buddy Exxon!
    .-[/QUOTE]

    Actually, Exxon bailed out of the copper business (returns were too low for them) right before the price run-up. The big producers in Chile are Codelco (consisting of the Chilean nationalized operations with the Chuquicamata, Radomiro Tomich, Andina, El Salvador and El Teniente mines), which is also the world's largest copper producer, and BHP Billiton (an Australian company which has the Escondida, Spence and Cerro Colorado mines). There is still some U.S. copper production in Utah, Arizona and New Mexico mainly from RTZ and Freeport owned mines, but U.S. consumption of copper exceeds production just as it does for oil.

    The U.S. strategic metal stockpiles were sold off in the 1980s at low prices, so there is no help there either. New mines and expansion projects should take the copper price down no later than 2008.

  7. #47
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    I still remember in 2006 when Wolf and Barnuel 7.62x39 went to $200 per 1000 or $300 per 1000 rounds because no one had any and when the contract was up it is now almost everywhere I go. Not at $2.75 a box but at $3.60-$4.00 a box unless you go to Academy. Then it is more.

    You can now get 7.62x39 for 150-189 per 1000. Not bad wish I still had my SKS.

  8. #48
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    The price on ammo seems to keep creeping up. No one anticipates any relief. Oh! the good old days.
    The Second Amendment is Homeland Security

    Remember New Orleans

  9. #49
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    I found some UMC green box at Wal-mart the other night for $6.35; the last time I checked there it was $ 7+. I picked up 5 boxes.

  10. #50
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    I have AE 55gr in stock and Federal XM193 on the way if anyone is interested.


    C4

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