Monday, April 27, 2020

Fear or Prudence?

Fears Of Nationwide 9MM Ammo Shortage Sparks Panic Hoarding [More]
Anybody only prompted by recent events has other issues.

[Via bondmen]

Posted by David Codrea at 4/27/2020 11:31:00 AM

1 comment:

Ed said...

We have seen this before with tulip bulbs and plague:

https://www.barrons.com/articles/the-real-story-of-the-dutch-tulip-bubble-is-even-more-fascinating-than-the-myth-youve-heard-51557666037

So, when supply and demand readjust, this firearms and ammo bubble shall collapse as well. Remember that prices were much lower in January and February. If you spend more now for firearms and ammo you are spending less for fuel as demand for petroleum products has dropped.

In the meantime, I would be more worried if more meat processing plants go offline and farmers raise less animals and other food products get plowed under instead of harvested.

4/27/2020 4:32 PM

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