As some of you probably already know, ammunition surpluses have dried up again and everything is out of stock or subject to obscene prices increases from just a few weeks ago. Demand got so high that my favored site, SGAmmo literally shut off any new orders until they can clear the backlog. This happens periodically. The most recent time in memory was 2012. Supplies didn’t recover until 2015-2016, and production overruns from increased supply led to a massive glut and an era of historical lows circa early 2017-early 2020. While the whole Global Pandemic thing didn’t help, demand was already on a sharp uptick due to the 2020 election. Production has also tapered off because of the 3+ year glut, so prices are likely to stay high for at least a couple years while production ramps back up. If it does.
Did you learn your lesson in 2012? If so, what did you stock up on during the glut? If not, or if you weren’t into recreational or competitive shooting until recently, what are you going to do about it during the next glut era?
From 2012-2015 I was basically unable to go to the range, as I only ever kept at most 1000 rounds of 9mm at a time, and maybe 500 rounds of .22lr. I didn’t own an AR or any other intermediate cartridge rifle in 2012, and didn’t purchase my first stripped lowers until 2013. That was in response to the impending Maryland Assault Weapons Ban. I was not prepared for that either, and have spent the last 7 years trying to ensure I wouldn’t be caught flat footed again.
What was my preparedness strategy? Well, I laid down a lot of ammo in various cartridges, and I diversified my supply. In terms of ammunition varieties, I a lot of choices. 5.56, 5.45, 7.62x39, 9mm, .308, etc etc etc. I also bought up a lot of ammo to feed old milsurp rifles I own, such as GP11 for my Swiss straight pull rifles.
Many prefer to keep ammo varieties to a bare minimum and stack DEEP, say 10k+ in one rifle, pistol, and rimfire chambering. Others roll their own and stack components deep.
What did I do well?
Well I am a collector at heart, so I have a lot of guns, a lot of magazines, and a lot of ammo. I can happily spend the next 2-3 years going to the range regularly to shoot SOMETHING, and the variety of firearms I own means I will be able to stock up as soon as prices start to fall on one or more of the common cartridges.
Where did I fall short?
I got a little complacent about 5.56 and 9mm, and probably should have another 1-2k rounds of each. I will probably be fine, but am down to maybe 3000-4000 rounds of plinking ammo for 5.56 and 9mm, instead of my preferred 5000 rounds.
.308 I got real complacent on and am down to probably 500 rounds of plinking ammo. But my .308 AR was built from the ground up to eat steel cased dumpster ammo reliably, so I will likely be fine. Just wish I’d stocked up on a few thousand rounds of 27 CPR Tula and wolf.
I have A LOT of 5.45x39 ammo but only 1 rifle. The shortage of 74 pattern rifles means that my only 5.45 gun is worth upwards of $3000 in current condition with the box, plus a lot of my mags are worth $100+ each, so probably another $1000-$1500 in value. Hopefully PSA comes out with a cheap 74 rifle I can SBR to 12.5" and beat the crap out of in 2020.
I probably should have invested in owning another common pistol cartridge. I own a 1911 in .45 ACP, but I don’t really enjoy shooting it much and may dump it + what ammo I have left from the original case I bought while prices are high. I’m not sure what I would do different next time. .45acp doesn’t do much for me, .40 is stupid, and 10mm/.357 Sig/etc is a lot more ass than I really care for in a pistol. Maybe I’ll bump my 9mm supply up to 10k next time it is cheap. I have a lot of .38/.357 for one of my lever guns, so maybe I should buy a revolver or one of those ridiculous Coonan .357 1911s.