The price of his store's ammunition has more than doubled since mid-December, says Larry Hyatt, owner of Hyatt Gun Shop in Charlotte, N.C., which bills itself "America's Largest Gun Shop."
I spoke to Mr. Hyatt today about the increase in the price of
ammunition since mid-December (when the gun control debate began to heat
up). Hyatt said that the ammo market is "very volatile" and that he
"doesn't know when the next shipment will be."
His best seller right now is .22LR caliber. Gun owners like to shoot
this caliber because it is typically a cheaper round and also optimal
for target shooting, known as "plinking".
A box containing 500 rounds of .22LR was selling for approximately
$20/box back in December. Today, Mr. Hyatt tells me he is selling the
same box for $49. This represents a 145 percent increase in price.-[Full Article]