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Which followed the pattern I described. Demand increased on a product that could not be produced in higher numbers, price increased. Once demand fell, prices fell to the breakeven point.I just remember $600 ARs increasing in price to $1500 in one day then eventually being overstocked and selling for $450. Product cost didn't increase just demand. So milking it as hard as possible when the getting is good seem to be the pattern. Not that I blame them. I've gotta decent ammo stash but if I decide to practice twice a month it will drain out eventually.
Which followed the pattern I described. Demand increased on a product that could not be produced in higher numbers, price increased. Once demand fell, prices fell to the breakeven point.
No new machinery was bought on a large scale. Some companies invested in higher capacity and they went under, when lower prices could not support loan payments on the new equipment.
So production on existing machines was increased to meet the demand. Demand still outstripped the supply. Instead of buying more machines, producers raised prices. It priced some of the buyers for whom ammo was less important than other needs.
Demand fell, so did the prices and production on existing machines.
What point are disagreeing with? I never said prices will not come down. Show me where I did.
Remington filed for bankruptcy, btw.While its true some companies are hesitate to invest in thing like buildings and machines because the demand for ammo has serious highs and lows, some actually did get new factories and machines. Remington invested $32 million in a new facility in Arkansas and I want to say another larger manufacture did as well. I guess my other point was that prices fell to a breakeven point. I think prices fell lower than what I had seen since Obama was in office so pre-2008.
Remington filed for bankruptcy, btw.
Prices will fall, eventually, unless we have new variables, such as banning ammo imports, restricting import of components (lead, we no longer smelt lead in US, primers, etc)
We are on the same page, mostly.
No one knows what will happen, or the timeframe.
Same investors that owned Remington, ownes Dominion. Can they run Dominion into the ground?Yeah I agree. I was moreso just trying to have a discussion.
We all know Remington's bankruptcy and financial issues go beyond opening a new facility.
Same investors that owned Remington, ownes Dominion. Can they run Dominion into the ground?