Posted: 3/21/2022 11:44:53 AM EDT
| Will prices continue to drop or is this just a temporary lull? |
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Like I said in another thread with the increased amount of ads and emails promoting ammo there has to be a dam building up that will eventually need to be relieved. Brass case 9mm has steadily dropped the last two months , but 5.56 bounced back up with the Ukraine stuff. If you want Tula steel there are some ok prices now with free shipping if you look a bit. As always buy when you can and if you don't have a typical ARF stockpile , I feel bad for you. |
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Nickel passed $100,000 per ton a couple weeks ago. London LME shut down trading. https://www.bloomberg.com/news/articles/2022-03-14/inside-nickel-s-short-squeeze-how-price-surges-halted-lme-trading Copper futures are heading north and are predicted to go higher. I think the only thing that might prevent ammo prices from skyrocketing again is a recession which is now predicted to occur later this year based on the approaching inversion of the 2yr and 10yr T-Bills rates. We're in for a rocky ride. ETA: Forgot a zero. |
Best Regards,
TonyF
Training Forum Moderator
"... there's trained and untrained" (Denzel Washington -- Man on Fire)
TonyF
Training Forum Moderator
"... there's trained and untrained" (Denzel Washington -- Man on Fire)
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Originally Posted By TonyF: Nickel passed $100,00 per ton a couple weeks ago. London LME shut down trading. https://www.bloomberg.com/news/articles/2022-03-14/inside-nickel-s-short-squeeze-how-price-surges-halted-lme-trading Copper futures are heading north and are predicted to go higher. I think the only thing that might prevent ammo prices from skyrocketing again is a recession which is now predicted to occur later this year based on the approaching inversion of the 2yr and 10yr T-Bills rates. We're in for a rocky ride. |