I’m relatively inexperienced with firearms, but have noticed that the price off ammo has fluctuated greatly over the last 1.5 or so years. For example, where I am, a 50 count box of 9mm has nearly halved in price from ~$20 to ~$12.
Is this due to COVID or is this sort of thing typical of the industry? Thanks in advance.
Aside from the random news cycle panic buying, there’s also a decade long cycle when the government restocks and causes shortages. Usually accompanied by news reports that the government is stocking up to come after your guns.