Wait til Obama figures out how to limit ammo.
Check it out:
While many individuals have looked at precious metals for moderate gains and even some losses over the last year, the combination of base metals like lead and brass have seen an incredible return–particularly when those base metals are combined to form .22 ammunition.
Think about it–from one year ago until now, .22 ammunition is up over 400%. It was approximately $21 to $23 per 500 rounds in May 2012, and it’s now $100 to $135 for 500 rounds.
.22 ammunition has been easy to find and cheap to buy for decades. For this reason, .22 rifles and pistols have long been among some of most popular firearms in America. In fact, the first gun I ever shot was my dad’s High Standard Double Nine .22 revolver and the first firearm I owned was a Marlin model 60 .22 rifle.
But following Obama’s re-election,there arose a sense of uncertainty among gun owners. And this lead to moderate runs on ammo. Then President Obama and other gun control advocates came out in force following the heinous crime at Sandy Hook Elementary, and .22 ammunition was literally sucked off the shelves.