In
the context of what Mike Ruppert is saying, this takes on a special
sigmnificance.
As
a non-American living in a country where bearing arms has never been
a god-given right and where we have always had gun controls, it has
always been a bit hard to understand the American obsession with
guns.
However,
whatever you think of what the 2nd Amendment actually
means, it is clear as day to me, that in the context of everything
that is happening, that this is a confiscation of weapons that suits
the fascist state, just as much as any other measure suppressing the
liberty of American society.
Gun
shops face massive ammunition shortage
Gun
enthusiasts are buying firearms with unparalleled zeal. As a result,
ammunition is in short supply nationwide
12 March, 2013
"We
can't get any inventory within a 100-mile radius," said Mark
Campbell, owner of Mid America Arms in St. Louis. He's having a hard
time keeping ammo in stock. "It started right around the
election, as soon as President Obama mentioned gun control. But right
after the school shooting in [Newtown] Connecticut, that's when it
went crazy."
Even
the big ammunition retailers are feeling the pinch. Wal-Mart has been
rationing its ammo since January, to three boxes per customer per
day. And when a gun retailer like Cabela's (CAB) gets two or three
shrink-wrapped pallets of 5.56 mm or .223 ammunition for AR-15
assault rifles, they're "cleaned off like locusts, within a
couple of hours," according to Brian Rafn, a research director
at Morgan Dempsey Capital Management in Milwaukee who follows ammo
manufacturers.
"You're
talking about a massive civilian arsenal build up," he added.
As
demand has climbed, so have prices, from $12 for a box of 50 rounds
for assault rifles to $25 a box, said Rafn.
Ammunition
manufacturers declined to comment on whether they've ramped up
production, but Rafn expects that they have.
"They're
probably [working] three shifts, seven days a week plus overtime,"
Rafn says of manufacturers like Alliant Techsystems (ATK, Fortune
500), Olin (OLN), Winchester, Hornady Manufacturing and Remington.
"They're probably scrambling to build new plants like they
haven't done in eons."
Anecdotal
evidence certainly suggests they're busy.
Related:
Gun maker CEO: 'We're selling everything we make'
The
answering machine at Hornady Manufacturing in Grand Island, Neb., has
an outgoing message that says "call volume, order volume and
demand for product has increased dramatically," delaying bullet
shipments to distributors.
Caleb
Ogilvie, a concealed-carry instructor who works at Cabot Gun &
Ammo in Cabot, Ark., has heard from various employees at the nearby
Remington ammunition plant in Lonoke that "they're running full
swing up there, running 24-7."
But
Ogilvie said that it's tough to keep ammo on the shelves, despite his
shop's proximity to the plant, a mere 15 miles away -- especially the
once-ubiquitous .22-caliber.
".22
ammo, you cannot find anywhere right now," he said. "It's
popular. It's cheap. People want to go out and target shoot. People
just want to go out and plink."
One
gunshop worker was too busy with customers to even speak to CNNMoney.
The man who answered the phone at Shootin' Shed Gun Shop in West
Winfield, N.Y., said, "Sir, you're talking to the only
[employee] in here and there's nine people standing in front of me."
The
recent sales activity comes even as one survey suggests a broader
decline in gun ownership. A survey by researchers at the University
of Chicago released last week found that 34% of adults owned guns
last year, down from 49% in 1973.
But
respondents weren't asked how many guns they owned -- just whether
they owned any. And much of the recent activity is not reflected in
that survey: According to FBI data, seven of the 10 biggest weeks
ever for background checks for guns have occurred in 2013.
Industry
experts and insiders say the congressional debate over gun control
proposals, including background checks and a new assault weapons ban,
is helping fuel sales now.
As
gun lovers buy up weapons that may be banned or restricted, shares of
companies like Sturm Ruger (RGR) and Smith & Wesson (SWHC) which
make assault rifles (but not ammunition) have skyrocketed.
And
if you haven't bought an assault rifle yet ... forget about it.
"If
you were going to order an AR-15, you're going to be waiting two
years," said Ogilvie.
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