My mom wanted to go to the range to learn to shoot. We went to Wal-Mart to get some ammo. The clerk laughed when I asked. He said, “sir, if you wanted ammo, you’re late. The truck unloads at 7am and we’re out at 8am. People know what day the trucks come in and they are here waiting. So, why does Wal-Mart not have ammo? That would be ammo retailers who are treating Wal-Mart like a wholesaler.
I have an inside source in Wal-Mart. I have a son who works at the Super store in St. Helens. He calls me when they have a shipment and I rush right down there and get a box of my favorite caliber. Sometimes, when I remember, I will give him money up front, and he will go ahead and buy some on the day it comes in (with his employee discount). Anyway, through this venue, I have “sources” that tell me the truth. The internet rumor is that Wal-Mart has stopped buying ammo until it knows how Washington will shake out on gun control issue… this is simply false. In fact, my source says that stores continue to get ammo all the time but it is snapped up by customers (and family of employees) immediately. Quickest to sell are 5.56mm, 9mm, and 45 ACP ammo.
But why did Wal-Mart sell out so quickly after the Sandy Hook shootings? The reason is simple. My source says that the very day of the shootings, managers of licensed gun stores went straight to their local Wal-Mart’s and cleaned the shelves out. They took the ammo back to their own stores, locked it up and let it sit for a couple or three weeks. Then they put it out for sale at double what they paid.
Source cited one Wal-Mart where a gun-store manager came in and bought $6,000 worth of ammo, paying in cash. That was every box of ammo the Wal-Mart store had in stock.
Makes sense, when a product is sold at a price below market equilibrium, you can expect it to be snapped up and resold. This effect is well known by anyone who has ever bought a scalped ticket to a concert or sporting event for multiple times the original price.
Just a tip… No matter what the Liberals might say about the economy and their kooky methods for fixing it, , the market never goes away. People will always pay what the market demands.