Across the USA Large Scale Ammo Shortage

Across the USA Large Scale Ammo Shortage

Gun enthusiasts are buying firearms with unparalleled zeal. As a result, ammunition is in short supply nationwide.

“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. “The ammo shortage 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 (WMTFortune 500)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.

-Resourced from: CNN Money

By attending the Liberty Gun Show don’t worry about the rush or shortage of ammo.

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