Sunday, July 08, 2007

Ammo Watch

30 Day Base Metal Price Index:

Copper, Lead, Tin, Aluminum: Down approximately 5% over the past month. Warehouse stocks remain medium to high. Copper and Lead futures to remain relatively stable for the remainder of the year.

Foreign manufacturers continue to sell copper and lead bullets as well as loaded ammunition cheaper than American company's and this is made possible through lower manufacturing and labor costs. That's fine. Just stop blaming the raw materials for the increase in prices. Yes, Copper and Lead in particular are more expensive than they were 4 years ago. They've stabilized, but the ammo makers continue to say that pricing changes from day to day and this is simply not true as NO large company only buys enough stock to last 24 hours. They have us, where they want us.

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