WW3 Fears Trigger American Panic-Buying Of 5.56 Ammo, Prices Surge 39% In A Week

Via ZeroHedge

As the Israel-Hamas war sparks fears of WW3, law-abiding Americans are streaming the chaos in Israel and Gaza on their smartphones or smart TVs and have come to one conclusion: It’s time to panic buy ammo (just like during Covid). 

New data from the ammo tracking website Ammo Prices Now shows 5.56×45mm NATO caliber ammunition listed online by popular brands has surged 39% in the past week, from .36 per round on Oct. 14 to .50 per round on Sunday.

The price spike is significantly larger than the move in early 2022 when Russia invaded Ukraine. Also, 223 Remington surged 42% last week.

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Visualizing The Rise And Fall Of Ammo Prices

Via ZeroHedge

Ammo prices across all calibers are coming down in price since April but remain well above their pre-COVID levels, according to Redditor “chainwaxologist,” sourcing data from Ammo Seek.

Readers are pretty familiar with the massive grab for guns and ammo during the virus pandemic and social unrest of the 2020s. The result of unprecedented demand resulted in gun and ammo prices reaching historic levels. At some points, there were even shortages.

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