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.
Continue reading “WW3 Fears Trigger American Panic-Buying Of 5.56 Ammo, Prices Surge 39% In A Week”