Vista Outdoors Warns “Global Shortage Of Gunpowder” Will Set Ammo Prices On Fire

Via ZeroHedge

US sporting and outdoor products group Vista Outdoor warned in a letter to customers that ammunition prices are set to surge due to “an anticipated global shortage of gunpowder.”

Vista Outdoor confirmed the authenticity of the letter to Newsweek days ago. The increase of ammo and gunpowder prices is expected on Jan. 1.

“Due to world events our suppliers have notified us of unprecedented demand for and an anticipated global shortage of gunpowder, and thus has increased our prices substantially,” Vice President of Sales, Sporting Products Brett Nelson said in the letter.

Nelson continued, “We must, therefore, raise our pricing to help offset those increases.”

Ammo and powder prices at Remington, Alliant Powder, CCI, Federal, SEVI-Shot, and Speer are set to rise in the coming weeks:

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Fears Of Nationwide 9MM Ammo Shortage Sparks Panic Hoarding

Via ZeroHedge

The evolution of Americans panic hoarding during the COVID-19 pandemic has ultimately led to the stocking up on guns and ammo.

Gun shop owners report while there are no weapon shortages yet, a run on ammo has undoubtedly been seen across the country.

We first documented the run on guns and ammo in mid-March, identifying shops across many states with long lines of patrons, waiting to get their hands on AR-15s, shotguns, and handguns, along with the ammo for each respective weapon.

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