Scalpers are out of control

Roninco said:

Let's back up the turnip truck here. This is not price gouging by the seller. It is foolish spending by the buyers. The OP has run out a red herring. The seller set an asking bid below the normal retail price. Buyers chose to drive up the price to outrageous heights. That's all on them. Was the seller supposed to stop the bidding once it reached a "reasonable" limit and complete the sale? Auctions do not work that way. This is not a retailer setting a gouging sale price. And no, I am not involved in any of these transactions.

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Certainly sounds a lot like what someone would say who sells powder on Gunbroker

Not all were auctions starting low, were you not able to make it all the way to the 4th picture in the 1st post? I'll add it again since it was overlooked.

Yes, it's up to the seller to pay what they will. I would never pay those prices myself.

Are these price gouging? Seems like pretty reasonable prices? Capitalism at it's finest? Here's your Red Herring.

At this point auction vs fixed price is semantics. There are enough auctions to have set the market price. Are you telling me that if there were 7 sales at $100/lb each, with three fixed price and 4 auctions, that three were gouging and 4 were free market?

The seller doesn't set the price for the market...if they price it too high it won't sell and they will have to drop it. If anything, the fixed price may have been able to have been sold higher than they what they actually sold for while the auctions sold at their highest price.

DDWing said:

I am self employed. Have been for 49 years.

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Then I am guilty of not listening to my accountant, if she suggested that I not pay it, when I was a sole proprietor. Once I incorporated, the question became moot.

Reading through this thread I can understand how we got to where we are in this country.

Alex Wheeler said:

Reading through this thread I can understand how we got to where we are in this country.

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+1,000 agree

grouse said:

Hilarious. Love this. All of a sudden free markets are a bad thing? I guess only when it impacts you personally. Trump would support this. It's just business.

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It's the fact that these people are buying everything and then reselling it, not everyone has time to go and pick up or check if the local stores got a shipment in. A few of my local stores run out of everything 10 minutes after they stock it, because the same 3 guys go and wait the morning they stock after the truck shows up. Literally cases of ammo in all calibers

Squeeeeze, I have never sold gunpowder or anything else on Gunbroker. No bold type required.

Wow!!!! I'm sitt'n on a gold mine. Like gold.....I may start selling by the ounce!

Before I get slammed for being a "scalper".....my powder ain't for sale! I haven't slowly built my inventory for 30+ years, just to sell it off. I'll sell off my 401K first! memtb

Vossman5 said:

It's the fact that these people are buying everything and then reselling it, not everyone has time to go and pick up or check if the local stores got a shipment in. A few of my local stores run out of everything 10 minutes after they stock it, because the same 3 guys go and wait the morning they stock after the truck shows up. Literally cases of ammo in all calibers

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probably true. It's pretty much the way the market works. Those who can do, those who can't get the crumbs. Stock market, real estate, etc. pretty much all works the same.

squeeeeze said:

Or maybe it's the people paying these prices that make them so bold. Been watching powder on Gunbroker to see what the scalpers are selling for. Just saw 3-1lb bottles of H1000 sell for $515 plus shipping!
cant believe what this guy is asking for an 8lber, plus $50 shipping, PLUS 3.5% PayPal/credit card fee.

The hoarders are out of control again. Ok rant now over lol.View attachment 220001View attachment 220002View attachment 220003View attachment 220006

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Three months ago I got an alert email from Midsouth Shooters Supply that IMR4350 was in stock. They had no 8lb canisters. I immediately went to their website and tried to buy six 1lb canisters. They only had 3 left, so I bought the three. They were $27 each which I thought was reasonable, Add the hazardous shipping and it was more than I wanted to spend, but I bought it anyway. But this price at auction is nuts. I can't wait to see what happens when primers become available again. Midsouth currently shows the 1lb 4350 out of stock now but they have 8lb containers for $190 which is a decent price.

I was let in on a secret supply of Wolf primers by a fellow competitor and mentor about 4 years ago. I bought 15K of the SRM and 5K of the LR primers. I think it ended up at $.03 per primer. I heard about another friend/competitor who liked to use the Wolf SRM primers in his .223 F-TR rig. Since I rarely have been loading anything needing SR primers lately and have other suitable alternatives I decided to sell him 5K at 2 cents a piece. You get only in proportion of that which you give. These scalpers have their reward and I sleep very well at night.

Alex Wheeler said:

Reading through this thread I can understand how we got to where we are in this country.

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We are discussing it, even if convoluted and we need to clarify what we are writing. That doesn't happen in russia, china, nk and other countries. As uncomfortable as it appears, it is just a discussion and I've learned a few things.

Lol untag from this garbage

The Hogdon reload data http://www.hodgdonreloading.com/data/rifle lists 11 other powders you can use for the 338 Lapua. If your a competion shooter ypu probably won't be using H1000 to begin with. Why in the world don't you just use a different powder. I prefer using https://load-data.nosler.com/load-data/. They are unbiased to the powder companies and recommend the most accurate. So The brand of powder varies with the bullet weights. H1000 is never referred as the most accurate regardless of the bullet weight. Is there a reason you are so hung up on this 1 powder. If so you need to get over it.