- Jul 15, 2007
I'm far more concerned about the HOARDERS AMO GST US.......
Suppose you're out in the desert with a large group of people. Everybody went there on the spur of the moment and finally realize that they have nothing to eat. Being better prepared and with more foresight than the others, despite being just a small kid, you brought along 5 loaves of bread and two fish. What do you think you could get for that with 5000 hungry bidders?
That's just the way it should be.My father had an old saying, loosely translated from the Greek; "I close my eyes and sell, you Open yours and buy!" When I see what I think is price gouging I just walk away. If it is a store, I never shop there again.
Back in the Obama days, when firearms right before they were becoming hard find and expensive, I ordered a rifle from a "sportsman's warehouse something" and paid for it. Three days later, they told me my order was cancelled, and they listed the same firearm for twice the price. I walked away. Later, when firearms were back plenty they kept sending me emails to buy. I put them on the ignore list.
I have a couple of local stores, they get a few things here and there and limit sales to each customer, but prices are normal.
Those stores have enjoyed my support for over a decade. As long as they treat me fair, they will have my business.
That is my simple philosophy. You treat me unfair, you loose mine and my friends business for EVER! Life goes on!
I know what a price gouger is but what is a hoarder the benchrest guys that have 10-20 thousand rounds of supplies and shoot over 5000+ rounds a year or the hunter that shoots less than 100 rounds and keeps an 8 pounder and 1-2 bricks of primers. I don't blame people for enjoying their sport but I do blame people taking advantage of others in tough times
I believe the riots from certain groups and the alphabet agencies have attributed to most of the hoarding and price gouging because people are worried about what the future will be. 6-18 months ago there was plenty of supplies where I live, slimmer pickings now but still doable. I counted 10# of RL26 on the shelf lately and it was a different lot number from 2 weeks ago. I would offer to pick some up for others but I have no way to ship it. I will avoid getting involved I guess, wish it wasn't like this now. The hand loaders in the future may get some really good estate buys in about 10-15 years when the hoarders don't need them anymore.Personally I’m more ticked at hoarders than price gougers. If there wasn’t hoarding, we wouldn’t have price gouging. I want to buy powder and primers but somebody felt they needed to buy up all the inventory.
Great post! It’s refreshing to see some common sense!There is a difference between gouging, hoarding, and investing. If you've been through this before, and you knew it would happen again and you chose to invest in primers when you could buy 10 bricks and leave plenty for everyone else, you either invested in your future of shooting, or you invested in a product that you had the foresight to see that it would be in short supply, and figured somebody wasn't paying attention and you'd double your money. That is literally how all investing works, some investments are better than others....primers would have been a good one a year or so ago.
Most "hoarding" happens during low price times. (That's when I hoard) If your hoarding now, your gonna lose in the long run. Hoarding during low demand times doesn't effect the market during high demand times because the person buying up a bunch of say "primers" when the demand as been met only created more primers. Meaning that had he not bought them at that time, they would never have been produced. So if you think somebody is an A hole because he bought 50,000 primers that wouldn't even exist if he didn't buy them.....take a nice long look in the mirror.....you'll find your problem right there.
It sucks, but it's very basic, and it's how things stabilize eventually. This is a classic "bubble", ammo and reloading components have gone WAY beyond what they are worth, this drives speculation on value, (but the actual value did not change) which drives investing in these products at inflated prices, which drives the price even higher. Too many people seeing value where there is none, they've based their investment purely on speculation that the price will continue to increase, but it can't forever. The bubble eventually pops, leaving a bunch of fools with bricks of primers that might not even be worth what they retail for because the supply caught up, and then the fools try to "dump" their "asset" while the price is stabilizing, which further increases the supply while the demand is stabilizing. This creates a very sharp drop in price which will likely drop below the prices before the bubble, ( This is where I like to buy stuff!!!) until demand catches back up with supply.
Price gouging does not exist outside of needs. If I advertise 1000 rounds of 556 for 1500.00 bucks, I'm not gouging anyone, I don't have to sell it, don't want to sell it, and you don't need it. If you choose to pay me for it, your fool, and it doesn't really matter who ripped you off, somebody was going to get your money anyway.
I don't do this, I don't need to. You do have to understand that much of this stuff would not be for sale if it wasn't for the inflated prices, it's an important point that isn't being brought up. Your seeing a lot of people selling stuff that they don't want to sell....but as they say "everything is for sale".
Obviously, there are some vultures out there, but that's nothing new.....they are always there preying one the weak, just so happens they're playing in our world at the moment.
By laws and a logical standpoint, you are correct. I myself can't think of a replacement word for Gouging other than maybe fleecing. Price gouging just works and is understood by most, whether out of context or not.There is a difference between gouging, hoarding, and investing.
Price gouging does not exist outside of needs.