- Apr 13, 2019
- Nipawin, Saskatchewan, Canada
I know this is true, mostly seeing some humor in the situation. It is indeed a feast/famine market and economy. All the more in this COVID season, brings out the crazy in people - I recall when the panic buying started someone on one of the threads offered (jokingly I hope) to trade an 8lb keg of h-1000 for a palate of toilet paper!. Interesting times for sure.No, the free market is designed to have equilibrium. The manufacturers are certainly considering expanding capacity but they have to balance that out with having underutilized factories when things settle down. If prices stay this high competition will enter due to attractive margins and that will drive things down to equilibrium.
We all know this market...things go from equilibrium to incredibly scarce with, often times, little to no warning. We need to adjust our behavior and know how to compete as buyers in this market or we will be faced with a choice of making due with what we have, using a substitute powder, or paying outrageous prices.
I paid $90 for primers, which is outrageous in some ways at 3x the price, but for me the $60 wasn’t a large price to pay to be fully equipped with all the components I will need for a few years with each of my rifles.