He told me, "If you're planning on getting any ammo, do it now. The price of lead and copper is going to go up."
He mentioned that China is gearing up for war, and we are already involved in a couple of conflicts. So, military demand for lead and copper, naturally, is going to affect market prices for us civilians.
Matter of fact, Dave told me that if you look at a Cabela's catalog, flip over to the ammo section. Under .223 there is a disclaimer about the availability of that caliber due to military and law enforcement demand.
I looked up the matter, trying to see how much truth there was to the China deal. I mean, why would China be gearing up for war? Against whom?
I came across this article in The Statesman. Excerpts:
In a move that surprised the international strategic community, it was announced at the Fifth Session of the 10th National People’s Congress that China’s defence budget for 2007 would be 350.92 billion Yuan (US $45 billion), an increase of 17.8 per cent ($6.8 billion) over the previous year. Though Chinese analysts sought to pass off the rather steep hike as having been “caused by the sharp increase in the wages, living expenses and pensions of 2.3 million People’s Liberation Army officers, civilian personnel, soldiers and army retirees,” the world was skeptical.Indeed. I don't think army retirees are really that much in need of the following:
...aircraft carrier under construction, the acquisition of SU-30 fighter-bombers and air-to-air refuelling capability, the drive towards acquiring re-entry vehicle technology to equip China’s ICBMs with MIRVs...Along the way, I had discovered several articles mentioning alliances between China and Russia, and, of course, Putin's anti-Western rhetoric. It's the 1970s all over again (only this time, without all the polyester).
Confirming increasing copper prices can be seen here, and lead and ammunition prices in a very informative article right here.
Excerpt from the latter:
There are, however, other things that are going to affect the cost of enjoying the outdoors in the coming years. One of those is the cost of metal, which is on a steady climb upward for several reasons, one of the biggest of which is the export of scrap metals and raw materials to China and other emerging industrial nations. Much of the goods we buy today are manufactured in countries where it is cheaper to produce them because of cheaper labor and less stringent, (non-existent) pollution regulations. These countries, besides producing inferior goods (just look at all the recent recalls), are scarfing up metal at an alarming rate.With the material cost of outdoor sports rising, it seems that the only outdoor enthusiasts who won't be affected by will be nudists. Not a terribly viable pastime here in Alaska, where it is cold 8 months out of the year, and mosquito-infested the remaining four.
Thankfully, I still have a sizeable stash of .45 and .44, plus reloading components for .44. I did some plinking yesterday, overseeing some boys with their .22 rifles while wowing them with the power of a .44 magnum. Probably the last time I'll do some full-out blasting for a good while.
Speaking of which, here is a shot showing some of the aftermath of yesterday's blastfest:
We were shooting cans off the drum I am sitting on. The boys were very good shots, able to hit that spent .410 casing from 25 yards out.
I managed to impress them with blasting the cans off the drum at the same distance. But, it seems that the sheer power of the .44 was more responsible for it than my own accuracy.
Please note the holes on the top of the drum. I put those there.