What Stimulated the Gun and Ammo Market?

by R. Brent Mattis

Since Obamas victory in November, Smith and Wesson and Ruger, the only two publically traded US gun makers, have experienced major increases in their stock prices. Ammo manufacturers are running 24/7 attempting to keep up with demand. Military-pattern semi-automatic rifles, including AR-15s and AK-clones are expensive, stocked-out, or both. Are these price increases “gouging,” as some would say, or are they a natural response to the forces of supply and demand? If these prices are elevated over normal conditions, will they continue to soar upwards? To both questions I say, “No, there is no gouging, prices will probably fall in the future.” ……

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