Well, since Obama got elected, there has been a MAJOR buying frenzy for guns and ammo, with MANY stores having ZERO stock on shelf, gun shows being crowded, and price of ammo jumping like crazy.
However, I have been keeping a modest supply of ammo on hand (yes, one day you will see me on the evening news, will say something about HOARD and ARSENAL

) as in- good sale on 9mm? Get 2 cases. Put it in with the other- it will keep. So while there has been panic buying, I have not been buying- but AM reloading. Eventually panic will die down, and prices go back down.
And 22 is still fun to shoot. Spent morning at range trying to put several 22 bullets thru same hole at 50 meters.