Maybe the insanity is taking a different twist?
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Old 05-23-2013, 01:18 AM   #1
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Default Maybe the insanity is taking a different twist?

In my area, I've just noticed in the past two days, people are starting to trade GOLD AND SILVER for ammunition. And we're talking .40 and 9MM.

WTF???

I know it can still be scarce, but I can go to the LGS right now, and spend every penny I have on a single caliber of ammo and not put a dent in their stock. That's not saying much, as I don't have much money, but it'll put a few thousand rounds of .45ACP in my closet.

Are some folks really that desperate? I really don't like seeing this, because it can only mean bad things for the rest of us.

It's been bad enough that some people have been doing a lot of buying and reselling at gouged prices for cash, but now that those particular ass holes are about to learn they can get gold and silver?

Oh come the phuk on!!!

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Old 05-23-2013, 01:47 AM   #2
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it just means Gold an silver are making a slow comeback as day to day currency.
Nothing wrong here

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Old 05-23-2013, 02:03 AM   #3
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it just means Gold an silver are making a slow comeback as day to day currency.
Nothing wrong here
If that were the case, I'd be cool with it. But in this day when some people are asking over $100 for a brick of .22, and getting it, I don't know man...

When I see people paying for groceries and gas in gold and silver, that'll be an entirely different story. I'll start wiping my butt with the green stuff.
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Old 05-23-2013, 02:09 AM   #4
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I would not spend gold/silver on ammo. I have swapped some silver for a couple different guns. Since I started reloading I have been able to skip the constant hunt for factory ammo.

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Old 05-23-2013, 03:41 AM   #5
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A buddy was so desparate for ammo, he traded his Glock 17L for 3000 rounds of assorted handloads. Yeah, I might have $300 invested in the ammo. I got myself a nice conversation piece.

Oh, and no, it did not make a dent in my supply.

I traded the same guy 240 rds of .308 SP handloads for a case of .30-06 AP about 6 months ago.

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Old 05-23-2013, 04:51 AM   #6
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Ammo is a consumable and gold/silver is a commodity. Totally different. However, since I think gold will be going down in the future, perhaps it ain't such a bad idea.

In Oregon I've seen people selling stuff for Au/Ag, but not the other way around. For example, a guy was selling a PMag for $1!! The trick was you had to buy it using silver coins.

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Old 05-23-2013, 05:05 AM   #7
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Your gun stores availability is not the same as everybody's. I can't buy .22 or 9 no matter what. Walmart here doesn't even have 12 gauge. They only have .270 and 300 win mag. A local gun store has .40 today but not tomorrow.

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Old 05-23-2013, 10:23 AM   #8
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Your gun stores availability is not the same as everybody's. I can't buy .22 or 9 no matter what. Walmart here doesn't even have 12 gauge. They only have .270 and 300 win mag. A local gun store has .40 today but not tomorrow.
Mine isn't the same as everybody's... But it's the same as theirs.
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Old 05-23-2013, 12:25 PM   #9
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Quote:
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Ammo is a consumable and gold/silver is a commodity. Totally different. However, since I think gold will be going down in the future, perhaps it ain't such a bad idea.

In Oregon I've seen people selling stuff for Au/Ag, but not the other way around. For example, a guy was selling a PMag for $1!! The trick was you had to buy it using silver coins.
Then in reality he was selling a PMag not for a dollar but for $22.73.
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Old 05-23-2013, 12:40 PM   #10
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I'll be honest, this guy was so damn lopsided on the deal he was offering, I almost took advantage of it. Someone else has beat me to the punch though. His offer stood for about 20 minutes before someone took him up on it.

He was offering about 20 ounces of silver for 200 rounds of .40. (ingots)

What does that come out to? I'm pretty sure it's way above market value.

Another guy is offering two gold chains for 100 of 9MM.

Of course, I don't know if either of these are the real deal.

I may become the person I hate, and go stock up on 9 and 40 just to wait for this offer to come around again.

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