Yes, I do believe primer and powder prices will go down some. Maybe not for another year or two, and maybe not to past norms, but certainly down from in here.Does anyone really think Pirces will go back to normal? What is Normal?
Right now if you have powder/primers and sell them-you probably need to sell at todays price and hope to get them replaced at the same price. Probably not going to happen the way prices are increasing and the availability of powder/primers!
The reason I believe this is outlined in my post on the history of inflation
in the politics and guns section of LRH.
Inflation has been running 8 to 9 percent. The FED has raised rates every month for 3 months at 0.75 %
Mortgages have now gone from 2.5% to 7%. The Fed got way behind the curve. Now they are playing catch up and appear determined. Do not confuse the Fed w Biden etal......2 different outfits. Biden etal are still fueling inflation spending like drunks.
Inflation Reduction Act--Ha!
The Fed though is going to crush inflation or die trying. Picture it this way. Biden is pressing the accelerator. More gas (just not fossil fuel).....The Fed is punching down hard on the brakes, and the car (the economy) is rocking and bucking like a spotted Jackass w a saddle.......witness the stock market.....
The Fed will eventually win this battle w consequences...... the car will crash, ie, the economy crashes in recession. It will stall out from braking while petal to the metal.
Rates on mortgages may go to 10 % or more. When did you last see that?
Financial assets will be hammered.
Folks will cut back and not spend, not on powder or primers.
New primer supply is also coming.
That, imports, and a recession will eventually cause primer and powder prices to pay attention. The cure for high prices is high prices.
It will take another year to reign in 8 or 9% inflation to something below 3%. Maybe 2, but it will get there.
Demand will really shrink if we have Putin use tactical nukes or China invades Taiwan. In that case look for Dow Jones below 20,000.
I cant imagine powder and primers
staying where they are in a higher interest rate environment, but Putin and Xi could be the wildcards.
Otherwise, high rates, recession, new supply, imports, and substitutes will regulate prices back down in a year or so.
My 2 cents