You have commented 339 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Economy
The Bullet Bubble: Is Ammo The Next Bitcoin, Or Gold In The 1970s?
2013-04-12
h/t Instapundit
...HereÂ’s my theory: Bullets are easy to store, non-perishable, and they hold their value or even increase in times of crisis. So theyÂ’re a lot like gold or any other commodity that has served as hard money through the ages.
I think he means cartridges.
Posted by:g(r)omgoru

#8  Thank you for that link MS3153. I was going through that book and squinched when that item was mentioned as perhaps the most important in inventory. Then I learned its capabilities and thought of the as-mentioned benefits, then agreed.

Ammo materials are not non-perishable they must be taken care of, and are easy to store only if you have the space and are strong enough to move the boxes or patient enough to move them one tiny box at a time.

Twinkies had little value other than to the owner before there were suddenly none available and everyone wanted one, and if the spiget shuts off it could be a room of Twinkies could have more value than ammo, gold, or telephone stock. The ammo does more easily translate into pounds of deer than gold does (only if you have the rest of the kit, including a good knife), and better protects your room of Twinkies than pile of paperwork (again, only valuable to someone who has that caliber - other than a merchant).
Posted by: swksvolFF   2013-04-12 16:42  

#7  I suspect a lot of people are treating ammo like AT&T, buy and HOLD.

I'd rather have ammo than AT&T and I don't even own a gun.
Posted by: Ebbang Uluque6305   2013-04-12 11:44  

#6  Peace through superior fire power.
Posted by: Menhadden Sinatra3153   2013-04-12 11:24  

#5  Something akin to a defibrillator. If you need one and one is not available, chances are pretty high you'll never need one again.

I suspect a lot of people are treating ammo like AT&T, buy and HOLD.
Posted by: Besoeker   2013-04-12 09:17  

#4  Unlike Bitcon or Gold, it's likely to be 'consumed' in the next couple years or so and require more replacement. It's sort of like a reentry heat shield. Better to have pounds too much, than an ounce too little.
Posted by: Procopius2k    2013-04-12 09:04  

#3  I have been hunting for smokeless powder for a couple months. my preferred retail outlet says they have had it on back-order with several vendors since November.

hmmm... seems that something may have happened then that might be related.
Posted by: abu do you love   2013-04-12 05:50  

#2  I think he means cartridges

Actually, this whole sordid mess has affected hand loaders as well. So ....bullets, cartridges....either way it works.
Posted by: no mo uro   2013-04-12 05:26  

#1  Name another commodity the average fellow can buy and hold that has gained, in some cases, 100% or more in value in less than 2 years and is unlikely to experience a market correction ?
Posted by: Besoeker   2013-04-12 02:36  

00:00