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'The Red Ammo Scare' - Americans hoarding Russian ammo

By Alex Allen     Mar 10, 2014 in Business
Worried that new sanctions may affect ammunition imports, many American gun owners are scarfing up Russian ammo as quickly as they can find it.
There's no doubt that the US and Russia are in the midst of a heated battle. Many analysts, including former Secretary of State James Baker, are even calling the crisis in Ukraine a "New Cold War." This renewed "West vs. Russia" mentality undoubtedly has many Americans fearing the possibility of new sanctions on Russian imports. As a result, many gun owners are now worried that their favorite Russian-imported ammunition may soon disappear from the shelves in American stores.
According to the Washington Examiner, gun owners have been binge-purchasing cheap 7.62 x 39 ammunition from Russian manufacturers like TulAmmo and Wolf. These manufacturers are very popular among gun enthusiasts because of their cheap price. A box of 7.62 x 39 (AK-47) ammunition from any of these Russian companies is usually several dollars cheaper than ammunition manufactured elsewhere.
This sudden rush on Russian ammo is likely a result of hype on popular websites and gun blogs. The Bang, for example, ran a report several days ago warning of a possible shortage of Russian 7.62 x 39 and 5.45 x 39 ammo.
Despite the hype, manufacturers are reportedly running business as usual. Several Russian suppliers have been contacted and none have heard any credible reports of restriction on imports.
It's possible that many retailers could take advantage of this opportunity to increase the price on some of the Russian imported ammunition, much like what has happened with the popular .22lr cartridge.
More about Ammunition, Firearms, Russia, United States