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Do you think price of lead has bottomed out?

Discussion in 'Shooting Related Threads' started by striper, Apr 24, 2009.

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  1. striper

    striper Member

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    Looking at the price of the commodity chart it has reversed the down trend. Sub 20.00 a bag may not be reality for many of us. Yes or no?
     
  2. Beni

    Beni Member

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    Just paid 24.25 for lawernce up 1.50 from 1 month ago
     
  3. grnberetcj

    grnberetcj Active Member

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    Not yet.

    Curt
     
  4. Lead Man

    Lead Man TS Member

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    As the dollar goes down in value the price of commodities will continue to rise. Look at the value of the dollar and make a decision. Lead is at $0.66 up from $0.35 earlier in the year.
     
  5. dverna

    dverna Active Member

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    I just bought 80 bags. I am not smart enough to predict where the bottom is; but prices now are not bad considering what we saw a year ago.

    If it ticks down another buck, I will buy another ton. Shot keeps for quite a while and I will use it up or trade it for other components. "Safe" storage of a three or four year supply is easier than storing powder or primers by the book. Also, it is unlikely to be regulated if the government goes after legislating "reasonable" quantities of ammo, powder and primers.

    The way we are printing money, it could be a better play than investing in CD's. If not, I have my shot paid for; and I can shoot with minimal additional expenditure for a while.

    Don Verna
     
  6. shot410ga

    shot410ga Well-Known Member

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    Yes, it's reached the bottom, and going back up.
     
  7. Bubba

    Bubba Member

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  8. Jerry944t

    Jerry944t Well-Known Member

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    Yes, my last purchase was $23 for Lawrence Magnum. My supplier says the next shipment will be higher for shot as well as loaded ammo.
     
  9. AveragEd

    AveragEd Well-Known Member

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    Our wholesale amounts have risen over the past three weeks. I think that the shelf price of shot will drop a little more before the increase takes an effect but I wouldn't wait too much longer to buy.

    Ed
     
  10. RogerNRA

    RogerNRA TS Member

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    Yep. It's on its way back up........Roger
     
  11. Gunnerandbabe

    Gunnerandbabe TS Member

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    Kemens came down. They were 49.95 last now 47.50.
     
  12. Mark Spears

    Mark Spears Member

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    Gunnerandbabe,
    Where are you finding Kemens for that price?
     
  13. stokinpls

    stokinpls Well-Known Member

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    Also, people are hoarding it now, and the guy always bought from can't get any 8s. Like the change?
     
  14. grnberetcj

    grnberetcj Active Member

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    Demand is up (way up) and supply is down (for now).

    Hasn't hit bottom yet. May go up slightly due to demand, but once that has been met and inventories sit, it'll go down.

    'tis the way it is.

    Curt
     
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