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Shot Cost

Discussion in 'Uncategorized Threads' started by Recoil Problems, Oct 1, 2007.

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  1. Recoil Problems

    Recoil Problems TS Member

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    Any hope in sight for the end of this stupid shot war.
    Pretty soon nobody will load another shell at these prices
     
  2. JPSemper

    JPSemper Member

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    I was at the new Cabelas in Hoffman Estates, IL last week. They had shot on sale at $49.99 a bag. What a deal. They had AA's for %59.99 and Estates at $47.95.
     
  3. JDS

    JDS TS Member

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    This is why you do not vote for democrats......................
     
  4. bkms

    bkms Member

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    Bass Pro shops in Pearl, Mississippi, bag of shot saturday was $62.66. Last time i looked at win 209 primers (1000), many months ago they were $54.99. Winchester AA (12ga) a flat were $64.99 Bob...
     
  5. nomderf

    nomderf TS Member

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    Shot was 44.99 a bag at the Gander Mountain in Greensboro NC today.

    Ouch

    38-01615
     
  6. smokerz

    smokerz TS Member

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    JDS *This is why you do not vote for democrats...................... *

    What is....the price of lead? Tell us, how do Democrats control the price of lead????????????????????????
     
  7. grnberetcj

    grnberetcj Active Member

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    smokerz...go read some history of the economic Clinton Year's...that'll give you a pretty good idea.

    Curt - Delaware
     
  8. luvnbearhugs1

    luvnbearhugs1 TS Member

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    We drove to Florida last week and while visiting the Silver Dollar bought shot because it was $12 less a bag than it is selling for here. Even at the club at PG, it was still $6 less. Ridiculous!!!

    Luvn
     
  9. hmb

    hmb Well-Known Member

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    Instead of complaining, why don't you find a solution to the problem. I have. HMB
     
  10. phirel

    phirel TS Member

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    Luvn- It is not ridiculous, the prices you quoted reflect a problem for retailers of many products, especially building materials.

    Should a retailer base his current price on what he paid for the product or what the market is for the product at the current time? Lets assume a dealer purchased 100 tons of shot last summer for $24 a bag and he marks up the shot $4 per bag. Today, his replacement cost would be $35 per bag. Should he sell the remaining inventory at $29 or $39, or perhaps somewhere between these two prices?

    To answer this question, you have to consider the other problem the retailer sometimes faces. He might buy shot at $35 per bag and then the price falls and he sees his competitors selling shot for less than he paid for his inventory. If he has to take a loss on inventory because of falling prices, should he also take a gain when prices go up on his inventory. These are difficult questions for retailers and there is no simple answer.

    Pat Ireland
     
  11. 100straight

    100straight Member

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    Pat,

    When I was in grad school (although I admit it was many years ago) they taught us that all goods should ideally be priced at the "equilibrium point," or in other words, "all the market will bear." So, my cost for a product "should" have no bearing on what I could sell it for (however, I agree that some retailers stress over this issue). The market might bear less than I paid (hence I would eventually go out of business), or the market might bear more (as in the current case of shot that was purchased in the past). I happen to still be shooting $10 a bag shot, but some of it is beggining to oxidize from age. :>)

    Shoot well and often,

    Mark.
     
  12. luvnbearhugs1

    luvnbearhugs1 TS Member

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    Well I certainly wouldn't have driven to Florida to buy shot, but since we were there and in a rental car, we took some home (along with fruit, fireworks and coconut candy lol) I understand that the retailer has to wonder whether to feast or famine his prices, but it just seems like the price of shot went too far too fast without there being a reasonably believeable cause. The difference between what we paid at the Silver Dollar last week, and what it costs here in the Northern Virginia area was as much as a bag of shot USED to cost 3 years ago.

    Somewhere along the way there has to be a better explanation that China's industrialization.
     
  13. redhawk44

    redhawk44 Member

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    Location:
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    For an explaination of why shot costs are up, copy and paste this web address to your browser and look at the 5 year chart for lead on the commodities market...


    http://www.kitconet.com/charts/metals/base/spot-lead-5y.gif
     
  14. pendennis

    pendennis Well-Known Member

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    Location:
    Southeast Michigan - O/S Detroit
    Lead is like any other commodity. It's price reflects the scarcity or plenty in the market. The prices of other commodities such as oil, copper, and steel are also are very high historical levels. The upward pressure on these prices is driven by increased demand by such economies such as the Chinese, Indian, and other emerging third world countries. They have over two billion people demanding products, and this will continue to keep prices up until the supply of those commodities are raised, or the use declines.

    This is not inflation. Inflation is caused only by increase of the money supply due to government spending.

    Ammunition makers buy huge amounts of copper, lead, plastic, tin, steel, and other commodities, and they have to compete for those goods like the rest of the world.

    Mark (100straight) is correct. Prices remain the same as long as equilibrium is maintained in the market. Demand moving in one direction or the other will be the prime determinant of price. However, there are a lot of factors, such as geopolitical and environmental phenomena which help drive prices (e.g. OPEC).

    Best,
    Dennis
     
  15. smokerz

    smokerz TS Member

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    Curt -

    **smokerz...go read some history of the economic Clinton Year's...that'll give you a pretty good idea.**

    Actually, I think it's you who needs to pay attention to the facts. The present adminisrtation is running huge trade and budget defcits. Commodity prices, including lead, copper, aluminum, oil, grain, milk, are at all time highs in many cases. Under Bush the dollar has declined 40% against the Euro. The price you pay for lead and other commodities would be much lower if Bush hadn't destroyed the value of the dollar with his voodoo neocon economics. Go ahead, look back at the cost of lead and everything else under Clinton. Look at Clinton's budget surpluses too. Those were the good old days.

    Or...elect another Republican and bend over again.
     
  16. pendennis

    pendennis Well-Known Member

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    Smokerz - You should really get some better economics information than from Moveon.org.

    The Federal budget deficits are running at near-historic lows. As a percentage of the GDP they are extremely low. Inflation is caused by government spending in excess of the growth of the economy. You should be concerned more about the growing Federal debt, and it's growing value against hard assets the U.S. owns.

    Currency fluctuations are a phenomenon of economic activity, and the Dollar moves up or down against other currencies as a matter of economic activity.

    The trade deficits and surpluses are a fact of life, and no president can do anything about it short of a tariff war. In the late 1920's, Congress became hell-bent on protecting U.S. exports. They enacted, over the warning of wiser voices, the Smoot-Hawley Tariff Act. That, and not the stock market crash, was the prime driver behind the Great Depression. In fact, the Smoot-Hawley act was a prime driver of the stock market crash.

    Everytime you choose to buy foreign goods, you help devalue the dollar against the Yen, Euro, etc. This is not to say that you may have no other choice. There are products no longer made here; cameras, cd players, etc. No president can halt the movement of manufacturing overseas. The resulting imports are necessary because of consumer demand.

    Rising prices, as I mentioned earier are almost exclusively the result of less available commodities in the market. Your so-called "voodoo neocon economics" are the talking points of people who are either purposely naive or so under-educated as to be pathetic.

    Dennis
     
  17. smokerz

    smokerz TS Member

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    Sorry, Dennis -

    But you're full of baloney. First off, I know nothing about moveon.org. I've never seen their website, and have nothing to do with them. I'm quite capable of looking at facts for myself. I don't need to spout some party line, as you do.

    Your dismissal of the decline of the US dollar as simple "economic activity" is beyond naive. The US dollar declines because of the huge, historically high, trade deficit and the huge budget deficit. We are pumping out more dollars than buyers can absorb, and more Treasury bonds than they want, so they pay less for them. Simple supply/demand, Economics 101. If we were running a trade and budget surplus, the dollar would be much, much higher, and OUR cost for commodities, like lead, would be much lower. Lead's up by 100% in Dollars, but only up 50% in Euros. Get it?

    "Voodoo economics" is a "talking point"? Absurd. Cutting taxes for the richest 2% will increase tax revenues? That's voodoo, and laughable, and the facts prove it to be so. And that's the fault of the voodoo economists, like Bush and Laffer.

    The Federal budget deficits are running at "historic lows"? WTF? That's just plain bullshit. Here, click the link above to see that Bush's budgets, tax cuts for the rich, and invasion of Iraq, a country which was no threat to us, have been a financial DISASTER.

    "No President can do aything about it"? More bullshit. Bush's tax cuts and invasion of Iraq are choices HE made and pushed through his lackey Congress.

    You're gonna' like Hillary...and you deserve her.
     
  18. smokerz

    smokerz TS Member

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    Here ya' go, pendennis, check this out, then tell me about those trade and budget deficits which don't matter -

    **Expert: Oil Prices Set to Hit $100 by End of '08, and Will Likely Stay at Triple-Digit Level**

    Yep, $100/barrel oil predicted for 2008. Three years ago, that would have been 100 Euro oil, now it's only 71 Euro. Bush serves another year, it'll be $120/60 Euro.

    The French are laughing while they eat their "Freedom Fries", and Canadians are flocking to Seattle to buy cheap American houses now that their $.60 Canadian dollars are worth $1.00 US.

    Can you say "voodoo"?
     
  19. shannon391

    shannon391 Active Member

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    Then there is the Iran thing looming.
     
  20. shannon391

    shannon391 Active Member

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    I used to go to the Windsor Casino and laugh at the conversion (called it play money} now the worm has turned.
     
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