I guess this is one of the few reasons to live in MI. No ammo shortage and if some nutter does something stupid, no one blames the gun.
So after SH, Congress tried to ban some guns. Was ammo ever in danger of getting banned? Or was there a massive increase in gun owners causing the shortage? Or did people start hording out of fear?
I just don't get how the two are connected.
Yes. The abbreviated version goes something like:
ATF looked into banning lead, but they're prevented from doing that (about all they can do is ban lead sinkers used for fishing, but cannot ban lead usage in bullets)
Requiring permits for ammo sales, banning online sale of ammo, limits on how much ammo you could buy and so forth were considered.
When it looked like this wouldn't pass (who the eff ever thought it would?!) the Obama admin had a temper tantrum like a 5 year old who starts throwing stuff on the floor when denied a candy bar in a grocery store....and bought something like 2 billion rounds. By law/previous agreements, Federal and other suppliers had to service the government's order BEFORE they could sell to individuals again, which essentially meant once the shelves were emptied in gun stores, there was no more until the government's order was filled.
As such, the smart people bought a bunch in bulk, and then price per round just skyrocketed. Rounds like 7.62 NATO became prohibitively expensive unless you were shooting prvi branded rounds of iffy quality. Reloading supplies just vanished.
So it was both: people started hording, followed by the government doing it's best to prevent sales to individuals and some more hording. By the time prices start dropping to early 2012 prices, we'll be knee deep in the 2014 election with the house at risk (and if the house goes D, we will see another push for gun control, and as such before the election we'll see prices rise; if Ds win the house we'll see massive price spikes as people freak out. Again.)