The first picture (2 charts) is taken from Cabela's web site, telling customers why ammo has increased in price. The blue line is the price.
The second and third pictures are from today (15Mar2009) showing 1 year historical prices for copper lead commodities, on the London Metal Exchange, same exchange that Cabela's references.
So the question is, with commodity prices falling, why is ammo going up? If it was simply supply/demand, the commodity price (including futures) would be increasing, not declining.
The second and third pictures are from today (15Mar2009) showing 1 year historical prices for copper lead commodities, on the London Metal Exchange, same exchange that Cabela's references.
So the question is, with commodity prices falling, why is ammo going up? If it was simply supply/demand, the commodity price (including futures) would be increasing, not declining.