Time To Pull The Trigger On Ammo Investing?

ammo ammunition guns weapons bullet bullets

Even though gun-buying mania has cooled, bullet sales are strong.

NY Daily News: Americans usually buy about 7 billion rounds of ammunition a year, according to the National Rifle Association. In the past year, that figure has jumped to about 9 billion rounds.

With demand, prices also have risen.

“Used to be gold, but now lead is the most expensive metal,” said Donald Richards, 37, who was stocking up at a store in Jefferson, La.

That’s probably helped keep publicly traded weapon makers’ stocks up, which have soared since President Obama took office:

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