Simply rule of supply and demand. What I don't understand is the people who are beating up the sellers of the ammo and guns. The buyers are responsible for setting the price.
Do these same people jump on the market when it reverses and supply is abundant. When the poor soul who has spent every penny of his lunch money and has to sell his hoard for 50 cents on the dollar.
Its absolutely retarded. I always keep a qty of around 1500-2000 rounds of 22lr on hand just because you never knew when walmart was going to get the bulk packs in even before this whole hoopla so I have should have enough for the another 12 months or so shooting conservatively. I have a lot of semi 22's to feed and I would go broke trying to shoot them at these prices. People are insane. Just relax for a month or two and it will adjust out. I refuse to pay insane prices for any ammo.
I find it interesting how the big retail stores like Cabelas, Dicks, and Walmart still sell their ammo and components at or around pre-Newtown prices. Yet alot of the smaller "Mom & Pop" shops are now 3x to 4x the price.