Looked at a few places for ammo. I swear, they had sold the shelves the ammo used to sit on as well as the little tags that told you how much per ounce things cost.
Several places had handwritten signs that said "WE DO NOT HAVE ANY 9, 380, 45, 40, OR 357". Nobody had any large boxes of .22LR either (and the 100 count boxes aren't cost effective). Guess shooting the .380 will have to wait.
Thankfully, hand loading allows me to keep 10mm, .45ACP, and .357 Magnum in my stock pile as well as 6.8SPC for the rifle. I've got enough 7.62x54R to start my own ammo company, thank God for buying surplus when I could. I still have 300 or so .22LR which technically is in violation of the 'Gun Nut Laws', but what can a man do?
I'm just itching for the bubble to pop. Just like the house next to me sold for under half of what the previous owners paid for it, there's going to be overstock of everything firearm related, and that means DISCOUNTS! And everyone knows I'm a cheap bastard.
Unfortunately, it's not a bubble. There is no speculation in the sense you are describing - the ammo sold wont be going back on the market, so market clearing price will still be governed by new production versus demand.
the LCP's and the P3AT's are damned near impossible to find and when you do, they're very overpriced ($500 for a $300 pistol isn't going to do anyone any good as its value over time isn't going to go up to that level).