Thursday, February 08, 2007

Price of AK ammo doubles

Lord of war anyone?
The AK-47 Ammo Crises
February 6, 2007: Gun runners worldwide were shocked late last year when the found the price of the favorite ammunition, the 7.62x39 (diameter and length, in millimeters) round used in the AK-47, doubled in price. For decades, this 7.62x39 was the cheapest rifle ammo available, selling for as low as ten cents per round. Even the highest quality ones rarely sold for more than twenty cents a round. But suddenly, hardly anything was under twenty cents, and the reason was massive orders from the United States. The Americans were laying in supplies for their Iraq and Afghan allies. Both of these nations had been working down supplies left over from Cold War era stockpiles, but all that stuff was pretty much gone, and there was still lots of fighting going on. Moreover, those crazy Americans were insisting that Afghan and Iraqi security personnel learn to shoot their AK-47s accurately. That took a lot of ammo.

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