Tuesday, June 11, 2013

Australia faces ammo shortage due to gun buying frenzy in U.S.

Gun owners in the United States are stockpiling ammunition at such a high rate that Australia is expecting one of the biggest ammo shortages in recent history.

"Basically the American community is consuming the ammunition and the ammunition manufacturers can't keep up," firearm importer Jade Cleaver told ABC. While eight main firearm wholesalers is based in Australia, 80 per cent of their stock is imported from manufacturers in the United States, Yahoo!7 reported. As a result, some of the most popular bullets will soon be unavailable in Australia and New Zealand and will not be restocked for about another six months, ABC news service said Thursday. "There's only so much they can produce," Cleaver told ABC.

"There's only 24 hours in a day." The solution? "We've been stockpiling ammunition in a sense so we don't run out," he added.