1290 wrote:brett1868 wrote:I'm not generally the doom and gloom type but it's not looking good for ammo prices anytime soon. Our $ is almost on par with N.Z and dropping to 0.7585 with the U.S overnight and falling. I've been to 4 different gun shops in the past week and the common theme seems to be less and less stock on shelves.
It baffles me.... the USA is going to the crapper... its craphole of an economy has been talked-up incessantly, yet our comparatively good economy (yes, it is) hasnt stopped the slide of our dollar as valued against the USD....
As is plain to see, the Reserve Bank has dropped the rates for the sole purpose of de-valuing the Aussie dollar further TO INCREASE EXPORT VALUE OF DIRT.....hoping to at least stop the slide in excise income levels . The MAJOR side effect is however, given that WE ARE CONSUMERS of SOLELY IMPORTS - SO IT HITS US! including at the gunshop,
So yes. Buy up.
The only good thing about a low Aussie dollar is that it keeps us dairy farmers afloat, on the years where the Aussie dollar is high times will be bloody tough for us





