www.zerohedge.com BY TYLER DURDEN
Ever since Russian forces invaded Ukraine, Americans have panic hoarded all types of ammunition, according to a top US online gun retailer.
“A recent surge in consumer demand for small arms ammunition â the onset of which perfectly coincided with the Russian invasion of Ukraine on Feb. 24, 2022,” AMMO, Inc., a US-based ammunition and components manufacturer, said in a press release Friday.
Los Angeles-based Ammo reports between Feb. 24 and Mar. 10 that revenues surged 166%, and transactions are up 110% over the previous two weeks. Website traffic for the period is up 59%.
It’s because the cost of gas is skyrocketing along with inflation. Buy now to hedge against inflation. Bullets > Bitcoin