The day after the election, I had customers complaining that one of our competitors had doubled price on all magazines over ten rounds. The dealer's excuse was that demand had skyrocketed and supply was exhausted.
Out of curiosity, I called the dealer and asked them how much they were getting for Glock magazines. They quoted me $60 and gave me the same excuse. While I was on the phone with them, I had a distributor's site on screen showing over 300 available for immediate order at the same price they've been all along.
There's been a backlash against that dealer, and people have long memories when it comes to this sort of thing. The only ammunition shortage that will happen is the one we create, and even that will be short-lived.
TL;DR: supplies have not dried up, and there is no reason for price hikes.
Sometimes it’s nice not to destroy the world for a change.