Does anybody else remember about one or two years ago when several ammo distributors told their friends that higher gas etc prices would force ammo prices up by about 30% in April/May? They wanted to create an upward spiral of anxiety. More mass anxiety = more $.
This never happened that spring.
Some of the "the sky is falling" talk right now (but not all) must be coming from those same distributors-and any other retail sellers-who want to earn nice profits. Now it is a dream come true, provided they are not paying an equally larger fraction for their wholesale ammo.