Forget goofy apocalypse scenarios...
A more pertinent reason to stockpile ammo is that the prices are going up with no end in sight. As long as the dollar keeps staggering, metals prices are going to continue their inflationary climb.
Like I said, it doesn't go bad. Imagine if you'd been able to buy all the gas and milk you wanted to a year or two ago without worrying about it going bad...
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