Some have speculated that the ammo shortage is a result of market manipulation by the government. I think the shortage is a social phenomena largely the same as a run on banks. All it takes is an initial panic to get it started, like say, the government threatening to steal 10% of deposits, in the case of banks, or the government threatening a rash of new, draconian gun laws, in the case of ammo. Once the initial panic buyers clear the shelves, then other people start to join the panic because the shelves are bare. Most gun owners don’t shoot all that often, and tend to buy ammo as they go rather than stockpile. If all those people decide they need to stockpile, because they don’t know when they’ll see another box of .223, the panic feeds on itself. Add to that the fact that you hear a lot of talk of coming civil wars in gun circles these days, and you have a recipe for bare shelves for quite some time. Are the huge government orders affecting the supply? I don’t know enough about the ammo business to speak to that, but it’s certainly not helping the panic.