I can say for certain i am not a hoarder, i very seldom sell ammo, I stocked up on ammo in the past as i shoot competition rifle, and shoot a lot of pistol, i also reload too for most everything i shoot. It has paid off for me to keep a good stock pile for me and my immediate family to be able to enjoy our hobby, as to the high price of ammo these days you have 2 main conglomerates making the ammo so they can pretty much dictate the prices you will pay if you want to shoot, and then we have our anti 2a dictator in office and his minions that want to take away your rights and will do it any way they can{stopping imports of amm and guns for one}