The largest wholesale gun & ammo distributors in the US have informed us in private conversation today that a massive scramble is on for all 7.62 as Russia has reportedly halted all exports to the US of Russian made ammunition.Seriously?
I've have thought Bad Vlad would have waited, and let Obama be the one to ban U.S. importation of Russian ammo - and thereby take a PR hit from U.S. shooting community.
So far, I'm only seeing the ban reported on this one blog. But if this is true, we may have another panic round of ammo buying - especially in the cherished 7.62x39 caliber. Heck, I suspect Silver Doctors is right in one regard; that buying's already picked up on speculation.
Update: David Codrea posts this at his War on Guns blog.
Update II: Bob Owens at Bearing Arms also knocks it down.