Found on Kos:

NPR: When did you first notice this ammunition shortage?

[Gun dealer Johnny] DURY: Well, it started the day that Obama got elected.
Everything just really went crazy in the gun business. There were a few speculators the week before the election, but most of the people just waited till the day the election was over with and they knew. From that day on it's been crazy at just about every gun shop in the United States.

NPR: Wait a minute. Help me understand what's going on. On November 5th, the day after the election, people headed to the gun store and started to stock up?

DURY: Like you wouldn't believe.

NPR: There have been stories about this in newspapers across the country and many of the gun dealers are quoted as saying this is fueled in part by people who are worried about restrictive gun laws. They're buying more guns and they're buying more ammunition. Is that what you're seeing?

DURY: They're buying more guns, and then with the purchases of the guns the ammunition goes right along with that. It's not just an ammunition shortage, it's a gun and ammunition shortage. Just that... the sheer volume of it, right after the election, everyone was scared that they was going to take this ammo, or that he was going to tax it out of sight on the prices, so people started stocking up, buying half a lifetime to a lifetime supply of ammo, all at one time.

NPR: A lifetime supply?

DURY: Mm Hmm. I had a 69 year old woman the other day call me and say I'm going to give you my credit card for a case of ammunition for my AK-47. She said, I'll be damned if I'm gonna have anybody tell me I can't have any ammo.

Let's just point out, just for fun, that no one is telling anyone that they can't have any ammo.

a 69-yr old woman shouldn't be allowed to drive, let alone handle an AK-47.

and what the hell happened with that incident where the 8 yr old shot his head off with an uzi at a gun show? did they put his father in jail yet or what?