I remember being at Cabela's during the time AR's were..."over valued"
and listening to all the "experts" clamoring to buy ANY AR at ANY price.
It happened on this forum too. The panic reaction was interesting. The scalping was breathtaking, and pretty darned widespread. "There's a sucker born every minute" was proven to be a correct statement as those not buying in more favorable times pricewise were suddenly very willing to spend two times and more the value just to get their hands on one. Yeah, you can call it "supply and demand" as the "demand" by the herd drove pricing to bat$hit crazy levels. Reminds me of the hype around gold and silver, along with the demand for .22lr. Just more of a short lived thing.
Funny how the market corrects itself. Oh well.
If one were looking to buy, now would be a pretty good time comparatively to do it.