REMEMBER BACK WHEN DEMAND USED TO SUGGEST SOMETHING ABOUT SUPPLY?:

Black-Market Weapon Prices Surge in Iraq Chaos (C. J. CHIVERS, 12/10/06, NY Times)

[The contractor] displayed other purchases, including a short-barreled Kalashnikov assault rifle with a collapsible stock that makes it easy to conceal under a coat or fire from a car. “I bought this for $450 last year,” he said of the rifle. “Now it costs $650. The prices keep going up.”

The market for this American-issued pistol and the ubiquitous assault rifle illustrated how fear, mismanagement and malfeasance are shaping the small-arms market in Iraq.

Weapon prices are soaring along with an expanding sectarian war, as more buyers push prices several times higher than those that existed at the time of the American-led invasion nearly four years ago.