If I buy a couple more at blow-out prices when the inventory starts to pile up, then I'll have purchased all my equipment at "normal" prices.
There is already a decline in prices for guns and ammo that I can see. Colt AR-15 prices are falling...a good indicator since at the height of it a $1200 Colt could fetch over $2000! I can now find S&W MP15's in stock and prices not jacked up by dealers or Gun Broker profiteers. There are more parts available. AR-15 barrels are popping up and staying in stock. The AR-15 and AK market is a good indicator I think since they are common and prime targets for a weapons ban.
The supply is catching up....and dealers who placed large orders to capitalize on the scare...will have to start dumping them. I saw one place had over 70 Colt 6920 rifles....that's a lot of inventory, even if their wholesale price for those is $700 ea. (Edited to indicate Colts not the original S&W MP15, I just checked again and that same site still has 55 left at $1250)
Ammo is starting to stay on the shelf longer, and some online retailers havve started to lower their prices....from the bubble prices.
So I say the bubble is starting to deflate....but hasn't burst yet.