The Joys of a Small Server.

The amount of people I hear moan about how small my servers economy is and how hard it is to make gold is amazing. Personally I love playing the auction house on a tiny server it allows for easier domination and market control. I was listening to the JMTC weekly meeting, sucks that its held at 2AM my time otherwise I would love to join, and they were discussing the elementium/obsidium shuffle. Some people on there believe it is dead and that they cant keep up with the botters, well on my server i'm lucky to find cheap ore and there is very little competition on the gem market.


There certainly is price inflation on some epic quality items and there are dry spots in the market, but a savvy gold maker can use these things to his advantage. The lack of competition means I can price my goods at huge prices and they will still sell. The elementium/obsidium shuffle certainly isn't dead on the other side of the pond! This week I have invested around 60k into Pyrite Ore and I have been buying up raid consumables and big investments, I decided with having large amounts of liquid gold I may as well fully utilize it to make the most gold I can. How are you using your big stocks of gold to make huge profits?


Thanks alot guys, and I hope you are enjoying my posts. I am still a tiny fish in a rather large pond and any comments or criticisms are greatly appreciated!


/Grogar 

I'm Back!

I'm back and hoping to start posting reasonably frequently with better content, college has been crazy but I have found some time to continue interacting with the gold making community. So what has been making me gold recently?

The Darkmoone Faire went reasonably well and with the time I put into farming the cards I was happy with the result, I ending up grossing around 100k. Card prices did drop compared to my predictions, but there was alot of competition around the server. We ended up shifting a fair few decks over to the alliance side. 

I managed to pick up all of the new JC/Enchanting recipes for around 5k each, I got the Reverberating Shadowspirit recipe for 900g! These so far haven't made me much, just a few 80g fees from barking my proffessions, but in the long run I aim to dominate my servers enchanting and cutting service as people have in the past. I find having every recipe is the only way to do this. 

I have been listening to 'The Auction House Junkies' podcast whilst working. Cold and Wes are great hosts and I'm sure they will keep it up with the brilliant and frequent content. 

I have been buying alot of Pyrite Ore for patch 4.3 where I expect epic gems will launch. Investing in this could be the difference of hundreds of thousands of gold in the first few days of the epic rush. I plan on monopolizing as many cuts as I can and I am hoping to hit my million around the time epic gems release. 

On a personal note I have been raiding alot and my guild has managed to catch up with the most progressed guild on our server. We are 3/13 and hope to get Maloriak Down in the near future. This raiding tier has been one of the favorites I have played throughout, the fights are dynamic and challenging and the experience me and my friends have played through together has been really enjoyable. 

Thanks alot for reading and I hope I can bring you another post soon! 

/Grogar

4.1, How does it effect us?

So 4.1 is on the test realms so I imagine it will be coming soon, how does this patch effect gold makers and what can you be doing now to make sure you are making the most of the coming patch.

First of all Maelstrom Crystals are going to crash, sell every Crystal you get now and try not to take any into the next patch. This drop is due to the new dungeons, Zul'Aman and Zul'Gurub now these dungeons drop iLevel 353 Epics meaning the supply of epics to the economy is increasing by leaps and bounds. What else do the introduction of these dungeons mean for us? Well they will probably increase enchanting mats, scrolls and gems for a few weeks. So I would advise on stocking up some rubies and enchanting mats ready for the first few days of troll madness!

Now we assumed until a few days ago that 4.1 would bring us The Firelands raid and a new raid tear, this would  come with a complete gear reset. A gear reset is one of your biggest events in an expansion, it gives the savvy auctioneer a huge opportunity to make thousands upon thousands of gold! Unluckily this isn't coming anytime soon, expect it to hit around June/July. This patch may bring epic gems, if your not stocking Pyrite Ore for this then I would advise starting as there is a fairly high chance that this is where our new gems will come from.

On a personal note i'm coming close to the half a mill liquid mark after a few deck sales, I also got Halfus Heroic the other night it is a thrilling fight which was a load of fun to down. Sorry for the inactivity been busy, to be honest I have been slacking :)

/Grogar

Cross Faction Obsidium Arbitrage!

Is your constant Obsidium buying making prices rocket? The demand you and your competitors are making seriously inflates the price for the Jewelcrafting bread and butter. So how do you get it cheap, how do you slash your costs so that you can own the market. Well there is a way you can take that extra step up from your shuffle competitors, you can Arbitrage your ore!

Arbitrage means that you swap items between the two factions on your server for personal benefit, me and a few friends have recently setup a guild bank with ~100k on our alliance side to take advantage of our servers massive faction fluctuation. Getting gold over there is easy, although you have to pay the 15% neutral cut. The other way of getting gold to the other side can be made cheaper by transferring items of worth and then selling them over there. 

As you can see from these two screenshots the prices and supply vary massively, they are both subject to the same conditions just on two different sides of my server. This is basically due to me, I buy up all cheap ore on my side causing prices to sky rocket so I am starting to buy from the other side. Eventually I will drive up the other sides prices but while I can I may aswell grab my money and run!

My factions ore shortage has been cutting into my profits and the input of the alliance ore has boosted my profits by a huge margin and I'm back on my way to make my million. This week I have been farming Whiptail and am up to around 7 decks, I flipped a hog for a few thousand profit and am on close to 600k if I make as expected during the fair.

/Grogar

Whiptail!

Another post on the subject of Whiptail today, I have recently been farming tonnes and tonnes of this herb and you know why? People assume the nerf to the spawn rates where drastic, when infact they weren't and I can farm 50 Stacks of Whiptail in an hour at the right time. I leveled my Druid the other day from 0 -> 525 Hebalism in 4 Hours and you can do it too and its so worth it. My route is showed on this map, its basically looping all the grassy area's.

The reason I am farming herbs is due to the Darkmoon Fair which is coming up next sunday, me and a friend are pooling all of our herbs and resources together to make as much gold as we can in the few weeks of the fair and the few weeks after it. There are very little clued up auctioneers on my server, making domination simple if you know what you are doing. We currently have around 15 Decks ready and are farming more every day, I have invested around 50k of herbs into this venture with the hope I will make a huge margin. Are you doing anything to prepare for the Fair?

On a personal note this week me and my guild got [Glory of the Cataclysm Raider], meaning I am now "Grogar, Defender of a Shattered World" and people are riding around on purple birdies! It was a thrill to down all the normal content and now we will move onto the heroics and have fun doing so.

/Grogar

Working Overtime

The Guild Perk - Working Overtime - gives you a higher chance to gain a skill point when crafting an item with one of your profession but what exactly does that help us with? Well the basic run down on skill chances whilst leveling professions are :-

Orange - 100%
Yellow - 60%
Green - 15%

These figures are in no way precise, the formula for chance of a skill increase it fairly complicated and I refuse to go all Maths on you all as I will become engrossed and rabble for pages.

So the perk makes no change to orange crafts although yellows now have an average of a ~70% chance to grant you a skill point, greens with ~25%. So relatively it increases the chance of greens by the most, and after that yellows of course. So if you plan on leveling completely by oranges , then this perk wont help you. Leveling a blacksmith this week I did see, if small, a increase in my yellow point gains. 

So think about waiting for this before you start leveling new crafting professions it will cut costs and is currently the main gold making perk (personally rather than guild wide). 

/Grogar

Back to Transmuting!

So since Volatile Life shot up with patch 4.0.6 I wasn't transmuting my elements but this morning I noticed a guy on trade selling large quantities of Volatile Life. I ended up buying 800 for 7k, so I sent 400 to each of my alchemists and started to transmute life to air. They changed the way that Transmute Masters get a bonus from this cooldown and I got 4 extra Volatile Water twice over. It appears that you will get around 4 of a random element each time you use it as a master.

On another note, earlier this week my guild was running some TBC raids and we eventually got into Tempest Keep. I said on TS that if the mount drops I would buy it for 250k, some of my friends said that this was crazy and they would definitely sell it and others said that they would never sell such a lucrative mount. I think people have different views on how much mounts are worth, I would easily pay a Qtr of a Mill for the phoenix as its by far the rarest and best looking mount in the game. How do you feel on mounts? Would you pay so much for one and if so how high would you go?

On another note I have been seriously ill and didn't feel like writing a post on my iPhone, I didn't get out of bed much so sorry for the lack of content. I couldn't think of anything to write when my head was pushed against my pillow watching trash TV, and whats the point in writing bad posts eh?

/Grogar