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