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Question on Economic Theory and Inflation
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Post by
119424
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Post by
Wildhorn
I think material from old world will drop once Cata hit live. Because to get to the new places, you will most likely fly over low level zone and many people will grab the low stuff if they spot them on their radar, which will increase the supply, so decrease price. Also, all the new golbin/worgen will level up and gather mats on their way, increasing even more the supply.
Post by
119424
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Post by
Squishalot
Thorium on my server is back down to 1g per piece (give or take daily fluctuations). Most farmable items are at fairly generic prices - they're worth no more and no less than the time it takes to farm them.
The problem with investing in goods is that goods generally depreciate in value. Plus, you're paying a 5% transfer duty on sale of those goods (assuming you use the auction house).
If you really want to make / preserve money, invest in a business instead. Within one day, I made back the cost of my Fiery Weapon enchanting formula through AH profits. Investing in a crafting profession so that you can be part of the first few in Cataclysm to hit the new profession cap. That, in my opinion, will yield you a higher return on investment than buying low level herbs.
Just remember that titanium was selling for up to 400g+ per stack and that cut epic gems were selling for 250g+ when they came out. Invest to sell new things that people want, not old things.
Post by
119424
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Post by
CaoimheX
If something will get a new purpose in an upcoming patch, then that's perhaps worthwhile investing in, like what people did with titanium ore, though how successful they were, I don't really know. So, short of Blizzard announcing yet-to-come utilities for items in future patches, I honestly cannot think of a single thing in WoW that might appreciate in value.
Invest to sell new things that people want, not old things.And right now, what's current and in demand will suddenly be old news when Cataclysm gets released.
Post by
119424
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Post by
CaoimheX
basing this all on the fact that basic mats, (herbs, ore, leather) from dead zones (BC, some old world stuff) all have gone up in value as the next expansion hits. people will always need BC mats to level a profession up even if not many people are faming them. If there is a change to leveling professions in cata that i'm missing, then yea that would change things a lot.
I will not disagree with you here. In fact, while I was writing what I did, I was thinking of Goldthorn, that I have seen going for 80g per stack on my server. But how much Goldthorn could one sell? There is less value is something that sells far less frequently, even if it sells for more. Your market is those who are power-levelling professions, not those who use lots of herbs day-to-day.
A nice counter-example is given by all the Outlands herbs. Dreamfoil, Mana Thistle, Fel Lotus, et al, sell for pitiful amounts on my server. If anyone had made an investment to sell those after WotLK was released, they'd have been bitterly disappointed.
Post by
119424
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Post by
538537
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