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How to make gold when your competition is camping the AH
by Basil Berntsen 
on Feb 13th 2012 (9 days ago)
Making gold with heavy competition is hard. I get comments on my articles all the time about how my ideas don't work on some high-population, high-competition realm. There's an implicit (and sometimes outright stated) disclaimer that any advice you'll find here is general and may not apply to your realm.
It's time to talk about what to do when you're always being redirected back to these weasel words. If your server really is so competitive that you can't make any normal strategies work, what can you do?
Filed under: Gold Capped
Five myths about making gold
by Basil Berntsen on Feb 3rd 2012 (19 days ago)
Gold making is one of those games you can play without much cooperative interaction with other players. If I hadn't been set straight about how to raid by cooperative guildies when I started, I'd still be as bad as I was when I started, minus any progress I'd have made myself. This type of environment is a breeding ground for less-than-optimal gold making strategies, so here are five myths about gold making that continue to require banishment.
1. Mats are free if you don't pay gold for them. It doesn't matter whether you picked up a gem from a Satchel of Exotic Mystery, farmed a stack of herbs, procced a bonus somehow, or mugged someone. If you figure your cost on the mats for whatever you're selling as what you actually paid for it, you're doing it wrong. The value of crafting mats is what you could sell them for.
Filed under: Economy, Gold Capped
How to make 146g in Maelstrom Crystals in 5 minutes
by Basil Berntsen on Jan 20th 2012 (1 month ago)
All enchanters know that Maelstrom Crystals can be expensive, especially now that more players than ever have access to pretty good epic gear through the Raid Finder. This increase in demand has touched all professions that make things that improve gear, including enchanting. I know I went from paying under 90g for a Maelstrom Crystal to paying over 250g at one point soon after the launch of patch 4.3 and the Raid Finder, and that was after stockpiling (and subsequently blowing through) more than 75 stacks. If I knew then that I could have been making them in unlimited supply at 146g each, I'd have made a lot more.
Filed under: Economy, Gold Capped
Gold Capped: The fastest way to make 10,000 gold
by Basil Berntsen on Jan 6th 2012 (1 month ago)
Every so often, I get asked something to the effect of "What's the fastest way to get 10,000 gold?" It's usually asked by someone who is perpetually poor in game and is looking to get a BoE or some other sort of reward that costs gold. The fastest way for me to get 10,000 gold is to log in and check my mail. My daily haul is many times that and scales based on how much time I have to craft, list, and relist. This isn't a useful answer to someone who lives paycheck to paycheck, though. So what advice would be helpful?
First off, if you're below level 85, get to level 85. This nets you quite a bit of gold simply from quest rewards and vendoring gear you acquire. If you're already level 85, the first thing you need to do is identify how much money you can make per hour running 5-mans for valor points that you can use to sell BoEs. On my realm, I could sell a BoE costing 1,650 VPs for about 10,000 gold. That means every valor point I earn could be worth 6 gold, which makes the 150 points I get from a 5-man worth 900g. I can do seven per week per character with the requisite gear. Also, every trash kill and boss kill has a chance of awarding you with valuables, including enchanting mats (if someone can DE) and BoEs.
Filed under: Economy, Gold Capped
How to sell Hagara Pick Pockets to rogues
by Basil Berntsen on Dec 30th 2011 (1 month ago)
There's a fairly simple way to make gold without professions: Sell summons to a pick-pocketable Hagara to rogues looking to get their legendary quest starter daggers, Vengeance and Fear. These are the most accessible rogue weapons, because aside from picking the pocket of the fourth boss in a raid instance, the quest can be easily completed with a 10k gold and a minimum amount of help. These daggers are the best entry-level options for rogues who PvP or PvE, available as soon as they hit 85 and are capable of completing the quest.
If players are raiders, they'll probably get it for free just by being in a raid that gets to Hagara; however, if all they do is PvP or casual PvE through the Raid and Dungeon Finders, they won't be able to get the first leg of the quest finished. Within a few weeks, most rogues who want to start the quest will have started it. Until then, I've heard of non-raiding rogues paying as much as 25k for the opportunity to pick Hagara's pockets.
Filed under: Rogue, Economy, Gold Capped
How to profit off Winter Veil
by Basil Berntsen on Dec 19th 2011 (2 months ago)
Winter Veil is probably one of the most profitable game holidays. There are lots of achievements and quests people do, and some of these involve acquiring things that can be sold on the Auction House. The most interesting thing is that none of the things people will be needing require a maximum-level character to get and are, in fact, farmable by just about anyone over level 6 or so.
Small Eggs
Let's start with Small Eggs. Five of these are used to make the five Gingerbread Cookies required for the holiday quest Treats for Greatfather Winter. Small eggs are easily farmed, but the demand for them between Dec. 15 and Jan. 2 is more than can reasonably be farmed by any one person. People in the know have been preparing since last year and have stockpiled these eggs.
That said, the bulk needed to meet the demand generated by just about every single active player doing this quest on all their characters is pretty high, and these eggs don't come up on the Auction House that often for cheap. For the next few days until demand drops off a bit, people will buy these for between 2g and 5g, and if you have a character capable of killing level 6 monsters, you can farm hundreds an hour in Eversong Woods outside Silvermoon.
Gold Capped: Selling valor point gear
by Basil Berntsen on Dec 16th 2011 (2 months ago)
Every single content patch, Blizzard turns the tables on gold makers and, for a brief period of time, allows any player to make tens of thousands of gold by selling valor point-bought BoE gear. We've all seen the ads in trade of people looking to buy them or sell them, but most people focus on their own gear first and only think about selling them once they've gotten a few upgrades. Is this unwise?
What if I told you that you could get several thousand gold and still have as much valor gear at the end of the month as your guildie who didn't sell a single BoE? It's all about timing. The valor point weekly cap is 1,000, and in the beginning of the week that valor BoEs are available for purchase, the prices are extremely high. They stay high for a few weeks but quickly plummet as people start to use more points to buy gear for selling. They bottom out eventually when people stop having upgrades available for valor.
Filed under: Economy, Gold Capped
Gold Capped: This is the wrong way to do epic gems
by Basil Berntsen on Dec 9th 2011 (2 months ago)
Epic gems are here, and they're designed differently than we're used to. To be specific, they're designed without fairness baked in, which is somewhat of a new feeling for people who weren't around buying epic gems in The Burning Crusade.
Fairness is actually the wrong word for this. Life isn't fair, and neither is WoW. Instead, I'll talk about balance. Blizzard has gone to great lengths to ensure that the game remains fun for as many people as possible by trying to avoid changes that suddenly disadvantage an arbitrary subset of players or shift the desirability of choices made a long time ago.
Balanced changes don't force competitive PvP and raiding group to play the gold-making game to be on a level footing with the competition. They also don't provide a tangible itemization difference between the profession perks of different crafting professions.
Filed under: Economy, Gold Capped
Gold Capped: Relentless markdown wars
by Basil Berntsen on Dec 2nd 2011 (2 months ago)
I got an email from someone recently about a new competitor.
I have recently returned to the blacksmithing armor and belt buckles market. When I researched my old stomping ground, I found that materials cost has increased, profits are almost non-existent, and competition was rampant! I didn't let that get me down, however. I watched the market, checked the reference data, got a good handle on the situation, then when the time was right, made my move! Competition dropped like flies, profits rose, and life was grand. Then one day, I got a new big-wig competitor.
Filed under: Economy, Gold Capped
Gold Capped: Gold-making resources for auctioneers
by Basil Berntsen on Nov 18th 2011 (3 months ago)
The best resources for making gold are not a very well kept secret. These sites and utilities are used by most serious auctioneers, and anyone looking to start making gold, even if only casually, would do well to learn how to use these.
The Undermine Journal
The Undermine Journal is first on my list. It is a site that does a lot of things, but most importantly, it shows you the price for any item on any realm. You can look back at how the price and supply for sale changed over the last two weeks, and you can see all the auctions of any competitor by clicking on their name. You can also compare prices on your realm to prices on other realms or the other faction on your realm.
The potential for research here is limitless. Any time you're looking for a new market, the first question you have to ask is whether there's enough of a gap between cost and price to support your margins, and seeing the answer to this question over a period of time is way more valuable than seeing just what's on the Auction House when you decide to check into it.
Filed under: Economy, Gold Capped
