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Posts with tag flipping

Gold Capped: How to flip Books of Glyph Mastery

Every week, WoW Insider brings you Gold Capped, in which Basil "Euripides" Berntsen aims to show you how to make money on the auction house. Email Basil with your questions, comments, or hate mail!

Books of Glyph Mastery are currently needed by scribes in order to learn all the glyphs in the game. While they will eventually no longer be needed, they will always be useful. Even when Blizzard gets around to letting you research all the glyphs without them, those research recipes are both on a one-day cooldown, and the books can be used to continue learning. These books are an excellent candidate for "flipping" for a few reasons. Let's look into why and how to flip them.

Bad for the market?

Speculative flipping is not bad for the market. First, when people say "bad for the market," they mean "bad for people who need to buy glyph books." While flippers seem to be making money from nothing, they're actually making money from risk. They buy up excess stock in times of plenty and sell it in times of scarcity, and this protects book buyers from having to deal with a nearly empty auction house as often. All flippers do is make it so that when a couple of new scribes start buying books by the wheelbarrow and completely empty the AH, they won't have to wait for more stock to trickle in from people leveling through Northrend.

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Filed under: Economy, Gold Capped

Gold Capped: Ask an auctioneer -- time is money

This week's Gold Capped (from Basil "Euripides" Berntsen) is brought to you by the letter "s." Shortly followed by the letters "t," "e," "a" and "k." I'm in Texas on day job business, and nobody -- I'll tell you what, nobody -- does steak as well as Texas. The barbeque here is also pretty darn good. Mmm, meat. Oh yeah, and it's like a bajillion degrees out all the time. It's so hot that the wind doesn't cool you down; it makes you hotter! Want to make money on the auction house? For the inside line on crafting for disenchanting, transmutation, cross-faction arbitrage and more, check in every Wednesday. Also, feel free to email Basil any comments, questions or hate mail!

I swear on everything that's good and just in the world that I will eventually dig myself out from under these emails. If you ever stop sending them, that is. So if I don't get back to you in a few weeks or so, try emailing me on my podcast email and see if you have better luck there.

Luca asks:
Thanks to a misapplication of the snatch tool, I recently found myself the unhappy owner of a ridiculously large stock of bronze bars, purchased at around 100 percent of their regular value (which seems only ever to go down since). I'd like to try to recover my profits as best I can, having learned my lesson -- any ideas? Should I simply wait it out and leak them back into the economy slowly or try something more daring?

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Filed under: Economy, Gold Capped

Trying something different

Mania's got an excellent, if longer-than-usual post up about an issue I'm dealing with as well: the need to play, but confusion about just what to do in the game. I've pretty much done everything I want to do on my Hunter -- after a very lucky night the other week, I'm decked out in all the gear I want, I've topped off my professions, and while I do have some reps to grind out yet (I still want a few rep mounts), most everything I want just depends on dailies, and those I can finish in just a few minutes a day. But just like Mania I've still got that itch to play, to explore and advance and progress, with nowhere to go.

For Mania, the answer turned out to be going to a Death Knight -- she may discover that she's opened up a whole new world in choosing to level with a completely different class. An alt was also the answer for me, but I have a few different reasons, the first of which is Engineering -- I thought for a while, after hitting 450 Leatherworking on my (also Skinning) Hunter that I would switch to Engie and just buy all the mats, but I think it'll be more fun (and profitable) leveling up a Mining/Engineering alt. And he can always make the BoE chopper for any of my characters as well.

But while an alt is sometimes the answer, there are lots of things you can dive into to find a completely new area in the game -- try Arenas for the first time, do a Wintergrasp grind, seek out an old world reputation or title that you've always wanted. We're very lucky, in a game like this, to have lots and lots of new things to try even when it seems like we've done everything we want.

Filed under: Engineering, Leatherworking, Analysis / Opinion, Virtual selves, News items, Economy, Classes

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