Posts with tag make-gold

Mists of Pandaria's economy has been characterized by having some of the recipes that make the most valuable items gated behind things that a main character would get: reputation, random world drops, and BoP Spirits of Harmony. Profession alts that you haven't leveled but have a maxed out profession are still very useful, but they won't be able to compete with people who happen to have that profession on a character they play.

Specifically, jewelcrafters won't get meta gem cuts, enchanters won't get the best bracer and weapon enchants, and other crafters won't get Harmonies that they can use to craft gear. If you have an alt that you don't have time to level and properly play, but still want to get some of these gated recipes, what can you do?

Every week, WoW Insider brings you Gold Capped, in which Basil "Euripides" Berntsen and Fox Van Allen aim to show you how to make money on the Auction House. Check out Fox and Basil's reboot of Call To Auction, and email Basil with your questions, comments, or hate mail!

The first few days of an expansion are a little like the wild west. This week, Gold Capped received an email about these first days:

I love your column on WoW Insider. It's been an eye opener for me on just how easy it can be to make some serious gold. That said, I didn't discover it until well after Cataclysm had launched, and so my question to you is; what were the first few days of the Cataclysm launch like economically, and what do you think I can expect from Mists of Pandaria? I had a blacksmith at the time of the Cata launch, and I remember spending exorbitant amounts of gold on ore/bars (he wasn't a miner). Is it a situation where, for the first few days, farming actually is worth doing, or are goods still worth making then? I have a bunch of 85s, all with worthwhile trade skills, and I'm just wondering what the best way will be to capitalize on the newness of the expansion.

The first few days of every new expansion, including Cataclysm, were a little crazy. The first thing you need to prepare for is the hyperinflation. Everyone will have more money, and they will all be spending it. Nothing gets people spending their savings like a new expansion. Pets will be battleable, new glyphs will be available, and everyone will be leveling professions. All this new demand is going to overwhelm the farmers, and for a while at least, the only cheap way to get materials will be to farm them yourself.

I like to have a bit of gold on me at all times. When I see something I want for one of my alts, it's nice to be able to just buy it without thinking about the ramifications for next week's farming and raiding. There's a strategy that I've been using for a couple months now that'll let those that follow it earn upwards of 10,000g a month.

To use this strategy, you need to have access to the following:

• Rare T5/ T6 patterns
• A steady stream of Badge of Justices or Hearts of Darkness
• 5 hours a week set aside for hard core farming
• A second account
  

Those might look like insane requirements to some, and they're not wrong. They are a bit steep. However making this amount of gold should not be easy and be able to be done by everyone. But with that said, it's not too hard to get into a T5 guild these days, and weekly Kara runs plus a few heroics can get you 30+ badges a week.

Read on after the break for the complete strategy.