We are all seeing it now, demand falling, prices plummeting, and more competition. To me that's when you know you are at the end of an expansion. It's my fault for not trying to reach gold cap earlier in the expansion but now I am stuck in a period where my opportunities to make gold are going to be even more restrictive.
I can see this now in the jewelcrafting markets, I see so many new competitors all because they eventually worked their way up to all the epic JC plans finally. So you have this situation where demand has fallen for epic cuts but demand has increased for raw epic gems. How so? This is a direct result of competition increasing in the market place. These players are trying to build their stock as well so everyone is buying up uncut epic gems. But since demand for cut gems has fallen the profit margin between an uncut gem and a cut gem is very slim to none. This has strained my stock pile as well. Even with me posting in trade every night, using my honor to buy gems, and messaging my typical bulk uncut sellers, I have not been able to maintain a descent stock pile. I find myself running out of certain gems frequently. For example, on my realm Bold Cardinal Rubies sell for 105g all while uncut cardinal rubies sell for 105g as well.
It's tough right now and will be till Cata releases. That's why it's critical to have as many professions as possible to make gold with.
How have some of you dealt with these market crashes? I'd love to hear your stories.
Thanks for checking in!
0 comments:
Post a Comment