Investing in gems

[shugo21]

i was wondering how the prices of gems are going to on EU since the new patch is going to 10x the gold amount.
you can buy 10 mio gold for about 0.25€ instead of 1 Mio.

what do you think? are gems gonna keep stable or are they gonna get more expensive since people are looking for a stable currency?


i thought of buying a big amount of gems in the AH but i guess a lot of people before me did this.
how many gems are there? can i influence the AH?

[BlizzPaysMyBills]

Bought gems for 20B and price haven't moved at all. So i guess you can't influence the AH unless your uncle is the chinese gold farm owner.

[shugo21]

ok

but whats your experience?

is the gem price more or less stable? not really right?

[BlizzPaysMyBills]

No one can predict what will happen when gold will be cheap even without chinese shops, but i guess there are too many gems. With the decreasing price of gold are gems worthless because they cost x amount of gold to craft. So gold to gem ratio is always +- the same and now gems are cheaper than crafting because there are too many of them. Investing in something which is still being created is not a good idea.

There can be a small spike when gold price will be officially lowered, but price of gems can go up again only if gold price goes up again. Gold price can go up only with massive ban wave (i would expect one before new itemization update) or if the price in chinese shops is not correct (= if cheap gold can attract a lot of buyers on bnet).