Possible way to make a TON of gold or PROFIT

[soysoz]

Is it worthwhile to invest in gold?

Some sites are selling gold for as little as $2.50 per 1k. I'm thinking when cata hits, gold will be in high demand and their supply will become low. Is it possible the sites will be buying gold for over $3.00 per 1k after the first week, when gold prices surge?

I'm thinking this would be a good way to make either gold or profit depending on how much you sell back.

1. Buy 100k for $2.5/1k
2. Hold until cata
3. Sell back for $x higher than 2.5
4. ?????
5. Profit

[Unholyshaman]

In Cataclysm there will be a huge inflation in terms of gold (you will be able to make much more gold far more easily).

If you want to play with buying and selling gold, you should SELL all your gold now and use that money to buy double the gold you originally sold 2-3 months down the line.

[soysoz]

gold buyers are paying roughly $1/1k now. i doubt i will be able to buy 1k for less than that down the line

[moonk1n]

And usually all gold buyers will save huge amounts for when cata hits, because players will want to buy new stuff (mounts, gear, pets, etc.)
Don't think it worths the risk, but ty for the idea

[Sklug]

And usually all gold buyers will save huge amounts for when cata hits, because players will want to buy new stuff (mounts, gear, pets, etc.)
Don't think it worths the risk, but ty for the idea

This is actually very unlikely...

IF YOU BUY GOLD RIGHT NOW AND SAVE IT TO SELL LATER YOU ARE BEING FOOLISH... You MAY think you are getting a great deal, but just wait... inflation is going to be massive and in a year you will probably be able to buy gold at 2k per dollar. Count on it...

EVERY expansion the cost per/k of gold goes down significantly. Remember, at lvl 60 days people were paying HUGE bucks for just 1000g. I mean, it was pretty much like 50 bucks for 1000g. TBC was like 50 bucks for 5k gold.... WOTLK is like 50 bucks for 50k gold on your servers lol

See the trend? If I were you.... SELL SELL SELL... I gurantee you that gold farmers are NOT holding on to large reserves of gold right now for 2 reasons. 1) They get banned all the time so you can't risk losing your huge reserves. 2) Gold is only decreasing in value.

That 1dollar per 1k gold seems like a lot right now, but when you realize that there are things at lvl 85 that will cost you 30k gold(like eng car) you will realize that it is adjusted for inflation.

SELL SELL SELL

[Faulen]

Isn't cataclysm also removing the gold cap on characters?

[kaare]

Isn't cataclysm also removing the gold cap on characters?

OT: character gold cap is already bumped up to 999999g99s99c. so you can hold 10mill on any realm before involving any gbank now ;3

[Swiftle]

And just what are those new ways to make gold so much easier? More gold from quest rewards or dailies? And even if it's the case won't there be something to balance it out? For example a mount that costs 20k or a ring that costs 5k just for the lulz?

[Sklug]

And just what are those new ways to make gold so much easier? More gold from quest rewards or dailies? And even if it's the case won't there be something to balance it out? For example a mount that costs 20k or a ring that costs 5k just for the lulz?

Read my post above... a 20k mount is going to be nothing lol Want to balance the Cata economy? 50k mounts and 20k for new riding skill.... Sounds like a lot right? Well, in Cata gold is going to be so much injected into the economy that it won't seem like nearly as much in 6 months+

You guys need to learn about inflation... I tried to explain it in my above post but some people still don't get it I see. DO NOT BUY GOLD NOW! The ONLY reason you should be buying gold now is if you are out of gold and you are using the gold to buy cheap stuff on AH that you know will be valuable in the future...

[Zedro]

So is it better to buy gold now, or buy it later?

And what are the cheapest/more reliable places to buy?

[mongoosed]

Don't buy directly from a large website if you can help it. They are turning a 260% profit off of gold they buy directly from random players and farmers. Instead, try to find some people on your local server that are farming (chinese, american, whatever) and offer them a direct deal.

I can guarentee they will take your $1.50 per 1000 gold over the $1 that the websites are giving **and** you save 50% in the process.

[Sklug]

The whole point is... sure go ahead and buy gold right now... it's kind of cheap... though not for long. BUT, the OP was talking about investing in gold, to which is a foolish idea because inflation is about to crush the value of gold now that Cata is hitting...

[polyester]

Read my post above... a 20k mount is going to be nothing lol Want to balance the Cata economy? 50k mounts and 20k for new riding skill.... Sounds like a lot right? Well, in Cata gold is going to be so much injected into the economy that it won't seem like nearly as much in 6 months+

You guys need to learn about inflation... I tried to explain it in my above post but some people still don't get it I see. DO NOT BUY GOLD NOW! The ONLY reason you should be buying gold now is if you are out of gold and you are using the gold to buy cheap stuff on AH that you know will be valuable in the future...

this this this.

buying gold to resell for a profit after cata is such a dumb move. its crazy how many people dont understand the concept of inflation. if anything you want to SELL your gold now and re-buy it after cata.

[allenh98]

So how do i make money atm? Only have about 7k gold on blackrock horde, no profs