Seeing so many posts, before every major or even minor patch about how to hoard gold due to recent changes, and truth is, it's extremely obvious, you just need to know where to look.
Step 1: Collecting Data
Google MMO-Champ and World of Raids, click on both those links (I can't link them here) and bookmark/fav them. They're your main data source.
Step 2: Analyzing Data
Right now, 3.2 is coming up very soon, and more and more changes are being made on the PTR. For starters, there has been a recent change to Jewelcrafting, one being able to prospect Titanium Ore.
Now it doesn't take half a brain to realize that Titanium Ore's prices are going to go insane NOW AND when 3.2 is released.
In addition, it's very obvious that the first day 3.2 is released, Epic gems will cost a lot, recipe cuts will be expensive, and cut gems will soar through the roof.
Other examples include transmuting, 3x Eternal Life > Eye of Zul (Was Forest Emerald).
This means that
- Eternal Life's price will rise.
- Cost of transmuting will rise by A LOT (CD is 20hrs)
- Eye of Zul's price will decrease.
Step 3: Actually doing it
As you can see, it's really common sense, I'll give you some links that you should read if you want to increase your economic knowledge, note that this ALSO applies in real life as well, and it's pretty amazing.
Supply and Demand - Supply and demand - Wikipedia, the free encyclopedia
You hear this everywhere, but do you actually know exactly what it is?
The important bits of that page are
Supply and demand - Wikipedia, the free encyclopedia and Supply and demand - Wikipedia, the free encyclopedia
Do remember that info on the PTR can change RAPIDLY, an example of this is Forest Emerald and Eternal Life as to Eye of Zul.
Examples
Here's some more examples so you learn.
- There's a new ink trader for inscription in town, Ink of Sea can be changed into Snowfall Ink.
- Price of Snowfall Ink will DROP (Increase in supply)
- Price of Ink of Sea (or herbs) will INCREASE (Increase in demand)
- Price of Darkmoon Cards will DROP (Cost of Production decrease)
- Beast Mastery is getting insanely nerfed. Steady Shot AP bonus reduced by 20%!!
- All Hunters leaving BM, speccing into MM/SV, thus...
- Price of MM/SV Glyphs increase which means...
- Price of creating those glyphs will also increase.
- Price of herbs can increase.
- Mining Nodes will now take 1 hit to collect all loot.
- Increase in SUPPLY. (Price of ore will DROP).
- Mining Nodes despawn faster, more Nodes respawn faster.
- Because Saronite and Titanium share node locations, BOTH will DROP.
- Titanium Ore -> Titanium Bar -> Titansteel -> Titansteel Weapons. Cost of Production decrease, item price will decrease.
See: http://www.mmowned.com/forums/wow-gu...lasticity.html
For the post on Elasticity.
Final Note: I understand that it's a wall of text, but here's something simple for you to swallow.
If you CBF reading, then GTFO. You will always be poor.
Don't lurk, posting Thank You! will be enough!