Preparing For MoP Investments

[Vilesting]

This post is a combination from two posts from Vile's Golden Auctions Part 1, and Part 2 of the same post



So in about a month Mists Of Pandaria will ship out and finally we will have something new to do, kill new baddies, raid new places, level our professions and open up new opportunities to make gold. But before MoP finally ships we are going to have some time to make some pre launch investments that will pay out big in the near future, and i will further explain how and why.

As the sign on the side here says, we will be buying the "used" goods, or translated into WoW terms we will be buying the soon to be old tier stuff.

What i mean by this is simply the same thing that happens with the release of every expansion, the week or so before the release of the expansion people get into insane mode, and they are trying to unload everything they have in the hope of making some quick gold off it while it is still current. This has some basic logic behind it, but if you give it a second thought and realize that even though it won't be the current end game tier there will still be market for it, and it will probably end up being much more expensive than it is now.

But enough with the vague talks about what is going to happen, let's take a look at some actual items that will be worth buying when the big "Yard Sale" begins.

PETS

Pets or companions will be in great demand in MoP, especially with the whole new Pokemon like pet battles. Up until now there was a demand for these pets from people that simply wanted to have them walk next to them, but now that they will be able to actually make them fight, and level them the demand will go even higher. But not everything is as jolly as it sounds, with the shipping of MoP Blizzard decided to make one crucial change and make all the mounts and pets be account bound. What that means is what ever you have on one character, it will now be shared on all of them.

So there will be a huge increase on the demand for pets early in the launch of MoP, but that demand will be saturated rather quickly for the more common (vendor/crafted) pets, while the demand for the more rare and extremely rare pets will be further increased, and with that the prices for those pets will inflate quite a bit. I have covered a bit about the location of the pets in the world, as well as the vendor location in a previous post so you might want to check that out, but if you are looking for more information about pets, you might want to check out some of the other blogs that are on the blogroll.

SCRIBES

MoP will open up a huge profit market for the crafty scribe that will be up to the task to pounce on the possible profits that could be made early on in MoP. To be even more precise i am talking about the whole new Panda glyphs that will be available at the start.

Now even though everyone will have them, not everyone will be able to craft them in high volumes. The reason behind this is pretty simple, they will still require 3 inks, but instead of requiring the overstocked inks from Cataclysm it will require the new Ink Of Dreams which will be expensive as hell for the first two months or so. So knowing this here is the punch line, BUY YOUR INKS NOW WHILE THEY ARE STILL DIRT CHEAP !!

I can't stress this enough without putting them with big red letters so i did just that, and as for the Panda glyphs the majority of them will require Ink Of The Sea, so make sure you stock up on those in particular.

If you are looking for some more info on Inscription and how to prepare for MoP as a scribe, then you might want to pop over to Croda's Blog where he covers all about Inscription.

I will cut this post short here, because if i continue on it will end up like a wall of text and we don't want that do we. Anyhow in the next post i will cover the preparation and shopping lists for the Enchanting, Jewelcrafting and the major crafting professions. But for now i leave you at this, and remember like always keep an eye out for good opportunities out there.

CRAFTING

First market that you would want to keep your eye on would be the materials market. Now to make it clear, i won't focus on telling you about each crafting profession separately but am i quite sure you will get the idea.

The idea behind the crafting market, and its potential to be a huge profit margin is quite simple, yet very few people will see it. The actual idea is to buy the materials you usually use to craft your items, be it PvP set items or PvE epic items. The reason for this is because their price is dirt cheap seeing as how it is the end of the expansion and very few markets are moving any goods at all.

So the price of the given "raw materials" is cheap, the supply is abundant and the competition is really not in the mood to buy it out. Everything sounds like it's setting up to be a sweet deal, but wait that's not all. By buying your materials now you will buy them at prices that aren't affected by the incoming inflation that will hit when MoP ships out. So as an example, if you spend 20g for a stack of Obsidium or Elementium Ore, expect that same ore to be 100g or even more depending on the inflation scale when MoP is the new dog in town, and Cataclysm is left in the rear view mirror.

But lets take another look at what we want to keep our eyes open for in particular:

You want to keep an eye on the price of Elementium Ore for it's use in crafting all the level 85 plate PvP items. You also want to keep a healthy stock of Pyrium Bars which you can use later on to continue crafting Ebonsteel Belt Buckle, these will always be in demand from the people that end up twinking their level 85 characters. Another very important thing would be to keep an eye out for the volatiles, and their price. They are easy to obtain now and their price is cheap, but as soon as MoP hits their demand will go down but the supply will simply borderline dry out, so get yours now while you still can.

Another material you might want to get stocked up on would be leather, even though it's price is still a bit steep remember that inflation still hasn't set in and everything is still rather cheap. So if you were in the PvP leather market it would be a good idea to get stocked up as well.

There are a few markets though that i wouldn't stock up too high on, and that would be the cloth market. The reason behind this is that with the introduction of the mass looting system it is going to become very easy to obtain cloth and it's price is going to be rather "volatile".

Last of the professions that would be worth stockpiling on would be the enchanting market. As it is now the price of the Hypnotic Dust as well as all the other latest materials is cheap because the influx is rather high from people still doing the Ore Shuffle but as soon as that is over the price for the dust as well the essences will go up. While on this topic it might be a very good idea to stock up on some Jasper and Alicite which you can use later on for some post Cata DE action, as well as crafting and selling the rare rings to people that are leveling alts, or the new Pandas.

Ok i'll end this post here, but in the next post we are going to take a look at how to approach the end of the expansion as a Jewelcrafter, as well as a trader that wants to bank on the uprising of the new "PANDAmonium".

So, like always, keep an eye out for good opportunities out there.

[ketrish]

i prefer easier way - anything useable through professions' leveling x 1000 =)

[Bon]

Pretty common knowledge stuff, but you put the effort in so +rep

[Lokiskye]

Great post, thanks! I'll stay tuned for the JC part aswell!

[LeBOSS]

I'll be following and hope you continue posting.

[Mikelo22]

Good post. Just some other things to point out:

One of main pets I would look out for would be elementium geodes These are in high supply right now because botters are still out farming Elementium Ore. But when they move on to MoP ore, these pets will become extremely rare. So stocking up on them now while they are cheap and in decent supply will pay off when the supply runs out and their value rises significantly.

I disagree that inflation will magically hit the moment MoP comes. It will come fast in some areas of the economy and slower to rise in others. Inflation comes from the quest rewards and increased gold from drops in relation to the Cata rewards. Which means this will take time to sink in to the economy. It certainly won't be an overnight thing. It may be wise actually to buy Obsidium Ore (if it's cheap enough) right now while botters are still out farming it, thus keeping the supply exceptionally high. Once botters move on to MoP ore, this will also increase the value of it.

Obsidium Ore specifically will be much more valuable than Elementium. This is because more Obsidium Ore is needed than Elementium Ore for profession leveling. Elementium Ore's primary market are shufflers. And they, too, will be moving on to MoP ore. As an example, just look at Cobalt and Saronite. Both of these now cost more then Obsidium and Elementium respectively. Obsidium should, in MoP, be as valuable, if not more valuable, than Cobalt Ore is right now. Likewise for Elementium in relation to Saronite. So, buying them now while botters keep the prices cheap will actually be a smart investment.

I agree that it would be smart to invest in Hypnotic Dust (if it's cheap enough) on your server. Like Infinite Dust did in Cata, Hypno dust will eventually rise in price in MoP. But make no mistake that this will be very slow because many shufflers are also stockpiling it in their banks. I personally have 10 guild bank tabs full of it currently and loads more stuck in limbo in mailboxes. So do NOT invest in Hypnotic Dust if you're expecting a quick profit. It will be a very slow pace. I'm not sure I would invest in Greater Celestials though as I feel those prices are still held up by the current Cataclysm enchanting market. And I certainly would not invest in heavenly shards or Maelstrom Crystals. Both of these markets WILL crash and their recovery will be even slower and will never fully recover to the price levels they are at now. Just look at Dream Shards and Abyss for reference. (Though keep note that Abyss are artificially held up by Abyssal shatter and the continued high demand for Wrath enchants. Cata enchants will not be in as much demand in MoP. I could explain why but I won't bore you with it).

[Skaarlaw]

A lot of the level 90 crafted items require BoP materials... Spirit of Harmony - Item - World of Warcraft
Crafting will be more based on active players being rewarded with a high yield of BoP crafting items

[jaczar]

dont forget the scarlet set, i was told that it will be removed just as the defias set was.

[ketrish]

Good post. Just some other things to point out:

One of main pets I would look out for would be elementium geodes These are in high supply right now because botters are still out farming Elementium Ore. But when they move on to MoP ore, these pets will become extremely rare. So stocking up on them now while they are cheap and in decent supply will pay off when the supply runs out and their value rises significantly.

I disagree that inflation will magically hit the moment MoP comes. It will come fast in some areas of the economy and slower to rise in others. Inflation comes from the quest rewards and increased gold from drops in relation to the Cata rewards. Which means this will take time to sink in to the economy. It certainly won't be an overnight thing. It may be wise actually to buy Obsidium Ore (if it's cheap enough) right now while botters are still out farming it, thus keeping the supply exceptionally high. Once botters move on to MoP ore, this will also increase the value of it.

Obsidium Ore specifically will be much more valuable than Elementium. This is because more Obsidium Ore is needed than Elementium Ore for profession leveling. Elementium Ore's primary market are shufflers. And they, too, will be moving on to MoP ore. As an example, just look at Cobalt and Saronite. Both of these now cost more then Obsidium and Elementium respectively. Obsidium should, in MoP, be as valuable, if not more valuable, than Cobalt Ore is right now. Likewise for Elementium in relation to Saronite. So, buying them now while botters keep the prices cheap will actually be a smart investment.

I agree that it would be smart to invest in Hypnotic Dust (if it's cheap enough) on your server. Like Infinite Dust did in Cata, Hypno dust will eventually rise in price in MoP. But make no mistake that this will be very slow because many shufflers are also stockpiling it in their banks. I personally have 10 guild bank tabs full of it currently and loads more stuck in limbo in mailboxes. So do NOT invest in Hypnotic Dust if you're expecting a quick profit. It will be a very slow pace. I'm not sure I would invest in Greater Celestials though as I feel those prices are still held up by the current Cataclysm enchanting market. And I certainly would not invest in heavenly shards or Maelstrom Crystals. Both of these markets WILL crash and their recovery will be even slower and will never fully recover to the price levels they are at now. Just look at Dream Shards and Abyss for reference. (Though keep note that Abyss are artificially held up by Abyssal shatter and the continued high demand for Wrath enchants. Cata enchants will not be in as much demand in MoP. I could explain why but I won't bore you with it).

Inflation is made by players, if 1 player can menage around 200-300k mats then that players make the inflation =)