Printing Gold - A New Tactic

So I was thinking last night how I could inflate the prices of ore and eternals to the point where my competition couldn't shuffle. Of course artifical inflation is the easiest and most profitable way to achieve this (which is basically buying everything and creating a demand for an item which doesn't exist).

Now the following tactic I'm about to talk about is the result of me sitting on over a tab of enchanting mats and 10-15 crates of more enchanting mats. With the price of enchanting mats dropping it doesn't make sense in my mind to keep producing more enchanting mats. Does it?

I can buy eternals up to 8g each (competition doesnt want to pay more then 5 or 6g) which makes my crystallized jewelery cost 1.6g in earths. Factor in the gem vendor value of 50s and the cost is 2.1g.

The crystallized jewelery vendors for 3.14g. Yes, I'm vendoring rings instead of disenchanting them. "Why in everything holy would I do that?" You might ask. Well look at it from this perspective.

I'm making a little over 1g from vendoring the items. Shuffling was resulting in 1.8g profit after everything is all said and done not including ah fees. So you might be thinking "yea but your losing 80s per ring and basically throwing money down the drain." and in a sense your right. I am throwing money down the drain BUT I am making a profit. I'm able to buy as much as I possibly want from as long as I don't exceed my price limits and I'll make a profit almost instantly.

This means I can drop 10k on eternals and ore. Craft rings and vendor them. Cut and sell the rare gems. I won't make as much money but the fact is I'm hurting the competition. I'm taking those eternals and ore away from them and preventing them from shuffling.

The only reason to do this is to cause inflation in eternal and ore prices. The fact I'm sitting on 200+ stacks of dust still is still allowing me to continue selling enchanting mats. When I get low on enchanting mats I'll make up some more dust but until then I'm vendoring rings to remove the items from game. The reason I don't just sit on the rings until I need enchanting mats is it recoops some of the cost. I don't have the liquid to continuously inflate the market prices without selling them to the vendor. (Well I'm sure I have the liquid but I'd rather not sit on tens of thousands of rings and eternals.)

The results of this so far is eternals hovering in the 8-10g range and saronite over 20g a stack (which 10-12g is normal on my server). My other shuffling competition got really loud in trade trying to find ore and eternals but couldn't and in fact has been pretty quiet lately (briefly logging on and back off and I'm guessing to check ah prices only to see things haven't changed).

Play smart and do your math before attempting this to see if it'll work for you. I'm not saying run out and do this but more or less throwing the idea out there for you guys to chew on and think about. Oh, one last thing, don't burn your citrine. You can use them for jade pendants for shards (if they are still profitable). You can also try selling gems in stacks of 3 or singles as well but that's up to you.

Behind The Scenes: Profitable Gem Cuts

One of the comments the other day was asking about what cuts I find profitable. So I figured instead of replying to the comment I would answer it in a post so more people would see it.

I'm just going to go by colors since the epic and rare versions of each tend to be about the same in terms of popularity. They are going to be listed in no particular order other then the order in which I stumbled across them on Wow-gem.com.

• Red - Cardinal Ruby & Scarlet Ruby
  
  
  
  • Runed
    
  • Bold
    
  • Fractured
    
  • Delicate
    
  
  
• Yellow - King's Amber & Autumn's Glow
  
  
  
  • Brilliant
    
  • Quick
    
  • Rigid
    
  • Smooth
    
  • Thick
    
  
  
• Blue - Majestic Zircon & Sky Sapphire
  
  
  
  • Solid
    
  
  
• Green - Eye of Zul & Forest Emerald
  
  
  
  • Enduring
    
  • Seer's
    
  
  
• Orange - Ametrine & Monarch Topaz
  
  
  
  • Etched
    
  • Glinting
    
  • Stalwart
    
  • Veiled
    
  
  
• Purple - Dreadstone & Twilight Opal
  
  
  
  • Glowing
    
  • Puissant
    
  • Purified
    
  • Regal
    
  • Shifting
    
  • Sovereign
    
  
  

Now I probably missed a couple but the fact is gems are pretty hit and miss. If your trying to figure out what cut to pick up next I would base it off your current stock.

For example, If you have 22 King's Amber and 10-14 of every other epic uncut then pick up a new King's Amber gem. By doing this you balance out your gems a little more rather then having five red and orange cuts and zero purple or yellow.