With 5.2 now delayed at least a week (or two) this still gives some time to get some more material gathering for flipping.
Blacksmithing was given a huge game changer with the announcement that you will be able to level a blacksmith from 1 to 500 with just Ghost Iron Ore/bars. This sounds nice doesn't it?
But don't get stuck into a trap of thinking that lots of people will start leveling blacksmithing at this point in the game. They are more apt to level a more money making profession (Jewelcrafting, Leatherworking, etc.). Many players are dumping their old world stock and looking to flip Ghost Iron Bars for profit. This is viable but ultimately will end up driving the market up to the point that players will turn again to the old world materials that end up being cheaper.
It will have a drastic effect on Jewelcrafting and Alchemy for their crafting timers. The Jewelcrafting shuffle will end up becoming more expensive at the outset for those crafters that didn't stock up on their ore from the start. The alchemist will be in the same boat from the high demand that will occur for Living Steel for the new patterns released with patch 5.2.
Just like any patch wave at some point this all will slow down and the prices will come down to a normal level. The Ghost iron bar/ore price point will stay higher than it is now, but once the miners get their stock out and players are happy with the their addition to their alt army the demand for the ore should be in a better price range.
Still, Investing in a few stacks (a few depending on your level of funds available) should be a boost to your gold making. If your in one of the heavy usage professions for ore (Blacksmithing, Jewelcrafting, Alchemy) then stocking up on what you need now will benefit greatly. I would set my price point between 50-60g per stack and jump on anything that drops below that. Again depending on your current money levels investing 5% of your stock should net you at least a 100% gain if the markets play out correctly.
Just keep into your eyes the status of your server economy. If your economy is depressed then sinking gold where players won't be willing to buy is just giving away your fortune. The same thing goes for a hyper inflated server, buying just for your own personal use and not being concerned with resell will give you a steady step as you continue through Patch 5.2.
Bring on the Thunder King, I have stuff to sell to him too.
Good Luck and Good Hunting
Want to get in contact with me? . Email me at Dragonbearjoe @ gmail. dOT com or find me on twitter at "@JMTCMommar" You can find me hanging out on the Shandris Server, chat me up and I will buy you a glass of juice.
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