Post by Kammler from Kammler's Korner
One of my favorite movies is the 2004 King Arthur (Clive Owen, Keira Knightley) Not only is it told with an interesting twist on the Arthurian legend but it also contains one of my favorite movie scenes of all time.
Arther and his knights are escorting a Roman noble and his family to safety ahead of the invading Saxons. They must complete this task to earn freedom from their servitude to Rome. In his benevolence, Arthur chooses to escort the noble's vassals in the evacuation. This act of kindness slows their escape dramatically--what with oxen pulling carts, elderly and nearly crippled peasants and the only horses belonging to Arthur and his knights.
Unencumbered and hungry for a fight the Saxons march all night and at a much more war-like pace. Finally, the Saxons are nearly upon Arthur and the procession as the escape route runs smack into a frozen lake in the mountain pass. With no way around, they must cross it--slowly, because the combined weight of too many knights in one spot may crack the ice and plunge them to their deaths.
Arthur sends the noble and the remaining procession forward to Hadrian's wall whilst he and his knights stand to battle the Saxons upon the frozen lake. Outnumbered 25-1, the knights prevail with only one casualty.
But what does this have to do with opportunity cost?
In its purest form, an opportunity cost is the loss of an alternative course of action that occurs when a different course of action is chosen. Most often we think of opportunity cost in terms of financial choices--investment, jobs, or even earning gold in WoW. But it also applies to Arthur in this movie scene.
His choice is to stand and fight despite being horribly outnumbered. His opportunity cost is that of moving closer to reaching safety at Hadrian's wall. Other choices were also eschewed--setting traps for the Saxons, waging guerrilla warfare against them as they marched, slowing the invaders so that the caravan could make it to safety, etc.
The Challenge
Similarly, our choices of how to earn gold in WoW are zero sum choices--the are mutually exclusive due to time. One cannot both gather herbs AND craft glyphs at the same time. The choice to do one or the other makes the one not chosen the opportunity cost of the other selection.
Because in WoW we can gather herbs and THEN go mill them, make ink, buy the parchment, craft the glyphs and list them in the AH many players get confused by thinking the materials did not cost them anything. No gold was actually expended, right? These players believe that since they gathered the materials themselves they "saved" the cost of purchasing them on the AH. And this line of thinking can also further degrade the AH economy by leading players to dramatically undercut auctions, which can hurt everyone.
Here's a simple example using one stack of Elementium ore. Two players are involved, both starting at the SW auction house. Who earns more?
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Last nights meeting went awesome, we didn't have as many people as I liked, but we still talked about several topics that are worth mentioning. The recording isn't as long this time, only 44 minutes, but either way there is still some great content that is just waiting to be listened to.
You can listen to the meeting either below with the stream from 4shared, or you can download the recording itself from Multiupload - it has several mirrors, If you want a fast download speed I'd suggest rapidshare (:
I'll make a small list on what was talked about:
- Mysterious Fortune Cards
- Unheeded Warning Buff Next patch
- Saronite Shuffle - Worth it?
- Obsidium Shuffle
- Herbalist Glove Pattern - Niche Market
- Jewelcrafting Gems
Hey guys and girls, in celebration of breaking the 10,000 readership mark I am very excited to announce that for a limited time only, you can purchase the Cataclysm Gold Guide for just $27! That puts it at the cheapest amount it has ever sold for and believe me, this amazing deal won't last forever!
Included in the current sale of the guide are the following amazing bonuses:
- TradeskillMaster videos
- Free Updates For Life (includes even patches and whole expansions)
Baby Steps Guide - Max Profession Spreadsheet
- Audio Commentary Throughout
And since you're all JMTC fans here, I am offering you the promo code "JMTC" to get you an ADDITIONAL 10% off your purchase.
This deal WILL NOT last forever, get in on it while you can!
So let's fast forward to Cataclysm, Pyrite ore is the equivalent of Titanium, Patch 4.0.6 is being released next Tuesday and we're getting closer and closer to 4.2. Will the new epic gems be obtainable from prospecting pyrite ore? If so, should we be starting to stockpile this stuff months before Blizzard announces epic gems?
The patch is coming, will you have enough Jewelcrafting tokens to get all the epic gems cuts desired? Or are you using those tokens now to buy rare & meta gems? Will it be worth to save 30-40 Jewelcrafting tokens?
The answer is yes, it will definitely be worth it. At least saving a bunch of Jewelcrafting tokens is something that is VERY smart to do when epic gems come out. Pyrite ore? That's personal preference, myself personally I pick it up when it's cheap and just toss whatever I can into my own personal bank.
My though on stockpiling Pyrite ore is, " Hey if Blizzard doesn't make epic gems obtainable from pyrite ore, then I can simply prospect to meet my costs, if not more because of the volatile earth that comes from prospecting pyrite ore "
So what are your thoughts? Are or will you stockpile Pyrite ore? Are you going to start saving Jewelcrafting tokens months before any announcements are made?
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What is it? the Just My Two Copper Forums. Why? You ask? Because the forums can help anyone from any skill level. If you're just starting out and learning the markets, or if you're an amazing gold guru that knows the markets and makes thousands upon thousands of gold.
I use the forums daily, I constantly check for new strategies on how to make gold, new ways to improve my already impressive ideas and strategies, the forums help me 200%. The information there is invaluable, there is so much information here that your head will explode.
For starters, you can have other gold guru's help you make gold in the Help! I can't make gold portion of the forum, or you can go read about how someone went from being dirt poor to having thousands of gold on hand ready to be spent on whatever they wish/want.
There is also countless of excellent information in the professions forum, from the good old obsidium shuffle, to how to corner people out of a market, everything here is just excellent information
If you sign up and support the forums you can even have your own diary, and access to the awesome MVP & Premium Members section, both of which contain information that is just mind-blowing that is kept secret. This is personally the best part of the forum, it's top-notch information that is posted here before it is put out to the public.
The Verdict? The JMTC forums are there to help everyone who is interested in making gold, it's a resource that in my opinion is underestimated ( like the tutorials page ) and should be used more often. I encourage everyone to use it, weather you're simply starting out, or you're already a gold making guru.
One last thing before I let you go, don't forget to use another excellent resource that's right there. I'm talking about the JMTC IRC and the JMTC Friday Meetings, they're both 100% free and provide an excellent way to obtain information/talk & chat to other gold guru's.
There is a JMTC Meeting tonight, I pushed yesterdays meeting to today as something came up, So I hope to see you all there! (:
- Class Specific PvE Roles
- Class or Comp Specific PvP Tutorials
- Gold Making Addon Setups
- PvE Addon Setups
- PvP Addon Setups
- Gold Making Tutorials
- Twinking Tutorials
- OR ANYTHING ELSE YOU FEEL SOMEONE WOULD LIKE TO LEARN!
Don't forget to join us for tonight's JMTC Teamspeak meeting tonight at 9PM Eastern Time Zone
Maelstrom Crystals have been a pain after blizzard nerfed the best way to obtain them, many people have been asking me what is the best way to obtain these after the nerf to Alchemy? Well I have good news, there are two other ways to obtain them.
Disenchanting PvP Gear
This is a great to way get these pesky crystals. You can get two epics per week if you do hit your arena cap & do the daily BG a couple days a week. This is more of a "time is money" way to make gold but I find that doing 5 arena matches then a BG 3-4 times a week takes me roughly an 2 hours total per week.
2 hours worth of work for something currently worth 5,000g? Sounds good to me. This is a decent way to obtain these crystals.
Disenchanting The Engineer Helm
This is probably one of the better ways to obtain Maelstrom Crystals, though it does require a lot of things for it to happen. First you need maxed Engineering and Enchanting on the same character, then you need to be 85 and eligible to run heroics for chaos orbs.
The material cost to craft one helm is roughly 1300g plus the chaos orb, Maelstrom Crystals are currently selling for 3,000g per on my server, so it's still an awesome profit margin. The great thing about this is that you're able to craft as many as you want and you're not limited to X per week, though there is the limitation of the chaos orb.
I have 12 orbs on my engineer right now from running heroics , he's currently an alchemist but I'm seriously thinking of dropping that and putting enchanting on him again.
Why do I want Maelstrom Crystals?
Pass the twinkies, beer and arctic fur coasters, it's time for the Wow Gold Blogging Carnival! Come one come all, Markco the gold guru with the most commonly misspelled name of all warcraft legends has gathered together quite a collection of wow gold articles from across the Azerothean blogosphere! We have everyone from gold aficionados to common players all mixed together into a smorgasbord of information. Pass the popcorn and enjoy the vast range of topics and cataclysm gold lovin' goodness. Feedback is greatly appreciated and be sure to comment on articles you enjoyed reading. Also let the author know that you found their link via my site to promote collaboration among bloggers. That's the goal of a blogging carnival after all, besides providing excellent content.
This month's carnival is brought to you by Level85Guides, written and filmed by the original Wow Head CEO, Tim Sullivan. If you want to learn how to level as quickly as possible to 85 following video walkthroughs made by pro players, then this is the guide for you. Tim is a die-hard wow gamer and he has assured me that he will update the guide on a daily basis.
Be sure to check out past carnivals and give feedback in the comments on what you'd like the next carnival to be about. If you are a gold blogger and looking for additional ways to generate traffic for your site between carnivals then take a look at Traffic Blogger.
How would you make gold if you had limited play time?
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I've had my jewelcrafter around since Wrath so he has most of the major wrath gem cuts. I still have truckloads of saronite ore that I kept from stockpiling pre-Cataclysm's release. I've been prospecting the Saronite ore & I've been making a killing selling cut rare gems at 75-100g per! The gold to be made here is simply insane!
I'll explain why these gems are a gold mine, you'd think that people would buy the cataclysm gems for their leveling alts but the fact is that they can't! Cataclysm gems have a ilvl 285 requirement thus they cannot be put on anything below Cataclysm gear! Isn't that simply beautiful? Blizzard created an excellent gold making opportunity and you better be taking advantage of it!
What I've found is that the straight stat gems are selling the best, Agility, Intellect, Strength, Etc & I've also found that the occasional Haste and Spirit and other cuts sell once in a blue moon. One of the great things when selling wrath/bc gems is that the market is all yours to take! In the 5 weeks that I've done this I've encountered little to no competition. Another great thing is that the gems go in batches of 2's and 3's as most gear have either two or three slots
You'd be surprised how much people are willing to pay to get their toons decked out so they can go smash other people in battlegrounds. Is your Cataclysm gem market too over camped? heavily undercut? Try the Wrath and Outland Gem market and you'll be amazed how much gold there is to be made here!
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| Image Credit: bytelove.com |
This little trick is that I wait for the Jewelcrafting daily to come up that requires gems cut, once I see that the daily requires X gem I go to the AH and list them. Why? Why wait for the daily to require a gem? Because the demand for X gem will be insane. Sure you can sell Nightstones, Zephrydites, & Jaspars when it's not the daily but I find when the daily does require one of the three gems, prices go up, and they stay up for most of the day.
I've sold as many as 150 Nightstones in one day at 45-60g/per gem. One of the great things is that the quest requires three gems instead of one or two, thus people buy them in packs of three. I've also barked in trade some offering to sell gems 5% cheaper than the current AH prices and you'd be surprised at the amount of people who will take up this deal.
Another thing I found is that I can leave up my gems for 24 hours and they will all sell, even if I get undercut minutes or hours later, my gems still sell. Why? Because there is such a high demand for these gems and no one has enough supply to post, so my gems will be eventually be the lowest priced gem at the Auction House.
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Guest post by Stede from Venture, LLT
I’ve been promising my readers a guide for nearly two weeks. During that time, I’ve been posting on topics that have finally culminated in what I hope will become a worthwhile resource for the community. Enjoy.
Part I – Preliminaries
Part II – Theory
Part III – Execution
Part IV – Wrapping Up
Hey guys and girls, I know I said I wouldn't be a major contributor for JMTC anymore, but I just couldn't help myself with another post! I'll make myself more scarce in the future though for those haters of my style haha. Thank you to all the commenters on my farewell post, I appreciate them greatly.
Ok, so I have to first off apologize to Cold from Cold's Gold Factory and Wes from Capped by Cata. I'm about to overwhelm their awesome podcast which they've worked so hard on to put together. They are going to get more fan mail, more comments and more listeners than they know what to deal with.
Sometimes I feel like I am standing over a cannon with a lit fuse and it's just a matter of deciding who to aim at with regards to directing this audience towards a worthwhile website or resource. Especially when that link deals with a free auction house resource. I love this job haha.
Here I go, I'm taking aim at...
Last nights meeting was fantastic. I did record the meeting last night for those who couldn't attend it, You can either listen to it via stream from 4shared stream, or you can download the .mp3 here at this link - Abug from the IRC also uploaded the meeting to multiupload, there are multiple mirrors there for those who do no wish to use filefront, thank you very much Abug :) . I'm sorry about the quality, there we roughly 50 people in the server, and sometimes we had to take turns talking, my internet was also lagging, so that reduced the quality, again I'm sorry :( All in all, I think the meeting went excellent.
Regarding the time of the meeting it's extremely hard to set up the meeting to please everyone. If I set up the meeting at 7PM EST, people on the west coast are still at work, and people who live in Europe are sleeping, if I start the later, west coast players can join in, but people overseas are again, sleeping ( it's 2-4am depending on the meetings start time ). I will be switching up the times to try to get everyone in once a month, but I can't promise anything. Do keep in mind that these meetings for for 3-4 hours, and I do record them and post them the next day :P
This is being submitted to Itunes & The Zune Marketplace, it's up & waiting for approval, as soon as it's up I'll let you guys know & will update this post.
Any who, I hope you guys enjoy it, I recorded roughly 2 hours of the meeting, A lot of awesome information was tossed up, I'll make a very short list regarding what topics were discussed:
- Mysterious Fortune Cards
- Obsidium Ore Shuffle
- Netherweave Bags
- Selling Wrath Enchants
- Call to Auction & Auction House Junkies
- Trade Skill Master
- Selling Cogwheels
- Upcoming Patch 4.0.6
Drop a comment on your thoughts on these meetings, do you like them? Are they fun to listen to?
Click to Continue Reading...
I got an e-mail today from a reader who asked, which are the best gems to sell, which gem cuts are the most marketable when sold by quantity rather than the value of a gem and it's profit margins. So I thought, there is one site that lists the most popular gem cuts; Wowpopular.
Wowpopular is a great resource to use when you're trying to sell items such as glyphs, gems and enchants, pair this up with a little research on the elitist jerks forums, and you've got yourself a nice list of the best in slot enchants, glyphs, and gems that sell rather well.
I'm going to make a small top 2 list on which gem cuts are the best to sell according to color, do keep in mind that this is simply a list of cuts that people should be buying according to Wowpular and a little research done on the elitist jerks forums.
Red
Orange
Blue
Purple
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There will JMTC Teamspeak meeting Tonight. The meeting will start promptly at 9:00PM EST. This meeting is open to everyone that is willing to come. We can talk about anything from helping you make gold, to even how you're making gold right now. If you don't have a mic, you're still welcome to come and ask your questions/ideas in vent chat, and I'll personally make sure they get answered.
Teamspeak is something different than ventrilo I know, but last time I held a meeting, only 40 people got into the actual meeting, by using teamspeak we can have roughly 400 people join before the channel gets full. Keep in mind you will have to download a new program, it's 100% free & no cost required. You can download Teamspeak 3 over at their website.
Meeting is now over, check tomorrows post at 11am for a recording of the first 1-2 hours of the meetingI will leave it up until 10PM EST, at that time I will remove the information.
This is a way to communicate with other gold guru's and pick at their thoughts, ask them questions about anything WoW related. It's your way to get help with gold related strategies, so don't miss out! I hope to see you there! As always I will be recording as much as I can of the podcast and posting it the next morning for those of you who couldn't attend. It will be posted at 11am tomorrow morning.
Also, anyone is welcome to join the JMTC IRC and ask questions at any time! This is your 24/7 Gold Guru heaven. You've got questions, we've got answers!
Hello everyone, it's Mageshadow here and I'm preparing my next JMTC blogging carnival for February 2nd! The topic will be "How would you make gold if you had limited play time?" and if you'd like to enter simply read the instructions for all the blogging carnivals here at JMTC. I hope to see a decent turn out of bloggers writing about this topic! You've only got a couple days until the next carnival!
If you aren't a blogger, do you have a good way to make with limited game time? If so, leave a comment below!
P.S Follow me on twitter, I'll be tweeting great gold tips all weekend long!
When I first started blogging there really was no site out there that existed for the sole purpose of giving gold tips on a daily basis, every day, consistently and with great quality. It was sheer luck that I managed to fill this void and succeed in the first blogging expedition I had ever attempted. However, in my quest for power to become the number one blogger among gold blogs, as many goblins have documented in the past, I began using questionable strategies to boost my traffic and lower that of my non-existent competitors.
Doomed to Fail
It is for this reason that I blame myself when I look around these days and see dozens of wow gold sites popping up out of nowhere. Some of them have grown into really impressive communities, which again I blame myself for helping them to build these. Not to mention those damn blogging carnivals, those have turned unknown bloggers into renowned community members of the wow blogosphere sometimes overnight. Darn, my master plan was to suck those unknown blogs dry and steal their handful of subscribers for myself! Damn it, foiled again! And what's this, other blogs in the community are running their own carnivals or 'best of the month' conventions. Gah! Some even started their own podcasts, so Castaclysm was a failure as well it seems... What's next another gold forum? Ah shi...
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Do you ever put gold into a random idea you saw online because well, someone told you to?
Yes, I'm talking MMO-Champion down to the random selfproclaimed expert you find on any old blog (including myself on this one).
Well do you? When I say "Netherweave Bags R Gre4t!!!11!" do you go off and buy cloth at any price and then flood the auction house with 50 bags? Well then, you're in luck because this article is for you!
The reason you shouldn't follow a blogger's opinion word for word when it comes to making gold is that we do not include every ounce of nuiance you require to make the strategy work 100% of the time. Sure, under the conditions we talk about in our articles, yeah, the strategy works great, but on your server things will often be different! Instead of following the strategy to the letter, you should think about why the strategy works in the first place for the blogger who is talking about it.
Let's take those netherweave bags for example.
There will JMTC Teamspeak meeting Friday, January 28, 2010. The meeting will start promptly at 9:00PM EST. This meeting is open to everyone that is willing to come. We can talk about anything from helping you make gold, to even how you're making gold right now. If you don't have a mic, you're still welcome to come and ask your questions/ideas in vent chat, and I'll personally make sure they get answered.
Teamspeak is something different than ventrilo I know, but last time I held a meeting, only 40 people got into the actual meeting, by using teamspeak we can have roughly 400 people join before the channel gets full. Keep in mind you will have to download a new program, it's 100% free & no cost required. You can download Teamspeak 3 over at their website.
The information will be posted two hours before the meeting ( 7M EST ). I will leave it up until 10PM EST, at that time I will delete this post.
This is a way to communicate with other gold guru's and pick at their thoughts, ask them questions about anything WoW related. It's your way to get help with gold related strategies, so don't miss out! I hope to see you there!
Also, anyone is welcome to join the JMTC IRC and ask questions at any time! This is your 24/7 Gold Guru heaven. You've got questions, we've got answers!
Now you might be thinking, one Maelstorm Crystal? Those are kind of expensive! Especially now after Blizzard nerfed the best way to obtaining them. So what's the deal? Click to Continue Reading...
Patch 4.0.6 is coming, some people speculate as soon as today, or next week tuesday so I thought, let me go review the patch notes and outline things that are being changed that are good/create good gold making opportunities, so I've made a list
- Mystic Cogwheel is a new Engineering Cogwheel gem which provides resilience rating and can be purchased from the Engineering vendor for 55 Honor Points.
- The Honor Commodities and Justice Commodities Vendors now sell raw tradeskill materials. These are not intended to be a cost-effective source of these materials, but an option for players with lots of Justice or Honor Points who have already purchased all of the gear that interests them.
- Illusionary Bag now has 26 slots.
- Volatile Air now has an increased chance of dropping from rich mining nodes and Pyrite with the Electrostatic Condenser.
- Three new enchants are available. They increase Agility by 50, Strength by 50, or Intellect by 50 respectively. Item level 300 or higher required. These new recipes are rare world drops.
- Enchant Off-Handed - Superior Intellect now increases Intellect by 40, down from 100.
- Vivid Dream Emerald (new gem) provides resilience/spell penetration and can be purchased for 3 Illustrious Tokens.
- Alchemist's Stones for Agility, Strength, and Intellect have been added. ( Each stone still requires 50 volatile life to craft )
- The number of herbs required to create flasks has been reduced, while the Volatile Life needed has been increased slightly.
- The drops from Tiny Treasure Chests have been improved slightly.
- Meta gems with the Chaotic and Relentless prefixes now have a requirement of 3 red gems.
- New meta gems have been added: Agile Shadowspirit Diamond (Agility/3% critical damage), Reverberating Shadowspirit Diamond (Strength/3% critical damage), and Burning Shadowspirit Diamond (Intellect/3% critical damage). These new recipes are unbound and can drop from any Cataclysm creature. The new meta gems have a requirement of 3 red gems equipped.
- Many Epic items have had their stats reduced; at the gain of gem slots.
Today starts of a small mini series of posts that will help you use & understand the newly released addon, Trade Skill Master. Now do keep in mind, this addon isn't for everyone, if you've never used an addon such as Quick Auction or APM, it might be a little rough at the start, but once you've got all the right settings it will same you so much time, you won't even believe it!
Auctioning Items & Groups/Categories
First and foremost, let's start off by teaching you how to have this addon auction off items. You will first and foremost need to configure some settings, make sure you have the addon installed, type /tsm and the big menu will come up, you're going to want the Auctioning Groups/Options button that is to the right hand side, click it and you will see this screen to the right.
This might get a little bit hectic, but stay with me, I'll go slowly :)
Once here, click Catergories/Groups. This is where you're going to want to configure the default prices on items, for example every time you create a new group, the default prices will be used unless you change the manually. I'll give you my default options for posting glyphs with the screenshot to the right.I'll explain some of the items. Post cap is at three, this mean it posts 3 items of X in a group of 1 ( per auction ). Post Time is set to 48 hours by default, you could set it to 12 or 24, I like 48 though.
I undercut by 1 silver this way I don't loose out on profits. Threshold is set to 5g, this is the lowest you're willing to sell an item at before it posts it at fallback, which in this case is set to 60g.
Once you've got all of that set up, you're ready to start making groups
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Guest Post By Aliciana from Adventures in Warcraft
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| Image Credit: Nerf Faids |
The easiest way to begin to define your niche is to start with whatever professions you are leveling. What materials do you gather or what items do you craft that are consistently in high demand? Are there any other uses for a particular crafted item? You may also want to look at items that drop consistently while you are questing? Once you have the above figured out, then you can begin to build up your base inventory which consists of staple items that sell consistently at a guaranteed price point over the long term.
A great example of staple items are bags. Every single person in the game needs bags to carry their materials and inventory and each crafting profession has several bags that they can learn to craft. However, some bags sell better than others so as a seller you may have to monitor the Auction House for a short time and go through a little bit of trial and error to figure out which ones sell the best on your server. - What = flasks and potion
- Who = players who are running instances and raiding.
- Why = the flasks provide useful buffs that increase their stats.
- When = what nights are the most popular raid nights on your server?
Click to Continue Reading...
Last nights meeting was awesome. I did record the meeting last night for those who couldn't attend it, You can either listen to it via stream from 4shared stream, or you can download the .mp3 here at this link. I'm sorry about the quality, there we roughly 85 people in the server, and sometimes we had to take turns talking. Also there were a few times were I or other users tried to talk but they couldn't because it bugged out. I'll admit, I was a bit nervous at the start ( you can tell ) but it was quite nice once it got started.
I had loads of fun, thought Teamspeak is a little buggy ( I didn't get to say goodbye/end the meeting because my mic wasn't working at the end ). I will be hosting these meetings every Friday night. I will try to change up the times sometimes it will run late night ( 10-11PM EST ), while other times it will be the standard 7-8PM EST. I'm running a couple late night meetings so the people on the west coast can join in as well.
I will be starting a podcast with this, I will submit this to Itunes and Zune, it will be updated weekly. I think this can become a great resource to have in general.
Any who, I hope you guys enjoy it, I recorded roughly 2 1/2 hours of the meeting, there is some great info in there, so check it out!
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| Image Credit Igniq.com |
I told you it was simple didn't I? Well, It is. I buy the cards off the Auction House. I check the AH twice everyday for cheap cards and I check both factions. I've managed to get cards as cheap as 700g by doing so. Once I have a full deck completed, I make it and sell it in trade chat.
I've built decks for as cheap as 8300g ( 1037g per card ) and I've sold them for 22, 23.5, and 24k. It's so easy, it just requires about 10,000g and some patience. Patience being the keyword, The few decks that I've built have taken me about a week to get. Why? Because I'm waiting for the right price to buy the cards that I need. Some cards might take longer to obtain than others, but you simply need to have patience.
Try it out guys, slowly build a deck of your own ( DON'T Pick the earthquake deck - It sells horrible ) for cheap, once you've got the deck complete, sell it for a profit. It's easy, simply & a very effective method of making gold.
Click to Continue Reading...
There is a JMTC Teamspeak meeting tonight at 7PM EST. The meeting will start promptly at 7:00PM EST. This meeting is open to everyone that is willing to come. We can talk about anything from helping you make gold, to even how you're making gold right now. If you don't have a mic, you're still welcome to come and ask your questions/ideas in vent chat, and I'll personally make sure they get answered.
Teamspeak is something different than ventrilo I know, but last time I held a meeting, only 40 people got into the actual meeting. By using teamspeak we can have roughly 400 people join before the channel gets full. Keep in mind you will have to download a new program, it's 100% free & no cost required. You can download Teamspeak 3 over at their website.
The Meeting is now over, I will post a 2 hour recording tomorrow morning at 11am for those who want it :)
This is a way to communicate with other gold guru's and pick at their thoughts, ask them questions about anything WoW related. It's your way to get help with gold related strategies, so don't miss out! I hope to see you there!
Also, anyone is welcome to join the JMTC IRC and ask questions at any time! This is your 24/7 Gold Guru heaven. You've got questions, we've got answers!
Hello fellow guys & gals, welcome to another week of Ask a gold guru! It's been a long week and I've picked out, as usual, three reader e-mails & answers that are worthy of sharing with you guys, so let's get this started!
First off, we have a user Bags99 who is e-mailing me and Markco about the Podcast Call To Auction, he's asking me if I could do/host a new episode.
" Hey Magey, Just thought I would pass on an idea that might assist in improving your cred.
As far as the Tradeskill master Guide, I'm working on it slowly. Like I said, It will be a 3 part mini series on how to properly use & maintain the addon. I will be focusing on glyphs for the most part as that's mostly what I use the addon for. If you haven't already, check out Zoxy's Compilation of his guides on TSM. "
Best of Luck,
Mageshadow
Stop. Running. Start. Learning.
Click to Continue Reading...
There is a JMTC Teamspeak meeting tomorrow at 7PM EST ( Friday Night, Sorry guys! ). The meeting will start promptly at 7:00PM EST. This meeting is open to everyone that is willing to come. We can talk about anything from helping you make gold, to even how you're making gold right now. If you don't have a mic, you're still welcome to come and ask your questions/ideas in vent chat, and I'll personally make sure they get answered.
Teamspeak is something different than ventrilo I know, but last time I held a meeting, only 40 people got into the actual meeting, by using teamspeak we can have roughly 400 people join before the channel gets full. Keep in mind you will have to download a new program, it's 100% free & no cost required. You can download Teamspeak 3 over at their website.
The information will be posted an hour before the meeting ( 6PM EST ) It will be posted at this exact spot come 6PM EST. I will leave it up until 9PM EST, at that time I will delete this post.
This is a way to communicate with other gold guru's and pick at their thoughts, ask them questions about anything WoW related. It's your way to get help with gold related strategies, so don't miss out! I hope to see you there!
Also, anyone is welcome to join the JMTC IRC and ask questions at any time! This is your 24/7 Gold Guru heaven. You've got questions, we've got answers!
There is a new Cataclysm Engineer Market, do you know what it is? Any idea? Cogwheels.
You read right, cogwheels. I got this idea from the ventrilo meeting that I held last friday night, we were throwing ideas out on how to make gold, and one user ( I wish I could remember who ) threw this idea out:
- Buy Obsidium Ore/Bars off the AH
- Turn them the Bars into as many Handful of Obsidium Bolts as possible
- Head to Twilight Highlands and turn the bolts in for Cogwheels.
There are a total of three cogwheels that can be bought by using this method, there are more than 3 cogwheels in game, but they require harder to obtain/craft materials and some of them aren't really worth it. The three cogwheels that you can obtain by buying them with obsidium bolts are:
- Quick Cogwheel - +208 Haste
- Smooth Cogwheel - +208 Crit
- Subtle Cogwheel - +208 Dodge
Using this method you're turning 20-40g into something that Frank Natalecan be sold upwards of 400g. The great things about selling these cogwheels is that engineers don't only need one, they need two different cogwheels for their helm. This means you'll be selling the cogwheels in pairs instead of singles.
The vendor are located in Twilight Highlands, Frank Natale sells them for the alliance while Zim Bamzabble sells them for the horde.
Thank you very much to the user who brought this up during the last JMTC Ventrilo Meeting.
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Guest Post By Miss Mediocre, from her blog, Miss Mediocre
Greetings JMTC readers, I am Miss Mediocre. I wanted to write a guest post about making gold with Archaeology, because I believe the majority of players who are interested in making gold have yet to give Archaeology a shot. At first glance it really doesn't appear to be a good gold maker, and I don't believe Archaeology could take the place of any of your main professions, but it can be a nice way to make some gold while you're out doing other things!
In case anyone is unfamiliar with Archaeology, I'll briefly explain the basics. It is the new secondary profession, meaning like cooking, fishing and first aid, anyone can train it at any level in addition to your two main professions. You do gain experience when digging up fragments from dig sites, which are shown as little shovels on your map, so it can be a viable way to level without questing, even past level 80. You also have a chance at finding 6 Bind to Account level 85 epics with an item level of 359 which now that epic gear is a bit more difficult to obtain, makes Archaeology slightly more appealing.
The best thing about Archaeology is that you can just do it as you're doing other things. The dig sites on your map are only available to you, so there's no rush to get to one before another player cleans it out. This means you can just stop at the dig sites whenever you happen to be in the area. I like to work on Archaeology as I'm mining or picking herbs or waiting in que for a battleground or dungeon. It can get pretty tedious going out and doing it for hours and hours on end, so unless you're set on finding one of the BoA epics, I'd avoid that approach, and just work away at it whenever you can.
Just a note in case any of you expect to read about the Vial of the Sands in my post, I'll clarify quickly as to why farming the recipe isn't a good way to make gold with Archaeology. The Recipe : Vial of the Sands is Bind on Pickup and can only be seen in a canopic jar (which is a Tol'vir relic) by Alchemists. The thing that was changed to Bind on Use was the Vial itself. Even finding a canopic jar is a feat, as Tol'vir dig sites only have a chance to appear once you've reached 450 Archaeology, and then there's only a chance the canopic jar will be the relic you have to solve. Plus, the recipe has a fairly low drop rate from the jar as well.
Now onto how to actually make some gold! While you're out finding fragments at dig sites, you also have a chance of finding uncommon keystones. There is one type of keystone for each race, and if added to certain relics with keystone slots, one keystone can take the place of 12 fragments (roughly one dig site's worth).
Keystones :
- Tol'vir Hieroglyphic - Tol'vir, Uldum
- Vrykul Rune Stick - Vrykul, Northrend
- Nerubian Obelisk - Nerubian, Northrend
- Draenei Tome - Draenei, Outland
- Orc Blood Text - Orc, Outland
- Dwarf Rune Stone - Dwarven, Mostly Eastern Kingdoms
- Highborne Scroll - Night Elf, Mostly Kalimdor
- Troll Tablet - Troll, Mostly Eastern Kingdoms
Dalaran has come and gone, it is now a desert wasteland only seeing a couple handful of visitors at it's peak, instead of the hundreds upon hundreds of players the city used to maintain. What does this leave us with? An excellent gold making oppurtinity.
Dalaran has several shops & vendors that sell a wide variety of items, now that this city is rarely visited by players, the competition for these items has decreased, thus creating a way to net yourself a nice chuck of change. In this small guide I will cover the top items that can be bought from vendors and later resold at the AH for insane amounts of gold.
Dalaran Hats
This one came up in Friday nights ventrilo meeting, a couple people said they've been making a killing selling these hats, as simply there is no competition and people are too lazy to get ported to Dalaran and then get another port back to a main city. No competition allows you to put these hats up at virtually any price ( I'd say under 500g for best results ).
Dalaran Bouquet & Flowers
A vendor named Aerith Primrose who is located right outside the violet hold, she sells flowers & bouquets. This is a very niche market. I rarely see these items posted at the AH because people simply don't know these exist. There are a total of 6 flowers/bouquets, ranging anywhere from 4 silver to 40g. I did a guest post over at Cold's Gold Factory on these bouquets way back then, I suggest you check it out.All in all these flowers are an excellent way to boost your daily income. The risk is low as you can buy the flowers for as little as 4 silver. I can sell these flowers anywhere from 25-100g per.
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Small tip on top of today's post guys, and it's for the enchanters out there. I know cataclysm enchants are selling for below cost right now with only a couple enchants actually being sold for a profit.
Take a look at the +15 stats enchant to chest. It requires 2 lesser celestial essence to craft and sells for 150-200g per. It's an awesome enchant to sell as it's the second best enchant for the chest for almost everyone, the best being +20 to chest, which requires an absurd amount of materials to craft. I've been DE'ing tons of Jewelcrafting materials, and this is an awesome way to get rid of those extra essences that you can't sell.
Also, check out the Hurricane enchants. This does cost a little more to craft, costing 6 heavenly shards & 6 volatile air, but I can manage to sell these enchants around 1,100g per. I'm currently making 4-500g per enchant and they're selling like hotcakes.
That's all for today folks! Make sure to check out the new Trade Skill Manager Addon posted below!
Trade Skill Master has been released! What is this addon you ask? This addon replaces APM, but in a much better way. It integrates APM & Scrollmaster, thus creating an addon that calculates the best items to craft based on the costs of items, it then puts it into a craft queue. From there you can use the shopping module to buy all of the materials off the Auction House & craft the items. Once you've done that you can use the APM part of the addon to post everything.
This addon has been in development for months, I've personally tested this addon for months. Markco did a post on this addon back in November of 2010, it outlines the basic ideas for this addon, all of which have now become close to true. The addon itself can be found on curse. I will be personally doing an in-depth 3 day mini series on how to properly use and maintain this addon which will be focusing on glyphs, this will be posted at JMTC Monday, January 24, 2010.
I've had this addon for months now and I can safely say that it's 2,000 times better than APM, from the crafting, to shopping, mailing modules, everything is here is just fine tuned to help you make gold with ease. I asked Cente, one of the addon managers/contributors to write up a little something on TSM's Goals and give a short explanation about the addon itself, so please give a welcoming hand to Cente.
" Hello Auctionophiles! Your friendly neighborhood goblins from Auction Profit Master are here to tell you some great news! APM IS DEAD! We’re discontinuing it! Ain’t that great??!? And hey, guess what? All these weeks of minimal updates to APM and Scroll Master have allowed us to create ONE HELLOVA addon! We introduce to you:
TRADE SKILL MASTER! (trumpet fanfare)
The goals of TSM align right with Markco’s original goals of JMTC: that making TONS of gold should be easy and accessible to anyone with the ambition and the motivation to do it. Trade Skill Master combines many of the features you loved in Auction Profit Master with the crafting ability of Sapu’s successful addon Scroll Master, includes some of the features found in Auctioneer and mixes in a heaping dose of new features from our own heads, the minds of the auction blogs we frequent, the #JMTC irc channel, and (most importantly) our testers and fans.
One of the best parts about our addon suite is that we are keeping it all modular-- that is, you can use all the pieces of our addon that you need or you can just use one or two- the choice is yours. And unlike Auctioneer, we strive to make our interfaces as clean-cut and simplistic as possible (“Auc:Util:Scan Button- hmm, wtf IS that anyway?”). We also strive to create memory-light, efficient code that loads on-use whenever possible- your computers will thank us!
We want to be VERY close to the goblin community and are looking forward to responding to the needs of the public! We are anxious to hear feedback from all of you (including, most definitely, the blog authors out there- let us know if you write anything about us so we can add your site to our blog author list). Make sure each of you read the Curse page for instructions on how to get involved!
So, without further hesitation, please try out our addon now! Please keep in mind they’re early betas and might not have all the bugs worked out yet, and we have plenty more features in store! Just My Two Copper/The Gnomish Coin is the very first blog to know about it, so be sure to thank Markco and Mageshadow for their hard work to make sites like these possible!! "
Sapu, who is the lead developer of this addon also has some words to say:
There are multiple alchemy items that sell well when they're shown off. They range from elixirs that make you grow, to oils that turn you into stone and freeze you. These items are great to sell especially if you use them on yourself to attract other's attention to yourself.
I'm going to be listing the top three alchemy vanity items that not only are cheap to craft, but they also sell extremely well if advertised correctly.
Elixir of Giant Growth
This is the first of the three vanity items. This elixir is not trained, it is taught by a recipe. With the recent release of Cataclysm, Blizzard decided to buff the recipes drop rate for this, you can now find it for extremely cheap under 10g at most Auction Houses.
To craft one Elixir of Giant Growth, you will need 1 earthroot, and 1deviate fish and of course, one crystal vial. The material cost for creating one elixir is about 90 silver. I can sell these elixirs roughly at 10g per, sometimes more depending on the competition.
This elixir makes you a little bigger than what you normal, and that catches people's attention. By simply putting a small ad in trade chat you'll boost your sales substantially. The add I find that works well is:
" Want to become a little bigger? Try out [Elixir of Giant Growth] found at your nearest auction house! "
Deepstone Oil
This is the second of alchemy vanity items. This elixir is trained. You do need Cataclysm in order to craft this oil. What this oil do is freeze you in place, no matter what you're doing.
The great this about this oil is that you have a chance to craft 1-2 every time. To craft one Deepstone Oil you need one Albino Cavefish. These are a little hard to obtain, you can only fish them in Deepholm, you'd be better off buying them if you don't want to farm them. Currently one Albino Cavefish goes for 9g on my server, while one Deepstone Oil sells for 19g.
Another awesome thing about this oil is that it's needed to craft the Vial of Sands, which is the new Chopper of Cataclysm. You need 8 total.
I find that grabbing a rare mount ( such as the Vial of Sands Drake ) and pairing this oil up with the elixir of giant growth works extremely well. Sometimes I don't even advertise I simply sit still and people ask me... how are you frozen? What's that Oil? This Oil is such a great seller, I can barely keep them in stock at times.
Potion Of Illusion
Wow. Just simply wow. It was great, you guys managed to fill a 40 man vent in under 5 minutes of me posting the information. The meeting went great, we shared ways each one of us are making gold, we discussed controlling markets, niche markets, new markets, we talked about everything.
One thing I do wish that I did was record the whole meeting. One user, Nonk, recorded about an hour of the meeting, he uploaded it to filesend and sent it to me. I am having some issues when I try to download the .mp3 file as it says "file not found" or it redirects me to another site which requires a xvid plugin ( of which installed countless times ). Here is the link to the file, if anyone figures it out please leave a comment with a link or something, I spent roughly an hour before I gave up.
In the future I will be hosting the meetings BUT I will most likely not hold the meetings in vent. While it is easy and convenient for Wow players ( as we use vent often ) it does not allow everyone to participate. Within 5 minutes of me putting up my ventrilos information it was full. This vent is a 40 man vent, I can't even begin to imagine how many of you would of showed up if there was enough room. Zerotorescue from the IRC and forums offered me to use his Teamspeak 3 server, which hold an unlimited amount of people ( correct me if I'm wrong ). I will most likely use that for the next meeting, granted it goes require for you to download a new program and all, but it will allow you to participate fully rather than waiting for a user to DC while you try to connect, or a clicking connect 1,000 times.
All in all the meeting went awesome, I enjoyed every second of it. I will be holding meetings like this every Friday night at 8PM EST, don't worry I will remind you every Monday morning, every Wednesday morning and again that Friday Morning & Afternoon. I will start recording these meetings from now on and be posting them the next day at 11am ( Saturday morning ). I'm really excited about this, it's something that you'll be able to listen to on-the go ( Hint hint Podcast! ). I simply cannot wait for the next meeting, I hope to see you all next week!
Blizzard recently told us of one change that is currently on the PTR, and that is:
- The Honor Commodities and Justice Commodities Vendors now sell raw tradeskill materials. These are not intended to be a cost-effective source of these materials, but an option for players with lots of Justice or Honor Points who have already purchased all of the gear that interests them.
This could be a HUGE gold making Opportunity, if you're one of the firsts to sell whatever Blizzard has in mind, you could make thousands upon thousands on gold in an hour or even less. I personally have 3800 Justice Points just waiting to spend ( my mage is already decked out in gear ). I'm thinking Blizzard with add another Frozo The Renowned type of vendor, only this time the currency that is being traded are Justice Points and Honor Points. Either way this little addition to the game will heavily affect the prices of the items that you will be able to obtain.
This is one of the biggest and most interesting change since Cataclysm has hit. I wonder what type of items blizzard is going to allow you to buy with Honor & Justice Points, What are your thoughts?
As some of you might know, there is a JMTC Ventrilo meeting tonight at 8PM EST. The meeting will start promptly at 8:00PM EST. This meeting is open to everyone that is willing to come. We can talk about anything from helping you make gold, to even how you're making gold right now. If you don't have a mic, you're still welcome to come and ask your questions/ideas in vent chat, and I'll personally make sure they get answered.
The vent information will be posted an hour before the meeting ( 7PM EST ) It will be posted at this exact spot come 7PM EST. I will leave it up until 9PM EST, at that time I will delete this post.
This is a way to communicate with other gold guru's and pick at their thoughts, ask them questions about anything WoW related. It's your way to get help with gold related strategies, so don't miss out! I hope to see you there!
Also, anyone is welcome to join the JMTC IRC and ask questions at any time! This is your 24/7 Gold Guru heaven. You've got questions, we've got answers!
Check out Cold's Gold Factory & Capped By Cata's new secret project, Hagor isn't being a very good goblin!
Edit: Meeting is over
Another week has gone by and I've gotten a couple excellent e-mails from everyone, I've picked out three that i think are awesome. Stay with me, one is especially lengthy, but It's full of information!
First up we have a reader who is going to transfer to another server soon and asks what tips can you offer?
" Greetings Mageshadow!
I answered Ahcamper's question with the following response:
" An excellent e-mail on a great topic. If you're looking to transfer to another server you will first want to "scope" out the servers AH, check the prices for items, see what you can buy for cheap on your current realm and then sell for profit once you're on the realm of your liking.
Don't scope the AH once and think that those are the prices for the server, check 4-5 times before you make a decision, as prices will most likely vary every time. With the gold transfer limit being 50,000g now at 85, depending on how much you're going to have to spend will vary from person to person, but you will you want to bring over items that are either:
- Expensive & Yield a nice return
- Cheap but in MASS quantity
Since you said the server is lopsided, it seems that Cross faction would be an excellent way to make gold. Check the prices for on both sides and see what you can sell cross faction for profits. Since one side has more you should be able to get items like herbs and ores for cheap, while the other side isn't going to have much supply, hence creating an excellent gold making opportunity. "
Best of luck,
Mageshadow
Up next we have a reader who is concerned about Auctioneer's old data affecting his/her prices and asks, what's the easiest way to wipe auctioneers data?
Before I get started with the article, I want to say thank you to everyone who prayed or showed support in other ways when I went to the hospital two days ago. I'm still having a difficult time but the hard part is over for now. I am feeling better and obviously good enough to put a post out for you guys and girls!
The problem with making gold for most players is not that they are incapable of doing it but rather that they are not using proper problem solving techniques when faced with decisions pertaining to making gold. What happens in most of these cases is that the player freezes and is unable to make a decision. He or she is unable to become a problem solver and find ways to make gold because...
- The player is afraid to make a mistake and lose gold.
- The player is afraid that their experiences are inadequate for making a decision.
The best way to overcome fear is with knowledge and empowerment, so the way I try to help players learn to make gold is to show them just how smart they actually are through excersises in exploring their server's auction house.
For example, here is a list of wonderful strategies for making gold which cost you almost nothing and universally have a very high return on investment (that means you should go do them because they are easy and will make you lots of cash at any level and on any server).
Click to Continue Reading...
Guest Post By from Altos Gold"ish" Advice
First off, I would like to thank Markco for getting me started in my quest for gold in the game of World of Warcraft….. Most of you know me as Alto from over at Alto’s Gold”ish” Advice - The Worst WoW Blog Ever! I am grateful to have this opportunity to have a guest post at JMTC. I am going to be talking about a spot that I have been farming now for some time, stumbling on it by complete accident. Here’s the story:
I was questing in Hyjal some time back, and got completely bored of the content (second toon leveling there, already saw the new content, so not impressed anymore…).
I decided at that point to bust out the trusty fishing pole, and farm a few pools for the Volatile Fires (2-4 per pool). There are a few that spawn randomly here, so within a few minutes work (and a little luck), you can hit 500g quite quickly. (FYI-Don’t forget to use your find fish to assist in finding the pools of fish easier….)
Twilight Subjugator (tauren, troll, and what seems to be a humanoid type) were all on the list. After picking them, I would smash the mob, and very quickly, as they have very low health for 81 mobs. To my surprise, they started to double spawn right on top of me. Literally…. The spawn rate was so fast that I could barely run through half of the town before respawns, if they didn’t already. They drop decent loot, around 1g per in cash, Embersilk Cloth (about 15% I gather), greens (around 5%- great for D/E’ing- not so much for AH sales anymore), and plenty of greys that vendor for 2-6g each. To the left is an example of a loot that I obtained from one Twilight Subjugator.Click to Continue Reading...
- Mount Hyjal:
Volatile Fire - Vashj'ir:
Volatile Water - Deepholm:
Volatile Earth - Uldum:
Volatile Air
So what are you waiting for? Go transmute your butt off!
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