Here's a great reader submitted email that just might make you hungry:
Hi,
First off, I like your blog and is making a lot more gold now and by just standing in Orgrimmar!
Now for the tip:
I looked through some upcoming World Event achievements and saw that the achievement "Bad Example" requires a Delicious Chocolate Cake. I predict there's some gold to make off this because a lot of people are obsessed with achievements and especially the World Event Achievements.
I have already bought up all the cheap small eggs and mageroyal on AH and have a full bank of these, so I am just waiting. Unfortunately these don't stack so a lot of space will be taken.
The recipe for Delicious Chocolate Cake is a rare drop from ZF off of Sandfury Witch Doctors.
Good luck farming these, you'll make a killing off this achievement if you can manage to get the recipe. Cakes go for 10 gold a pop right now... imagine how much they will be worth during children's week (May 1st - 7th).
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Some interesting comments have been made in recent posts regarding the possibility of runecloth skyrocketting in price with the argent dawn tournament.
Not everyone is in agreement however.
What happens if Blizzard implements an awesome way for players to get exalted with their rep factions in preparation for the argent tournament?
I believe that some sort of reputation bonuses will be granted through quests (as many have suggested) but I also believe that runecloth is going to skyrocket in price.
Here's why:
Regardless of what Blizzard implements, we all know how the playerbase feels about grinding quests. It's fun for a short period of time but most would rather buy rep (think sons of holdir rep grind). So eventhough it may be possible to grind some new quest for faction rep most players are not going to A. Have the time or B. Have the endurance to complete these quests every day.
This is where runecloth comes in.
Horde your runecloth, start buying out cheap when the price dips with the announcement of the argent tournament and you'll be the smarter auctioneers. Once the price goes up again and people are bored with the quests you will make a killing.
Yes, many of you are thinking: "But Markco, what if the quests are worth tons of gold, won't players be more willing to complete them then?" Of course! And they will have more money to buy their rep in order to reach exalted with their primary faction faster. Remember the quest to pay 10 gold and get 150 rep on the Isle of Quel'danas? It's the same idea.
For a great farming spot to gather runecloth try hellfire peninsula or stratholme.
NOTE: The argent tournament is a looooooooooong way off... atleast 3.2