This is a real quick gold post based on what I did this morning. I have not bought ore to prospect in a while. Therefore, I have not had nearly as big a stock of gems.
Gems have also been at an all time low. Orange and Purple gems are selling for 8-15 gold each. I made around 250 gold in gem sales the night before, which prompted me to action.
I bought out and reset both the ember topaz and demonseye markets. It cost me around 6k to do so, which is fairly cheap all things considered.
I bought them all in the price range listed above and reset the price to 220 gold each. I know that this price will drop quickly. Unfortunately we have a couple of major douchebags who will often undercut my half or more.
I should be able to make a nice profit on this venture. Another positive is that the gems are all cut. No prospecting. No cutting. Well worth it.
If you have a market that has bottomed out, dont be afraid to reset it and sell, sell, sell.
I do this all the time with savage leather, blackened dragonscale, volatile life, and whiptail. Even if items don't all sell, I still can craft with them. What I'm really trying to do with that kind of buyout/repost move is increase my competitor's cost of mats.
Exactly Kalven. If you see the mats cheap enough, it's money out of your pocket and into your competitions pockets.
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