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What are you stockpiling for the patch?Follow

#1 Apr 09 2009 at 8:11 AM Rating: Decent
With the release of content patches there is always the possiblity to rake in the gold. I am saving up enchanting mats, stat food(mainly dragonfin filet), herbs, and uncut blue gems. Im hoping to get my chopper made with my profits :)

How about you all? What are you saving up? I would imagine glyphs will probably be in high demand as well, for the dual spec option.

Edit for spelling

Edited, Apr 9th 2009 12:12pm by montaghar
#2 Apr 10 2009 at 10:14 AM Rating: Decent
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For the last few weeks my guild has been collectively stockpiling a massive collection of ore, herbs and enchanting mats across two vaults for Ulduar. Our ultimate goal is to have everything we could possibly need to make the new flasks, make ammunition for our hunters and enchant every upgrade every one of our members gets the moment it is equipped.
#3 Apr 10 2009 at 10:19 AM Rating: Good
You my friend are in a very generous guild :)
#4 Apr 11 2009 at 12:19 AM Rating: Decent
Borean Man O' War x 500, sadly all fished up.
#5 Apr 11 2009 at 12:04 PM Rating: Decent
I'm stockpiling absolutely nothing. Everything I sell today has a profit. Everything I sell tomorrow will still have a profit. Everything I sell after the patch will also have a profit. Why wait and have my cash flow disrupted by a vain attempt to make more gold? What I sell now has a guaranteed profit. What I stockpile for the patch is only a guess at what will sell for more and ties up gold that can be used to make more gold in the process.
#6 Apr 13 2009 at 6:27 AM Rating: Excellent
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ohmikeghod the Venerable wrote:
Why wait and have my cash flow disrupted by a vain attempt to make more gold? What I sell now has a guaranteed profit. What I stockpile for the patch is only a guess at what will sell for more.


Because when demand climbs, you can sell more units at a higher price unless you run out of stock. If you’re saying you don’t think you could run out of stock after the patch, fine. If you’re saying the risk involved in buying low hoping to sell high isn’t for you, fine. If you’re saying that it’s impossible to greatly increase profits by being bullish or bearish on the AH, well, my experience is to the contrary.

I’ve made rough calculations about the active Horde population of my server and the ballpark percentage of them that will need new glyphs in the week following the patch, basically supposing that for every character with an epic mount, three glyphs will be bought. That’s a lot of ink. I’ve been stockpiling inexpensive herbs for weeks now, and still have not hit my target numbers. Ore and dust prices are still dropping, but I plan to start stockpiling them soon in preparation for the next arena season opening.

ohmikeghod the Venerable wrote:
... and ties up gold that can be used to make more gold in the process.


I’m kind of surprised by the notion you might have liquidity problems. I mean, I’m spending thousands on vanity mounts and BoE epics for pre-70 alts, and I still have more gold than I feel I could usefully invest on the AH. I wouldn’t think maintaining a capital reserve would be a problem for you, given a commanding share of your enchanting mats market.
#7 Apr 13 2009 at 9:58 AM Rating: Good
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I'm not stockpiling, but I only need 2 more librams to hit Exalted with Shen'dralar, and any others will be profit. And I have 16 Pristine Black Diamonds... but I only need 7. So the rest will go for (hopefully) inflated prices on the AH.

Which will in turn let me buy more Darkmoon decks, which others are surely stocking up on. Grumble grumble...
#8 Apr 13 2009 at 11:13 AM Rating: Decent
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Quote:
I'm stockpiling absolutely nothing. Everything I sell today has a profit. Everything I sell tomorrow will still have a profit. Everything I sell after the patch will also have a profit. Why wait and have my cash flow disrupted by a vain attempt to make more gold? What I sell now has a guaranteed profit. What I stockpile for the patch is only a guess at what will sell for more and ties up gold that can be used to make more gold in the process.


Demand. If I can sell "Item X" for 10 gold today, but sell "Item X" for 50 gold this weekend, I'd do that. I think 99% of the population would.

Mike ripped me before because I said I liked to hear opinions vs. links in regards to farming Mining. What you can't find out from a link is how many people are farming a typical zone lately, hence the real opinion/info from people I requested. For example, if Hinterlands has 100 nodes and Tanaris has 50, you'd think Hinterlands...but if 5 people are always farming Hinterlands that changes it.

/Highjack thread off. I think Mike wakes up on the wrong side of his bed every day.
#9 Apr 13 2009 at 4:30 PM Rating: Decent
Jedius wrote:
Quote:
I'm stockpiling absolutely nothing. Everything I sell today has a profit. Everything I sell tomorrow will still have a profit. Everything I sell after the patch will also have a profit. Why wait and have my cash flow disrupted by a vain attempt to make more gold? What I sell now has a guaranteed profit. What I stockpile for the patch is only a guess at what will sell for more and ties up gold that can be used to make more gold in the process.


Demand. If I can sell "Item X" for 10 gold today, but sell "Item X" for 50 gold this weekend, I'd do that. I think 99% of the population would.

Mike ripped me before because I said I liked to hear opinions vs. links in regards to farming Mining. What you can't find out from a link is how many people are farming a typical zone lately, hence the real opinion/info from people I requested. For example, if Hinterlands has 100 nodes and Tanaris has 50, you'd think Hinterlands...but if 5 people are always farming Hinterlands that changes it.

/Highjack thread off. I think Mike wakes up on the wrong side of his bed every day.

(sigh) it's more like I can sell "item X" for 10G today to the dweebs that think that "item X" will mysteriously double in price tomorrow, with no firm footing to base their opinions on. And if they really think that "Item X" will become 5 times better, then they are living in never-never land.
#10 Apr 14 2009 at 4:37 AM Rating: Good
And why wouldnt it? Its called supply and demand. Most people are too stupid to have everything they need before the patch. Not to mention everyone will again need stat food, elixers, enchants, gems, ect. Every single content release since the start of this game it has happened, and this will be no different. If people are already paying me 120g for a stack of dragonfin filet to farm naxx, why wouldnt they pay 200g per stack to farm uld? I think your the one living in never-never land mike

Edited, Apr 14th 2009 8:38am by montaghar
#11 Apr 14 2009 at 7:45 AM Rating: Decent
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1,419 posts
Quote:
I'm stockpiling absolutely nothing. Everything I sell today has a profit. Everything I sell tomorrow will still have a profit. Everything I sell after the patch will also have a profit. Why wait and have my cash flow disrupted by a vain attempt to make more gold? What I sell now has a guaranteed profit. What I stockpile for the patch is only a guess at what will sell for more and ties up gold that can be used to make more gold in the process.


This "guess" is exactly what I did with low and mid level herbs pre-WoTLK when I knew inscriptions was coming out. I made thousands of gold with it. I didn't know at what price they would sell, what price I should buy them at, or how much to invest. I was very conservative with my approach and made thousands less than I could have.

Quote:
(sigh) it's more like I can sell "item X" for 10G today to the dweebs that think that "item X" will mysteriously double in price tomorrow, with no firm footing to base their opinions on. And if they really think that "Item X" will become 5 times better, then they are living in never-never land.


Some people just want to be the first to get something. If I knew that the new BS recipes were going to use eternal fires through the wazoo, I might be inclined to buy them up off the AH or stockpile the ones I farm. You think I'm a "dweeb" for buying yours up for 10G, and I think you're a no-knowledge fool for selling it at that price the day before prices spike 50% and remain that way for weeks. To each their own.

This thread is about discussing which items will go up in price in 3.1 and which items people expect to sell a lot of after the patch. Nothing wrong with sharing that.
#12 Apr 14 2009 at 9:52 AM Rating: Default
montaghar wrote:
I think your the one living in never-never land mike

Could be, but I'm the one with three epic flyers, and enough gold on hand for a fourth when I need it. On the other hand, I don't NEED to stockpile anything to make lots of gold, so that may color my thinking.
#13 Apr 14 2009 at 9:58 AM Rating: Decent
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1,574 posts
ohmikeghod the Venerable wrote:
montaghar wrote:
I think your the one living in never-never land mike

Could be, but I'm the one with three epic flyers, and enough gold on hand for a fourth when I need it.


Cheer up, mate. Sure, that’s not a whole lot of gold, but it’s not bad, and you’ll make more eventually.
#14 Apr 14 2009 at 10:03 AM Rating: Excellent
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ohmikeghod the Venerable wrote:
montaghar wrote:
I think your the one living in never-never land mike

Could be, but I'm the one with three epic flyers, and enough gold on hand for a fourth when I need it. On the other hand, I don't NEED to stockpile anything to make lots of gold, so that may color my thinking.


You don't need to, but it's a fact that if you guess correctly on what's needed you'll make a bundle during this patch. A guildie of mine has been buying stacks of Saronite Ore for 20g a stack and Prospecting it; has been turning a 50-100% profit already, but he stockpiled a bunch of the gems this week. I expect he'll make a 200% profit on most of it. Making twice the amount for a few minutes of thinking "Hmmm, what might be needed in 3.1?" is a very good idea.
#15 Apr 14 2009 at 1:11 PM Rating: Default
emmitsvenson wrote:
ohmikeghod the Venerable wrote:
montaghar wrote:
I think your the one living in never-never land mike

Could be, but I'm the one with three epic flyers, and enough gold on hand for a fourth when I need it.


Cheer up, mate. Sure, that’s not a whole lot of gold, but it’s not bad, and you’ll make more eventually.

That was without a whole lot of trying - just casual play. When I start farming, I make lots more. But why bother saving when it's so easy to make? That's probably the same reason I'm not stockpiling. How much is enough? My answer is when I can buy anything I need to buy, which is not necessarily everything I want to buy, but the wants are frills, and I generally don't buy frills.
#16 Apr 14 2009 at 1:19 PM Rating: Good
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ohmikeghod the Venerable wrote:
That's probably the same reason I'm not stockpiling. How much is enough? My answer is when I can buy anything I need to buy, which is not necessarily everything I want to buy, but the wants are frills, and I generally don't buy frills.


Oh, I get it. Some of us mistakenly thought you were weighing in on the best way to make gold, when what you were really saying is that you’re not trying very hard to make gold. Sorry about the confusion.
#17 Apr 14 2009 at 2:08 PM Rating: Decent
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240 posts
Back on topic, I have found that when new content hits, gems seem to nearly double in price, and sell incredibly fast. Even more so when new PVP gear comes out. I always stockpile when these patches are coming.

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