Gold from playing the market

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Gold from playing the market

Post by Howie Feltersnatch on January 21st 2010, 3:31 pm

Since i'm trying to get the power up on loengrin, I bought a bunch of lion steaks the other day. Today I went to use one and noticed that the sell value was 1075. It seem to me that i bought the for around 650. So if i bought them (say 100) from Zeal at 650 and move to Eversweep to sell them i could make around 40,000 (400 per * 100) in profit just for hauling some steaks.

Obviously you would have to have a nice bankroll to start out with (65,000) but for 40k in profit it might be something to think about doing for a few days, especially if we start building alot of stuff in the guild. alot easier and quicker than gathering for it (gold). We could even do a daily price update on certain items depending on who was in different cities. I would suggest limiting that list to maybe 5 items that have a high cost and alot of variability in pricing between cities.

This could be nice for me in the near future since i'll be bouncing back and forth between Eversweep (pvp) and Zeal (academies) trying to get my fight skills up some.

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Re: Gold from playing the market

Post by Yigh on January 21st 2010, 9:37 pm

Not sure about that. Fluctuating sell values will get you: I was at NightTear and my 600gold steaks were selling for 440
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Re: Gold from playing the market

Post by Howie Feltersnatch on March 4th 2010, 2:12 pm

Food is at 48% right now in eversweep, in case anyone is in the area and needs some quick gold. +1 stat steaks were 288 each.

If anyone in Zeal, Inachis or skyrift could check the food prices (%) it would be appreciated!!

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Re: Gold from playing the market

Post by busterbros on March 4th 2010, 3:03 pm

Wow howie, thanks for the heads up, I just stocked up on food for a while.

Food is 96.9 in Skyrift, 89.7 in Zeal

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Re: Gold from playing the market

Post by Yigh on March 4th 2010, 5:56 pm

What causes the fluctuations anyways?
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Re: Gold from playing the market

Post by lessigfan on March 4th 2010, 7:27 pm

Food is 94.9% in zeal, 78.1% in inachis, and 85.2% in skyrift. Oh, and it looks like food is 107% in eversweep now Sad

I think buying & selling makes it go up or down. When I was herding 5-6 guys through different cities buying items for charms they all needed, I found the last guy or two always ended up paying more for the same items my other guys bought not 30 minutes ago. Ditto when I've had several guys do dungeons, move to a new city, and unload the dungeon loot - the last guys got less for the same items.

I'll bet the food-buying frenzies bid up the prices on the food items in eversweep - which is why they're the highest anywhere. Prices adjust pretty fast, you just have to get lucky.

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Re: Gold from playing the market

Post by busterbros on March 4th 2010, 9:55 pm

I think lessig is right, food prices in eversweep went up after I bought a ton.

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