Hyjal Dailies Recipes

We are finally at the stage where people are getting their recipes from the Hyjal Dailies and the Molten Front.  These recipes should mean great profits, whether you craft items with the recipes to resell or if you resell the materials needed for them.  Hopefully you stockpiled prior to 4.2 and you held on to the stock until now, because if you did then there is heaps of gold to be made!

Yesterday, the markets moved fast.  The first hot item to see a sudden push in sales and increase in prices were Truegold Bars.  These were averaging about 600g each and usually had about 10 in the AH at all times.  Yesterday, by late afternoon, they were hitting 1k gold with over 30 sold, and a mad rush ensued for people to list them.

Being first to market can have advantages, but planning on a market over sell situation also has advantages.  By knowing that there would be a high demand for Truegold on Tuesday, I posted several bars on Monday night.  At that time there were only about 6 on the Auction with prices at 700g ea.  I listed several at 1k each knowing that it would be a few hours after Tuesday’s maintenance before I would login.  Sure enough, I logged in within 2 hours of servers coming up and all my Truegold was sold and the AH was empty.  Knowing that others would be posting soon and undercutting, I placed a few more at 1k each and then posted a ton of them at 1,500g each.  Why?  People are greedy and want their gold, which is a good thing, but knowing this means I knew they would undercut me by a few copper and this would buy me time to let them post.

Sure enough, over 75 bars were posted at 1200-1500g each within an hour or two.  I waited and then posted more, undercutting them and taking huge profits.  This is a great example of knowing how to work market timing and market manipulation into your favor.  You have to understand how the wow economy works, the timing of events and the impact they make on the Auction House, the tendency of others to try and cash in on trends and market behaviors.  Learn all of this and you make mad gold!

What else is hot?  Pyrium Bars, Pyrium Ore, Elementium Bars, Elementium Ore, Inferno Rubies, and Volatiles are starting to uptick.