Project Lore

Mo' Money, Mo' Problems features tips and tricks to striking it rich in World of Warcraft.  If you need some extra gold to cover those costly repair bills, are working on an epic flyer for your umpteenth alt, or are attempting to hit the gold cap, Mo' Money, Mo' Problems is for you.  Have ideas or tips you'd like to submit?  Then @iTZKooPA or leave a detailed comment. Ahh, gold, I collect it even though I have little use for it these days.  Due to that fact I am willing to share my gold making ways with you, free of charge!  No longer will you have to drop real money on some random gold making guide seen on Google Ads panes.  You can just come to your friendly ProjectLore were we, and the community, will collect, refine and categorize ways to turn a buck in our favorite MMORPG.  We've already given out a few basic tips in the past, but now I will pull out all the stops, and go so far as to tell you my biggest money makers. On this second edition of Mo' Money, Mo' Problems we will cover ways to turn Brewfest into a beer drinking and money making seasonal event.  Okay, ways may be stretching it, as I have only found one surefire scheme to turn a tidy profit from the seasonal event.  The quests generally reward nothing but steins and tokens, and the loot from Coren Direbrew is unvendorable and not disenchantable.  All of it except the Tankard O' Terror.  The gnome-sized tankard is truly a money maker. For starters, the tankard is the only BoE weapon above ilvl 200.  That makes it worth at least 1000 gold right there.  The mug isn't exactly rare, I've already seen a few, but it's highly limited availability, only drops during Brewfest of course, will also impact the price.  The non-unique status means that a moneymaker like yourself can have on in the AH, and continue to farm for another.  Oh, and people may want to dual wield them, driving up the demand, thus the price, further.  A perfect storm of potential profit in my mind. That's all pretty basic stuff, but here's the real tip, hold out on putting your tankard on the AH.  As mentioned, the supply is limited by the presence of Brewfest.  If you don't need the money right now, then you'll be able to raise your profit to stupid levels if you can hold out until a few weeks after Brewfest is complete.  Just be sure to play the AH before Blizzard decides to release another high ilvl weapon for the next seasonal event! Tankard O' Terror is running around 1500 gold on my server at the moment.  What it's priced at on yours?  Have you already cashed in?

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One of the fundamental things that players should understand about the WoW economy is that there is massive deflation. Items, in general, become less valuable over time as new items are introduced. Players no longer want iLvl 200 or even 213 crafted gear, as well geared players from high level raids can easily carry them through heroics or Naxxramas. As such, materials for crafted gear are less in demand than they once were. Blue gems should lose value once epic gems become accessible. Additionally, once an item is introduced, the players that want it the most will pay ridiculous prices to get it first. Prices lower over time as supply ramps up for non-top tier raiders. In general, its a bad idea to stockpile items. However, understanding how new changes will affect the economy and acting early can lead to huge profits. There are two major changes that will affect the economy in patch 3.2. The first is the introduction of epic gems; the second is that Emblems of Conquest are now obtainable in all pre-Crusader dungeons and raids. We will talk mainly about epic gems for now. Epic gems are obtained in a few different ways. Lets review:

• Alchemy Transmutes
• Icy Prism. You can't save them up now, so don't try
• Prospecting Titanium Ore
• Buying with Honor or Emblems of Heroism

Buying them with Honor and Emblems will probably be very unpopular, as everything will be dropping Emblems of Conquest and players will be eager to grab new gear before they will grab new gems. The other three will have a profound effect on the market. First, lets look at Alchemy transmutes. Most Alchemists are Elixir Masters. As as Alchemist myself, I can vouch for how useful this is. I make dozens of flasks a day, and this generates tons of gold. If I can get a friend to craft my elixirs who is elixir specced, Transmutation Master for myself might be profitable. Since transmutations are on a 20 hour cooldown, its hard to share that ability with anyone, but a group of a few alchemists could have 1 elixir master and all the rest be Transmutation Masters to optimize overall output. I know my guild is organizing something like this. Transmuting an epic gem usually requires a blue gem of the same color as the desired epic gem and a specific Eternal. The following is a list of transmutes as they are now on the PTR:

• Transmute: Flawless Amytrine: Monarch Topaz and Eternal Shadow
• Transmute: Cardinal Ruby: Scarlet Ruby and Eternal Fire
• Transmute: Dreadstone: Twilight Opal and Eternal Shadow
• Transmute: Eye of Zul: 3 Forest Emerald
• Transmute: King's Amber: Autumn’s Glow and Eternal Life
• Transmute: Majestic Zircon: Sky Sapphire and Eternal Air

The first thing to note is that players will be getting epic gems from a few sources. Players will largely be consuming the same amount of gems overall, as they will have about the same number of sockets. Some of the new recipes require epic gems, but it won't have a huge impact on the market. Since only some portion of the epic gems being consumed use current rare gems as a material means that consumption of rare gems is going to go way down. There will still be a market as the poor man's gem and as reagents for transmutes, but the prices of uncut and cut rare gems should drop significantly. Get rid of any stock that you have. The exception may be Forest Emerald, which requires 3 gems for the transmute. Only time will tell relatively how valuable they will be, but blue gems are used a lot by tanks, so I'm predicting a good market for the epic blue gems and hence Forest Emerald. Also, expect Eternal consumption to go way up with lots of new recipes and the transmutes. Its unclear how often Icy Prism will give epic gems. It will be the only thing keeping Frozen Orbs valuable. It will continue to be the only thing keeping uncommon gems in consumption. There are lots of these in Titanium Ore, so expect them to lose even more value in patch 3.2. We are looking at vendor trash level of value. According to WarcraftEcon's results, they are getting around 6 uncommon gems per prospect, and people will be prospecting a lot to get epic gems. Speaking of prospecting Titanium, this is going to be the game changer. People are stockpiling Titanium now, which may or may not be a good idea. It might be overvalued right now; it's risky to do. However, with rare gems losing demand and rare gems being the result of Titanium prospects as often of epic gems, rare gems should lose a significant amount of value from this alone. The flipside to this is that the value of Saronite and Cobalt should crash, as they will no longer be valuable to prospect. This is going to be a huge window of opportunity for Blacksmiths, who can potentially make lots of BoE stuff and disenchant it. Expect Enchanting supplies to increase in supply in the long run and prices to drop. Finally, note the materials for the new crafted items, including a new orb from the Argent Coliseum: Crusader's Orb. This list was complied by the writers at WarcraftEcon:

• Titansteel Bar
• Saronite Bar
• Arctic Fur
• Heavy Borean Leather
• Icy Dragonscale
• Nerubian Chitin
• Moonshroud
• Spellweave
• Ebonweave
• Crusader Orb
• Various epic gems, Eternals, Enchanting materials
• Deadly Saronite Dirk
• Corroded Saronite Woundbringer

These will probably enjoy a small price boost in the first month or so of patch 3.2. Remember, the first two weeks will be crazy, as everyone will want epic gems and consumption will be through the roof. Expect it to level off within about 6 weeks. What are your plans to profit in patch 3.2?

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I recently had the opportunity to speak with one of my favorite WoW bloggers, Gevlon of Greedy Goblin. Gevlon is one of the few players in the game who has reached the elusive "gold cap" of 214,748.3646 gold. He is known for being extremely cynical and having radical and critical views of almost everything in WoW - from the game becoming too easy and the value of networking in game to more complex topics like objectivism, feminism, and welfare. I've been known to be cynical at times, and Gevlon's unique ideas often give me some great food for thought. Thanks for talking with us today. Tell us a little bit about yourself and how you started blogging. I've been playing WoW for 2 years. I've never had problems with making gold, had around 5-10K gold all the time. I had my first 100G before lvl 20, and 5000G before going to Outland. I thought everyone was like this. Then someone asked for 1000G for their epic flyer and promised they would "farm a lot" to pay it back. I asked him what "farming" was, and he described the terrible routine of grinding elementals in Shadowmoon for hours. Others joined in guild chat and agreed that besides buying gold, your only choice was grinding. That's when I decided to make this blog. Larísa helped with the first steps; I figured out the rest. What is the appeal of collecting gold? You often criticize gold sinks like the Traveler's Tundra Mammoth or the motorcycle mounts, so what do you spend your gold on? The appeal is not grinding. Ever. Nor doing daily quests. I haven't done a SINGLE Argent Crusade daily; no wolvar pups for me either. For me, gold has one purpose: raiding. I pay five thousand gold per week to a guild to raid despite my 20-30% attendance. You have talked about how you "buy" a raid spot since it is easier and quicker for you to make money than it is for you to spend time with groups that are just learning the encounters. Can you talk about this briefly? I like the challenge of raiding, but I don't want to spend 3-4 evenings on it, especially since serious part of it is repetitive. Orbituary is great at first, fun the second time, and just boring third. By paying, I attend 1 raid per week. I skip farm-raids and go directly to the most interesting hard mode attempt. I was present on Orbituary and Steelbraker first, and currently I'm going to Vezax hard tries. I don't even have the normal Vezax kill. I've already written that I find gear upgrades overvalued, so I don't bother farming gear. My gear is a mixture of random ilvl226 with 213 and even 200 trinkets. I still got lot of gear, since everyone else already farmed everything out of Ulduar normal modes, so I have no competitor for ilvl226. You "roleplay" a "greedy goblin" a bit on your blog, or at least use it as a metaphor for the archetype of a player out to make gold wisely. How and why did this start? Goblins are a money-oriented faction in WoW, so it was an obvious identification. I've started the blog in a roleplaying fashion, but that faded away quickly. I like the word "goblinism" since it is without the non-business aspects of real world philosophies. Terms like "liberalism" not only mean free market, but also the support of gay rights. "Neo-conservatism" not only means deregulation, but also violent crusades against the "enemies of freedom". I don't want to say anything about these things; they are simply not my topic. By being "goblinist" I don't have to struggle with comments like "how can you still support neo-conservatives after Abu Ghraib?" You have recently started a "goblin apprentice" program where you help lucky players learn how to make gold and blog about it. Can you tell us about this? From time to time I post an "apply now" post. People send me mails. I pick one, create a banker toon on their realm and start giving them advices how to make gold. Post their progress on the blog for other readers. When I write this, the second applicant is not yet selected. The first one made 5K in a week. What WoW economy-related blogs do you read or suggest?

• Just My Two Copper
• Zekta's Stuff
• Warcraft Econ
• One Copper
• The WoW Street Journal
• WoWenomics

Do you think that the professions are "balanced" for money-making? People agree on one thing: the worst professions to make money are the two they currently have, no matter what they are. Inscription is definitely the most profitable, simply because it's the most complicated (you have to juggle 350 recipes), so not many people do it. The rest of the crafting skills have a similar gold per hour ratio, and all of the crafting professions are way above grinding or even gathering. You seem to have mixed feelings on Inscription. What do you think about the profession, and what would you do to change it? WoW is made "casual" friendly (I really hate this "politically correct" term). Still, Inscription needs lot of addons, seed money, and serious time to start (after that it's running quickly). So I'm not surprised that there are not many scribes who use it to make money. I would change the glyph system so that adding glyphs does not destroy old glyphs. When you apply a new one, you should get the old glyph returned to your backpack. That way, the huge demand for glyphs would decrease (and also the huge money the common players pay to goblins). What posts do you suggest new readers read to get an introduction to your blog? The "my business" tagged posts. They are the most directly about making money. What/who is M&S, and where did that terminology come from? Morons and slackers. I believe WoW is easy and everyone who fails in it is either as dumb as piece of rock or as lazy as a welfare leech. However, real casuals cannot fail as they don't raid or PvP. There is no "success" or "failure" in fishing coins. What add-ons do you recommend or use for your daily trading? Auctioneer. The rest is for crafting: Lil'sparky, whohas, possessions. What do you think about gold farmers? Should Blizzard being doing more to stop them, or are they inevitable and even essential to the current game economy? They will exist as long as there are M&S who can't make money. Blizzard won't do anything about them since the goldfarmers also pay them $15 a month and they don't harass other players. What simple tips can you offer to players looking to pad their wallets a bit? Have the Auctioneer addon so you won't sell stuff for half price. Also, don't be a packrat. There is deflation; the items that are worth 100G today will be worth 10G a year from now. Sell everything in your bank that you don't use or plan to use in a short time. You can buy it back later cheaper if you need it. Thanks for talking with us! Thanks for the opportunity!

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Sometimes I have to stop and think that I made the wrong choice as far as my professions go. Being a tank I have grown accustomed to always being out of gold due to massive repair bills, but if I had made the smart choice I would have picked a profession to help balance that out. I didn’t. I am an enchanter/engineer, so I have two crafting professions. This means I don’t gather up mats, I have to buy them to level my professions. So it is safe to say I have spent a fair bit of time trolling the auction house looking for good deals. With the expansion being so new, there are lots of spikes and valleys as the market settles on a price for these new materials, but there is one trend that holds true no matter what. You gatherers are making a killing selling your mats! Prices on some of the more sought after mats have been just mind blowing. I know prices vary highly from server to server. But I am guessing we are all seeing the same trends. Being an engineer I’ve had to buy up lots of cobalt, saronite, and titanium bars to level up high enough to craft my goggles. This was an expensive process for me. The prices were just sky high, early on I saw stacks of lower level bars going for hundreds of gold each. Prices for herbs and leather haven’t been particularly low themselves. I imagine that those that are supplying these mats are getting very wealthy from them. I have several gathering friends that have straight up told me they have more gold then they know what to do with. That sounds like a good problem to have? I am pretty jealous of you guys that have built in income everyday from smelting titansteel. I’m fully aware that enchanters don’t have it so bad, and that enchanting mats are fetching a small fortune as well. My priority was leveling enchanting with those mats. Perhaps now that I am at 450 I can start to get some money back there. As far as my engineering goes, I am looking for clouds and gathering eternals… but these income methods seem to pail in comparison to the true gathering professions. It’s clear that there is gold to be had in Northrend if you know how to do it. So how are you doing? Are you gathering up a small fortune? Or are you the one lining the gatherers pockets?

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You really want to know the secret, the real secret of making gold in World of Warcraft. No more bull$hit, no more hype, no more tricks that will make you a WoW millionaire overnight. Here's the simple straight-forward truth about how to make gold in WoW. It's three parts so be prepared. Are you ready? Here it comes... Rule Number One: Sell Everything Invest in a few high-slot bags, go kill stuff and vendor everything gray, DE ( or get a buddy to DE ) the greens and Auction House the rest. That includes blues and purples. Sell the DE'ed mats or, if your an enchanter, buff your own gear. Okay some greens are worth Auctioning, but don't AH ever one of them. Some just won't sell. Know what each class prefers and sell those greens. And if you really, really need a drop from a mob, keep it. Just DE the rest. Rule Number Two: Buy Low, Sell High Ah the free market economy in action. Finding cheap items and selling them back to people who have no idea what just happened. This takes time and an investment in knowing what people want, where to buy it for cheap and when to list it at the AH. You can do it. Without addons or data lists from web site. Each realm has it's own individual economy. Learn it and use it to your advantage. Rule Number Three: Don't Buy Crap You Don't Need Do not buy that epic sword that will be useless in 10 levels. Do not buy that little, over-priced firefly to scoot around after you. Do not buy a 28-slot engineering bag that will just collect dust in your bank after you've made your little airplane... UNLESS you really, really want to. All that stuff is fine to buy and enjoy in the game, but if you do not have your epic flying mount and your guildies are sick and tired of summoning your slow butt to every freakin' instance 'cuz they have to wait on you to fly from Shatt, then do not buy crap you really, really don't need. Now there are other super obvious ways to make gold in WoW - do quests, do dailies, farm motes, farm mats, kill monsters - but for those of you who do those are still don't have an epic flyer or bitch and moan about not having enough to get 20-slot bags, you either don't play enough to get the gold or you might be violating one or all of the rules above. So if you need gold, don't ask me. Even thought I am sitting on quite a nice pile of earned gold ( never bought even a silver from anyone ), I have no intention of handing out in Shatt just cuz some 70 noob can't make enough gold to buy a 20-slot bag.

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