Selling To The High Roller Mount Club

   In one of the previous posts i covered all the bases about the Tillers faction, and if you ended up reading that post and started your farming career good for you, if you haven't at least go and plant a few seeds so you can get some quick cooking ingredients that you can turn into some quick gold. But anyways enough about the Tillers, today we are going to take a look at another faction, namely the Order of The Cloud Serpent. 

   I want to make one thing clear from the start, this is a Jewelcrafter only deal, so for all of you people out there that aren't Jewelcrafters, go and level one. 

   I won't go into lengthy speeches about this faction, but instead i will get down to the juicy gold making points that we all like. This faction starts giving you quests at level 90, so on top of having to be a Jewelcrafter you need to be max level as well. If you have leveled to 90 and you are a JC, then simply go to their camp in The Jade Forest, in The Arboretum and talk to the guy that's giving you the quest there. After a few short kill quests your reputation will increase just enough so you can get access to the vendor.

   The reason why you want to get to this vendor right away is the Jewelcrafting mounts that you can make by buying the pattern from this guy. There are 5 different Panther mounts, 4 of them are different color while the last one requires you to have the 4 in order to be able to craft it. 

   You need to know one thing though before you set out on a selling spree, one of the ingredients for making one of these mounts is a Orb of Mystery which is a vendor material that you can get for 18k (with the guild perk for cheaper prices), and that is sold by Big Keech in Vale of Eternal Blossoms. So if you can shell out 18k for that, and you have the rest of the materials you can get in on this very lucrative business. Best thing about this mount though is the fact that it doesn't require a Spirit of Harmony, so as long as you have the gold to craft it you can make it.

   Another thing before i leave, if you decide that you want to get in on this market you might want to think about a little advertisement in trade channel. I mean people will want to pay your overpriced mount that costs you about 25k up for even 50k, but in order to get this profit you need to inform people that these mounts exist and that you are the guy that they can buy them from. 

   Another cheap shot tactic you can use is simply reselling an Orb of Mystery. The chances for a sale are slim because people that inform themselves properly will know where to get it, but there are always naive people that run to the AH first thing when they need something. So if you are going to craft one anyways, buy the Orb from the vendor for 18k, post it on the AH for 25k and start advertising that you are selling the mount for 40-50k. If you get a sale you will earn about 20-30k profit from a single mount, but if someone goes about making one for himself and he decides to buy your Orb from the AH then you will be up about 5k after AH houses. So no matter what you win.

   So, like always, keep an eye out for good opportunities out there.

Jewelcrafting in Mists of Pandaria

   In one of the earlier posts i did about Jewelcrafting i broke it down to the basics and came out with the fact that if you wanted to get into the jewelcrafting market you would need to invest 207 days of dailies in order to get all the patterns from the vendor. Well in MoP we have a different approach to how the patterns are obtained, namely you are given the chance to research a color of a gem by spending 3 uncut gems, and if you have learned all the cuts that you can have from that particular color then you can get a different color gem.

   If you take this into account and compare it with the previous 207 days you needed to do dailies, with this new way of obtaining cuts you are down to 68 days of dailies, but if you take into account that you can obtain gem cuts by spending 3 Spirits of Harmony you can knock off a few days from that count as well.

   Now that we looked at the time table needed to level a jewelcrafter, lets take a look at the gems and how they are going to work.

    In Cataclysm we had The Ore Shuffle where we would prospect ore, cut and sell the rare gems and DE the rings and amulets we got from the shuffle to get Enchanting materials. Well in MoP this formula is a tad bit different, namely there are no rings and amulets right off the bat, you have to go and get them from a jewelcrafting trainer in The Jade Forest, but even when you get them there will be a catch. Namely this catch is the fact that in order to craft those you will need to spend 3 different kinds of gems for the green item, or if you want to craft the rare version you will need to spend 6 normal gems and 6 Serpent Eyes. 

   So as we can see the difference is huge, in Cataclysm all we needed was 1 gem and a setting, and now we need 3 different color gems, or 6 gems and 6 serpent eyes. It remains to be seen if this is still going to be a viable way to deal with the gems when the prices normalize.

   Now as you can see on the image above, there is another way to go about with your normal gems, and this way is to cut them. You see when you cut them you have about 15% chance that they will be a rare quality "perfect" gem. This means one thing though, you can choose which gem you want to make even if you don't have the pattern learned by now. For instance, if you want a 240 Stamina gem, but you don't have the cut learned just yet, then take a stack of Lapis Lazuli and get down to cutting, and with a bit of luck you will get a perfect one that has the same stats as the rare one.

   Ok now we know the time table, as well as how to cut any gem we need, what is left now is what to expect from the JC market.

   At the moment the Jewelcrafting market is very slow, and the reason for this is simple, people are still leveling or they have leveled up but aren't still geared enough to be able to start doing heroics, raids and LFR. Once this has been surpassed we will see a sharp increase in the gems market, and with that a sharp rise in the prices of gems.

   What you want to do to prepare for that is quite simple, from time to time browse the market for the cut gems, as well as the perfect cut version of the gem and if you see any cheap ones buy them out and store them. The reason for this is simple, the amount of uncut gems that is in circulation is alot smaller then the amount of gems that is going to be required once the people start getting gear that requires gems.

   Anyways here are the things that you might want to know if you want to get into this market:

• Do your daily research cuts
• Check the AH for low priced gems and buy them out 
• Prices of uncut gems are going to be higher then prices of the cut ones for a while due to people buying them so they can use their daily cool down, so if you have some for sale, sell them uncut.
• You want to be playing your JC character because that is the only way to obtain the Meta gem patterns and the Spirit of Harmony that you can use the expedite the research of new cuts.

   So by knowing this you should be well armed to start on your way to sail the waters of the JC market.

   So, like always, keep an eye out for good opportunities out there.

Making Gold With A Friend

   It's been a while since my last post, but in my defense it was Diablo 3 fault but non the less i am back again today with another post on how to monetize in WoW. Usually every time i cover a certain subject it revolves around the reader needing to have that particular profession, and hopefully have the patterns or materials needed to craft that item, well today we are going to take a look at how to use your friends/guildies to help you out when you don't have the aptitude for a certain profession.

   I will further explain as to how exactly does this work for the given market that is of interest for this particular post, and that is the WOTLK gems market.

   First of all why did i choose this market ? Well i did this on a different server then my own where i have millions to throw at the AH and not be afraid to loose them, so i needed something that i could control to a degree and something that i had experience with. The WOTLK gems are the bread and butter for all the twinks in the 62-80 bracket as well as the people that are leveling, and if you take into account that 80% of the people that have JC now didn't play in WOTLK or for some reason respeced and lost their WOTLK gems you end up on a market that is usually controlled by very few people or if you are lucky no one at all. 

   So now that you have chosen the market that you want to go into, it's time to get down to asking your friends or guild members to see if they have the ability to cut those gems. Don't be amazed if you find someone that has all the cuts of WOTLK and Cataclysm and claims that he can't make money from Jewelcrafting, those are the best kinds of people that you can encounter because they did the dailies not to make gold but simply because they were there.

   If you are unfamiliar with the WOTLK gem market you might want to check out one of my older posts that covered that particular theme, but if you are you will know that this market can be a bit of a volatile sort, so before you jump in head strong just scope out the competition, and the availability of the raw gems that is up on the auction house.

    So provided you have found a friend to help you out with the cutting of the gems, you checked out the prices and competition and they were in your comfort zone, the last thing you need to do is define the prices. In the previous post i explained that i i had priced my gems at 95g for the rare ones and 195g for the epic ones, but after i wrote that post i kinda changed my prices and added an extra 100 to those so the prices are 195/295g for the rare/epic cuts and they are still selling like hot cakes. So like the image here explains your server might be a lot different from the one i play on, but by following the simple supply/demand chart you can come up with a price that is just right for you.

   For this market you want to check out the prices of the red gems first, and when it comes to rare red gems you want to see if you can find someone to craft Brilliant Scarlet Ruby simply because crafting it would require one to be exalted with the Kirin Tor to obtain the pattern and that is kind of rare nowadays.

   Another thing before i go though, if you do decide to use a friend to do your cuts, or what ever it is that you want to sell, make sure that you give him some kind of a reward. In my case it was 10% of the profits that i made which was a pretty heft sum for him seeing as how he cut about 200 gems for me, and i managed to move half of them in the first 3 days. 

   I gave you this Jewelcrafting example because i have the most experience with this market but you can use your friend's help with pretty much any market that you want to jump into but don't have a character that can craft those items, and just to name a few PvP Armors ( Plate, Cloth, Leather, Mail ), Glyphs, Pots, Pets and pretty much everything you can think of that would sell, because remember WoW is a community game, and if you can't use the community to make gold then what good is the community.

   That's all for now and like always, keep an eye out for good opportunities out there.

   

Twinking Profits

   One of the most profitable market to dabble in has always been the twinking market. The reason behind this is fairly simple, it is a market that is selling the best possible items for a given level to a character that simply wants to be the best in PvP at that given bracket. Well for the duration of the last two expansions i have been silently racking up quite a bit of profit from selling a given item, and today i am spilling the beans.

   I won't get into making this a very long post as unlike the usual topic that i like to cover in my posts, today i will cover just a given item. This item that i am talking about is Hard Khorium Band and as you can see it is a ring that just happens to be BiS for Agi users.

   The reason why this is a very good market is that if you are able to craft the given item you can monopolize on it as it is a niche market that very few to none suppliers are looking at. There is a tricky part to this though, in order for one to be able to craft this item you would need to obtain two patterns, the first one is for the actual Hard Khorium Band and the second one would require a miner so you would be able to Smelt Hardened Khorium. 

   Now you know how to make the item and how to smelt the given materials, so the next step in selling the item would be to define the means on how to sell the item. There are two ways you can go about this, the first one is to put it up on the AH and wait for people that know what they are looking for to buy it, and the second way is to actively advertise it as a BiS item. The second way has a much higher selling chance but at the same time you will be opening up your niche market to the competition. I will leave it up to you to decide the course you want to take, but if you are going for the second option make sure that in your barking advertisement macro you put the spotlight on the fact that the ring is BiS for Twinks, and that if they want to be the best they need to get it. ( Just make sure your macro is catchy, informative and borderline cheesy )

   And last but not least, if no one is holding this market you will have the chance to set the price to your liking. The going price for this item has been moving from 1k in TBC, then 3-5k in WOTLK and nowadays it can be sold for up to 10k as people don't mind paying the price if you can make them think that they are paying for THE BEST item they can get for their character.

   So to sum it up before i finish up, you will need a character that has Jewelcrafting and Mining (ideally), you will need to have the two patterns that both drop in Sunwell and you need to know that you will be marketing your item to Rogues, Shamans and Hunters that are twinking in the 70's PvP bracket. So by knowing all this and hopefully having these patterns you can make a decent profit if you decide to hold that market.

   So, like always, keep an eye out for good opportunities out there.

The Jasper Profit Ring

   Today i am going to point out one of the things that are supposed to be so simple that they are common knowledge but for some reason many, many people keep over looking it, and i will explain what i mean by this. We are going to take a look at the Ore Shuffle but from a different point of view, namely we are going to take a look at how we can profit from it without ever having to prospect hundreds of stacks of ore.

   As you can see on this poorly photoshopped image on the left, this thing i am talking about is the jewelery part of the Ore Shuffle. Even though this is the logical thing to do many people that have a Jewelcrafter but lack the enchanter to do their disenchanting decide to take the road of no profit and slap their Jaspers on the Auction House.

   Now this has been a thing that i have been doing since they did they first nerf to the Shuffle, and when people started putting their gems on the auction house instead vendoring them for the profit. In this time i have made a metric ton of gold from it and why people decided to basically throw away that profit is beyond my comprehension.

   Best thing about this is that you can get these gems off the AH for as low as 3-4g per jasper. One thing that is worth mentioning though, if you are going to do this do it the right way. What i mean with this is, make the rings from the Jaspers and DE the greens, but when it comes to the blue rings slap them on the AH with price tags that are as high as 350g or even higher if you have no competition. Now would be a good time to get into this market because there are people that are jumping in with the RAF ( recruit a friend ) that get a instant level 80 that really needs gear, and that is exactly what you are offering.

   While you are at the Auction House check the prices for Nightstones as well Hessonites as they too can be used into making the jewelery, but the reason why the Jasper is the superior choice is because you only need 1 to craft a ring opposed to the two you will need to make a Nightstone or Hessonite one.

   So i am not going to make a simple thing into a complex one just so it sounds more fancy, instead i leave you with a simple advice. Don't do things that will loose you gold in the end, that has as much sense to it as this (very well photoshopped) priest trying to heal the tank, he is simply doing it wrong.

So, like always, keep an eye out for good opportunities out there.

The Hush Hush Vendor

   To all the readers that have been reading this blog, you have noticed that on number of occasions i have stated that one of my favorite ways to make a profit is when i sell something that is either very cheap, or even better, a vendor item for a big profit. Well this thing i am about to tell you has made me tens upon tens of thousands of gold over time, and i have kept my mouth shut and by luck no one has caught up on the thing, and read on if you want to know what i mean.

   Well as the saying goes, a picture is worth 1000 words. What i meant with that profitable venture is this guy, Stone Guard Mukar. He is the Quartermaster in Wintergrasp ( If you are Alliance then it's Knight Demeron ) and as you can see on the image that i made for you nice people, he sells a few things of interest. 

   What i mean with this is that he sells the PvP metagems which the lvl 80 twinks buy for their gear. Now here is the best part, they are only 24 honor each and what that means is basically, you log on your Tauren go sit on a gnome, and buy yourself a meta gem that you can go ahead and sell it for 495g ( the price that i was selling those ), and another good thing with these gems is that the posting fee for those is 1s.

   The reason why this is a good seller is due to the fact that the people that play their twinks in PvP don't bother with checking where they can acquire the gems and go straight for the Auction House, and that is where you are waiting with your gems to offer a helping hand to their needs.

   A word of advice though, don't flood the Auction house with more then one of each because they move slow anyways so you want to make it seem like the gem that you have left on the Auction House is the last. So if the potential buyer doesn't buy it, he will have to look for a JC with WOTLK patterns, which is a hassle that many people want to avoid, and in return he buys your gem.

   So there you are, you can make some decent gold by simply keeping a stock of one each on the Auction house and laugh when you think that, that guy that was camping your corpse and you somehow managed to kill him and got that honor actually made you gold.

Jewelcrafting Gold Making ... The Tidy Way

    In a previous post for Jewelcrafting i covered how many days you need to play to acquire all the patterns in the game. Now if you weren't swayed away from jewelcrafting and got in the market you might be making some awesome profits off from it but might simply be having a crappy time when you need to restock inventory, or keeping an eye on whatever sells so you can cut it and re list it back on the AH. Well if you are one of those guys read the rest or watch the video, whatever you prefer more.  

   In order to do this task we will use an addon. The name of this addon is Inventorium that you can download from curse.com or from the  curse client itself. 

   What this addon does is simple yet brilliant. It allows you to give it a number of items you want to keep in stock ( gems in our case ) and then any time your stock gets under that amount ( when you sell a gem ) it gives you a popup window that you can use it to craft that given item.

   In order to get started with using this addon you need to right click that new button that appeared on your minimap called Inventorium. As soon as you do this you are going to see on your screen the configuration page which is portrayed on the image above. When you open it up the first thing you need to do is go in the Groups and there set a name for the group you want to make ( gems in this case ).

   After making this group what you want to do next it set the amount of gems you want to keep in stock. This is done by adjusting the slider Minimum Local/Global Stock. For gems i have set mine at 10 as i am usually posting in batches of 5-6 gems and that way i can see if i am short on some gem. 

   Finally after making the group, and setting up the number of gems you want to have it is time to add the items you want those setting to apply to, and that is done simply by clicking the tab called Add Items. For gems i would recommend you add all of the gems in this group as you want to keep a stock of all of them.

   Now for the sake of making it visually more appealing and easier to track i have had my bags made into one 14 row big bag with the help of another addon called Bagnon, but you can use any other addon as it will not make a difference. The reason behind my division of the bag like that is quite obvious if you look at the image on the right.

   The one above the red line is the same as the one underneath it with the small change being that the one below has my gem groups neatly spelled out for you nice people. So on that lower part you can see that i am missing a gem type from my usual Ember Topaz group as well as multiple gems from different colors. When i say i am missing gems what i mean is that the required number of gems that i have set as a bare minimum (in this case 10) is not met so i will be given a option to craft those missing gems.

   As you can see on this image on the left here, this is the crafting screen. What you need to do to get this screen is open up your profession ( Jewelcrafting in this instance ) and then left click the button on the minimap. What this will do is open up the summary which is that big window with all the gems in it, and those 2 buttons at the top saying Queue and Queue All. Those two buttons are where you want to be looking. 

   If you have a addon that supports crafting queues like Advanced Trade Skill Window ( ATSW ) or Lil SparkysWorkshop then you can press the Queue All button and you will see all the gems that you are missing populate your crafting screen, if you don't have them you can do it manually by pressing the Queue button and then when that new window pops up, all you need to do is take some raw gems from your bank, put them in your bags, and you are ready to click away and see those gems being crafted.

   So by doing this you never ever have to worry if you have all the gems up on the auction house, or maybe manually check the stock you have. To clear up another thing, this post was made for Jewelcrafting but you can use this method for any item you might be selling constantly and having to keep an eye for a given stock, best examples for this would be glyphs and flasks.

   That's all for now but like always, keep an eye out for good opportunities out there.

The Ore Shuffle

    The Obsidium Shuffle, or the Elementium Shuffle known by most is the grand jewel of Cataclysm that made many goblins very rich. Now here is the funny thing, even though we are nearing the end of the expansion and almost everything is out there, and everyone is making gold off the gold tricks and tips there are still people that have never heard of the Shuffle. The reason for making this post is quite simple, i have been trying to help people make gold on my server for a while now, and since i started the blog i had a place where i can redirect with anything they might want to know, but i saw that i didn't have a topic that explains the Shuffle so here it is.

The Ore Shuffle ( taken from the Consortium site )

   As you can see from the image above it is very self explanatory, but i will go into a bit of explaining just in case. Just so you know in order to take the full extent of the profits the shuffle brings you need to have a Jewelcrafter, Blacksmith, Enchanter and Tailor (this one is optional).

    The entire shuffle starts with the purchase of Obsidium, Elementium & Pyrite ore. Once you have bought them you have a choice, that choice boils down on whether you want to prospect the ore for the gems or you want to manufacture Heavenly Shards. In order to find out which one would be more profitable you need to check out your prices for the Heavenly Shards and if they are high, or you are low for your enchanting market you might want to go that way, but at the same time you want to check the prices of Greater Celestial Essences and the Infinite Dust as that is what you can get if you choose to take the prospecting road.

   If you go with the prospect option you need to know how to get from having Alicite, Hessonite, Jasper and Nightstone into Heavenly Shards adn Greater Celestial Essences. By crafting the gems into rings and pendants and then disenchanting them you get to have the finished product. Now one of the things you should be aware is that if you decide to go this way you should know that you have a chance to get a rare (blue) ring or a Pendant. Now there is a bit of a trick here, and that trick is the item level of the items you end up getting and i will explain why.

    If you are using Jasper then you are taking the best deal because the jasper is the only one that requires only one gem to make a ring, opposed to the other ones which will require you to spend 2 gems to make a single item. But this is not the best part, the best part is that when you end up getting a rare (blue) item, it is going to be a level requirement of 79 which makes it ideal for twinks and leveling characters, and i have been selling them anywhere from 300g to 50g, and that for a 3g gem is a 10000% profit margin.

   If you are using Hessonite and Nightstone for your crafting you will need to spend 2 of them to get a single item. This on it's own puts it at 50% efficiency, and the other thing is that the rare (blue) items you get have a item requirement of 81 so the twinks are no longer your targeted market. But it's not all gloom and doom, and that is because if you disenchant these rings you get Heavenly Shards, as well as increased chance to get Greater Celestial Essences from disenchanting the green items.

   I really don't see a point in explaining that you need to cut the rare gems and post them on the Auction House as that is quite obvious. And at the end of the explanation i can only offer to give you a place where you can get the best spreadsheet that can automatically tell you which road is the best to take, and which will make you the most gold. The site i'm talking about is the Consortium forums which will give you the most awesome weapon you can wield if you take on to do the Shuffle.

   So, like always, keep an eye out for good opportunities out there.

Working Now For The Next Hot Thing

   So back again for the first post of this year, and i would like to make it about my favorite market but with a little bit of a twist. 

   This post is going to be one of those posts where you start making the preparations now so you can reap the benefits later, so i am afraid that a quick gold flip is not going to be the case here. What i mean by this is actually very simple, yet a lot of people that have Jewelcrafting will not do it, and many that have done it will get out of the market, but without further ado i'll get down to the facts.

   The whole deal is with the rare gems of Cataclysm. What i mean by this is, keep doing your dailies if you haven't collected all the rare patterns. Somewhere down the road when Mists Of Pandaria will ship it's most likely that Blizzard will take the same route they did with the Wrath gems and remove any item level requirement from them and they will end up being the hot deals that the Wrath gems are now, as every twink will want one for their gear.

   The reason why i'm stating that the rare gems will be the hot deals opposed to the epics is the fact that the only way to obtain the epics is through a raid, which will not be the actual raid after the the expansion. Now if Blizzard does decide to drop in a transmutation pattern for epics, then it would be profitable to have that as well as they are going to be highly sought after gems. 

   The reason why i primarily made this post is that at a later date when this ends up being very profitable i can point out and say that i told everyone that it will happen, and i even told you 6 or more months upfront so you have ample amounts of time to get ready. So if you have all your Rare patterns and working on your epics then good for you, if you haven't done your dailies then don't miss out on the good payday that they are going to bring to you even after their time has passed.

   So to sum it up, i am telling you to get ready for the twink gems, and if you want to know are they worth it and is there any gold in it, well i have been doing it on my server and seeing as how no one else is bothered to get into the market i have it all by myself, so i end up racking up anywhere from 3-10k per 24h post cycle.

   That's all from me for now, but like always, keep an eye out for good opportunities out there.

Gems For Everybody !

   One of the best professions out there is and always has been the Jewelcrafting, and while many people are diverted back by the strong opposition and the fact their gems are usually undercut in less then 10 minutes but that doesn't have to be the case. What i mean with this is that if you don't want to face the giant head on then kneel down and bite his balls.

   Ok just so we are clear, the biting balls part was merely a comparison and no real biting is going to be required on your part. Now that we got that out of the way i'll actually get down to the real gold making facts, and those facts are quite simple, the forgotten market of the WOTLK gems.

   So before you get down with the idea of doing this whole thing you need to be aware that if you are serious about making gold with this way you will need to have the patterns for the gems or if you don't have the pattern that will require some old daily running so that you can acquire the patterns.

   Ok so right about now you are thinking that this can't be true and that the old gems market is as dead as it can get but that's why you would be dead wrong and i will give you a few pointers on how to do it properly and in the process make a killing on these gems.

   First thing you need to know is that these gems are contrary to common belief in very high demand among leveling up players and twinks, and the higher the population of a server is the greater the demand is and in return the greater the profit is.

   Now there are few things you need to understand about this market before you get into doing it and that is the fact that the supply of the raw gems is extremely limited nowadays due to everyone depleting their WOTLK stock and no one actually going out to farm saronite ore for the prospecting needs, but still there is a low flow of gems getting up on the AH from players leveling up their jewelcrafting and those players not caring about pricing their gems properly due to them wanting to offload them as soon as possible, but even that low supply is more then enough to fill your coffers to the brim with gold.

   Another thing you need to be aware about this is that you should be prepared to invest some gold into acquiring some starting gems be it from buying them straight from the AH as gems or buying some Saronite Ore.

   So like we said the higher the demand is the lower the supply is going to be due to the limited influx of raw gems to the market but even with that there's a good space for profits here, and even if you don't have the actual cut patterns there's a way to get around it and profit from it, though not as much as if you had the actual pattern and if you are wondering how keep reading.

   Ok so if you are still reading up i will take it for granted that you are interested in how to do this whole thing properly and get those great profits i'm talking about.

   Before you get down to evaluating the gems and starting to buy raw gems check out the old gems scene on your server and you are more then likely to see that someone has posted some old cut gems for 10-20g each or even epic ones for as low as 30-50g, if you see those buy them out every single time and the reason behind this is that i have made the prices for the blue ones at 95g while i'm selling the epic ones for 195g but have sold them for 295g as well but they are moving slower at this pace. (this is for me personally but you can choose your own prices be it higher or lower)

   

   Now that you have set your "mind" to the price ranges being 95g and 195g you need to get some gold and invest it in buying out any gems that are up there for anything lower then your target prices and posting them back up for your preffered price. Now this step is that usually deters people from getting in this market due to them having to invest 5, 10 or even more thousands of gold just to buy out the gems and instead of them looking at it as i'm paying 100g for this gem, you should be thinking i am going to be profiting 95g by simply reselling this gem on the AH.

   As you can see on the image ( crappy cropping job on my side due to people sending me chat messages in the My Sales reports ) the gems sell quite well, well at about 3-8k per day, the high points being weekends. 

   From my experience the best sales come from the red gems, no surprise there and from the King's Amber (yellow epic ones) due to the fact that one of the cuts is the +crit and +res one.

   So as a recap of this post, as a start you need to be doing the Dalaran daily JC quests if you don't have the patterns for the cuts, then you need to be on a constant look out for cheap raw gems on the AH so you can cut them for profit, and if you don't have the patterns or hell even if you don't have jewelcrafting and you see someone putting cheap cut gems out there keep buying them out because in the long run you will always profit due to that one person posting cheap gems is going to run out of stock very fast.

   One last thing before we close the book on this thing would be to check out the AH for Frozen Orbs as well as the 3 gems required for crafting the Icy Prism, this used to be a 24h cooldown craft but it was changed with the launch of Cataclysm and if you take into account that it can contain up to 3 rare gems an epic and even a dragon's eye this little guy can rake up some serious profit where one simple Prism can have up to the equivalent of  600g and it's cost could be as low as 30g so that's definitely something to keep your eyes on.

   So there, we are taking up a market that has a fairly good requirement and usually a low to none suppliers for it, and with that in mind we embark on a voyage of epic gold gathering cruise.

   So like always keep your eyes peeled for good opportunities out there. 

Sailing The Waters Of The Gem Market

   One of the high earners if not the highest one in the WoW universe is the gems market. The reason behind all this is due to the fact that everyone from level 60-85 be it that they are leveling or raiding end game content or even PvPing will be getting gear that has sockets and needs gems, and this is where the term PROFIT shines at it's best.

   If jewelcrafting is your choice of a weapon for making a killing on the AH, then there are a few things you need to know, before you get into the business and actually start making some serious profits. First thing you need to know is, that unlike other professions where the items you will be crafting can be bought with items you can farm, jewelcrafting works a bit different where in order to be able to cut a certain gem you need to have the pattern for that gem, and that is purchasable from the JC vendor. The currency is the daily token you get from doing the daily quest, and what that means the "older" your jewelcrafter is he will have access to more gems if you've did the daily quest.

   So, what this exactly means is that if you want to be in the big game you will probably need to invest some time into doing those dailies, and not give up when you see how much time it will be needed before you get all the patterns available to you. Just to make it more vivid, for Cataclysm rare (blue) gems there are 53 patterns all worth 3 daily tokens which means that you will need 159 days to acquire all the rare gems, plus another 12 patterns for the meta gems which actually require 4 daily tokens which is another 48 days, so in total 207 days worth of doing dailies to have all the patterns available to you and unlock the full potential of the jewelcrafting profession.

   So if you are still reading that means that you are ok with the fact that you will need to do some daily quests and are still willing to invest your time in it, well then read up on a few more pointers.

   If you want to be a successful in the gem market then you need to start thinking like a big player, and what that means is that you don't simply scrape the earnings like any other jewelcrafter but instead you are dictating prices of gems and controlling the supply line and the how to do i will try and elaborate a bit on in the continuation of the post.

   So like we said we need to be dictating prices rather then following them and how you do this is not really that complex but it will take some social skills and communicating with your competitors. Ok i'll stop with the chatter and get down to the bare facts.

   First things first you need to define the prices you want to set, as a example i have my price ranges set xx - 195 (where xx is the lowest you would go to sell a gem, but i would rather i never have to get to that low point), and after you do that you need to get one thing straight because from 90% of the jewelcrafters out there don't seem to get, and that is the fact that when a guy/girl comes to the AH with the intention to get him/her gem it really doesn't matter what prices are there (well not if you overprice them to oblivion) but all they want is to fill up that empty socket because the sight of that new piece of epic gear just being empty like that is a painful sighting for them.

   Second thing after you've set your mind on a given price is to make sure you talk to the most active jewelcrafters on the server and iron out a deal and ask them to put their upper prices to 195 as well just so they don't systematically undercut you if they've set their top price to 120 per gem.

   And the third would be to make sure everyone gets accustomed to the gems worth being 195 rather then 20g or 30g. This last bit takes a bit of a finesse and some gold to back you up but once you get it to be in the zone you want it to be then everything gets into place and the profits start piling up. BUT and i do mean this as a big BUT, for everything to work out you will need to invest some time in the last phase because lets say people have been buying gems for 30g and now suddenly their price is 195g they will rebel a bit in the beginning and even undercut you, but just keep buying those cheap undercuts and in the long term you will see a increase in profits and when you buy those 30 gems for 20g don't look at it as "crap i've spent 600g for a bunch of gems" but rather something like "i invested 600g to get 4500g" (and this is even if your prices drop to 150g per gem).

   One last thing before we continue on to the setup would be my advice to you, see if you can talk to the competition if they could recall their gems off the AH before you start the price resetting (meaning buying off the stock on the AH and posting them for your upper price) and don't be afraid to clue your competitors in on what is going on, because you will all profit in the long term, because remember if they are your competitors it doesn't mean they have to be your enemy so befriend them and profit together.

   Ok since we've passed the few basic things you need to understand on how to approach the AH when you want to deal with the gem market lets get down to telling you the most effective and easy way to set up TSM for it. ( If you are new to the TSM addon check the explanation in my other post )

   First of all make a new Category called Cata Gems (you can choose whatever you want for that matter) then make 7 new groups named respectively after the color of the gem plus one group for meta gems, that being as the following: Inferno Ruby, Amberjewel, Ocean Sapphire, Ember Topaz, Dream Emerald, Demonseye and Meta Gems. So after you have made these groups then cut at least one gem of every gem you can and respectively put it in the matching group.

   After you've set all the gems in their groups get the prices set up as i said before where the top is 195g and the low point being the lowest you would actually go, setup the posting number to be 5 ( i've found that to be the golden middle for selling gems where it's not too high to be simply wasting the gold on posting ah cuts and not too low that there's not any of your gems up because they were sold out) and set the undercutting price as 1c.

   Ok i sincerely hope this will clear up some of the unclear things people don't know about jewelcrafting as well as if it's worth it for them to get into it. So as always stay tooned in and i will make a few more posts about how to further control the market.