Gold prices on the way down?

Saw GameUSD selling 10K for $13. Seriously what the hell is going on!!

 

theres a guy stealing my private buyers selling for 0,5 $ pr k. Dont know what he's up to. Ruining the market

 

Price range (US) $1.5 - $3.8 per thousand




Price range (EU) $1.3 - $4.3 per thousand



http://www.mmoshift.com/blog/2011/02/25/wow-gold-prices-how-low-can-they-go/

 

It's screwed up, but that's what you get when everyone want's to sell gold.

 

I wonder if China bought the blizzard theme-park with WoW gold.

 

Its simple economics. If there are more sellers than buyers the price will go down. Just like the stock market. I wish I could short WOW gold though. Could make a fortune!

 

On my server I've just sold 100K for 1$ per K to the Chinese ^^
Haven't been able to sell to Chinese in a long time for that price

 

and thats the way the cookie crumbles

 

Prices are always horrible at the end of each month, its always been like that.

 

whats going on is the idiots who keep selling to the chinese 10 k for $5. so why not sell for cheaper to make the sell

 

Why is that?

 

People rack up the gold in a month and then sell it at the end

 

And getting worse, heading towards $1/k to buy soon, stay tuned for how low it can go!

 

Yeah.. offgamers is at $1.2/k is srs business.. ouch. Crazy

 

I was JUST thinking the same thing! Hehe

 

hey blein, maybe we could get someone to short us some gold, although we may have to trick them into it haha! Really all we would have to do is find someone sitting on a ton of gold, and hope the prices keep falling, and get them to not charge us interest haha. It may work /shrug

 

Yeah, if things keep going this way, Im seriously quitting, I dont see any hopes for gold to go back to at least $1/k.

Had a good run though, selling gold has given me a lot.

 

Blizzard made it that way,before they release the Cataclysm,i read an article in a magazine telling us that they wish to destroy wow and they did it.Gold are in abundance. People are getting gold in 10th of thousand per day from one farming toon. Isnt that obvious?

 

proof or didnt happen... like they would kill what makes them most of their money... cool story

/equip [Tin Foil Hat]

 

omg think before you reply...they destroy the economy...everyone can easily get gold now..what is the purpose buying gold if you can just setup guild and farm from people,you want more gold be a goblin.