What can Shakespeare teach you about Truegold?
‘Timing is everything. There is a tide in the affairs of men which when taken at the flood leads on to fortune’Wm Shakespeare: Julius Caesar, Act 4.
Truegold prices are now at a premium. With the opening of the 4.2 vendors by the hardworking Molten Front quest grinders, truegold is in demand for the new patterns. This demand was predicted back when the vendor patterns were announced, by Just My Two Copper and MMOChampion. WoW Insider Euripedes and I both predicted that truegold prices would be plunge at the beginning of 4.2 due to over speculation and then climb as the vendors were released.
Click for larger image
Well I’m not sure if Euripedes has mentioned this recently, but now is a good time to sell your truegold. Just take a look at this graph from wow trader showing my local EU realm demand for Truegold. Click for a larger image. You don’t really need to enlarge the image to see that the price has risen through the roof. I’m now hearing demands on trade for truegold cooldowns that I haven’t seen since before 4.2. I’m seeing complaints on twitter from sellers that the Truegold transmute isn’t procing.
In a nutshell, players want more Truegold. Your response? Take your truegold out of your storage guild banks and start selling on the Auction House. Follow my advice in my last post about Truegold: Go careful, do not flood the market. Sell a few at a time, do not enter into an undercutting war, slow steady and sure. If you do not sell today you can sell tomorrow, or over the next few weeks. Tuesday and Wednesday might be very good selling days, because raiding guilds head into their endgame raids on Tuesday (US) and Wednesday (EU) nights, the first nights of the new Blizzard week.
I am going to make a 50/50 bet here, that truegold will not have a use after 4.2. The advent of epic gems will bring either a new pyrite^2 bar or a similar item to primordial saronite available from raids. Either way, I get the feeling that Blizzard has used truegold to its limit here.
I could be wrong, I have nothing to back up my theory except years of experience and intuition. So take this with a pinch of salt. Take all predictions with a pinch of salt until they come with hard evidence. Either way, get those Truegold sold, slow, sure, and steady.
Good luck with your sales,