Consortium Project update November 2012

1,261,169 gold for the month. Not only did we beat our previous PB (personal best) but we smashed the 1 million gold goal I set at the beginning of this expansion.
Kinda scared now as I don’t have a long term goal in the works, and as I’ve said before, I need goals to stay motivated.

 

So what changed? We had been doing 600k ish then boom, 1.26 million. I attribute the jump to a few things.

1. Blizz released 2 more LFR’s this month, along with the raids instances.
2. More people hitting 90 and the ease to get into and complete heroics.
3. More guilds starting to raid.
4. Daily Quest Rep rewards from VP. Yes there are still people grinding out rep, can you believe it. I sure can.
5. Duping of Blood Spirits, means access to crafted gear is much easier.

Sales of Enchants, Gems, and Belt Buckles went through the roof. 952,630g profit from this alone.

190,000g sales from DM cards.

118,539g profit from Glyphs.

 

Our Routine

• We buy as much Ghost Iron Ore & Green Tea Leaf as we can up to 1.75g each (35g a stack) on Caelestrasz
• Prospect the Ore and make Ornate Rings & Shadowfire Pendants.
• The Blue procs from the above, we try and sell on the AH, otherwise we DE along with the greens.
• DE’d mats used for enchants.
• Craft 15x Profitable enchants.
  
• Wild Jade, Imperial Amethyst & Vermilion Onyx used for Primal Diamonds.
  
• Cut the following Primals x10.
  Agile Primal Diamond
  Austere Primal Diamond
  Burning Primal Diamond
  Ember Primal Diamond
  Reverberating Primal Diamond
  Revitalizing Primal Diamond
• Keep an eye on the price of Serpent’s Eye, the below DE into Ethereal shards. We can sometimes pick up Serpent’s Eyes for 5g each.
• Make the 450 Ilvl Jewellery which is profitable x4-5 of each
  Band of Blood
  Heart of the Earth
  Lionsfall Ring
  Lord's SignetRoguestone Shadowband
  Golembreaker Amulet
  Reflection of the Sea
  Skymage Circle
  Tiger Opal Pendant
  Widow Chain
• Cut gems with highest prices first x20.
  Bold Primordial Ruby
  Delicate Primordial Ruby
  Brilliant Primordial Ruby
  
  Fractured Sun's Radiance
  Quick Sun's Radiance
  Mystic Sun's Radiance
  Smooth Sun's Radiance
  
  Adept Vermilion Onyx
  Artful Vermilion Onyx
  Deadly Vermilion Onyx
  Deft Vermilion Onyx
  Fierce Vermilion Onyx
  Fine Vermilion Onyx
  Lucent Vermilion Onyx
  Potent Vermilion Onyx
  Reckless Vermilion Onyx
  Resplendent Vermilion Onyx
  Skillful Vermilion Onyx
  Willful Vermilion Onyx
  
  Puissant Wild Jade
  Zen Wild Jade
  Balanced Wild Jade
  Misty Wild Jade
  Lightning WIld Jade
  Piercing WIld Jade
  Sensei's WIld Jade
  Vivid WIld Jade
  
  Energized WIld Jade
  Etched Imperial Amethyst
  Glinting Imperial Amethyst
  Purified Imperial Amethyst
  Shifting Imperial Amethyst
  Veiled Imperial Amethyst
  Guardian's Imperial Amethyst
  Defender's Imperial Amethyst
  
  Rigid River's Heart
  Solid River's Heart
  Sparkling River's Heart

• Buy Sha Crystals when cheap for the Rep Enchants if you can craft them.
• Buy Living Steel when cheap and get BS Guildy to make into Buckles.

• Mill Herbs and turn into Shoulder enchants if you have a Scribe.
  

  Greater Crane Wing Inscription

  Greater Ox Horn Inscription

  Greater Tiger Claw Inscription

  Greater Tiger Fang Inscription

  
  
• Don’t be scared to move items to the opposite faction if prices are being tanked. As an experiment when I was looking into Arbitrage opportunities, I was moving Belt Buckles from Alliance to Horde and made 200g a pop.
• Use the remote Auction House during the day if you have access to a computer.
• Setup notifications on Wowuction.com or TSM Desktop App (link Below) to alert you to cheap mats.
• Don’t be scared to buyout other peoples auctions to reset the price. We regularly do this with Primal Diamonds, Belt Buckles and Shoulder Enchants, when prices get tanked to sub cost prices or near to.
• No 1 rule, in an undercutting war, try to always be the last man standing. Never let emotions drive you, always undercut by 1c (small amount) only, down to your break even point. If you drop the item value by 10-15g the only person you're hurting is yourself. If your competition posts more items or can stay on longer, it doesn’t matter, while you are on line be the aggressor. Make your competition work for every gold. Don’t stay up till 3am trying to win an undercutting war, walk away and get up fresh for a new round the next day. Persistence and repetition is the key. Learn to post and raid at the same time. 2 screens = win
• You will need the following bags 2x Illusionary Bags, 1x Luxuious Silk Gem Bag, 1x Outherworldly Bag for the toon running Enchants, Gems & Buckles. We use the the Royal Scribe Satchels for Glyphs.
• Addons TSM, Auctionator, TSM Desktop App.
• Though I hate doing Dailys, theres some I do every day. Tilers Rep, get it to revered and you can then plant Songbell seeds which turn into mote of Harmony when harvested. I’m doing this on 3 toons per day. Get your rep to Exalted and you can have 16 farms. Spirits of Harmony (SoH) can be exchanged for 3x Golden Lotus which is used by Alchemists to transmute gems, this is good for making up missing gems for Primal Diamonds, unless they are cheaper on the AH.
• Although we do sell Leather Leg enchants, getting SoH is time consuming. I’ve tried to stay away from crafting anything that requires SoH. This is not to say that Crafted items are unprofitable, but more so, that getting the mats for them is a time sink.
• Use your professional cool downs every day.
  
  

There are a lot of bloggers out there, some offer different ideas for gold making every day, some focus on 1 profession and are authorities in that area.

Twichie Enterprises is the main reason I provide monthly updates as I've always liked reading their blog, and the idea of giving readers an overall financial perspective, appeals to me.

This blog will never be a place for cutting edge ideas as I read other peoples blogs for those. It will however focus on the Shuffle and the how a team of 3 go about it.