I felt this deserved a much needed post. You hear all the top goldmakers telling readers that they're stockpiling [item] and they have # amount. At first I personally thought 'I'm never going to be able to compete with those guys', but it's possibly to get a decent stockpile of different sorts of goods to get ready for future patches.
There was much speculation that epic gems would become prospectable from Pyrite ore in the 4.1 patch. I didn't believe it though and refused to stockpile the ore, 1. because it was 200g a stack, and 2. because I simply didn't think epic gems would come.
Pyrite ore is currently around 160g a stack on my server, I never buy at the market price, because it's so expensive and I don't have infinite gold :). Instead, I frequently use the mobile armory or auctionator to find cheap pyrite ore. I've done this for about 2 weeks and have abut 14 stacks worth from 2g per ore to 5g per ore. I won't be touching any of them until epic gems arrive. Now just think how much of an advantage I will have over competitors:
1. I will be able to undercut massively when the gems arrive because this stockpile has been developed over time and is only costing around 200g (even less!) per day.
2. I'll have a stockpile and others wont.
3. I'll be making a killing!
I also did this with Volatile Lifes, but not over a period of time, it was pure luck actually: . . .
One night just before I logged off somebody was barking to sell 30k volatile lifes, I asked him how did he get them all. He said he bought them on his old server and transferred to get the gold on my server; made sense. I bought as many as I could for 4g each. Currently Volatile Airs are fluctuating to about 28g tops, and 20g floor price. I am in absolutely no rush to sell them so I put a threshold of 25g each on TSM and if the market on the day isn't above 25g I still do the transmute(I sometimes get a nice proc), and when the market is above 25g my volatiles sell straight away. It's an insane profit of just over 500%! On top of that, any procs for volatile fires I get I am stockpiling and waiting for firelands patch to arrive. This way I am making gold right there + some more!
Hope you liked this post.
Artose