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Gossamer Exploding

"Hi Markco,

I thought it would be a good idea to start stackpiling T6 materials for the level 500 update on leatherworker an tailor (gossamer / hardened leather). I noticed that prices are exploding (highest level since more than a year - at least for gossamer) since the update on 2nd of october. Do you have any idea why that might be? I don´t see any connection between these materials and the update. Is this just more people speculating like I try to do?

By the way: thanks for your great blog!

Joachim"


Gossamer and leather are primarily obtained by salvaging higher level gear. Most people are salvaging lower level gear for luck, so the magic find change did not negatively effect Gossamer. Speculators are paying close attention to Gossamer and buying it up in droves. People are looking to wait for the patch before using their current stockpiles, so a lot more Gossamer is being bought than sold.

Contrary to popular belief, now is the time to sell Gossamer. It's on its way up because of speculation, but nobody knows for sure how it will react to upcoming changes. If you had some stockpiled before the magic find change, then now is the time to unload.

If Gossamer explodes, I would highly recommend creating it with the mystic forge. This should go without saying, especially when it initially rises.

2 comments:

  1. Anonymous said...:

    I'm not so sure I agree about selling off stock right now. Gossamer is used in all of the armor crafting and I'm assuming you mean the MF promotion of silks, etc, which also needs skill points.

    Normally, I think you've got great advice, but I personally think this time it would be a mistake to sell off.

  1. Anonymous said...:

    I don't think people are only salvaging low level gear. They are definitely salvaging rares and exotics for ectos, dark matter, and T5/T6.

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