The Loot Council is another new regular column highlighting interesting and informative posts from around the WoW finance blogosphere.
So, here’s a quick joke for you:
Q- How many WoW economists does it take to screw in a light bulb?
A- All of them. One to screw it in and the rest to say “Actually, I would do it like this…”
Now that we’ve firmly established why we are in are in the finance (and not the comedy) business, let’s take a look at this week’s picks for the most informative posts regarding patch 3.1 and its effects on the WoW economy.
Markco from Just My Two Copper has a nice succinct post up regarding his economic predictions for 3.1. Be sure to look at his related posts below his piece for additional information about specific changes.
Kaliope, the self-appointed investigative reporter for tradeskills in the World of Warcraft, has lots of good information regarding changes to professions. No one post in particular stands out because they’re all good. Give her a look and while you’re there be sure to check out here new swag items… very cool indeed.
Gevlon, our friend over at Greedy Goblin, deserves huge kudos for doing something that you will rarely hear an economist do and that is to simply say, “I don’t know”. That said, he goes on to give some good tips and predictions and, as always, you’d be remiss to not give him a read.
Gavin gives us an interesting tip for scribe about the new utility of the Darkmooon Undeath Deck in 3.1 over at his Dominate Your Server site. The trinket, he reasons, will be getting a nice buff come 3.1 time and he predicts a massive increase in demand and price. Might be a good investment now if you can find them cheap.
Insider Trader, the finance news component of WoW Insider, gives us a few (somewhat vague) predictions on 3.1. No real new information here but still worth a look. They do have an excellent resource available, however, if you’re trying to stay up to date with all the changes incoming in patch 3.1.
MMO Auctioneer talks mostly about items they see as dropping in price come patch 3.1. I’d be interested to read a follow up post with more predictions based on their theories.
Warcraft Econ has an excellent and extremely comprehensive series on economic predictions for patch 3.1 in four parts. We’ve only linked the fourth part but be sure to follow the links at the bottom of their page for the full story. This is a fantastic resource for any WoWeconomist. Not to be missed.
Here at WoWenomics we’ve posted our predictions in the second part of our Northrend Economic Assessment and welcome you to take another look as you prepare for 3.1. One of the interesting things we will be doing post-3.1 is releasing our statistics tracking the results of the items on which we forecast price changes. Be sure to check back a regularly after the patch is released as we will release results at three intervals: a few days after the patch goes live, a couple of weeks later and finally one month after the patch is implemented.
We hope you take the time to go around and see how our fellow WoW economists plan on ‘screwing in the light bulb’ when it comes to patch 3.1. Note that the above blogs are not listed in any particular order outside of the way the team brainstormed them.
Please let us know if there are any sites that you feel we overlooked or should otherwise be included and we will edit this post and do so. Also, as always, we love to hear your own theories as to how to profit from incoming changes.