The Undermine Journal 101

        So now that The Undermine Journal is back up we can have fun again, or for the first-timers out there to start using it. Amazingly I never got to use it for my personal benefit before it went down (My Server's faction isn't fun).  But now that every US server is included there should little excuses to use this whenever needed.

Sometimes Undercutting Isn't Always A Good Idea

     Okay, first off this is no longer The Reality of Dan, but Making Gold With Dan. If you couldn't tell by the new title this is becoming a WoW gold blog. Now you may of noticed that I started posting about making gold a week or two age,but never changed my name. The reason for this was that I was waiting for Cold's Gold Factory to have their blogging carnival. So now that has been published,  I went ahead with the name change, Sorry in advance Cold for pulling changing but this name seems better.

     Now onto what this post is about. Sure, undercutting is the way we get our Auctions to be the cheapest auctions around, but sometimes it comes with a price.

The Beginning of Gold Blogging (TSM Buying)

Okay, so today I will start gold blogging. I changed the layout of the page to better accommodate this. Read some more detail on the video after the jump.

What 3 Pieces Of Advice Would You Give A Little Goblin? (3 Top Tips For New Auctioneers?)

     This post is for those who are interested in starting up a gold empire in WoW. This is also for Cold's Gold Blogging Carnival.
  
     1.You Will Need Addons: Yes, you might have your nice Frames addons and something for your action bars but if you want to be serious about starting your gold empire you should invest in at least Auctioneer (I have heard rumors of it working again), ZeroAuctions, or TradeSkill Master. Without these any operation will have to stay small. Being limited to the default AH UI makes me want to rip gank a gnome. Using the normal UI is fine and all, If you want to not have a large operation. If you need to keep your memory light i suggest you go and download Addon Control Panel, keep an addon set just for auctioneering and thats it. You know what everyone should download it, wouldn't have to relog for addons .

  2. Learn The 22 Steps: Now this may seem like an obvious, but then again I still see people put things on the Auction House that are under the Vendor Price. What exactly are these 22 steps? Well they are what I started off with and they can make you gold real fast. They were written by the great sage of gold blogging Markco of Just My Two Copper. It may seem pretty difficult on what to do at first but once you get the hang of it you will start flipping items for gold.

  3.Do Your Research: I don't know how many times I have not followed this advice and have payed for it. Read Patch Notes, read gold blogs (if you are reading this then you already probably are), listen to podcasts. If they buffed Tankard O' Terror to level 80 don't they think they would do the same for each expansion; however, this may not always be the case so make sure to read ahead. Another Prime example of this was the Frozen Orb changes.  For those of you who are just starting out in the World (of Warcraft) Frozen Orbs were the Wrath of The Lich King equivalent of Chaos Orbs. Thing was that anybody could roll on them and eventually they went unused due to gear getting better and better recipes that didn't incorporate them. Well, The mighty people at Blizzard decided to let people trade in their worthless Frozen Orbs to still useful trade mats. Once this change showed up in the patch notes nothing happened, the price of the orbs didn't go up. But when the patch finally hit prices skyrocketed . If someone were to of read the notes they would of been able to buy the orbs for cheap and flip them for a profit. This is why doing your research is important.

   This may seem like a lot but you too one day can become a mighty goblin and have your own gold empire.
  

How To Win At Mysterious Fortune Cards (AH'ing Pt. One)

   Yes, I know there are no addons running right now, but that is not the point. The point is how to sell these cards for gold. First, you need to make the cards and figure out the prices. Right now, it is estimated that one stack of low level herbs (Cinderbloom, Heartblossom, Stormvine) you get 5 Blackfallow Inks and .5 Inferno Inks. This means that for a card to even be profitable it will have to be more than a 1/5 of a stacks of herbs price. I typed it out in math for those who are lazy

P > H/5 (or 6 depending on which herbs you are using)
P= Price of card
H=Stack of herbs.

        Now there is also the reverse side of this, Darkmoon Cards. A couple pages later in my mailbox there are a few that sold. With Higher level herbs (Whiptail and Twilight Jasmine)  you can get 6 blackfallow inks and 1 inferno inks. I could type it out, but i'll just insert a picture of my "notes" during class.

Sorry about the quality sucking, I need a camera. So with this price ratio .44:1  this is still true to the most part. And since I don't know how to continue, this is it for todays post.