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Sell Sell Sell, could it be the time to sell, I think yes but its up to you.
Has everyone noticed that the price of everything has shot up recently, take a look at the Grand Exchange and the price of whips, godswords, iron ore in fact almost everything has gone up in price recently, noticeably in the last 4 weeks.
Everyone else has blamed the Merchanting scams, I mean clans, no I don't I mean scams, but even the merchanting scams do not have the power to change the price on everything, in fact the merchanting scams have very little long term affect on any of the RS market.
At about this time last year I noticed that there was a sudden downturn in the cost of expensive armour, with the help of readers of this blog and the Runescape Readers Digest we determined that the price may be caused by the end of the school holidays and likely end of membership and reduced playing time for many players, selling all their member items for cash to spend for f2p.
It was never totally conclusive but the times and price changes did coincide very closely.
As a precaution I have had a spring clean, I sold most of my junk including most of my spare runes, 20K laws, 15k bloods, and many more of my other runes as well as my no longer used Barrows sets, sorry Guthans my bunyip has made you redundant, all in all so far I have made 71m just selling my carp, I may sell my God Sword, I only use it for dark beasts anyway, my best sell was my ranger boots, I bought them when they were worth 1.2m and I paid 1m to a guy who wanted a quick sell, sold today for just over 9m, will I buy in 2 weeks for 5m or stick with my chicken feet? I do not know yet.
I bought 35k iron ore for 100gp a while back because I wanted to get my smithing up, it sat in my bank for over a year and I sold it all today for 126 each, if I havent used it in over a year whats the chance of me using it soon?
If your going to sell it may well be an idea to sell now, the holidays end in 2 weeks and I expect the prices to plummet, the prices are still rising but the rise has slowed, I may well be wrong but it may be an idea to consider past performance and maybe sell duplicates you have.
3 comments
I too have been keeping a closer eye on the Grand Exchange more than usual to view a steady rise in prices. I know a few of my friends have stopped playing RuneScape, had to clear around 11 people of my friends list because of work/education or just not having the time to carry on.I will definitely keep selling all my duplicate items and hope that prices will eventually come back down to avoid other like minded players following our patterns ;) Guess it's finally time for a good bank spring (well, Autumn) clean!
/Rich
Do you know, why stuff is going up? It's because of the inflation, and what causes that?PVP-drops which you can trade for gp in edgeville.
and that sucks
I have been reading you blog for about 2 years now and I just want to note that I think that it is one of the more respective, and "better" Runescape blogs out there, too date. When I say "better", I mean that everything you say is backed up by logical reasoning. I don't think that enough people visit this site, then again, I do not know, but thank you, I enjoy reading your posts very much.P.S. Pursue Sony, that's ridiciouls(probably not spelled right?)
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