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Investing Elite

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A guild of professional Gaian Investors and Exchangers who offer advice on making gold. 

Tags: Gold, Economics, Investing, Market 

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emptyanddeadinside

Wicked Monster

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PostPosted: Thu Dec 16, 2010 5:05 pm


OMG I want this item in the worst way. The price keeps climbing and climbing though....should I get it now, or hope it falls again? (On one hand, every day I look at the price, it's jacked up another mil or two, on the other, I dunno how many there are in circulation and 4.6mil is kinda hefty, especially when ABP is 3.3mil and apparently inflated as it is.)
PostPosted: Mon Dec 20, 2010 8:04 am


    arrrghhhhh! scream don't throw around the word inflation like its a dumb doll. it's never, ever a valid reason to use for INDIVIDUAL items, ever. because that's not how inflation works.

    What this means is demand outweighs supply. There are people like you who really want the item, and they're willing to pay more than the current ABP to get it. And no-one in this guild has the All-Seeing Eye to tell you if and when that will stop or continue.

    I can say, though, that the price will drop once something new comes out. What I mean by this is not that the price will be lower than it is now; I mean that the price will drop from e.g. 10m before the release of new shiny to 7-8m post release. I'm not quoting real prices lol, but just saying that I can't predict exactly where this item will go, just the direction.

5HUE0GHXZ
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emptyanddeadinside

Wicked Monster

40,900 Points
  • Haunted Haute Couture: Vintage 200
  • The Temptations 500
  • Friend of the Goat 100
PostPosted: Tue Dec 21, 2010 3:04 pm


I'm sorry about my incorrect use of inflation here. >.> (Please don't eat me.) I just meant the price seems to keep getting jacked every time I think I have enough gold. XD I don't know the correct term for that, so I usually tend to use inflated. Sorry.

As for the advice - thank you. I know you guys aren't the end-all, be-all in what to buy, but it's still nice to hear other's opinions on the item in question, especially when I'm wavering already on whether or not to buy it.
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Investing Elite

 
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