erichkiller Posted November 25, 2007 Share Posted November 25, 2007 Im a smithing/merchant which basically means I buy thousands of coals and irons and smelt steel bars and sell. So what do I do with the impending approach of the Grand Exchange and still a few thousand ores left to smelt. Also what will happen to me in the future? Will buying ores and smelting into steel still be profitable? Help me out guys. Link to comment Share on other sites More sharing options...
Inuashakent Posted November 25, 2007 Share Posted November 25, 2007 99.9% sure it will still be profitable, but if you a little worried, you can sell it... I don't really mind keeping all my items. I never would resell my guthan, whip, ect... [Summoning guide (AOW)] [Slayer guide] [Melee & Brawl player] Link to comment Share on other sites More sharing options...
DegenerateX Posted November 25, 2007 Share Posted November 25, 2007 With the ores you have if you can smelt the ore into bars and smith the bars into whatever you want. I don't claim to have any wisdom that other's don't but I think prices will drop due to people selling lower than the current market price to sell it faster. The GE for you basicaly means you can buy your ore cheaper and faster. Looking for someone to teach me how to Armadyl farm - pm me10,200th Person to Achieve 99 Magic on 1/10/08 Link to comment Share on other sites More sharing options...
Ethiery Posted November 25, 2007 Share Posted November 25, 2007 One thing people don't think about. The "number value" for items may change, but the supply/demand will stay the same. Lets say steel bars become 1k each and you make a huge profit selling them, it'll be balanced by other forms of inflation, and your "dollar will go so far" kind of approach will still exist. A man who doesn't read, is no smarter than a man who can't read. Link to comment Share on other sites More sharing options...
wioneo Posted November 25, 2007 Share Posted November 25, 2007 Ores and bars have pretty stable prices so i seriously doubt that they'll change. Coal, for example was 150ea when I started playing and that was around 6 years ago. There's only been a 50 gp change in all that time. Barrows: 9~2 V Brass,V Flail,2 Dh Plate,V Helm,V Skirt,T Legs,Malevolent Shield + DKing: 48~6 W Ring,13 A Ring,8 M Staff,9 S Ring,7 B Ring,3 SeercullDragon Drops: 500+~50+ Med,26 Axe,3 Chain,10+ Legs,10+ Spear,2 D2h,10+ L Half,49 Boots,2 DDs,10+ Lump,9 Claws,50+ Dagger,14 Visage,50+ Mace,4 Scimitar,7 Hasta,Baxe,50+ Long,30+ Royal,2 Kite,4 Ward,2 Plate,Staff,Hammer,Limbs, Mattock,HalberdGWD: 156~4 S Staff,50+ Shard,9 B Tass,13 B Plate,5 B Boots,6 A Plate,11 S Sword,8 A Hilt,4 A Skirt,9 A Helm,S Hilt,3 B Hilt,B Glove,2 A Buckler,Z Ward,Z Garb,2 Z Boots,B Shield,B Helm Corp: 3~Elysian,2 Sp Sh + Nex: 6~Torva Legs,Cere,P cowl,Z bow,2 T boots + GWD2: 9~2 Glaive,Wand,2 Crest,Blade,2 Essence,Core + Araxyte: 5~Web,3 Pheromone,Fang + Raids: 4~3 Codex,P Boots + Trails: 2~Bob Shirt,Fortunate Etc: 64~3 Sceptre,B Mask,16 Whip,2 Focus Sight,5 D Bow,7 SOL,Ragefire,2 Steadfast,Arma Staff,6 Rider Armor,5 Vine,2 Razorback,2 A Wand,Abby Orb,3 Blood Shard,6 Hydrix,Gland,Asc Xbow [spoiler=Capes]Quest Cape Aquired 12-7-07 ~ Level 93 + + + Completionist Cape Aquired 5-22-15 ~ Level 138Hitpoints Cape Aquired 9-21-09 ~ Level 131 + Magic Cape Aquired 9-24-09 + Attack Cape Aquired 3-5-10 ~ Level 135 + Summoning Cape Aquired 3-12-10Strength Cape Aquired 6-1-11 ~ Level 137 + Fire Cape Aquired 6-23-11 + Defence Cape Aquired 7-5-11 + Ranged Cape Aquired 8-1-11 + Kiln Cape Aquired 2-26-12 ~ Level 138Dungeoneering Cape Aquired 4-22-12 + Slayer Cape Aquired 6-25-14 ~ Level 200 + Herblore Cape Acquired 12-9-14 ~ Level 138 + Prayer Cape Acquired 12-20-14Agility Cape Acquired 1-4-15 + Hunter Cape Acquired 1-30-15 + Construction Cape Acquired 1-31-15 + Crafting Cape Acquired 2-22-15 + Thieving Cape Acquired 3-18-15Runecrafting Cape Acquired 4-14-15 + Mining Cape Acquired 4-19-15 + Fishing Cape Acquired 4-25-15 + Firemaking Cape Acquired 4-26-15 + Woodcutting Cape Acquired 4-26-15Cooking Cape Acquired 4-26-15+ Smithing Cape Acquired 4-28-15 + Farming Cape Acquired 4-29-15 + Divination Cape Acquired 5-3-15 + Dungeoneering Mastery 5-4-15Fletching Cape Acquired 5-4-15 + Max Cape Acquired 5-4-15 + Invention Cape Acquired 11-9-16 + Invention Mastery 5-16-19 + Archaeology Cape Acquired 10-30-20 Link to comment Share on other sites More sharing options...
erichkiller Posted November 25, 2007 Author Share Posted November 25, 2007 Thanks guy for your insight and advice. I'm going to try finish smithing the remaining ores and see what happens when the GE comes out. Link to comment Share on other sites More sharing options...
Solidus_77 Posted November 25, 2007 Share Posted November 25, 2007 You have to be opposite the crowd and due to recent information it seems that the crowd is selling right now, so you shouldn't sell and you should wait for GE to arrive. 76th to reach 99 Construction on 6th of February 2007379th to reach 99 Runecrafting on 4th of November 2007 Finally the secrets of goal achieving are revealed! (give my guide a read :^_^: ) Link to comment Share on other sites More sharing options...
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