you can make great profit on smithing and smelting....

 

 

 

 

 

 

 

5 iron ores= 500gp

 

 

 

10coal = 1500

 

 

 

5 steel bars= 3000gp (600each)

 

 

 

 

 

 

 

3,000-2,000= 1,000 profit just with 5 steel bars!!!

 

 

 

 

 

 

 

and seeing how iron is easy to get u could be making alot more money than that... so in my opion smithing is great for making money!!

you make a better profit selling the ores you mined rather than smithing them

you make a better profit selling the ores you mined rather than smithing them

 

 

 

The market is getting weird if that's the case. Ores have no purpose other than smithing them. Anyway, if that's true, the price of ores will drop as less people smith until it becomes profitable again.

 

 

 

Is it me or has the economy been getting weird lately? There seem to be a lot more threads floating about on the subject of weird prices.

smithing rune plates is very profitable if u have 98 or 99 smithing because the price of ore is what 15k each so that means that ur making 60k worth or something and selling it for 80k so how can u say ur not making a profit

 

 

 

Plates aren't actual profitable... takes 5 bars (roughly 14-15k ea) wich means that your plate costs you 70-75k to make.

I'll have to say that until you get High Alch and at least level 48 smithing, you won't be making any money whatsoever. On a different note, Could you PLEASEcheck the last post's date before you dig it back from the grave? This topic's over 2 YEARS OLD. :wall: :roll:

You're obsolete.

 

 

 

:lol:

 

 

 

OT: Yeah, I'd say smithing is a lot harder to raise now. But it's not obsolete. If there's people selling, that means people are buying. And when that happens, the skill is hard from obsolete.

For certain things (such as iron knives) if you smelt the iron then smith it you can turn a profit plus get both the exp from smelting and smithing, not just smithing.

 

 

 

Or you could smelt coal and iron into steel.

 

Or smith steel into cannonballs.

 

Or better yet, smelt steel bars then make cannonballs.

OMG! 3 QUICK EASY SOLUTIONS!!!

 

 

 

1. Don't smith

 

2. Mine your ore

 

3. Make money to buy your ore

I already found the idea ludicrous when I read the title. Smith is very useful, just need to mine ores urself, besides I'm hapt with the aore prices as they are now.

The solution is simple: Mine ore.

 

 

 

Not only does this give you ores to smith, it also manages to lower prices in the World because the demand for ores is less. The less ore buyers, the less expensive the ores are. It's simple economic... but don'y feel bad. Bush can't understand it either :P

 

 

 

~Yondo

 

 

 

Not exactly saying much is it? :P im joking of course :anxious:

Whoever it was, nice bump. :roll:

 

 

 

Anyway, bar prices are rising on the GE. Cannonballs have dropped in price, and soon they will be a bad source of profit. On the other hand, ore prices have dropped, and thus, it's mining that has become obsolete.

 

Iron ores are now like 70-80 each, coal is 160-180 each. Used to be 100 and 200, respectively.

smithing rune plates is very profitable if u have 98 or 99 smithing because the price of ore is what 15k each so that means that ur making 60k worth or something and selling it for 80k so how can u say ur not making a profit

 

 

 

um u forget rune pl8s = 5 bars... 15x5=75... if u sell for 80 thats 5k profit (and the ore is worth about 11.5-12.5k ea

 

 

 

 

 

as a member i smith iron arrowtips and make money

 

 

 

 

 

Im a rune smith btw, and i personally like smithing, however with prices the way they are now aint much that can be smtihed profitibly... u could buy ores and smelt bars while making money but thats about it execpt for what i mentioned above.

and that, nuclear, is precisely the point the original author was trying to make. As a moneymaking skill, smithing is now only useful in regards to bar-making for other smiths-in-training. Thanks to rock-shell armor, making armor part of monster drops, and the the ridiculously low alch value of rune items, the prices of said rune items has fallen so low as to make high-level smithing entirely useless.

and that, nuclear, is precisely the point the original author was trying to make. As a moneymaking skill, smithing is now only useful in regards to bar-making for other smiths-in-training. Thanks to rock-shell armor, making armor part of monster drops, and the the ridiculously low alch value of rune items, the prices of said rune items has fallen so low as to make high-level smithing entirely useless.

 

 

 

true but i have to wonder if the auther is member or f2p, if f2p then smithing was pretty much "useless" from the start, however you can still buy ores, and smelt bars for profit, but thats not a very quick way, but thats how it normally is, sure bolts for member used to work pretty good, you could even say that arrows kinda worked for a while too, but overall smithing has never been a very effect way to make money, however it could make money.

 

 

 

and penguingeek3 its true ur statement for prices.

and that, nuclear, is precisely the point the original author was trying to make. As a moneymaking skill, smithing is now only useful in regards to bar-making for other smiths-in-training. Thanks to rock-shell armor, making armor part of monster drops, and the the ridiculously low alch value of rune items, the prices of said rune items has fallen so low as to make high-level smithing entirely useless.

 

 

 

true but i have to wonder if the auther is member or f2p, if f2p then smithing was pretty much "useless" from the start, however you can still buy ores, and smelt bars for profit, but thats not a very quick way, but thats how it normally is, sure bolts for member used to work pretty good, you could even say that arrows kinda worked for a while too, but overall smithing has never been a very effect way to make money, however it could make money.

 

 

 

and penguingeek3 its true ur statement for prices.

 

 

 

It just strikes me as very dumb that the pillar of what smithing should be - forging items - is now entirely obsolete. That's just silly. Something should be done. I'm sure neither you nor I would object to being able to make better money off of one of our favorite skills for a change.

More of a rant then a suggestion.

I just had a thought about the long term effects of mining vs. selling ores.

 

 

 

Before I start this, I'm mainly going mainly off of the idea that it's not really how much money you gain, but rather how much money you gain compared to the rest of the runescape population. This really doesn't apply greatly to stuff like buying rune longs from the champs guild (not that anyone still does that), but more to making money to buy items where the prices fluctuation based on the amount of gp in circulation (the most notible example would be in the rare-item market).

 

actually, no. selling items to players does not increase the amount of gp in circulation and does not affect inflation.

 

 

 

the biggest impact of the updates on smithing, imo, is blast furnace smithing. the technique involved selling your ores to the shop, then buying them back to unnote them. the cost was low enough to make the business profitable, but not anymore, because the cost difference in buying and selling is too huge. the only way to make the blast furnace usable is to make trips from the bank to the furnace and back

 

 

 

the other thing is the grand exchange controlling prices. right now you can get rune plates for around 41k (i just bought 2) so it will be a while for you to expect to get anywhere near 80k for them

 

 

 

as it is, the best way to smith is still (and probably will always be) goldsmithing with gauntlets, and the best source of gold ore i know of is between a rock

 

 

 

the shop price update totally ruined the game for me. actually, i wouldnt say it ruined the game, but more it took away my biggest advantage. i just have to find a way to adapt.