30 May 2007 at 14:26 - 64
Ok, I put my money where my mouth is... and last night unloaded every unid gold I had except for swords, low req bows, and low req axes. And I am talking a LOT of them. You can't get 1k for them. Nor did they sell well at 860g each (7 for 6k). However, I got rid of them at 7 for 5k, or 710g each. If I am correct, you will be LUCKY to get 710g each for unid golds after this weekend. I predict a new low of 500-600g being established for unid golds after this weekend. So doing the math... I see this weekend as a big loser for lockpick runners and high end key runners. Maybe break even for low end chests.
Oh, and to the poster who questioned whether I was high in a previous post... only my gold coin is at an all time high as I had to start using a second account to store it. However, it is pretty clear that the GW economy is permanently broken with gold coin deflation and gold item inflation = no one has as much money as before and the gold skinned items are so common they aren't worth anything anyways. I have come to the conclusion that the people at ANET were either:
1) stupid and didn't realize what hard mode and coin nerfing would do
2) brilliant and decided to make GW1 a worthless trading economy so that people and the millions of chinese bot accounts they will be selling (Gaile's 10% est. of all accounts sold is mind blowing!) will move to GW2 next year
So, yes, I will have fun this weekend and enjoy a few more gold drops from chests that I trip over. But I am not going to run chests. I still say it is a money loser in today's gold item saturated economy.