Do not attempt to "raise gold prices"

[Elmo]

It simply will not work and I for one will -always- sell based on the current going rate. It is called supply and demand for a reason.

I'm not sure why anyone here keeps suggesting we attempt to create a monopoly, that would be like gas stores all agreeing to sell gas for $10+/gallon - very immoral and very illegal.

/end rant

 

[Cem]

the ah does not follow market economics, it tries to sell at a cheaper price every time. You are however correct, we can't raise it.

 

[Elmo]

the ah does not follow market economics, it tries to sell at a cheaper price every time. You are however correct, we can't raise it.

The AH does follow "market economics" just because it will always suggest you sell for a lower than the current going rate doesn't mean it doesn't. This is very typical.

 

[mephuser1000]

the ah does not follow market economics, it tries to sell at a cheaper price every time. You are however correct, we can't raise it.

The AH does follow "market economics" just because it will always suggest you sell for a lower than the current going rate doesn't mean it doesn't. This is very typical.

Elmo is correct. China-operated Gold Farmers/Sellers have a cost-advantage which allows them to have a monopoly and to dump possibly a transfinite amount of gold at rock-bottom prices, which should effectively bankrupt us if the price is below our average cost.

 

[smurg]

Elmo is correct. China-operated Gold Farmers/Sellers have a cost-advantage which allows them to have a monopoly and to dump possibly a transfinite amount of gold at rock-bottom prices, which should effectively bankrupt us if the price is below our average cost.

They see me trolling, they hating.

 

[Elmo]

They see me trolling, they hating.

[video=youtube;CtwJvgPJ9xw]http://www.youtube.com/watch?v=CtwJvgPJ9xw[/video]