ALERT: Ore Prices On The Way Up

As of yesterday I noticed tremendous increases in ore prices.

Gazzurdite had orders topping 121% for the first time in over a month I am guessing,
Cobalt at 128%,
Blausariam back at 108%,

I think in general prices are going up accross the board. I think we will see a general increase in prices over the next few weeks.

However... Some ores still remain bargain priced... Adomasite is TT food for the most part and it used to trade between 200 and 300 percent... Maganite is 200% and it used to trade at over 500%, I have even sold it at 800% once. Kanerium seems to be holding steady at 200%. All of the rare ores are generally bargains right now.

If you havn't bothered mining recently, I advise you to look at the markups... I just go by the orders, because for me I can judge quickly whether or not the market is better or worse. AH prices will always be higher than orders, but the orders tell me what the big crafters are willing to pay.

It is important to try to hit higher markup ores, because I strongly feel all of Entropia is based on a Percentage return of their TT value take. Evidence of this comes when you track all of your TT returns from mining, hunting, crafting, and pit them against what you spent to do the run with markup cost of the run. Without markup, over the long run, I believe you are going to be a net loser... But the main prevailing theory here is, the more skills you have, the more rare and higher markup ores you will find as a percentage of your total results, the higher your profit margins will become.