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Buying and selling gold in the commodity market has been an age old practice and it has made many millionaires. Actually gold trading has been done since time immemorial and the golden metal never seems to have lost its sheen or money making capabilities. When commodity players make money trading in gold, their modus operandi is fairly simple buy when the prices are low and sell when the prices are high. But did you know that gold glitters not only in the real world but also in the virtual world? Yes, you heard it right not only are people making money through trading in gold in the commodities market but are also making it by trading virtual gold.

The ironic things is that just like the price of gold makes an impact on the real world economy the price of virtual gold impacts the economy of the virtual world. One of the reasons for the popularity of MMORPG’s like World of Warcraft is their spectacular world of make belief and fantasy coupled with a virtual economy. Goods are sold are bought for a set price paid in a set form of currency by the characters in the game. These goods can then be used to raise the level of the character in the game and to defeat other characters and computer generated opponents. In the world of War Craft this form of currency is gold. With the millions of registered players of the world of War craft across countries you can imagine that mining gold can be a lucrative option because most players are always on the lookout for gold to buy weapons, spells etc.

Now the modus operandi is quite simple you can gain gold by killing monsters or by acquiring valuable objects and this action is repeated over and over again to get gold. It is akin to the way we work repeatedly in the real world to make money.

Now the gold gained by a player can either be used to purchase higher weapons and equipments or it can be sold for a price to the other players. This is where the deal gets controversial because players are willing to pay real money for virtual gold.

Blizzard the distributor of the game can do little to actively control gold mining quite simply given the humongous number of players compared to the small number of game referees and guides it is almost impossible to combat such unscrupulous activities. However since real money is involved in such transactions most world of warcraft patrons concede that acts such as gold mining, gold selling and buying kill the spirit of the game. If a player is caught buying or selling gold, they are locked out from the character and may even have their account cancelled. But given the lure of money players still indulge in gold farming completely understanding the risks involved and use multiple accounts to do so switching between them as and when need be.

The Gaming community has conjured its own strategies to deal with the act of gold farming they quite simply kill the suspected gold farmer, in the virtual world needless to say. Many players together decide to take on a gold farming and with this objective in mind they may enter an area of the game notorious for gold farming and kill a gold farming sometimes there are casualties of this war so to speak in the form of erroneous killings but it does deter gold farmers.

As for World of Warcraft gold farming strategies, you will need at least two characters to do this. You can do it with just one character but it’s faster if you use two. Create one character and run him straight over to your faction’s main town where the auction house is. This will become your auction house mule. Then create your second character and level him up as fast as you can to get out of the starting zones and able to pick up a profession.

Now choose mining and herb gathering as your profession. These 2 professions will provide the fastest seed money for your auction house character. Once you are a high enough level to take a profession grab these two and forget all about leveling, killing creatures etc. the idea is now to just do mining and herb picking runs, and mail everything over to the auction house character who will turn this into the seed gold you need to jump start your bank roll.

The secret of gold farming lies in being different from the rest. Over 99% of players are earning gold the miserable way because they simply follow their peers’ bad advice without doing research. The 1% that does things differently are the ones hoarding all the gold and they will not tell you their tricks so easily. If you see a certain farming pattern which the majority is following, go and devise a completely different one and test it out. Once you have discovered the proper strategy, it is all yours to use, and you may even sell your strategy to others for money.

Yet, there are hundreds sand possibly even thousands of players from China who are making a living out of virtual gold farming. And you if you are also interested in it here is what you can do. Gold farming is either done by individual players or by a group of players. Either way gold can be collected by players in several ways you can either buy when the price s low just like trading in commodities in the real world. Now you cannot trade in gold directly so you will have to download the Auctioneer from auctioneeraddon.com, open and save the file in the WoW directory now add it to the WoW and go to the auction house you will see many items here. You are supposed to look for items such with min pct less=50, category restriction= trade goods max time left= very long and minimum quality= uncommon. . Items with high pct numbers implies that they are under priced you can buy these and then re list them for the average buyout price thus making some gold in the process.

Another way is to look for WoW area maps online that give a detailed visual depiction of mining veins. You will of course have to slay monsters and collect all things valuable which can then be sold for gold.

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