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Following my recent success in predicting the monetary market and wider economy thus far in a little trial I did, I've decided I should do these articles weekly to allow the eUK as a whole to take full advantage of the ever-changing eRepublik economy.

Market Place

Food Prices - Will stagnate, most likely for the foreseeable future.
WRM - This week they'll remain at 0.07, but this may change in the new year. I'll continue to monitor the factors affecting these prices
FRM - This week you'll no doubt find a lot of sellers attempting to sell their FRM for 0.01, there's no influx of new companies and people have tried to monetize on the rise in prices to 0.03 not too long ago.
Weapons - Q1 may rise slightly as everybody is beginning to upgrade their companies, Q2, 3 and 4 will suffer a slight drop. Q6 is very volatile right now, and if the eUK gets in to war we could see the prices rise as much as 35%. (A potential investment opportunity here) Q7 will be stagnant unless we're invaded in the very short term future, in which case they'll increase 5-15%.

Monetary Market

My recent projections that the cost of gold will rise significantly over the next 1-2 months seem to have been largely correct. The prices have been going up 20% every day for about 86 hours now.

Prices will peak this weekend at around 515GBP. It's possible they'll reach at much as 580GBP in the next 7 days, but there are many factors which can change this:

-If a gold promotion is started in the next week, prices will drop about 35%
-If any of the 'X% off upgrades', or energy bar/bazooka promotions arise, prices may reach as high as 630GBP this week
-If there's a significant change of events in the Balkans or South America, prices could be inflated by a further 15% on top of my predictions

Job Market

The job market will continue to fluctuate between 30 and 40GBP. There's very little competition for employees right now. The eUK is currently amongst the lower end of wages, so it may be good to seek work elsewhere.

Manufacturing Output

Output slowly rises every day in eRepublik, but in the eUK, we can expect it to stagnate. Many people are dissolving their companies to take advantage of the sudden change in the monetary market. Output across the eWorld could change by around -0.3% to 0.3% depending again on wars in the Balkans and South America.

Tax Revenue

Income Tax: This will fall quite significantly for a number of reasons:
-People moving to Europe for higher paying jobs
-A sharp increase in communes in the last 14 days is seeing employees work for free
-General fall of population meaning there's a weaker workforce
-Falling prices means companies are potentially seeing a minimal profit margin, meaning they're not hiring anybody and there's less people to collect income tax from

VAT: This too will fall. Largely for similar reasons:
-The recent rise of communes means people aren't buying as much off the market
-The MoD recently beginning to give out tanks means up to 5GBP per person who votes is lost every day, equating to about 13,000 GBP per month lost in VAT, unless these weapons were initially bought of the market at full price in the first case.
-Lack of war means weapon and food sales are at an all time low, this means there's a very sharp fall in economic activity, which directly relates to the receipt of VAT.

Overall: I wouldn't at all be surprised if tax revenues fell by up to 15% on last month. This is largely down to external factors, and the only way it can be fixed is if a large, full scale invasion of the eUK took place or we went all out for our allies.

If new missions came out, then tax receipts could go up 50% for this month, as there would be a major catalyst for economic activity. As it stands however, very little except from an invasion can fix us this month.


This Week's Hot Investments:

Q6 weapons - If there's a war, the cost of Q6 weapons could increase quite a bit, as I mentioned above.
Gold - Up to 250 gold is selling every hour when I've been watching the monetary market, prices are extremely attractive right now. Last week as, in my opinion, the very latest to invest successfully. Today however should be the absolute deadline to buy gold, and you should sell it by Thursday to avoid being hit negatively by other factors.




Thanks for reading! Come back next Saturday for the next article on my financial projections. Votes and subscriptions are largely appreciated! 😃