Plato gives, and Plato takes. New price set at 0.30.
Toothpaste
Article by Toothpaste
But when it comes to raw materials, Plato keeps us half-happy. We have seen players selling raw materials on the Swedish market for as low as 0.26 SEK as it was expected. But I can inform you that you don't have to go as low if you are only interested to sell off your daily production (and not trading). Cuz Plato does buy raw materials in masses at 0.30 SEK. 0.30 SEK seems to be set at some kind of safety line during this madness*. And raw materials is what most of players live of.
So: If you will put your price for raw materials at 0.30 SEK, Plato will buy around 400 to 500 units per hour from you. Meaning, if you are producing less than 12000 units of WRM and less than 12000 of FRM per day, you will be fine at the price of 0.30. (thx to Swedish community at the TSM MU for this investigation)
If you are producing more and need to sell the stuff to the players, you will have to compete with the price and probably go as low as 0.26 SEK. For now at least. But hopefully, when this gets read by most of the Swedish players, and we all start to cooperate, we can together raise the price back up to the standard price at 0.33, and re-active Platos hunger for weapons and food. And it has to happened ASAP.
* Madness = this economical madness was created earlier this week when Plato introduced the new Q2 training grounds for 20 gold each. Q2 TG a thing that you need to have if you want to compete with your military strength. So every player started to sell of his goods as fast as he could, resulting in massive price drop on the marketplace. For the earned money, people bought and are still buying gold that they are planning to use to upgrade their training facilities.
NOTE: This is still valid.
Comments
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I'm always buying tanks because i give alot away. market prices can go to hell. I buy bulk baby.
voted and subbed
@Rylde
This reminds me. The Swedish community have a list of players that are selling food and weapons by donation. That way you dont have to pay the VAT. It saves a lot of money both for those who buy a lot, but also for those that are new to the game. The link to all the names and prices: http://alturl.com/cvv87
meh if they want to make a sale they can come find me because there's a sale to be made and work to be done. I stockpile so i take the deals that land in my lap as they come.
I'm pretty sure that you will now get spammed by PM😒 from Swedish producers hehe (but its a good thing, you get the stuff you need, and they will start selling some of their goods)
Death to the bot! To much whining when prices drop.
"who owns like 30 Q6 factories and cant sell a singe weapon. Cuz yes, Plato has stopped buying finished goods (Food & Weapons) at the recommended price"
recommended price? cant sell a singe weapon?
cant sell a singe weapon at recommended price?
scandal!
bot works on more complex way as recomended price=bot price.
rec. price😕= bot price!!!!
@crvnazvezda
That is correct.
Toothpaste, what is your thoughts on the Swedish monetary market?
Some time ago, you recommended people to sell their gold on MM for around 1500-1550 (in order to buy it back when the price dropped again). I put 10g up for 1599 and was quite sure I wouldnt get it sold. Today all of it was sold and the gold currently cost over 1600 on MM. Analysis?
Soon, the gold price will fall again, and you'll be making around 300 SEK per gold bought.
@Gustav Horn
I remember that. But that was like 2 weeks ago. And shortly after that, the Gold price did drop to around 1220 SEK during 1 day. A good profit could be made. When trading on MM, you need to be checking out the market several times a day to not miss out on the sales.
I also did recommend people to sell their gold 4 days ago, here in this article: http://www.erepublik.com/en/article/cease-the-opportunity-milk-the-humanoids--1976306/1/20 I my self sold 50 gold for 1650. I'm happy. But I used the money to buy saltpeter mines.
And I believe that that rate will drop to around 1300 within 5-10 days. There might be complications though if Plato decided to launch another bonus program to close after the Q2-launch. But if they wait 15 days, the market will stabilize. The next bonus program is 44% cheaper upgrades and that usually drains the monetary market on gold. But I'm doubtful if people will be able to afford to buy more gold. The MM rate might not change drastically as it usually does at all.
I think that selling off all your gold today is a healthy approach.
Yes it was the article you linked to that I was reffering to. Has the price on gold dropped since then or has it kept rising?
I only have 13 gold left, and I am afraid if I sell it today, the price will keep rising, and I fear a scenario where I need gold and I dont have my own goldbuffert, forcing me to rebuy the gold at a net loss.
I cannot give you more opinions than already said really. The last decision is of course something that you will have to make on your own. But a hint maybe is to see how other known businessmen reacts on my articles and tips. If you see them changing habits towards my speculation, then it might be worth a risk to go the same path.
Numera har du bättre koll än mig när det gäller råvaror, MM, valutakurser och annat. Jag är inlåst och seg med det jag har.
Höja import skatten?
Voted
Regarding MM:
I have 1600 as cornerstone. When the gold price is above 1600 I'll sell my gold. While I'm waiting for the gold price to decrease I aways have an offer where I sell the Currency for gold.
In other words: Sell 1 gold for 1600 currency and then sell the currency for 1.6 gold.
A 60% profit.
Patience is the key...It takes time. I have managed to sell 10 gold for 17 500 and then 17 500 for 17.5 gold.
Thanks, you're really helping me make money off of foreign undercutters : ) As for buying and selling gold, I found in the UK that nobody ever wanted our currency! : /
@daniecox
You are welcome. Glad that I can be of help.
Swedens currency is a bit covet since lots of poles comes to Sweden to buy their mines and farms. Many of them choose to sell gold rather than crosstrade goods. Poland for Sweden is what bees are for flowers really - they keep our MM alive.