Gold price discussion

[clanffs]

5 hours ago, Easy Money said:

I doubt pvp is the problem. So many items come into the game vs going out, the way to fix prices is the old death mechanics but then ppl quit when they die so it's kind of a double edge sword.

Game has become a fucking joke tbh, too many dribbling retards getting boners over 2k zulrah kc. 2 min death timer or AT MINIMUM a 'reclaim fee' that's based on 10% of wealth that should've been lost. 

[caketeaparty]

Gold prices are directly tied to the price of bonds and almost nothing else.

The lower the price of a bond on OSRS, the more gp is worth. Bonds basically set a price cap on gold, because they can be bought and sold in game for gold legitimately (that was the intention of them). If you look at historical gold prices and compare it with bond prices, the correlation is evident. Since Bonds are hovering around 3.8-4m, 1m is currently worth 0.60 to gold sellers, but as the price of a bond bounces back to 3m, like it did in January of this year, it will be worth ~30% more around .75-.80

If you got a group of players together to continuously undercut bond prices, you could control the gold market but it might take tens of bills. 

GP inflation is a factor, but only a minor one. Twitch primes and membership promos are usually what drive the price of bonds up or down, BUT are actually beneficial and more profitable if you know what you're doing and can keep accounts alive.

Edited May 29, 2019 by caketeaparty

[Space]

I was actually considering buying 250-300m only for the simple reason that I can't remember the last time GP being as low as 0.55 (GBP) The last time I bought GP I believe it was like $1.12 p/m or I was just ripped off massively. But gp prices seem to be far too low at the minute. GP inflation isn't as bad as Rs3 and especially when you consider the amount of gold being taken out of the game by the sand casino amongst other things, you would think it would have some sort of effect on the price. Would the twisted bow glitch amongst other things have caused this price to be so cheap or do you believe it's just pure inflation?