Gold bar market discussion

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Re: Gold bar market discussion

Postby Captain Jack » Mon Oct 16, 2017 11:07 am

Stan Rogers wrote:When GB is manufactured, production is automatically stored in the GS vault up to a pre-set level and then storage transfers to the warehouse in the port which the GS is located.
What happens to gold bars when the main warehouse gets full ? GS stops running? GB are produced but lost ?
Have looked for the answer but forgive me, I'm not good with the search feature of the forum


There seems to be an issue here as Goldsmith may store above warehouse capacity. We will check this now and I will provide you feedback.
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Re: Gold bar market discussion

Postby Captain Jack » Mon Oct 16, 2017 11:21 am

Indeed, this has been verified. If your goldsmith reserves are out, then the gold bars will be stored in your warehouse, even if it is full. However, it is impossible that your warehouse will be full as your goldsmith always consumes more resources than the gold bars it creates. Therefore, it always ends up with more space.

So nothing to tweak here. Your question is impossible to happen.
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Re: Gold bar market discussion

Postby Stan Rogers » Mon Oct 16, 2017 1:01 pm

Thanks for the verification CJ. Glad you run a sim so I don't have to. The numbers must get very tight if running more supplies than the GS needs to operate or warehouse has considerable resources that the GS does not use for production
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Re: Gold bar market discussion

Postby PhoenixKnight » Mon Oct 16, 2017 1:21 pm

Question CJ. If you move the Hideout, does the gold bar reserves move with you as well or stay in the port? Same to the goldbars in the warehouse?

Let's say, I want to sell 100K gold bars. I transfer them to warehouse, relocate my hideout for the 100 credits. Can I immediately sell them and transfer my hideout back to the port for another 100 credits without restrictions?
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Re: Gold bar market discussion

Postby Most Lee Harmless » Mon Oct 16, 2017 1:30 pm

If they are in the GS storage area, they travel with the hideout : you need to transfer them to your port warehouse first if you want to leave them behind.
Hideout transfer costs 100 cr ( first move is still 50cr, I believe) : there is no apparent limit or timebar on multiple moves, just the cost.

As a mind exercise, its cute : in reality, selling 100k bars would push the price far below the minimum making price of a lvl20 GS : depending on pre-existing port stock, you could start making big losses very soon into the process : add in the 40mil gc worth of credits needed and the sums dont ad dup to justify the messing about. IMO.
-1 : Move to archive.
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Re: Gold bar market discussion

Postby PhoenixKnight » Mon Oct 16, 2017 1:39 pm

So hypothetically speaking, you can sel 100K gold bars in an instant and gain over 150 million
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Re: Gold bar market discussion

Postby Most Lee Harmless » Mon Oct 16, 2017 2:03 pm

I foudn this is a post by Shadowood :

Gold Bars

-A Gold Bar is a resource produced only by players.
-A goldsmith is required to produce gold bars.
-Gold Bars are a required resource for many advanced constructions in Avonmora.
-Gold Bars can be sold in the Market.

Market Price

-Gold Bars market price price is based on Supply and Demand.
-It changes dynamically in every 25 crates sold based on this formula:
Gold Bars Price = -0.01 * Market Stock + 3000

-A market fee is also applied to the price. The current market fee is 2.75%. This fee is calculated as shown below:
Market Price = Gold Bars Price * 0.9725 for the market buying price.
Market Price = Gold Bars Price * 1.0275 for the market selling price.
Market price fee is calculated dynamically per 25 crates.

-Duke bonuses of 2% is applied on sales.
-There might be a voodoo bonus of up to 2.5% on sales from East Indian Company cards (Dutch, English and Spanish).
The bonuses are applied as shown below:
Final Price = Market Price + (Gold Bars Price * Duke Bonus) + (Gold Bars Price * EIC bonus)
Bonuses are applied on the final price and are not calculated per 25 crates.


Markets will always pay at LEAST 750 gold coins for a Gold Bars crate.

The nation that holds the port, earns 0.75% on every Gold Bar crate sale.
Warehouse Tycoon can play a great role in Gold Bars trading (up to 2.5% discount on manual purchases).


So, a 100k bar sale will probably push the price way way down : but even if you got 150mil... thats only breaking even as with a GS20, your making price is just over 1500 per bar. Add in your 200 credits moving cost and its a major loss.
-1 : Move to archive.
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Re: Gold bar market discussion

Postby Shadowood » Mon Oct 16, 2017 4:14 pm

PhoenixKnight wrote:Question CJ. If you move the Hideout, does the gold bar reserves move with you as well or stay in the port? Same to the goldbars in the warehouse?

Let's say, I want to sell 100K gold bars. I transfer them to warehouse, relocate my hideout for the 100 credits. Can I immediately sell them and transfer my hideout back to the port for another 100 credits without restrictions?


Yes you can do this. I would not recommend selling all of them as it would tank the market in that port, but yes this works.
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Re: Gold bar market discussion

Postby Captain Jack » Mon Oct 16, 2017 4:18 pm

All answers given by Danik and Shadowood are correct. Now, you should all read the Port Blockades post

A better place to ask questions are the Help forums.
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