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Cakzad Arcashiri
Arcashiri Family
58
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Posted - 2015.05.01 01:05:31 -
[1] - Quote
I have been studying the market during my free time, on those long travels through space where you really don't have anything to do.
By what I can tell, mining is dead, especially in Amarrian Space. The fields are looted, and the one's that aren't are patrolled by pirates and Seekers. More and more pilots are turning to combat, and looted wrecks can't support the massive market we have in the Cluster.
Mining is becoming less profitable, and let's admit it, SKINs disrupted the market. Hundreds of people are throwing themselves at Drifters, causing there to be less and less resources and ships available.
Furthermore is the hiking amount of Capital ships present, and the destruction of said ships.
And please, before Diana Kim or someone else decides to turn this into a ethical discussion, don't, just don't. |
Deitra Vess
Scope Works
332
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Posted - 2015.05.01 01:17:26 -
[2] - Quote
Wouldn't the destruction of these ships increase your revenue? supply and demand and all that? I would think a trader would love idiots like myself losing ships left and right... |
Cakzad Arcashiri
Arcashiri Family
58
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Posted - 2015.05.01 01:24:01 -
[3] - Quote
I was referring more to the fact that ships are being destroyed much more often then in the past within "Empire Space", and the inability to support this construction. It is not very noticeable now, but I fear it may be soon. |
Markus Error
Her Majesty's Crown Corporation
32
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Posted - 2015.05.01 13:04:23 -
[4] - Quote
If mining becomes less common, resources become more costly, and by extension, so does just about everything else.
I forsee unpleasantness in the future.
Pator IV - Moon 6 - School of Hard Knocks
Prof. Markus 'Error' Sierra, Cynicism Deptartment
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Karmilla Strife
Pyre Falcon Defence and Security Multicultural F1 Brigade
296
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Posted - 2015.05.01 13:16:22 -
[5] - Quote
Pilot Arcashiri, in your short time amongst us you have proven yourself to be incredibly alarmist. Perhaps your study of the market should broaden to include the term "inflation". |
Ria Nieyli
Nieyli Enterprises
33867
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Posted - 2015.05.01 14:14:20 -
[6] - Quote
Mining has never been as profitable as it is right now. Please refrain from further market anlysis, pilot Arkashiri.
Why do bad threads happen to good people?
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Rhiannon Dellacorte
Repracor Industries
147
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Posted - 2015.05.01 14:20:43 -
[7] - Quote
If the prices are up due to scarcity, then mineral prices will climb and make mining more profitable. Then more people will mine, and the prices will come back down. The market will correct itself.
So, you know. Maybe wait for your Trade skillbook to finish before you start panicking.
Rules of Acquisition #261
A wealthy man can afford anything except a conscience.
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Terminus Antollare
Federal Logistics Initiative Conglomerate United Interests
2
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Posted - 2015.05.02 03:51:37 -
[8] - Quote
With all these ships being destroyed they are going to have to get the resources to make more somewhere, right? It's the natural ebb and flow of the market. |
Quattras Peione
SUPREME MATHEMATICS A Band Apart.
84
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Posted - 2015.05.02 05:50:31 -
[9] - Quote
As Ms. Dellacorte stated, as more ships get destroyed and the demand for replacements remains, the prices of minerals will rise, making mining profitable for those who choose to pursue such a venture (mild pun unintended). The influx of minerals from the increased mining activity will in turn cap those prices. Calm yourself, pilot. This is how the market works. |
Able Citizen
Bene Gesserit ChapterHouse Sanctuary Pact
3
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Posted - 2015.05.02 16:36:56 -
[10] - Quote
"The Market" is much, much more than minerals and ores, my friend. Savvy traders and explorers know that all too well. I reiterate the need to refrain from any alarmist concerns.
For those that keep their resources liquid, any temporary fluctuations can be weathered. Cash is still king.
To the main point: a colleague of mine recently moved to Solitude to continue her mining and industrial career. She is doing quite well in that isolated region. I would doubt the conclusions drawn by naysayers. |
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Pieter Tuulinen
Pyre Falcon Defence and Security Multicultural F1 Brigade
4765
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Posted - 2015.05.03 10:00:24 -
[11] - Quote
All it will really do is ratchet the risk part of the risk/reward equation. Expect to see those who usually fly Battleships in cruiser fleets for awhile. Nothing serious - certainly not in my theater of war.
"You let one of them go, but that's nothing new is it? Every now and then a little victim is allowed to escape; because she smiled, because he's got freckles, because they begged. And that's how you live with yourself. That's how you slaughter millions."
"Only a killer would know that..."
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James Syagrius
Reclamation Technologies
988
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Posted - 2015.05.03 21:36:39 -
[12] - Quote
Cakzad Arcashiri wrote:I have been studying the market...... Msr. Arcashiri, I take the occasional passing interest in the market.
You may be at peaceGǪ all is well.
GÇ£Here also are the heralds of his praise."
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