Several bloggers predicted it, a large drop in the raw gem value as 3.3.3 happened due to honor changes (anaaliusgoldhunt, but others too).
I have noticed a small reduction in prices recently on most gems - with a noticable absence of Eye of Zul. From this I assume that the majority of gems are coming from a non-random source - which suggests either (A) the number of alchemists have exploded, or (B and more likely) PVP'ers are trading in honor. I will have to specifically check the cost of PVP cuts.
Now I am not a toon that keeps a lot (by goblin standards) of gold on hand - my primary banker had 15k.
But tonight - the cost of gems have plummeted. Cardinal Rubies (normally selling uncut ~185g) have been offered in trade - in bulk - for 130g each. Similar prices have been offered on other uncut gems - Dreadstone 70g (vs 135g normally)., but still only a few Eye of Zul. AH prices are still 'depressed' being the 165g for a Cardinal ruby, and only in small quantities , but not the crazy prices in trade.
This makes me regret not having more 'liquid' gold on my bankers.
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Arizona Chess
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[image: Sometimes, you have to sacrifice pieces to gain the advantage.
Sometimes, to advance ... you have to fall back.]
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