I have bought over 100g worth of leather on my trading account (thats +113k pieces of leather). Thankfully due to the TP storage, I don’t have any opportunity costs to worry about other than the lack of 100g to invest in other items.
The price rise on silk has made me very interested in the long-term prospects of leather.
Yes, silk rose because of it’s use in ascended crafting, while leather didn’t go up as high as expected.
But that doesn’t close the opportunity that in the future leather can be used in some very key recipes in the future. You never know what they can come up with.
They could use it in precursor crafting, legendary accessory components, mystic forge conduits or other new, desirable items. All the anet content team needs to do is go to John Smith and ask him for some suggestions. John Smith could say, “You could use globs, t6 mats and other components to add some value to craft [content]. But I think we can also use this as an opportunity to add some value to leather in the game”
I think John Smith has made it clear now that he is looking at items that are undervalued and could use a boost. The risk is very minimal while the chance at profit is very, very high.
I should make a word of warning, however, to those who may think of speculating leather. Unless you have a second account that you’re willing to bank things in the TP pick-up tab, it is not a worthy investment due to space issues.
I think investing in gems/orbs is something you could consider instead [self-disclosure, I have massive investments in those]
