Essentially, Captain Chaos has already said what I was going to say.

At least on my server, this would have been really bad advice. Dust prices and especially essence prices tanked to fractions of their previous levels and are apparently not done yet with their drop. The flood of 68-70 greens is so big that the market price of essences is already far below vendor value (for weapons that disenchant into them, obviously). The vendor prices essentially are the only thing stopping the prices to tank much further, but with people not considering this widely, it will be a long time until market values stabilize above vendor values.

For reference, essences used to sell at 6g+ - 7g was possible on high demand days and now are hovering at roughly ~3.80 market value (as determined by auctioneer with scans multiple times a day) and MBOs of 3.50 and less.

With all the green daily rewards I get, I generally end up with 1-2 stacks of both Essences and Dust. With all these enchanters making all these mats, the market is being flooded, at least on my server. While this might make it a good time to buy, I doubt the increase in demand from the anvil is going to make up for the vast increase in supply. Prices will probably go up, but not necessarily enough to make the profit margins worthwhile. Of course, there isn’t a deposit on enchanting materials, so there’s really not much risk involved, either.

Of course, this only applies to dust and essences. Since greens don’t (or vary rarely, anyway) de into shards, I’d expect your predicted boom in demand to be much more effective in this part of the market.

e.g. 1 piece of Arcane dust went form 1g5s to 70s.

I bought stack of it and waiting for better times, lol.

I am shooting for Exaulted(will happen tomorrow) with SSO and doing all the daily quests available on my realm. Which includes the daily gathering quest. My main is a herb/alch so I am picking flowers like mad. After about a week, I have SOOOOOO many herbs in my bank.

Last night I spent 60g in Imbued Vials alone just to make all the elixers that I had mats for in my week worth of doing this quest.

I then sit in Shatt at the Alch table making potions and exilirs and putting them on the AH in IF.

So far I have made near 1000g just as an extra side note of doing these dailies.

And more over, I am not going out past getting the 8 items needed for the quest….sure if I see a dot on the map on the way back to Shatt I will pick it, but I am not spending hours farming to do this. I spend about 20 minutes on the quest a day and then sell the potions at the end of the week.

http://www.gorgonnash.info/index.html

You can see progress of US or EU realms here and its a lot more reliable than someone posting on the forum.

stars of elune, noble topaz, and living rubies go fast. Dawnstones go a little less quickly, but I’m still selling about 2-3 brilliant a day at a 150% markup.

As a long term enchanter, make it easy for people to buy your mats off the AH. Look at the popular enchants and the quantities required and post stacks of that quantity. I find stacks of 12 Arcane dust can sell faster (and a little higher) than stacks of 20 as people want to buy the exact mats for an enchant and no spares.

I’ve done the same in tailoring and list my shadowcloth in 6’s and will be doing so in 12’s in anticipation of the new Tailoring patterns