Step 3: Transactions

Bought 200 Death runes for 57,600gp (288gp/rune).

Bought 2000 Rune Essence for  38,000gp (19gp/rune).

Bought 1500 Salmon for 40,500gp (27gp/fish).

Now just wait.    Yikes.  Mining has been busy that last time I checked, so fishing might be fun.  Just kidding, all of the fish have taken a big hit.  Not a good sign for the fishing industry.  I guess I'll be in the mines, working.

An interesting idea that might be quite profitable is looking to trade with people in the mines of giving out notes for ores, or above or at the current market price in the mines.  Could be profitable for a bullish item.

See ya in the mines.

Step 2: Testing the waters

Now what should I sell, what should I keep, and what should I buy more off?  To determine that, I'm going to use the graphs and the numbers coming from the runescape website under the Grand Exchange.  Its pretty simple, easy to use, and well, it has everything I need.

Gold Ore: BUY
Mithril ore: BUY
Coal: Possible SELL
Tin ore: WATCH, over a 180 day deep decline
Fire rune: WATCH, BUY at 2gp, sell at 4gp or more
Mind rune: Level, No go.
Water rune:  Rebounding, HOLD - BUY
Earth rune: BUY
Death rune: Dynamic - BUY
Cosmic rune: Dynamic - SELL
Body rune: Level, No go.
Rune Ess: BUY
Law rune: BUY
Nature rune: Taking a dive, WATCH
Air rune: Not an active mover, WATCH
Chaos rune: Last 180 day average has a normal distribution, Currently low and active.  BUY
Salmon: Had a huge peak in beginning of May, and now returned to normal.  This might be interesting to buy now to see if it can reach that peak price again.  BUY
Bait: It did reach a peak back in May also, but it is quite stable as of now.  WATCH - BUY
Gold Bars: Currently on the up of a steep peak.  SELL
Steel bars: BUY
Iron: has taken a steady decline for at least 180 days.  BUY
Emerald: Probably at rock bottom.  BUY
Sapphire: Leveling out after a decline.  BUY
Ruby: Bottom of decline.  BUY
Rune Scimmy: A no go.  Totally leveled off to nearly half of what it once was.  


Whew, glad thats over.  Now, lets do some transactions!

Start of Runescape Grand Exchange Watch list

To Start my grand exchange investing plan, I am using the following supplies already acquired for my path to riches:
136,733 gp
Gold ore: 17
Mithril ore: 30
Coal:139
Tin ore: 28
Fire rune: 1936
Mine rune: 992
Water rune: 145
Earth rune: 157
Death rune: 8
Cosmic rune: 2
Body rune: 87
Rune Ess: 2625
Law rune: 94
Nature rune: 126
Air rune: 241
Chaos rune: 3
Salmon: 54
Bait: 972
Gold Bars: 58
Steel bars: 13
Iron: 1
Emerald: 1
Sapphire: 6
Ruby: 1
Rune Scimmy: 2