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GOM prices still stable
Ace Cassidy
Resident Bohemian
Join date: 5 Apr 2004
Posts: 1,228
10-20-2004 08:20
With the grid is down, and all the forum posts read, I found myself meandering over to the Leader board.

Zeppi (aka GOM) has had an influx of over L$600K this week, and IGE continues to dramatically tone down their buying, yet the price of L$ on GOM remains relatively stable.

I'm not sure what this means about the value of the L$, or whether this will continue, but it is an interesting tidbit.

- Ace
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Wendy Hamilton
Registered User
Join date: 30 Dec 2003
Posts: 2
11-10-2004 16:11
Why does IGE charge more to buy then GOM?
$103.00 for 20k (IGE) $80.00 for 20k (GOM)
Adam Zaius
Deus
Join date: 9 Jan 2004
Posts: 1,483
11-10-2004 16:31
From: Wendy Hamilton
Why does IGE charge more to buy then GOM?
$103.00 for 20k (IGE) $80.00 for 20k (GOM)


IGE act more like a bank than a market. GOM, the price is set by demand, whereas IGE set the exchange price themselves.

-Adam
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