Well it looks like we made to 5.2. If you did not get your Ghost Iron ore or the bars by either farming and smelting (or by buying them from the Auction House) then you will have to do so soon. If you don’t then you might miss the boat. Like i said in the podcast last week: I expect the prices to go up by tomorrow IF they are not already up to 5.0 levels. It will be very interesting to see how long these prices will stay up. In some realms i suspect that they will be up for a day, in others a week, and in others a few weeks. This will be by demand only.
It will be done by Blacksmiths only. I think it will be done by level 85-90 characters. That SHOULD have a small impact on the lesser mats for Blacksmithing for people that are leveling their characters at the same time. But if the prices do drop on those mats, then it may be a good idea to flip those prices too. Do that at your own risk, however, if you feel that it is worth it.