Major Gold with Ghost Iron Ore

Those that did the Ore Shuffle in Cata will know this routine well, but if you did not do it or did not about it then you must read on...

There are many ways to make tons of gold in WoW, but the Ore Shuffle is one of my favorite and has HUGE payoff potentials.  As with anything I post here, research your server before diving in too deep!  So what is the shuffle?

On my server, Ghost Iron Ore is going for an average of 6g each or about 120g per stack.  I like to buy it whenever it falls below 5g ea or 100g a stack but the shuffle works fine even at 150g per stack. The following results are based on 100 stacks of Ghost Iron Ore and are my actual numbers:

Ghost Iron Ore Stacks to Prospect: 100 Price Per Stack: 150 Profit: 22,722 Profit % 151% Results of Prospecting Material Type % Qty Price Value Sparkling Shard Makes Serpent's Eye 119% 474 9        4,266 Pandarian Garnet Red Gem 23% 93 10           930 Alexandrite Green Gem 23% 93 3           279 Lapis Lazuli Blue Gem 28% 110 3           330 Roguestone Purple Gem 27% 106 5           530 Sunstone Yellow Gem 24% 94 3           282 Tiger Opal Orange Gem 27% 106 5           530 Primordial Ruby Red Gem 4% 16 225        8,000 River's Heart Blue Gem 5% 21 150        3,150 Sun's Radiance Yellow Gem 5% 18 185        4,950 Vermilion Onyx Orange Gem 4% 17 225        3,825 Wild Jade Green Gem 4% 15 300        2,250 Imperial Amethyst Purple Gem 5% 21 225        8,400
My outlay of about 15,000 gold returned all 15k gold PLUS a profit of $22,722!!!
These numbers are only the HALF of it though.  You could stop here and walk away with a tidy profit, or you can take it even further with your Jewelcrafter and Enchanter.  Instead of selling the uncommon quality gems, use them by making rings or necklaces.  These are iLvl 384 and worthless.  Send them to the Enchanter and disenchant them into enchanting materials.  From here, you can either sell the materials for profit OR make enchants and sell those in the AH.
When you make the rings/necklaces, you will get a proc for a rare item instead of the uncommon item.  These will sell in the AH and can net you about 500 gold each.
By crafting these and selling the rare quality rings/necklaces (rings seem to sell faster but necklaces go for more) I was able to net about 5k gold instead of the 1k for selling them.  Then by disenchanting the uncommon rings I was able to generate another 5k in enchant sales!  So 1k in materials returned me another 10k total!
Next step, craft the iLvl 450 rings and necklaces which mostly use the rare gems.  These can double your profits, but patience will be key as there are a lot of competitors in this market.  Using half of the rare gems, I was able to earn another 30k.
Bottom line:  I invested 15k and was able to turn this into 62k.  Not bad eh?