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3 Month Study of Novus Sector Economy: The Results

March 2nd, 2009 by Bioland

For those of you who have been following along, I’ve been collecting the daily economic trends of the Novus Sector Server.  Every day at 9:30 am PST (USA), I’ve logged in, checked the tax and exchange rate, and then calculated the value of selling gold vs buying gold.

Here are the results of my finding:

Selling Gold

Buying Gold

As you can tell from the charts, it’s never a good time to purchase gold, as it’s value is always much higher than what you’d get from selling it.

It appears that the formulas used by the server for calculating the value are as follows:

  • Selling gold: Service Fee + (Exchange Rate – (Tax Rate * Exchange Rate))
  • Buying gold: Service Fee – (Exchange Rate + (Tax Rate * Exchange Rate))

It’s the transposition of the ± symbols in the (Exchange Rate + (Tax Rate * Exchange Rate) part of the formula that make it impossible to make money by playing the market.