With so many changes coming to the Old World due to the Cataclysm it is going to take a while to figure out where the best farming spots in Azeroth are likely to be. One thing that you can always count on is that lowbie materials are going to sell well for the two new races. This means you are still going to make good gold on all of the cloth you can gather, along with ore and herbs.
While so many people honestly still think that farming for high level herbs and ore is the only way to earn the gold they seek, this simply isn't so. Even after the Cataclysm the best places to farm for gold are going to be the low to mid-level dungeons in the old world as they drop tons of cloth and blues you can vendor off. This still is not going to really make you rich by any means, but it will put money in your bank.
For the first few weeks and maybe months you are going to find that places like Sholazar Basin and Ice Crown will continue to dominate in the old zones for farming as the number of people who suddenly find the need to level up their professions always increases exponentially after an expansion. I remember when Wrath of the Lich King came out and Khorium ore sold for several hundred gold per stack faster than you could put in the auction house.
With all of the new ores and herbs that are being farmed all over the new zones, and from what I have seen so far they are scattered fairly well throughout the new zones, these are selling for premiums in the Auction House. However, during the first few weeks you will find the best farming spots in all of the zones are still going to be in Nothrend where you will be able to farm for Frostweave in the Borean Tundra, Saronite and Titanium in Sholazar Basin and herbs in Ice Crown and Storm Peaks.
I realize that these areas are not strictly in Azeroth, but if you want to bank gold in the first few weeks, you will find that these raw materials are going to be selling at unheard of prices. One final superb farming spot is the Auction House itself. As you watch the prices you can buy out certain materials at lower prices and then turn around and relist them at higher prices making a fast turnaround profit.
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