How To Make Gold In WoW MoP (5,000 Spirit of Harmony)

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How Much Should I Spend?
First of all, I recommend having an Addon for the Auction House. I prefer Auctioneer, though the Addon you use is ultimately up to you. Having this will allow you see current market conditions before you buy. For instance, when the Addon tells you the ore is selling at 280% of market value, that would not be the prime time to buy. Check the Auction House often and you will find deals. Example: Currently on my server Elementium Ore sells at its peak for about 75g. I tend to not buy ore unless it's 50g or less. Hence, at a discount. Make sure you're investigating prices before you dig in or it is very likely you will find yourself losing gold instead of making it.

Lastly, you could farm the ore yourself but in most cases you'll be spending so much time farming the ore, you will get burnt out. In order to be effective and make gold quickly, simply buy the ore. You will make your money back ten-fold if you stick to it.

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How To Make Gold In WoW MoP (5,000 Spirit of Harmony)