### **Boots of Subjugation Overview** The Boots of Subjugation are mid-tier magic footwear obtained as rare loot from K'ril Tsutsaroth in the God Wars Dungeon, released on **October 15, 2013**. These boots are part of the Subjugation set, offering magic bonuses with a prayer boost, often utilized as entry-level gear for magic-based combat or as a viable alternative for budget-focused PvMers. Despite their age, they remain a staple in the economy because they bridge the gap between cheap and high-end magic gear. Their rarity stems from the nature of God Wars Dungeon loot tables. They are not exceptionally rare but are subject to demand fluctuations based on PvM metas and player gold availability. --- ### **Price Analysis and Interpretation** Recent price data reveals significant volatility, reflecting the influence of both player-driven economy factors and game updates. Here's a breakdown of notable price trends: 1. **Mid-2023 Peak (23M-25M in August 2023)**: - Correlates directly with the **Necromancy skill update (08/07/2023)**, which increased demand for high-magic-combat gear as players explored the new combat style. This was compounded by speculative hoarding when max combat level was increased. - The inflated price (25M) likely followed general economic instability after July 2023 Red Portal exploits, reducing effective supply due to hoarding. 2. **Sudden Declines (10M in September 2023)**: - The backlash against **Hero Pass (09/05/2023)** demoralized the player base, reducing demand for PvM-related gear as activity temporarily dwindled. The post-patch price saw further decline as casual players left the game. 3. **Late 2023-2024 Crashes (4M-7M)**: - **Black Partyhat release (12/01/2023)** combined with Treasure Hunter gold injections (11/08/2023 and 04/10/2024) devalued GP, reducing purchasing power and causing prices of mid-tier items to crash. A broader player focus on rares (like the Black Partyhat) shifted demand away from default economic staples, including gear like Subjugation boots. - **Combat Update (03/04/2024)** likely saw increased experimentation with higher-tier gear, while generational wealth gaps widened with the continuing introduction of duped or injected GP (April 2024 Easter Pet dupes, Treasure Hunter GP, etc.). --- ### **Future Price Prediction** Given historical trends tied to demand spikes (game updates) and GP inflation, the item’s price is expected to take this trajectory over the next 4–6 months: 1. **Short-term (Q2 2024)**: - **Predicted Price Range: 3.5M–5M.** - The residual impact of the **April GP injection and max cash exploit (05/15/2024)** will sustain current lows. Demand may stabilize if Jagex implements stricter fixes or a money sink in this window (e.g., boss reward scaling updates announced). 2. **Medium-term (Q3 2024)**: - **Predicted Price Range: 5M–8M.** - The release of the **Sanctum of Rebirth (07/22/2024)** dungeon could create a resurgence in mid-tier gear demand as players engage with PvM content. However, unless the dungeon's difficulty encourages lower-cost participant gear, boots' demand shift could remain conservative. 3. **Volatility Factors**: - An anticipated economy reset event or gold sink could suddenly spike prices, especially if materials for crafting or upgrading existing mid-tier gear gain prominence. Seasonal updates or misleading treasure rewards can also challenge accurate predictions. --- ### **Flipping Margins** Boots of Subjugation offer slim, consistent margins during periods of low volatility and impressive short-term flips following significant updates or unpredictable crashes. Here's a breakdown of potential flipping strategies: 1. **Low-volatility conditions (e.g., post-April 2024)**: - Margins of **500k–1M per trade** are reasonable for active buyers due to high volume supply from GWD farmers. Ensure you're buying during peak hours and selling during player surges (weekends or post-Treasure Hunter events). 2. **High-volatility conditions during updates**: - Margins of **1M–3M per trade** available, primarily capitalizing on newly awakened demand spikes (e.g., gear trials during Necromancy combat patch). Focus on speculative purchases even if short-term holds are required. *Tip: Avoid holding for too long during artificial inflation (e.g., GP dumps from dupes). Immediate flips post-purchase mitigate the risk of drastic post-market correction losses.* --- ### **Similar Items for Investment** To diversify investments and minimize risk, consider the following similar items: 1. **Gloves of Subjugation**: - Comparable rarity, demand, and synergy with Boots of Subjugation in entry-tier PvM setups. Prices often track each other due to set bonuses. - Slightly smaller margins (300k–800k per flip) but more stable in crashing economies due to lower GP barriers. 2. **Warped Ankles (mid-tier Necromancy boots)**: - Gained traction post-Necromancy release; demand set to rise if future Necromancy updates further incentivize use. 3. **Ganodermic Boots**: - Higher-end boots used in more niche PvM scenarios. Ganodermics tend to increase in value during magic-dominant PvM metas but crash during rare inflationary floods (e.g., Treasure Hunter). --- ### **Seasonal Investment Outcomes** - **Positive Price Drivers**: - Summer events (July–August): Historically high player activity ties closely with PvM updates (e.g., Necromancy and Sanctum of Rebirth spikes). - Release of Accessible Bosses: Encourages more casual PvM players to invest in affordable gear, increasing demand across the board. - **Negative Price Drivers**: - December-January: Treasure Hunter updates and rare-chasing seasons reduce discretionary GP allocations toward mid-tier gear like Subjugation. These months are traditionally bearish for mid-tier items. For conservative investment, **April to June** is the optimal seasonal window for flips ahead of mid-year update releases, while **August to October** balances medium-term holds depending on shifting metas.