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My take is that people want to cash out quick... quickest and easiest way to do that is to convert everything to gold and then RMAH gold. despite what people are saying, people are leaving this game and with that they want $$ over gold so they're selling it for whatever they can to get it out quick... right now it's dead, but will probably pick up a little when the patch drops. This being said, I doubt gem prices will go back up to the levels they once were. There's no sink where gems disappear so either they keep getting traded back and forth or they get made for whatever reason. I for one plan to at least craft 1 radiant out of all 4 colors just for the achievement once I get the plans...
Gold farmers are cashing out on all their duped items, gold,gems mostly because the game is dying and they want to cash out before they're worthless. This is why they're selling far below cost because they were essentially made for free. Anyone who thinks people are selling their gems due to quitting is causing this massive decline in pricing is retarded.
The first part is true... the second part, not so much.
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