The game starts with x number of each. If one is depleted, then it can appear on any valid tile for that resource. Horses and Rubber never deplete, so none will every appear in a new tile.
Iron and I think oil can deplete, and I think when they do they reappear elsewhere on the same continent.
However I don't think waiting for one to appear is a viable strategy. It's a low-possibility random event, and when one does disappear it may not appear in your territory.
Iron is early enough that you will probably go to war to get it if you don't have it nearby. However you can get by without iron until railroads by which time you hopefully obtained some or can deal for some.
By the time oil comes you hopefully have conquered a few neighbors or are playing a space-constrained variant.
I thinks it's also more effective. I can't afford the prices the AI charges for luxury resources so I never even tried to get strategic resources via trade. I'll be giving away 1/2 my GPT and all my gold.
Puppeteer is right, don't wait for it. It's a very low probability event and, usually, somebody nearby has it and you just have to go get it. I'm always looking for Ivory first (SoZ) and then Iron.
I thinks it's also more effective. I can't afford the prices the AI charges for luxury resources so I never even tried to get strategic resources via trade. I'll be giving away 1/2 my GPT and all my gold.
Well, in most games I'm so far ahead in techs that I am pretty much gifting them away. Might as well pick up a luxury or two in 20 turn increments. In 20 more turns I'll be 4-5 more techs ahead of them. No need to go around beating up on poor, defenseless little civs.
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