Use the Fool's Gold item to place a node of Fool's Gold on the ground. Players in your party or raid can right-click the node of Fool's Gold to summon their own Kobold pet!
The Kobold pet will last until you swap it for a new pet, or if your character dies. The node of Fool's Gold lasts for 3 minutes once summoned, and has a 30 minute cooldown.
This item is usable by characters of any level.
The Fool's Gold Loot Card is found in booster packs from the Twilight of the Dragons Expansion Set. It is a rare card, found in only 1 out of 121 booster packs.
Twilight of the Dragons booster boxes currently run about $65.00 each and contain 24 packs of cards. If trying to obtain the Fool's Gold loot card from a booster pack, one would have to spend approximately $325.00 to get it.
This card can be purchased off of ebay for about $35 to $40.
Fool's Gold loot cards on ebay:
Search current ebay auctions for Fool's Gold loot availability and pricing.
Fool's Gold Demo Video
Fast-forward to 0:37 to see a demo of the Fool's Gold loot.