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Commodities (Economy) 

Recent discussions about Commodities (Economy) at the Godlike Productions forum.

In economics, a commodity is the generic term for any marketable item produced to satisfy wants or needs. Economic commodities comprise goods and services.The more specific meaning of the term commodity is applied to goods only. It is used to describe a class of goods for which there is demand, but which is supplied without qualitative differentiation across a market. A commodity has full or partial fungibility; that is, the market treats it as equivalent or nearly so no matter who produces it. "From the taste of wheat it is not possible to tell who produced it, a Russian serf, a French peasant or an English capitalist." Petroleum and copper are examples of such commodities. The price of copper is universal, and fluctuates daily based on global supply and demand. Items such as stereo systems, on the other hand, have many aspects of product differentiation, such as the brand, the user interface, the perceived quality etc. And, the more valuable a stereo is perceived to be, the more it will cost.

Source: Wikipedia

 ThreadPosterRepliesViewsRatingPostedUpdated
All Putin has to do is default on Russia's debt payments and stop selling gas to Europe and it's all over
Page 1, 2
Anonymous Coward341,242
(9)
12/20/14
8:47 AM
12/20/14
11:44 AM
Wife Is 39 Weeks Pregnant. Calling all Castor Oil-Tards!!!
Page 1, 2
< DL >49690N/A12/16/14
3:05 PM
12/20/14
11:43 AM
Russia and China going on gold standard !!!Anonymous Coward254
(2)
12/20/14
11:36 AM
12/20/14
11:39 AM
Silver comex default coming 89 dollar silverAnonymous Coward4115
(1)
12/20/14
11:14 AM
12/20/14
11:17 AM
Rothschild’s Secretive Iranian Oil Operation Just Blew up in the Israeli DesertOsnetDaily2152N/A12/20/14
10:43 AM
12/20/14
11:01 AM
Oil. Regular to DIP below $1.00/gal / us?Anonymous Coward8274N/A12/20/14
9:23 AM
12/20/14
10:59 AM
Remote viewed silver at 25,36Anonymous Coward9346
(1)
12/19/14
1:17 PM
12/20/14
9:49 AM
IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
Page 1, 2, 3, 4, 5, 6, 7, ..., 18, 19, 20, 21, 22, 23, 24, 25
Punk-A$$ets75023,369
(19)
05/27/14
5:58 PM
12/20/14
9:31 AM
Wake up and smell the coffee!Anonymous Coward3167N/A12/20/14
7:17 AM
12/20/14
8:24 AM
OIL CRASH UPDATE: The UK Oil Industry Is "Close To Collapse"!!! $53.59 LOW!!! Brent $58.74 LOW!!!
Page 1, 2, 3, 4, 5, 6, 7, ..., 76, 77, 78, 79, 80, 81, 82, 83
Luisport2,47893,162
(63)
12/10/14
6:44 AM
12/20/14
7:12 AM
Paid 1.99 for gas in MO, down to 1.83 in some placesAnonymous Coward4146N/A12/20/14
12:18 AM
12/20/14
2:37 AM
What year is it? Gas down the road is $2.07Indianapolis9222N/A12/19/14
11:08 PM
12/20/14
1:42 AM
BIG!!!! U.S Treasury Secretary cheers plummeting oil prices while threatening Russia over Ukraine!
Page 1, 2
Astral Goat422,009
(7)
12/12/14
2:00 AM
12/20/14
1:28 AM
Breaking Russia Has Begun Selling Its Gold, According To SocGen
Page 1, 2, 3, 4
Anonymous Coward1185,676
(23)
12/18/14
1:08 PM
12/20/14
1:03 AM
The USA is the titanic physical silver is the lifeboatAnonymous Coward4150N/A12/19/14
9:16 PM
12/19/14
11:13 PM
OIL DOOM ON ( OPEC OIL WAR ) MAJOR BREAKING UPDATE PG 9 $40 oil soon and LAYOFFS COMEING
Page 1, 2, 3, 4, 5, 6, 7, 8, 9, 10
blackraven28020,080
(43)
11/30/14
11:01 PM
12/19/14
9:13 PM
Checkmate! Russia now selling Oil for Physical Gold!!
Page 1, 2, 3, 4, 5, 6
BRIC1738,961
(48)
12/19/14
10:48 AM
12/19/14
6:53 PM
Checkmate: The Game Is Over” As Russia Begins Selling Oil For Goldlestat1510139N/A12/19/14
5:23 PM
12/19/14
5:23 PM
Richard Branson: S. Arabia attacking renewable energy with cheaper oilKing Richie8157N/A12/19/14
2:17 PM
12/19/14
3:08 PM
SILVER and GOLD prediction thread. I will not have to apologize for this one.
Page 1, 2, 3, 4, 5, 6, 7, 8
gojo34523011,654
(30)
11/30/14
3:18 AM
12/19/14
11:11 AM
Silver... UP or Down in the days to come? I did a lil research but wanted your opinion GLP<Armor of Gods>9279
(2)
12/18/14
8:33 PM
12/19/14
5:20 AM
Only President Obama could get gas to $2.50, end 2 wars, get Bin Laden, bring unemployment below 8%, then be told hes failing as President...
Page 1, 2, 3, 4, 5
Anonymous Coward1253,338
(87)
12/12/14
1:38 AM
12/19/14
1:20 AM
HERE is what LIBTARDS said about increased OIL PRODUCTION not lowering PRICES!! ....EPIC FAIL!!!
Page 1, 2
Anonymous Coward311,441
(8)
12/18/14
6:12 PM
12/18/14
11:28 PM
Checkmate: Is Russia Selling Oil For Gold?Uncle Fuck Stick0136
(2)
12/18/14
10:09 PM
12/18/14
10:09 PM
I saw $1.99 gas on my way into work this morning
Page 1, 2
Anonymous Coward32583
(3)
12/18/14
4:34 PM
12/18/14
9:30 PM
Goldman Sachs Says 1 Trillion In Investments Just Went Poof Due To The Collapse Of Oil!!!
Page 1, 2, 3
Saddletramp764,258
(15)
12/18/14
7:35 AM
12/18/14
7:20 PM
Unloading 28 Years Of Silver Stacking Now - The Stuff Is Complete Junk
Page 1, 2, 3
Anonymous Coward822,531
(11)
12/16/14
1:30 PM
12/18/14
5:06 PM
Enjoy your cheap gas, it's helping start WWIII/NWO.eyeDR312497
(5)
12/18/14
2:02 PM
12/18/14
3:56 PM
Oil Price Shock Contagion: Now Comes The Derivative Market!!!
Page 1, 2
Saddletramp311,663
(9)
12/14/14
7:49 PM
12/18/14
2:43 PM
Thanks America! - North Sea oil industry 'close to collapse'
Page 1, 2, 3, 4
Anonymous Coward1194,456
(11)
12/18/14
5:15 AM
12/18/14
1:58 PM
Russia backs rouble with gold
Page 1, 2, 3, 4
Anonymous Coward986,865
(25)
03/31/14
2:49 PM
12/18/14
1:23 PM
Switzerland still holds half of the Dutch gold looted by the NazisOsnetDaily286
(1)
12/18/14
12:12 PM
12/18/14
12:23 PM
Commodity Trading Giant Exits Physical Gold Due To "Lack Of Physical With A Documented Origin"Face Palmer14895
(11)
12/18/14
4:49 AM
12/18/14
11:59 AM
Could it be a plan to take out the oil industry?Anonymous Coward14243
(1)
12/18/14
6:55 AM
12/18/14
10:36 AM
How I make Colloidal Silver for personal use
Page 1, 2, 3, 4, 5, 6
HnryBwmn///KD0WSJ1517,744
(28)
08/29/14
4:55 PM
12/18/14
9:47 AM
Crude oil is now cheaper than bottled waterAnonymous Coward6167N/A12/18/14
9:04 AM
12/18/14
9:18 AM
Commodity Trading Giant Exits Physical Gold Due To "Lack Of Physical With A Documented Origin"Anonymous Coward281,681
(13)
12/17/14
8:37 AM
12/18/14
8:19 AM
Probelm with the oil ???Anonymous Coward2125N/A12/18/14
8:10 AM
12/18/14
8:12 AM
OIL WARAnonymous Coward196N/A12/18/14
7:26 AM
12/18/14
7:27 AM
Bend Over Ethanol... Fracking & Shale Oil Not The Only Ones Getting Screwed By Wall Street Oil Manipulations!!!Anonymous Coward0119N/A12/18/14
5:36 AM
12/18/14
5:36 AM
Russia to back ruble with gold (3/30/14)rachel310810860
(1)
03/31/14
9:04 PM
12/18/14
4:53 AM
Oil to the moon!! Russia will be stronger. Putin end of the year speech nowLimpan16492
(2)
12/18/14
4:12 AM
12/18/14
4:45 AM
Silver DEFINITELY headed over $48 tomorrow. Unload at $50 or hold?Silvertardo261,108N/A04/24/11
12:08 PM
12/18/14
12:30 AM
Harvey Organ: BY DECEMBER GOLD WILL BE 3 TO 5 K AN OUNCE.. SILVER 200...DEATH OF PETRO DOLLAR ...by December
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Uncle Fuck Stick1329,260
(24)
09/11/14
8:59 AM
12/17/14
11:49 PM
U.S. Attacks Russia's Monetary System To Replace Federal Reserves Missing GoldAnonymous Coward1118N/A12/17/14
11:21 PM
12/17/14
11:24 PM
Biodegradable styrofoam substitute made from corn stalks and mushroom mycelium. Renewable resource green techAnonymous Coward5240
(1)
12/17/14
4:29 AM
12/17/14
12:39 PM
Commodity Trading Giant Exits Physical Gold Due To "Lack Of Physical With A Documented Origin"MacRaider2188N/A12/17/14
12:19 AM
12/17/14
11:04 AM
Wife in oil industry..
Page 1, 2, 3
Anonymous Coward713,459
(11)
12/15/14
1:06 PM
12/17/14
9:05 AM
T. Boone Pickens on where oil prices will settle, $40 per barrel?Anonymous Coward2247
(1)
12/17/14
7:41 AM
12/17/14
8:28 AM
How low will Crude Oil go?ID THINKER13486
(3)
11/26/14
4:30 PM
12/17/14
8:21 AM
World Markets Crashing This Week!! Oil slides Below $45!!!
Page 1, 2, 3, 4
newworldnew1087,932
(18)
12/15/14
8:46 PM
12/17/14
12:30 AM
Can someone give me the right oil price for fracking to be profitableAnonymous Coward251
(1)
12/16/14
11:40 PM
12/16/14
11:51 PM
How long will it be before we are bailing out the Shale oilAnonymous Coward142N/A12/16/14
11:05 PM
12/16/14
11:13 PM
Sandy Hook: James Belden, Dan Holmes & Iroquois GasAnonymous Coward4227
(1)
12/16/14
9:59 AM
12/16/14
10:58 PM
BP to Cut Jobs as Price of Oil Falls.... And it STARTS..!!!
Page 1, 2, 3
OilMan823,660
(10)
12/16/14
10:02 AM
12/16/14
10:57 PM
Ruble and oil tanking! Investment opportunity?Anonymous Coward13394
(1)
12/16/14
4:33 AM
12/16/14
9:44 PM
Please remember that oil was 8 a barrel in 1998..gas in georgia could be had for 67 cents/per gallon!nicolaem073
(1)
12/16/14
9:35 PM
12/16/14
9:35 PM
Oil price is surging!
Page 1, 2
Anonymous Coward514,334
(9)
12/01/14
10:20 AM
12/16/14
9:25 PM
Has anyone else come to the conclusion the Oil price definitely signals ww3?KevinBowright2251
(2)
12/16/14
8:25 PM
12/16/14
8:55 PM
Drop oil too 0, carsh FRN, dismantle CORP set up Kingdom of AmericaMeth Addict196N/A12/16/14
6:54 PM
12/16/14
7:23 PM
Breaking: Moody's spits in its palm and rubs its nub.... cuts Alaska's outlook to negative on oil prices; reaffirms AAA rating.Uncle Fuck Stick174N/A12/16/14
6:04 PM
12/16/14
6:09 PM
Effective 12/22/2014 If Gold Price Moves $100 and Silver Price Moves of $3 - Trading to be Halted for 5 minutes
Page 1, 2
Chugiakian442,147
(15)
12/14/14
5:18 PM
12/16/14
5:29 PM
Junk-bond worries spread beyond oil
Page 1, 2
waht392,420
(9)
12/16/14
5:30 AM
12/16/14
2:53 PM
Anyone good With Gas Combi Boilers ?Anderson_G26283N/A12/16/14
10:05 AM
12/16/14
2:53 PM
Rockefeller family, which made its vast fortune from oil, are to sell investments in fossil fuels and reinvest in clean energy
Page 1, 2
Nexus News39873
(6)
09/22/14
12:37 PM
12/16/14
12:22 PM
GIRL BURNED ALIVE! Gas station surveillance video captures Jessica Chambers' last hoursAhava3632
(1)
12/09/14
10:43 PM
12/16/14
10:18 AM
Gasoline from gas at $1 gallonAnonymous Coward10261
(1)
12/16/14
8:55 AM
12/16/14
9:15 AM
oil still droppingTheBuzz15269
(1)
12/16/14
7:09 AM
12/16/14
9:09 AM
What if oil price dropped to $0 next week?Anonymous Coward12247
(1)
12/15/14
11:40 PM
12/16/14
9:08 AM
Saudi Arabia, China, and yes Russia engineered the collapsing oil prices.
Page 1, 2, 3, 4, 5, 6
GodFrequency1698,279
(61)
12/15/14
1:47 AM
12/16/14
7:54 AM
The "Oil Council" controls the energy sectorAnonymous Coward173N/A12/16/14
7:27 AM
12/16/14
7:29 AM
OIL CARSH THREAD....53 Handle!!
Page 1, 2, 3, 4, 5
No More Lies14610,645
(14)
12/08/14
2:11 PM
12/16/14
7:09 AM
IRAN Admits US is the target of Saudi Oil Price war but their are others.Anonymous Coward0154
(1)
12/16/14
4:11 AM
12/16/14
4:11 AM
Oil price slump to trigger new US debt default crisis as Opec waitsUncle Fuck Stick6546
(7)
11/15/14
4:43 PM
12/16/14
3:53 AM
Gas Prices Hit $2 a Gallon: How Low Could They Go?KoFFee_14260
(1)
12/16/14
12:37 AM
12/16/14
1:16 AM
Crude Crash Set To Continue After Arab Emirates Hint $40 Oil Coming Next!SpaceCommand1130
(1)
12/15/14
8:53 PM
12/15/14
11:46 PM
Russia and China stockpiling Gold, EU countries want their physical Gold WHY?Anonymous Coward2144
(3)
12/15/14
10:34 PM
12/15/14
11:09 PM
So How Will People Feel If A Republican Gets In Next Time And Gas Prices Skyrocket?Anonymous Coward13150
(5)
12/15/14
9:41 PM
12/15/14
10:47 PM
Anyone making money on the oil slideAnonymous Coward059N/A12/15/14
10:21 PM
12/15/14
10:21 PM
10 Reasons why a severe drop in Oil is bad
Page 1, 2, 3, 4
Halcyon Daze1034,813
(19)
12/12/14
3:14 PM
12/15/14
9:54 PM
The Real reason Oil is Collapsing, The immense heat from the Earths' core produces unlimited crude oil, Oil is not worth muchfutures14618
(9)
12/15/14
5:11 PM
12/15/14
9:02 PM
Oil-rich Russia makes rouble convertible: The dollar is out as Russia's economic power growsAnonymous Coward6434
(3)
06/30/06
8:59 AM
12/15/14
8:26 PM
Oil prices have dropped...So why has food not dropped?Anonymous Coward16631
(3)
12/15/14
4:29 AM
12/15/14
5:28 PM
Rick 'Cannabis Oil' Simpson on Fukushima Radiation and 'Simpson Oil'lancifer93171,315
(5)
05/16/11
8:00 PM
12/15/14
4:51 PM
Saudi Arabia’s oil war against Iran and Russia
Page 1, 2, 3
Anonymous Coward681,516
(7)
12/14/14
11:08 AM
12/15/14
4:12 PM
Can summarize what the positive and negative ramifications are of the oil carsh?Anonymous Coward184N/A12/15/14
3:43 PM
12/15/14
3:54 PM
Markets diving. Oil down. Gold down!!
Page 1, 2
Wash33885
(5)
12/15/14
11:53 AM
12/15/14
3:40 PM
What if oil is carshing due to the ability to make oil from seawater and air now?Anonymous Coward6243
(3)
12/15/14
10:36 AM
12/15/14
2:45 PM
Harry dent: deflation of the US dollar ....China & Russia are stupid for buying gold...US Dollar Is the safe haven
Page 1, 2
Uncle Fuck Stick37738
(4)
12/15/14
9:05 AM
12/15/14
12:53 PM
The Gold Fever In Europe: Germany, Netherlands, France, Belgium - Now Austria Considers Repatriating Its Gold.Uncle Fuck Stick5219N/A12/15/14
8:11 AM
12/15/14
11:45 AM

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