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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
Warren Buffet buying oil stocks now.Anonymous Coward11260N/A02/01/16
2:10 PM
02/01/16
3:18 PM
Why Is Turkey Allowing Terrorists with Oil Trucks to Cross Their Border??Anonymous Coward684
(1)
01/31/16
11:52 AM
02/01/16
1:48 PM
The Oil And Gas Credit Collapse Is Going To Be Catastropic! You tube interview of Dave Kranzler!shadow visionary1153
(2)
01/22/16
9:08 AM
02/01/16
12:08 PM
Saudi arabia to be bankrupt by end of 2018 if oil prices stay this lowPlasticDuck18337
(3)
01/31/16
11:19 PM
02/01/16
1:31 AM
I have 5000 dollars in RRSP. Should I take it out and buy silver?Anonymous Coward8167N/A01/31/16
3:26 PM
01/31/16
11:43 PM
New Breakthroughs in Hi-Powered Lazers Allow Drilling thru Hard Rock 4X Faster: OIL GETS EASIER TO FIND & EXTRACTOCCAM'S RAZOR3123
(2)
01/31/16
8:42 PM
01/31/16
8:45 PM
Remote Viewers & Psychics: Please help friend find his lost gold wedding band!Anonymous Coward21258
(3)
01/28/16
7:11 PM
01/31/16
7:05 PM
Mister Oil Ted Cruz SHOULD NOT WIN the Ethanol Corn State of IowaAnonymous Coward141N/A01/31/16
5:29 PM
01/31/16
5:31 PM
Race For The Pot Of GoldMilo Jeeder0122N/A01/31/16
4:53 PM
01/31/16
4:53 PM
Treasure hunter disappears searching for $2 million in goldHawk-0211432N/A01/30/16
3:27 PM
01/31/16
4:09 PM
COMEX WAREHOUSES REGISTERED SILVER ! ?Anonymous Coward19678
(5)
01/31/16
9:13 AM
01/31/16
3:05 PM
Anyone else like gold rush?Anonymous Coward30463
(3)
01/30/16
11:09 PM
01/31/16
1:55 PM
Do You Know What Will Happen If You Pour Olive Oil Over Bay Leaves And Heat It On Fire? You Will Be Amazed!picky19829722
(4)
01/30/16
8:44 PM
01/30/16
9:48 PM
Do you believe in the sanctity of life or do you believe life is a commodity ?Anonymous Coward240N/A01/30/16
11:24 AM
01/30/16
11:40 AM
IMF and World Bank move to forestall oil-led defaultsmidijeep096N/A01/30/16
10:32 AM
01/30/16
10:32 AM
Huge gas cloud hurtling towards our galaxyAnonymous Coward2173N/A01/30/16
9:44 AM
01/30/16
10:08 AM
Advice on selling off copper pennies?ajk23598N/A01/28/16
11:35 PM
01/30/16
12:30 AM
Big-Data Technology Allows US Oil Cost to $5.00 Barrel; Creates "Shale 2.0"; Deutsche Bank Says $7OCCAM'S RAZOR3151
(1)
01/29/16
2:58 PM
01/29/16
10:34 PM
Giant gas cloud hurtling towards the Milky Way Read more: http://www.dailymail.​co.uk/sciencetech/art​icle-3422552/Giant-g​as-cloud-hurtling-Mi​lky-Anonymous Coward087N/A01/29/16
5:17 PM
01/29/16
5:17 PM
Reality Break: No politician can save you. Voting is for cattle.Anonymous Coward143N/A01/29/16
3:54 PM
01/29/16
3:55 PM
40,000 jobs lost in Alberta's Oil Patch this year. Announcement of more jobs to be lost very soon. City of Edmonton Crime triples
Page 1, 2
Anonymous Coward541,964
(8)
09/29/15
1:29 PM
01/29/16
7:35 AM
Trump - "I could shoot someone and not lose any voters" He could diddle thousands of kids, and send millions to gas chambers as well.Anonymous Coward491N/A01/29/16
2:02 AM
01/29/16
2:35 AM
The Wheat Will Become Distinguishable from the TaresApokalupsis6244
(2)
01/28/16
7:38 PM
01/28/16
10:08 PM
L.A. gas blowout — Oil begins raining down on homes — Official: “It’s on the brink of pandemonium”
Page 1, 2, 3, 4, 5, 6, 7, 8, 9
Bodiless24922,769
(67)
01/08/16
5:20 PM
01/28/16
6:25 PM
COMEX Registered Gold Inventories Plummet 73% In One Day Gold goes bye-byeAnonymous Coward262,185
(8)
01/27/16
6:54 AM
01/28/16
5:49 PM
Here we Go: Gazprom cuts off gas to Ukraine....Whats next? TurkeyMitch9321N/A11/25/15
9:50 PM
01/28/16
3:27 PM
Jesus is returning with the Saints to Separate the Wheat and Tares..Everyone else is under the Judgement of Almighty GOD.christian6190
(5)
01/28/16
12:54 PM
01/28/16
2:35 PM
Trump as President means Hello $4 Gas!!!!Anonymous Coward17273
(8)
01/28/16
3:04 AM
01/28/16
10:24 AM
CRUDE OIL SHORT SQUEEZE INMINENT? OPEC COUNTRIES IN WAR OF words MODE!Strongman Shelford2141
(1)
01/12/16
8:36 PM
01/28/16
8:42 AM
Is the Gulf of Mexico EXPANDING? "Earth Expansion Theory" & Why Bayou Corne Sinkhole & Oil Platform Emergencies will Increase!
Page 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12
SilentlyKnowing33729,761
(58)
04/26/13
5:41 PM
01/27/16
5:59 PM
What happened at 2 pm to make Gold shoot up $15?Booger Cancer7192N/A01/27/16
3:04 PM
01/27/16
3:48 PM
Only AB negative blood is possible. All other blood types have been poisoned with iron and depleted of copper from birth.
Page 1, 2
Anonymous Coward501,638
(9)
11/01/15
10:52 PM
01/27/16
2:26 PM
American News Refuses to Talk Zika,Syria,Bundy Shooting,Oil,China Currecy, Only Propaganda For The Empire And Weather.Anonymous Coward590N/A01/27/16
8:18 AM
01/27/16
8:27 AM
QE 7 is happening now. The Titanic is tipping on its nose ready to go straight down, GOT GOLD?Anonymous Coward3295
(2)
01/27/16
1:20 AM
01/27/16
4:11 AM
I thought gold was supposed to go to $5,000 an ounce? WTF happened? I'm getting out of this scary racket...
Page 1, 2, 3
Anonymous Coward732,630
(8)
12/03/15
5:01 PM
01/27/16
1:36 AM
It's nice outside so i walked to the gas station for cigarellos
Page 1, 2, 3, 4
Masons Deli932,798
(26)
01/26/16
4:27 PM
01/26/16
10:50 PM
Crude Oil is low to let the Military stock up before WarAnonymous Coward393
(1)
01/26/16
10:33 PM
01/26/16
10:41 PM
Guns, ammo, seeds, gold coins, German shepherd. Let the crash begin.Anonymous Coward073N/A01/26/16
10:38 PM
01/26/16
10:38 PM
POS pays elderly HOMELESS man $5 to pour coffee on himself, so he could record it and put it on his Facebook pageAnonymous Coward197
(2)
01/26/16
12:16 PM
01/26/16
8:56 PM
My friend had coffee with Ben Affleck!
Page 1, 2
Anonymous Coward591,124
(9)
01/25/16
11:00 PM
01/26/16
7:20 PM
Germany Repatriates 120 Tonnes Of Gold In 2014Uncle Fuck Stick6547N/A01/19/15
6:36 AM
01/26/16
5:43 PM
Breaking : Gold and silver finally making it's upward move !!!!Anonymous Coward2157
(2)
01/26/16
12:55 PM
01/26/16
3:59 PM
LA Gas Leak - Destabilizing - Sinkhole Developing - DOOM
Page 1, 2, 3, 4, 5
Anus the Great14910,025
(32)
01/21/16
6:13 AM
01/26/16
2:36 PM
Oil Prices Drag Down White-Collar Industry Workers in Houston But Lift Blue-Collar!!!Proverb​s 21:17
Page 1, 2
Goofy for God431,392
(12)
01/26/16
8:13 AM
01/26/16
1:50 PM
Dennis Gartman: "Crude oil will never trade back above $44 'in my lifetime"Anonymous Coward1108N/A01/26/16
9:57 AM
01/26/16
11:57 AM
Breaking : Financial doom back on!! Nikkei -351 Hang Seng -386 Gold making come back !
Page 1, 2, 3, 4
Anonymous Coward1015,875
(20)
01/25/16
9:14 PM
01/26/16
11:32 AM
Thieves Attempt to Siphon Gas From a Bus But Accidentally Suck Out Sewage~!!!!Hawk-029255
(2)
01/26/16
10:24 AM
01/26/16
11:06 AM
Saw some "silver surfers" in the library. What a joke.Anonymous Coward5359
(4)
01/26/16
6:58 AM
01/26/16
8:18 AM
Why They Are Luring Russia Into WW3- Because Russia Is About To Release Zero Point Energy Tech That Will Make Oil Obsolete Ending The Petrodollar
Page 1, 2
Anonymous Coward351,871
(10)
11/25/15
3:26 PM
01/26/16
7:48 AM
Did The East Anticipate The Current Oil And Financial Attack Being Waged On Them By The Western Cartel To Stop Their Rise?Anonymous Coward164N/A01/26/16
6:19 AM
01/26/16
6:20 AM
Putin, the oil price and impending doom...
Page 1, 2
Genghis Garcia-Oxenhandler321,052
(5)
01/24/16
7:57 AM
01/26/16
6:03 AM
Alex, i'll take GOLD for $1200 before 1st day of spring, please! Make it a true daily double then.Anonymous Coward5129N/A01/26/16
1:30 AM
01/26/16
2:40 AM
Platinum trading 22% below goldAnonymous Coward199N/A01/26/16
2:01 AM
01/26/16
2:04 AM
Is working at a gas station a cool job?just curious23357N/A01/25/16
8:29 PM
01/25/16
9:49 PM
SCARY SHIT: Gas Station Workers Jumped by Biker Gang After Asking One of Their Crew to Put out a Cigarette!Hawk-025348N/A01/25/16
7:51 AM
01/25/16
7:05 PM
Away From Dollar: Russia, China to Create Entirely Different Gold MarketWei Wu Wei5373
(11)
08/16/15
1:27 PM
01/25/16
5:20 PM
Oil should be .01 US per barrelUN Owen054N/A01/25/16
3:16 PM
01/25/16
3:16 PM
African preacher caught selling store bought Olive Oil as HIV cure in LondonLatucher4153N/A01/25/16
2:56 AM
01/25/16
3:07 PM
The Oil Mafia – Stolen Oil From Syria And Iraq Taken To Kurdistan, Turkey, And IsraelAnonymous Coward6171
(4)
12/03/15
9:38 AM
01/25/16
12:46 PM
Man aged 53 'found dead in sex swing near gas cylinders'GETTING JIGGY WITH IT10401
(2)
01/25/16
11:01 AM
01/25/16
11:58 AM
Regulators order new steps to contain gas leak near Porter RanchTheToolMan064
(1)
01/25/16
11:10 AM
01/25/16
11:10 AM
Gold Ticker GONE!! WtfJack Black2181N/A01/25/16
9:38 AM
01/25/16
9:44 AM
Subliminal message in todays Gas Prices.Anonymous Coward10280
(4)
01/24/16
5:56 PM
01/24/16
7:19 PM
2nd Navy ship goes down because someone forgot to check the oil.Sarah Conner6358
(2)
01/24/16
1:00 PM
01/24/16
3:04 PM
Why You Should NEVER Eat Vegetable Oil
Page 1, 2
Anonymous Coward602,043
(4)
01/20/16
9:44 AM
01/24/16
10:18 AM
Since gas has gone way down , why is food still so expensive ??Anonymous Coward18438
(3)
01/20/16
12:14 PM
01/24/16
5:44 AM
ISIS has destroyed key oil infrastructure in Libya....how convenient for Saudi Arabia as they continue to try to corner the energy marketUncle Fuck Stick162
(1)
01/23/16
10:32 PM
01/24/16
12:25 AM
Do you have a penis? Want a gold medal? Just tell the Olympics "you're a woman".First Born4109N/A01/23/16
3:28 PM
01/23/16
7:58 PM
The Oil-igarchy: How Big Oil Conquered the WorldTruthNow886151N/A01/06/16
12:18 AM
01/23/16
5:06 PM
Super Stoned Watching JFK Doc and Noticed Some Shit. ISIS, JH15, BP Oil Spill, Drones and Planes (???) Insurance Scams, and MIC Puzzle Pieces.Anonymous Coward17749
(3)
05/31/15
4:49 PM
01/23/16
4:22 PM
Should i buy 1k$ worth of silver todayAnonymous Coward19392
(2)
01/23/16
11:06 AM
01/23/16
3:46 PM
LA gas well has ‘destabilized’.If wellhead fails, the thing is just going to be full blast…
Page 1, 2, 3, 4, 5
Anonymous Coward1226,788
(21)
01/21/16
6:20 AM
01/23/16
3:22 PM
Bitcoin doing better than gold and is getting global.
Page 1, 2, 3
Anubis Kanubis702,318
(13)
09/06/15
3:04 AM
01/23/16
11:17 AM
What's the brand of Coffee with the Highest Caffeine Content? .... without breaking the bank ?Wizard6212336
(1)
01/23/16
7:08 AM
01/23/16
9:11 AM
German Woman Cures Cancers with Flax Seed Oil and Cottage Cheese Regimen - Refuses to Sell-OutCancerMustDie13986
(8)
11/28/15
10:29 PM
01/23/16
6:04 AM
Obama Right Again! He Made US Oil Independent Before The Price Fell Through the Floor.Anonymous Coward20400
(12)
01/21/16
4:07 AM
01/22/16
8:21 PM
Oil and stocks monster rally....once again carshtards defeated and turned to dustAnonymous Coward9214
(2)
01/22/16
4:33 PM
01/22/16
5:45 PM
Even dirt cheap oil can't help the destroyed US economy...Anonymous Coward055N/A01/22/16
2:38 PM
01/22/16
2:38 PM
Coffee is Worse that Heroin...Anonymous Coward27578
(7)
01/22/16
9:06 AM
01/22/16
10:53 AM
The Real Reason Oil Is So Cheap And How Rockefeller and Rothschild Are InvolvedILoveAppleTrees8393
(4)
01/22/16
6:03 AM
01/22/16
6:57 AM
You Better start buying Silver and Gold before Monday Canada
Page 1, 2
Anonymous Coward442,026
(3)
01/16/16
11:01 PM
01/22/16
6:45 AM
Trump's opulent, gold-plated Manhattan penthouseAnonymous Coward16315
(4)
01/21/16
9:31 PM
01/21/16
11:44 PM
Hey, the California gas leakAnonymous Coward17339N/A01/21/16
2:24 PM
01/21/16
5:28 PM
LA gas leak....will it choke Hollywood?Anonymous Coward2100N/A01/21/16
2:50 PM
01/21/16
5:16 PM
Adding Xylene to gas?Anonymous Coward7287
(1)
01/21/16
4:26 AM
01/21/16
2:51 PM
My Dumb Bank Spazzed Cause I bought 2k worth of Silver online wtf ?Anonymous Coward9443
(1)
01/21/16
1:18 PM
01/21/16
2:32 PM
Bundy BLM militia thrown out of town hall while oil crashesprisonerno65140
(2)
01/20/16
12:25 PM
01/21/16
11:52 AM
Do you know the top 10 health benefits of coffee?
Page 1, 2, 3
Mike651,939
(5)
01/17/16
4:53 AM
01/21/16
11:33 AM
Did peak oil go away?Limpan29688
(1)
01/21/16
5:28 AM
01/21/16
10:40 AM
World markets plunge. Oil BELOW $27! North American Markets set to open DEEP Red.
Page 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15
Wash 2.042719,182
(30)
01/20/16
7:39 AM
01/21/16
10:29 AM

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