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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
How I make Colloidal Silver for personal use
Page 1, 2, 3, 4, 5
HnryBwmn///KD0WSJ1497,606
(28)
08/29/14
4:55 PM
12/18/14
7:51 AM
Asian markets open in 10 hours let the Oil rot continueAnonymous Coward1150N/A12/14/14
8:58 AM
12/14/14
9:01 AM
I just purchased 1000 ounces of physical silver ask me a question
Page 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11
Anonymous Coward31018,272
(63)
08/03/14
6:06 PM
12/14/14
8:07 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
Anonymous Coward1192,990
(82)
12/12/14
1:38 AM
12/13/14
11:29 PM
Girl set on fire in Mississippi... Gas poured down her throat and nose..
Page 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12
Squidbillie Girl33820,856
(36)
12/09/14
10:37 AM
12/13/14
10:11 PM
Sprott Launches Physical Silver Mutual Fund, Will Likely Soak Up Much Marginal Silver InventoryAnonymous Coward2420N/A05/09/11
11:23 AM
12/13/14
8:38 PM
I didn't work at Area -32.74 and I ate a soybean. Ask someone else a question.Anonymous Coward0122
(1)
12/13/14
7:23 PM
12/13/14
7:23 PM
With crude oil prices this low, is a great investment opportunity staring us in the face?MonocyteOne11355
(1)
12/11/14
11:22 AM
12/13/14
6:47 PM
Instead of buying gold and silver, i bought the latest smartphone from Lamborghinihoarding money is bad, mmkay0170N/A12/13/14
5:31 PM
12/13/14
5:31 PM
Silvertards rejoice Ive found silver!The Veracity Sector19566
(1)
12/12/14
4:35 PM
12/13/14
4:24 PM
Breaking ! i bought a roll of Silver Eagles rather than the latest smart phone !
Page 1, 2
Anonymous Coward40802
(2)
12/12/14
5:39 PM
12/13/14
2:32 PM
Silver to the moon!!!!Anonymous Coward13735
(2)
12/09/14
10:24 AM
12/13/14
1:29 PM
For every $1 drop in OIL Prices$500M in stimulus is added to the economyWhat if ?1151N/A12/13/14
10:34 AM
12/13/14
11:12 AM
What are the implications of oil carsh ?mama2150N/A12/13/14
9:56 AM
12/13/14
10:40 AM
PRICE OF OIL DROPPING LIKE A ROCK! DOWN nearly 4% today!Nyarlathotep2243
(1)
12/12/14
12:11 PM
12/13/14
3:11 AM
oil below 60 and falling!!!!1cnnfn.com3204N/A12/12/14
12:25 AM
12/13/14
2:35 AM
HUGE **** Maguire - This Is What Has The Gold Shorts So TerrifiedTeutony3211N/A12/12/14
11:18 PM
12/12/14
11:24 PM
GET IT THROUGH YOUR THICK SKULLS, OIL IS ORGANIC AND NOT FROM FOSSILS - IT IS EARTH'S BLOOD
Page 1, 2
Anonymous Coward32904
(7)
06/12/10
4:11 PM
12/12/14
8:34 PM
OIL NOW DOWN BELOW 60$ could go to 55$ PB
Page 1, 2, 3
Anonymous Coward763,905
(7)
12/12/14
4:44 AM
12/12/14
8:28 PM
Serious question about the DOW and Gasoline pricesDP1220047N/A12/12/14
8:25 PM
12/12/14
8:25 PM
Dow down 300 ..oil down over 3%!!
Page 1, 2, 3
Halcyon Daze784,542
(10)
12/12/14
2:27 PM
12/12/14
8:19 PM
Rick Simpson oil plus
Page 1, 2, 3, 4, 5
Anonymous Coward1355,099
(19)
11/14/14
6:20 AM
12/12/14
6:33 PM
Peak Oil is here! I paid 2.42 for a gallon of gas today. OMG!!! Ask me a statement?Turnt Up for What1111
(1)
12/12/14
4:53 PM
12/12/14
4:58 PM
White Powder Gold DESTROYS DNA & Pyschic Abilities long termAnonymous Coward212,565
(2)
03/10/11
9:38 PM
12/12/14
4:17 PM
Cars powered by natural gas also putting a dent in oil demandUndestroyer7189N/A12/12/14
9:48 AM
12/12/14
4:12 PM
LOL, Big Oil Companies :) Going Bankrupt on Cheap Oil :) WHOOPEE!UnitedOompaLoomp​as0129N/A12/12/14
3:04 PM
12/12/14
3:04 PM
Gas going lower will cause riots?aplwanabes133202N/A12/12/14
1:40 PM
12/12/14
2:36 PM
India crashed oil price to $60/barrel....Anonymous Coward8317
(10)
12/11/14
2:33 PM
12/12/14
2:17 PM
How can I buy a car that runs on natural gas?DP122017226N/A12/12/14
10:12 AM
12/12/14
12:37 PM
The last time Oil traded below$60, Gold was between $800-$900What if ?0131
(1)
12/12/14
12:31 PM
12/12/14
12:31 PM
OMFG You're KIDDING ME - no more Oil and Gas information from the EIAAnonymous Coward3239N/A05/03/11
10:45 AM
12/12/14
12:19 PM
Oil won't stay down forever, is it time to buy some long ETF's or wait till it drops below 50ID THINKER5180
(1)
12/12/14
10:01 AM
12/12/14
11:05 AM
Books of Gold - What if going viral isnt good enough?Phive3189
(2)
12/11/14
10:05 AM
12/12/14
10:54 AM
DEADLY TRAIN CRASH !!! 80 CRUDE OIL TANKERS INVOLVED...Nlightened5402N/A07/07/13
8:24 AM
12/12/14
9:15 AM
Oil Rout turns into a Stampede Ultra Bear Market $10Anonymous Coward13346
(3)
12/12/14
6:53 AM
12/12/14
7:26 AM
Didn't oil drop to $59 today?Anonymous Coward5168N/A12/12/14
1:48 AM
12/12/14
1:53 AM
Besides Russia, what other reasons for the drop of oil price?Anonymous Coward192N/A12/11/14
11:35 PM
12/11/14
11:55 PM
With Oil CARSHING, do you think there will be a Terrorist Act in Saudi Arabia soon?
Page 1, 2
TripleH512,044
(14)
12/11/14
2:30 PM
12/11/14
9:40 PM
Lower gas prices today, makes way for US oil exports tomorrow!Anonymous Coward2132N/A12/11/14
8:48 PM
12/11/14
9:28 PM
Time Magazine: April 14, 1986 Good News! Cheap Oil! Bad News Cheap Oil!!Anonymous Coward2146
(1)
12/11/14
6:04 PM
12/11/14
9:09 PM
Coast Guard investigating oil spill in Sandy Hook Bay, New JerseyKickAzCarlin092N/A12/11/14
8:22 PM
12/11/14
8:22 PM
SWAT incident near Copper Basin AZ in Pinal CountyAnonymous Coward0120N/A12/11/14
7:24 PM
12/11/14
7:24 PM
Another oil question for the pros....? please and thank youAnonymous Coward15308N/A12/11/14
4:08 AM
12/11/14
6:30 PM
Gpl resonse to plummeting oil prices...they're stupidity is bottomless....gog and magognicolaem5186N/A12/11/14
5:28 PM
12/11/14
5:56 PM
OIL Hits the 50's! How low can it go?!!Nyarlathotep30474
(1)
12/11/14
4:04 PM
12/11/14
5:49 PM
oil questions for the pros....?
Page 1, 2
Anonymous Coward33696
(2)
12/10/14
10:22 AM
12/11/14
5:41 PM
How The Deflationary Collapse Of Oil Will Pop The Bond Bubble...
Page 1, 2, 3, 4, 5
Saddletramp1378,567
(31)
11/30/14
6:58 PM
12/11/14
4:47 PM
Now some GOOD news! Gas prices are still going down YAY!!DP12202100N/A12/11/14
4:29 PM
12/11/14
4:34 PM
Oil drops below $60 for first time since 2009Wash2122
(2)
12/11/14
3:02 PM
12/11/14
3:10 PM
OIl under $60Anonymous Coward2119N/A12/11/14
3:00 PM
12/11/14
3:07 PM
How do you like your coffee ?
Page 1, 2, 3
Anonymous Coward871,136
(3)
12/10/14
12:09 PM
12/11/14
1:57 PM
Breaking Pacific Gas & Electric reporting tens of thousands of power outages in San Francisco Bay Area.Anonymous Coward13396
(3)
12/11/14
11:22 AM
12/11/14
12:14 PM
Oil price going down, lets thank Barack Obama!Anonymous Coward12367
(5)
12/11/14
4:55 AM
12/11/14
10:31 AM
GOLD" STAR'S HERE ARE BUTT-FUCKING CHAT!!!!Citizenperth6236N/A12/11/14
8:44 AM
12/11/14
8:57 AM
1st sign of imminent US economic BUST --> Alaska faces $3.5B deficit amid lower oil pricesJoe Camel8253
(2)
12/10/14
11:21 PM
12/11/14
1:04 AM
COMMODITIES AS AN INDICATORkarl_gerbschmidt7267
(1)
12/10/14
1:10 PM
12/11/14
12:32 AM
Keeping your eye on the right ball with regards to oil prices..Anonymous Coward3167N/A12/10/14
1:19 PM
12/10/14
8:25 PM
The Oil-By-Rail Problemtech_bonus6178
(2)
12/10/14
6:20 PM
12/10/14
7:43 PM
Guess What Happened The Last Time The Price Of Oil Crashed Like This
Page 1, 2, 3, 4, 5
Wash14712,732
(26)
12/02/14
9:59 AM
12/10/14
5:36 PM
Mumbai oil spill, toxic fumigants threaten ecologyIndian_Believer2228N/A08/11/10
4:34 PM
12/10/14
5:07 PM
Oil spill off the coast of Mumbaidanes11203N/A08/08/11
11:12 AM
12/10/14
5:05 PM
Oil down over 5%....Dow down...268...Dead Cat Bounce Done: ZerohedgeHalcyon Daze20431
(2)
12/10/14
11:19 AM
12/10/14
4:22 PM
Price of oil down over 5% today. Dow falling.
Page 1, 2
Wash552,252
(9)
12/10/14
12:06 PM
12/10/14
3:42 PM
Oil/61 dollars!messi1712288
(1)
12/10/14
9:09 AM
12/10/14
10:38 AM
Heart of Gold...
Page 1, 2, 3
141672,838
(28)
12/08/14
4:38 PM
12/10/14
10:14 AM
Fuck you Oil Company!Korats010102N/A12/10/14
10:08 AM
12/10/14
10:08 AM
Yo, whassup? Gold? Silver?MrThistle24551
(1)
12/09/14
11:11 AM
12/10/14
8:57 AM
Israel caught stealing gas from Lebanon. No surprise.
Page 1, 2
ZyklonB35442
(14)
12/09/14
7:23 PM
12/10/14
7:39 AM
ALL commodities are DOWN HARD !!!!Whiterabbit R.O.11725N/A11/30/14
10:33 PM
12/09/14
11:05 PM
Robbed 8oz of gold from neighbor
Page 1, 2, 3
Anonymous Coward652,143
(2)
12/09/14
3:00 AM
12/09/14
9:57 PM
CHLORINE GAS ATTACK IN CHICAGO !!!! PIN!
Page 1, 2
Anonymous Coward444,622
(17)
12/07/14
12:28 PM
12/09/14
6:06 PM
One of the world’s biggest oil projects has become a fiascoAnonymous Coward0132N/A12/09/14
3:35 PM
12/09/14
3:35 PM
Brushing your teeth with Coconut Oil?30Aut622791
(2)
12/08/14
3:16 PM
12/09/14
1:21 PM
Oil Oil OilLimpan1171
(1)
12/09/14
7:49 AM
12/09/14
11:50 AM
Oil Price Per Barrel Required to Break Even/Balance Budget . You can see the game!!!Limpan3272N/A12/09/14
7:35 AM
12/09/14
8:37 AM
Silver and Gold TARDS! We RIDE! Market Sell off Today! (update pg 5)
Page 1, 2, 3, 4, 5
TripleH1229,746
(14)
11/06/14
10:23 PM
12/09/14
8:34 AM
Oil Prices continue to divedocsquat2163
(1)
12/09/14
7:56 AM
12/09/14
8:05 AM
Silver Update 11/30/14 Dystopian PropheciesAnonymous Coward3319
(2)
12/07/14
11:17 AM
12/09/14
2:21 AM
How 6 Key Commodities Moved Against 9 Major CurrenciesAnonymous Coward2153N/A12/08/14
10:20 PM
12/08/14
10:44 PM
TODAYS Low gas prices & collapsing Russian economy predicted EXACTLY in 2012Anonymous Coward7403
(1)
12/08/14
5:53 PM
12/08/14
10:43 PM
Another Long Week For Oil? Futures Down .89 (1.34%) AlreadyAnonymous Coward24908
(4)
12/07/14
7:44 PM
12/08/14
9:37 PM
Coconut OilMook14789
(3)
12/08/14
3:20 PM
12/08/14
9:35 PM
Palo Alto, CA. Poluce requesting gas masks and batonsAnonymous Coward1129N/A12/08/14
8:57 PM
12/08/14
9:18 PM
Peak Oil is TRUE. Economic collapse dead aheadSeanjohn13644
(4)
10/16/13
6:06 PM
12/08/14
8:35 PM
Who here on GLP is going to spend more on Christmas because gas prices are downID THINKER088N/A12/08/14
8:13 PM
12/08/14
8:13 PM
An ex-BP geologist says that we've hit Peak Oil, and that it will "Break Economies." Recession-driven Resource Wars Imminent
Page 1, 2, 3
DoorBert693,565
(18)
12/24/13
5:51 AM
12/08/14
7:20 PM
When oil was 8 a barrel in 1998...nicolaem0141
(1)
12/08/14
5:11 PM
12/08/14
5:11 PM
Silver and Gold appear to be tanking again.Anonymous Coward8419
(1)
12/07/14
6:14 PM
12/08/14
3:46 PM
Oil Having Rapped Movment. Why!?Anonymous Coward11234N/A12/08/14
12:12 PM
12/08/14
1:35 PM
Ancient vegetable sets off agri-gold rush in Peru - Chinese Boner FoodTripleH4475
(5)
12/07/14
10:52 AM
12/08/14
12:38 PM

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