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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
OIL LEASES NOW COMMING DUE IN THE BAKKENy 4?0118N/A07/20/13
2:19 PM
07/20/13
2:19 PM
Poisoned kids in India: me tel u oil get big sickness WTFSerenaSeesAll4225
(2)
07/20/13
11:06 AM
07/20/13
11:15 AM
JPM Eligible Gold PLUMMETS by 66% In ONE Day, Total Gold At Fresh All Time LowNo More Lies22704
(11)
07/19/13
4:40 PM
07/20/13
10:53 AM
Silver $500 per ounce Soon?Anonymous Coward5521N/A07/19/13
10:44 PM
07/20/13
10:39 AM
Copper bracelets & magnets do for you when wearing?Anonymous Coward6339N/A07/20/13
9:04 AM
07/20/13
10:02 AM
Facial Recognition Coffee Machines At Airports - [Video]Esau0113
(1)
07/20/13
9:08 AM
07/20/13
9:08 AM
Now because derivatives are used SO MUCH amongst companies, their worried that to much regulation will boost commodities pricesUncle Fuck Stick086N/A07/20/13
8:57 AM
07/20/13
8:57 AM
Gulf of Mexico Natural Gas Leak VIDEOAnonymous Coward6274
(1)
07/17/13
8:25 AM
07/20/13
12:39 AM
Sodexo Foods and Loyola Marymount trying to crush small business coffee cart in favor of big business!Anonymous Coward6331
(2)
07/19/13
10:55 PM
07/20/13
12:09 AM
VIDEO - BEWARE: FAKE Sunshine Mint Silver Bars & 2011 Canadian MaplesSilverBull269,512
(4)
01/12/12
2:05 AM
07/19/13
11:12 PM
The News In Two Minutes Syria, Japan Oil Dispute, CIA Weather ControlKalona0209
(1)
07/19/13
10:38 PM
07/19/13
10:38 PM
JP Morgue has a measly ONE TONNE of Eligible Gold left at CO(n)MEX!Physicist3219
(4)
07/19/13
5:43 PM
07/19/13
7:07 PM
I boiled my foot in coconut oil and it feels GREAT!! ask me a question...anonymous limper4159
(2)
07/19/13
1:32 PM
07/19/13
4:33 PM
RMN: Watergated For Pulling The Plug On TPTB Fort Knox Looting Of Our Gold!Lester0119
(1)
07/19/13
3:24 PM
07/19/13
3:24 PM
Buy silver and gold?RealCoolDude24546
(1)
07/18/13
3:54 AM
07/19/13
2:47 PM
CoCoNut Oil!! This shtz works!!!!
Page 1, 2, 3
Anonymous Coward887,999
(17)
05/21/13
4:41 PM
07/19/13
1:28 PM
Dubai offers gold in return for weight lossAnonymous Coward2137
(2)
07/19/13
12:27 PM
07/19/13
12:31 PM
THE COMING ECONOMIC PERFECT STORM. 3 Major Bubbles about to Burst: Oil, China, & Wall StDoorBert9292
(2)
07/19/13
8:48 AM
07/19/13
9:25 AM
All the world's gold came from collisions of dead stars, scientists say!!Updated videoGoofy for God9298
(1)
07/18/13
2:51 PM
07/19/13
8:38 AM
Tax cut for shale gas firms planned!!!FOR DESTROYING THE PLANETGoofy for God1104N/A07/19/13
7:38 AM
07/19/13
7:52 AM
Women discust me when they pass gas and emit other bad smells like boAnonymous Coward20454N/A07/19/13
12:02 AM
07/19/13
6:40 AM
Man with metal detector finds 1400 yr. old gold treasureScore!112,221N/A04/09/10
7:42 AM
07/19/13
5:30 AM
Lose weight in Dubai and get paid in goldoopsbrokethatone0163
(1)
07/19/13
1:32 AM
07/19/13
1:32 AM
GOLD PRICE?Anonymous Coward6283
(1)
07/18/13
6:06 PM
07/18/13
11:23 PM
China reportedly planning to back the yuan with gold
Page 1, 2, 3, 4
Face Palmer1174,716
(26)
07/18/13
9:14 AM
07/18/13
5:26 PM
Media Matters founder caught stealing gasAnonymous Coward2115N/A07/18/13
2:59 PM
07/18/13
3:07 PM
Black hole-bound gas cloud 'stretched like spaghetti'!!!Video update
Page 1, 2
Goofy for God362,421
(11)
07/17/13
2:10 PM
07/18/13
3:01 PM
Neutron Star Collisions May Have Created All The Gold In The Universe!!!Luisport4151N/A07/18/13
12:32 PM
07/18/13
1:23 PM
WE ARE PRODUCING MORE OIL TODAY THAN EVERAnonymous Coward7237
(1)
07/18/13
9:39 AM
07/18/13
12:18 PM
Second Dutch Bank to Follow ABN Amro, Close Gold Accounts!
Page 1, 2
Face Palmer423,340
(15)
07/18/13
3:28 AM
07/18/13
11:40 AM
I go on a dating site and tell gold diggers not to contact me, as they are prostitutes
Page 1, 2, 3
Anonymous Coward892,378
(3)
07/17/13
6:23 AM
07/18/13
10:53 AM
Gold Headed To New All-Time HighsAnonymous Coward1197
(1)
07/18/13
3:18 AM
07/18/13
9:35 AM
Where is the Gold going?Anonymous Coward11379
(2)
07/18/13
4:05 AM
07/18/13
7:33 AM
JP Morgan has record modern-era lows in gold inventory against massive paper claims. Similarly, the COMEX is running close to empty as wellAnonymous Coward3358
(1)
07/18/13
4:29 AM
07/18/13
6:28 AM
In Dubai , Weight Loss at least 2 kilogram , get Real Gold!Anonymous Coward1167N/A07/18/13
5:45 AM
07/18/13
5:46 AM
What do YOU use tea tree oil for?
Page 1, 2
robin351,905
(5)
04/28/06
9:30 AM
07/17/13
9:59 PM
They should have a catheter for your butt for gradual release of gasJbdude11566N/A12/03/11
5:33 PM
07/17/13
4:39 PM
Iran agress to take all Oil payments from India in rupees! PIN this!Anonymous Coward9228
(2)
07/17/13
2:34 PM
07/17/13
3:29 PM
Another braindead copperAnonymous Coward061N/A07/17/13
2:17 PM
07/17/13
2:17 PM
HOLY SHIT!!! GOLD DOWN 10% TODAY!!!
Page 1, 2, 3, 4, 5, 6, 7, ..., 9, 10, 11, 12, 13, 14, 15, 16
Anonymous Coward47018,684
(31)
04/15/13
5:26 AM
07/17/13
2:05 PM
WTF !! US MINT REPORTS 27.6 MILLION SILVER EAGLES SOLD IN JULY !!Anonymous Coward8481
(5)
07/17/13
1:41 AM
07/17/13
1:12 PM
Bernanke speach dropped silver by 70 cents 3%+ in less than an hour.andawg221092N/A07/17/13
12:32 PM
07/17/13
12:32 PM
Got my GLP Coffee MugGoofy for God15296
(6)
07/16/13
5:42 PM
07/17/13
10:22 AM
US mint sells more than 27 million ounces of silver in July!!!!MaxMad4224N/A07/17/13
7:48 AM
07/17/13
9:44 AM
Gold and silver and platinum will be worthless. Save up and stock up on this and be read for when the shit hits the fan and you will be happyAnonymous Coward7659
(2)
07/16/13
8:02 PM
07/17/13
8:31 AM
What are some good oils for deep massage?Cowboy4138N/A07/17/13
5:10 AM
07/17/13
5:33 AM
Gold price - is it inflated already?goldbuyer61,131N/A05/15/10
4:40 PM
07/17/13
12:20 AM
Peaceful g8 and Bilderburg Protesters get sound-shot, sprayed & rounded up like cattleredpillpower2191N/A07/16/13
8:49 PM
07/16/13
9:07 PM
Wow!!! TWA Flight 800 crash wasn’t due to gas tank explosion, former investigators claim
Page 1, 2, 3, 4
Tethered Soul1066,750
(32)
06/19/13
11:34 AM
07/16/13
6:18 PM
Harmless' GAS to be released on LONDON UNDERGROUND network this month to test 'SPREAD OF FALLOUT'! Terror Drill? Real World?
Page 1, 2
BL4CKJ4CK362,044
(6)
06/14/13
3:21 PM
07/16/13
12:52 PM
BREAKING!!! Fish Oil Supplements could increase cancer risk in men. Shoppers of GNC, Vitamin World, Vitamin Shoppe - BEWARE!
Page 1, 2
Anonymous Coward583,168
(7)
07/15/13
10:20 AM
07/16/13
10:06 AM
Texas pumping more oil than some OPEC countries...ready for straight of hormuz shutdown in the event of WAR???Uncle Fuck Stick6313
(1)
07/10/13
7:24 PM
07/15/13
11:14 PM
Comex silver futuresSikhed14630N/A07/15/13
8:48 PM
07/15/13
10:45 PM
Ha this lady is talking live right now about cotton picking in the fields etcAnonymous Coward10235
(4)
07/15/13
8:13 PM
07/15/13
10:44 PM
Roundup Ready" corn contains 13ppm of Glyphosate, FDA says 0.1ppm causes organ failure.Anonymous Coward16884
(8)
05/27/13
9:51 PM
07/15/13
8:17 PM
Oil coming up at giant sinkhole — Bottom now so deep, unable to measure with current equipment — Depth of over 500 feet in June was 140 ftGoofy for God16629
(4)
07/15/13
4:46 PM
07/15/13
5:49 PM
Western Crackpot Science: Syngenta charged over covering up animal deaths from GM cornBurning the Devil0130
(1)
07/15/13
5:10 PM
07/15/13
5:10 PM
The receding threat from 'peak oil'!!!!This is just GROSSGoofy for God13279N/A07/15/13
7:27 AM
07/15/13
8:05 AM
Does anyone know the difference between .999 Fine Silver and .999 Pure Silver?Anonymous Coward71,623
(1)
04/15/11
11:04 PM
07/15/13
6:46 AM
Breaking. Major huge oil discovery in Oz. Look out Saudi Arabia, this will knock you off the perch.Anonymous Coward17774
(1)
07/14/13
10:37 PM
07/15/13
3:14 AM
Aging oil pipelines a threat to the Great LakesOil and Water076N/A07/15/13
12:42 AM
07/15/13
12:42 AM
Gas Explosion in Russia *Close Footage* Extreme!Anonymous Coward5244
(1)
07/14/13
11:18 PM
07/14/13
11:47 PM
BREAKING:..ANOTHER OIL WELL MALFUNCTION...Loss of CONTROL OF WELL ....OIL FLOWING INTO OCEAN ,..Gulf Of MEXICO ...UPDATE: SUPPOSEDLY PLUGED
Page 1, 2, 3, 4, 5
Uncle Fuck Stick13310,731
(32)
07/09/13
5:24 PM
07/14/13
10:03 PM
Selling gold/silver in Canada - Anybody here with experience?wisc_natureboy10276N/A07/10/13
9:17 PM
07/14/13
5:57 PM
Simulation Shows Solar System Once had an Extra Gas Giant
Page 1, 2, 3, 4
Anonymous Coward973,259
(10)
07/12/13
10:02 AM
07/14/13
4:06 PM
UAE oil spill causes 2km of damageGoofy for God1105
(2)
07/14/13
9:49 AM
07/14/13
3:47 PM
Mental Note...buy metal detector... NOW....Aussie Strikes Gold!Anonymous Coward7406
(2)
01/17/13
3:10 PM
07/14/13
2:55 PM
New York City is Ticking TimeBomb- Terrorist Gas Drill Fake- COVER-UPReptilianReport2182N/A07/14/13
11:15 AM
07/14/13
12:46 PM
Scatch me Oil...Anonymous Coward162
(3)
07/14/13
7:47 AM
07/14/13
8:12 AM
What to pour into Central Air / Furnace Gas Vent of Ass Ho neighboritried2bnice15372N/A07/13/13
7:11 PM
07/13/13
9:01 PM
NYC - MTA Gas Test Backfires! New Yorkers Are Angry, And Rightly So!
Page 1, 2
Anonymous Coward523,101
(15)
07/13/13
10:50 AM
07/13/13
7:34 PM
I won the Olympic gold medal in Calvinball. Ask me a question!Anonymous Coward049N/A07/13/13
6:30 PM
07/13/13
6:30 PM
HOLY CRAP - price of gas is rising (again)Anonymous Coward298N/A07/11/13
5:38 PM
07/13/13
2:52 PM
NYC-MTA releases notifications about side effect of "gas release" and its not pretty! PEOPLE ARE MAD
Page 1, 2, 3, 4
Citratox1048,425
(35)
07/09/13
11:54 PM
07/13/13
12:59 PM
Is everyone going to get stopped out of Gold ? Jim Willie is hinting it as he says China owns well over 10,000 tons of gold bullion in reservesAnonymous Coward3261N/A07/13/13
11:23 AM
07/13/13
12:39 PM
Royal birth will be celebrated by release of silver £5 coin with image of George and the Dragon?0190N/A07/13/13
12:32 PM
07/13/13
12:32 PM
Father and son doused boy, seven, in gas and lit him on fire - while videotaping it Rburnstopburn0112N/A07/13/13
11:38 AM
07/13/13
11:38 AM
Gas levels prevent workers from attempting to stop leak in Gulf of Mexico — Well was already in trouble a day before — Six Coast Guard vesselsGoofy for God6248
(2)
07/12/13
5:46 PM
07/13/13
10:07 AM
Gold posts biggest weekly gain in nearly two yearsUncle Fuck Stick1136N/A07/13/13
9:22 AM
07/13/13
9:31 AM
Million in silver or FRN'sAnonymous Coward4185N/A07/13/13
12:20 AM
07/13/13
12:39 AM
Silver Circle' Dystopian Movie about American Hyperinflation is out on iTunes in Canada, UK, New Zealand, Ireland, and AustraliaAnonymous Coward1217N/A07/12/13
2:16 PM
07/12/13
9:36 PM
Motorcyclist risks life to save a coffee cupAnonymous Coward3110
(1)
07/12/13
6:41 PM
07/12/13
6:46 PM
70 DOLLARS PER BARREL Oil Coming Soon! - What goes up MUST come down!prichard0728854266
(2)
07/12/13
10:25 AM
07/12/13
5:27 PM
Finance kroo please explain: why would low interest rates turn ppl towards gold?Anonymous Coward0118N/A07/12/13
3:02 PM
07/12/13
3:02 PM
WTI-BRENT OIL SPREAD KEEPS ON SHRINKING!!! WTI / Brent shrinks to $3 per barrel, first time since 2010...Luisport6190N/A07/10/13
7:46 AM
07/12/13
1:55 PM
Taking omega-3 fish oil increase the risk of prostate cancer by 70%danes1191,023
(2)
07/12/13
6:04 AM
07/12/13
11:40 AM
COAST GUARD: CREW LOSES CONTROL OF NATURAL GAS WELL, BIBLICAL TIES!!LeosOfTheUniverse2180N/A07/11/13
5:54 PM
07/12/13
6:07 AM
Fast gas tsunami rages on surface of the sun, very rare...told ya1292N/A07/12/13
4:42 AM
07/12/13
4:46 AM
Quackity quack: Eight evil genius ways to fake a vitamin study (and scare consumers into being afraid of fish oils)Anonymous Coward20428N/A07/11/13
8:19 PM
07/11/13
11:11 PM
Gas prices expected to surge again soonHardwired18327
(3)
07/11/13
6:42 PM
07/11/13
9:57 PM

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