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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
Kitco Jon (I Hate Gold) Nadler FIRED!Anonymous Coward4693
(3)
02/01/13
4:56 PM
02/02/13
1:18 PM
Iranian Oops: Has Washington Broken its Own Sanctions by Buying Oil from the Islamic Republic?Anonymous Coward179N/A02/02/13
8:28 AM
02/02/13
8:44 AM
Everybody in the Industry Knows the U.S. Doesn’t Have the GoldAnonymous Coward0113N/A02/02/13
4:55 AM
02/02/13
4:55 AM
Rising gasAnonymous Coward180N/A02/01/13
3:11 PM
02/01/13
3:25 PM
Strongman VIDEO REPORT: Argentina 25% INFLATION but you can´t buy foreign currency. 4 EXCHANGE rates. You can´t buy gold ... watch it
Page 1, 2, 3
Anonymous Coward642,649
(38)
01/16/13
9:25 PM
02/01/13
1:43 PM
GOLD RUN? 43 TONNES OF GOLD STAND FOR FEBRUARY DELIVERY ON 1ST NOTICE DAYAnonymous Coward1193
(1)
02/01/13
1:17 AM
02/01/13
12:58 PM
The frightening reason one country could be bringing home its goldwaht0150N/A02/01/13
8:03 AM
02/01/13
8:03 AM
25 dead, 101 hurt in Mexico oil company blastAnonymous Coward061N/A02/01/13
1:05 AM
02/01/13
1:05 AM
GMO Wheat is not real wheat.Lars1184
(1)
01/26/13
6:36 AM
01/31/13
11:58 PM
GMO RoundUp Ready Sweet Corn to hit the shelves next year...Anonymous Coward93,022
(7)
10/28/11
7:21 AM
01/31/13
10:04 PM
Gold, Mali, The French, The Yuan, The Dollar, The Drones and Africa what the hell is going on ? Answers here !Anonymous Coward2206
(1)
01/31/13
5:36 PM
01/31/13
9:24 PM
Cow on a gas tankAnonymous Coward1102
(1)
01/31/13
6:38 PM
01/31/13
8:56 PM
BREAKING!! Mexican oil giant Pemex's headquarters evacuated after explosionAnonymous Coward9182
(1)
01/31/13
6:00 PM
01/31/13
8:49 PM
I am 23 and my hairn is turning grey/silver
Page 1, 2
Anonymous Coward32447N/A01/31/13
5:55 PM
01/31/13
7:42 PM
Reinstatement sought for silver market rigging class-action lawsuit against JPMAnonymous Coward4179N/A01/25/13
11:15 PM
01/31/13
7:20 PM
Reinstating the Gold and Silver Standard means BIG PROFITS $6000 / $500 )))) ) ) ) )Dire Roach14983
(3)
05/11/11
10:31 PM
01/31/13
7:18 PM
G.M. Wheat Engineered to Make You Fat!DanaKaye0112N/A01/31/13
6:17 PM
01/31/13
6:17 PM
Deju vu? 3 injured in San Diego explosion after suspects light cigarette near hash oilmrmuffins69388N/A01/31/13
5:19 PM
01/31/13
5:49 PM
Radioactive Cattle Found Near FukushimaChildren of the Atom10186
(3)
01/31/13
1:40 AM
01/31/13
2:35 PM
Iranian oil trade booming, China top buyerAnonymous Coward141N/A01/31/13
2:24 PM
01/31/13
2:29 PM
Shell found guilty for oil spill in Nigeria, sabotage or rust?mrmuffins69892N/A01/31/13
9:54 AM
01/31/13
10:55 AM
silver and gold manipulation today pump on open dump at 12:30 FOMCAnonymous Coward15443
(1)
01/30/13
12:27 PM
01/31/13
10:39 AM
Radioactive cattle, near Fukishima DaichiAnonymous Coward056N/A01/31/13
8:44 AM
01/31/13
8:44 AM
Its ON! GOLD BANK RUN ACCELERATING…NOW THE SWISS WANT THEIR GOLD BACK- ALL 1040 TONS OF IT!gebahie6416
(3)
01/25/13
5:50 AM
01/31/13
5:59 AM
While Under Sanctions Iranian Oil Exports IncreaseChildren of the Atom175N/A01/31/13
2:00 AM
01/31/13
2:49 AM
The biblical false covenent....mega oilnicolaem473
(1)
01/30/13
12:59 PM
01/30/13
6:48 PM
gas pricesAnonymous Coward068N/A01/30/13
5:06 PM
01/30/13
5:06 PM
South Carolina: There's a coffee shop out there where every customer pays for the next customer's coffeesmilesun18500
(2)
01/27/13
12:57 PM
01/30/13
1:10 PM
Silver and gold chucking a boner. Anyone know what's up?Anonymous Coward21737
(3)
01/30/13
8:43 AM
01/30/13
12:10 PM
BAYOU CORNE Jan.26 FLYOVER - Not looking good there.
Page 1, 2
amachiavellian351,355
(5)
01/27/13
9:40 AM
01/30/13
11:41 AM
I have 100k in good and silver, what prepped wants to take me in
Page 1, 2
Anonymous Coward35545
(1)
01/30/13
8:00 AM
01/30/13
10:50 AM
The Health Benefits of Oil PullingPerson4452298N/A01/28/13
10:32 PM
01/30/13
10:38 AM
French and British in Mali to seize their gold. Mali is the 3rd largest producer of gold in Africa.Anonymous Coward24541
(3)
01/29/13
8:00 AM
01/30/13
12:51 AM
Is This The Big One? China Finally Admitting They Are Launching A Gold Backed Currency For World Trade?!?!?
Page 1, 2, 3, 4, 5, 6, 7
Saddletramp1819,236
(25)
01/28/13
2:25 PM
01/29/13
7:35 PM
Gold buying advice to UK investor please (pro and con)
Page 1, 2
Anonymous Coward39448N/A01/29/13
4:37 PM
01/29/13
6:25 PM
Smokers light up at Texas oil storage facility, tanks explode, official saymrmuffins694168N/A01/29/13
6:16 PM
01/29/13
6:20 PM
BP Wins $4 Billion Approval of Guilty Plea Over Biggest Offshore Oil Spill in U.S. Historyfuturetoday050N/A01/29/13
3:31 PM
01/29/13
3:31 PM
Oil facility explosion in Van Zandt County ((TexasGoofy for God10520N/A01/29/13
7:44 AM
01/29/13
2:51 PM
Could this be where al the GOLD has been used for??Anonymous Coward1213
(1)
01/29/13
11:06 AM
01/29/13
11:08 AM
Pretty infographic of gold and the Royal mint in the UK for those interested...Anonymous Coward083N/A01/29/13
10:41 AM
01/29/13
10:41 AM
Silver Madness
Page 1, 2
Anonymous Coward461,537
(3)
01/27/13
8:31 PM
01/29/13
9:55 AM
CAN SOMEBODY PLEASE MAKE A POLL FOR ME - SILVER/GOLD QUESTIONAnonymous Coward10212N/A01/29/13
8:30 AM
01/29/13
9:09 AM
Just bought my first EVER bottle of sovereign silver nose spray... what should I expectEl Tiburon9500N/A01/28/13
1:40 PM
01/29/13
4:32 AM
Gold Scramble Driving Interest Rate Spike as Treasury-values Fall Steeply, Reflecting Asia Abandonment of US DollarOCCAM'S RAZOR8360
(1)
01/28/13
5:39 PM
01/28/13
11:21 PM
Bulletin: Swiss now want their gold back; 10,000 signatures shy of national referendumOCCAM'S RAZOR3148
(4)
01/28/13
10:24 PM
01/28/13
10:58 PM
First picture of one of two BA pilots who died within days of each other after complaining of long-term health effects of breathing in toxic oilLadydoom095N/A01/28/13
8:13 PM
01/28/13
8:13 PM
The disappearing goldanonymous0117
(1)
01/28/13
4:46 PM
01/28/13
4:46 PM
Up to 233 billion barrels of oil has been discovered in Australia could be worth trillions of dollars and turn it into the new Saudi ArabiaAnonymous Coward11307
(2)
01/28/13
10:00 AM
01/28/13
3:36 PM
Mississippi River Barge Crash: Barge Carrying 80,000 Gallons Of Oil Hits Railroad Bridge, LeaksAnonymous Coward198N/A01/28/13
2:19 PM
01/28/13
2:35 PM
Silver Panic Imminent? Apple Contractor Claims New iMac Production Delayed Over Silver Shortage!Anonymous Coward161,071
(8)
01/18/13
10:17 AM
01/28/13
11:58 AM
Attack on oil pipeline 70 kilometers east of AlgiersBeetlejuice6169
(1)
01/28/13
8:09 AM
01/28/13
11:07 AM
Trillions of dollars worth of oil found in Australian outback
Page 1, 2
Anonymous Coward351,014
(5)
01/27/13
2:45 AM
01/28/13
5:53 AM
40 children hospitalized after gas leak at school in Nashville!!!Dr. Charles Norris15228N/A01/15/13
11:06 AM
01/28/13
3:13 AM
OIL SPILL. MISSISSIPPI RIVER!Slick0105N/A01/28/13
12:35 AM
01/28/13
12:42 AM
And so it begins.... Iran has just halted oil exports to the EU (during the EU's coldest winter in 33 years)Anonymous Coward20661
(5)
01/27/13
6:00 PM
01/27/13
11:03 PM
The Cuervo Gold. The fine Colombian.Anonymous Coward4176
(2)
01/27/13
9:22 PM
01/27/13
9:33 PM
Two top British Airways pilots 'killed by toxic oil fumes': Ill pair both complained of exposure to contaminated cockpit air!!!Anonymous Coward0124N/A01/27/13
8:45 PM
01/27/13
8:45 PM
silver coin was sold for record $10 millionAnonymous Coward9326
(2)
01/25/13
4:04 PM
01/27/13
8:32 PM
Max Keiser: Why Foreigners Are Pulling Their GoldPetrus0167N/A01/27/13
6:14 PM
01/27/13
6:14 PM
Saturday Night Live does a very "strange" skit -- no one knows what it means...watch bayou corne / Louisiana for the next few weeks
Page 1, 2, 3, 4, 5
Blackhawkie13914,415
(18)
12/10/12
4:43 AM
01/27/13
1:29 PM
Iranian Oil Tanker Security Guards clash with Somali pirates ( amateur footage )Anonymous Coward221,262
(6)
01/26/13
4:05 AM
01/27/13
1:13 PM
Reports of field gas (methane) in the soil in Santa Maria CaXorizov10191
(3)
01/19/13
3:22 PM
01/27/13
12:57 PM
BREAKING! Increased seismic activity at the Bayou Corne Sinkhole this morning!
Page 1, 2, 3
Earth Cries644,605
(25)
01/19/13
1:10 PM
01/27/13
10:50 AM
Not one but two companies have now decided that they’re going to mine asteroids to collect gold and platinumsmilesun7196N/A01/27/13
4:58 AM
01/27/13
6:09 AM
Major oil discovery off Northern Ireland coastAnonymous Coward396N/A01/27/13
1:54 AM
01/27/13
1:59 AM
Besides oil, Islamic societies offer absolutely nothing! ZILCH.Anonymous Coward8177
(4)
01/27/13
12:20 AM
01/27/13
1:12 AM
Anybody ever try ' oil of turpentine ' for healing purposes?Anonymous Coward4160
(1)
01/26/13
10:48 AM
01/26/13
11:07 AM
20 trillion in oil reserves found in south Australia. Will America free the shit out of us???Hellsbells29720
(4)
01/26/13
7:27 AM
01/26/13
10:33 AM
World Gold Council has now confirmed the Chinese are going to back the yuan with gold.
Page 1, 2
No Dhimmi472,446
(20)
01/25/13
2:37 PM
01/25/13
10:27 PM
Major gas lines installed through Newtown and Sandy HookAnonymous Coward9350
(2)
01/25/13
4:35 PM
01/25/13
8:18 PM
Compressed gas at the pump, "i think i'll pass" !!!Anonymous Coward180N/A01/25/13
7:53 PM
01/25/13
7:55 PM
What's going on with the BP Oil Spill?Anonymous Coward069N/A01/25/13
1:58 PM
01/25/13
1:58 PM
Egypt security forces fire tear gas at protesters near presidential palaceJUST HERE388
(3)
01/25/13
1:28 PM
01/25/13
1:35 PM
Rutt Row !! Now the Swiss want their Gold back ....Here we go folks !! GOLDGATE !
Page 1, 2, 3
Anonymous Coward784,393
(21)
01/25/13
1:36 AM
01/25/13
1:02 PM
GOLD BANK RUN~Venezuela, Germany, Netherlands Now Switzerlandpool11343
(5)
01/25/13
11:32 AM
01/25/13
12:31 PM
Oil DEREGULATION Discussionpool166
(2)
01/25/13
12:06 PM
01/25/13
12:07 PM
PREDICTABLE: Like clockwork, the Friday morning silver beating has begun... get ready to buy more.Present and Aware0153N/A01/25/13
10:47 AM
01/25/13
10:47 AM
Australia sitting on $20 trillion worth of oil, may become a self-sufficient oil power
Page 1, 2
Anonymous Coward33616
(3)
01/25/13
6:28 AM
01/25/13
8:52 AM
Trillions of dollars worth of oil found in AustraliaTess20124128N/A01/25/13
8:14 AM
01/25/13
8:24 AM
Underground natural gas pipeline explosion rocks town, destroys street [China]Blackhawkie0120
(1)
01/25/13
7:11 AM
01/25/13
7:11 AM
A French submarine was just sunk in the Bayou Corn hole!Anonymous Coward0215
(4)
01/24/13
11:09 PM
01/24/13
11:09 PM
ALERT!!! EARTHQUAKE ACTIVITY NOW at Bayou Corne Assumption Parish -- ground is sinking FAST!!Anonymous Coward3511
(4)
01/24/13
10:36 PM
01/24/13
10:55 PM
Massive Squeeze Coming As WGC Confirms Gold-Backed YuanAnonymous Coward4195
(1)
01/24/13
6:36 PM
01/24/13
6:53 PM
Colloidal silver and catsAnonymous Coward9511
(1)
01/24/13
4:02 PM
01/24/13
4:47 PM
Google oil oddyssy you tube and see the key to the coming battle at armageddonnicolaem069N/A01/24/13
3:32 PM
01/24/13
3:32 PM
Silver shortage grows!Anonymous Coward10379N/A01/24/13
1:27 PM
01/24/13
1:53 PM
I had another dream, this time EMPs and $200/gallon gasAnother Anonymous Coward!17876
(2)
11/24/10
12:37 PM
01/24/13
1:42 PM
SA untapped oil may be worth $20 trillion (Aust)miffed5257
(1)
01/23/13
8:01 PM
01/24/13
8:37 AM
CIA Operative Takes Responsibility for Algerian Gas Plant AttackDoorBert3214
(2)
01/24/13
6:47 AM
01/24/13
7:24 AM
Rawdog sells 1500 oz of silver today, good decision or not?Anonymous Coward0135
(1)
01/23/13
11:45 PM
01/23/13
11:45 PM

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