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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 slump drags Asian stocks lower, Tokyo leads losesUncle Fuck Stick1207N/A12/14/14
11:12 PM
12/14/14
11:15 PM
Muslims think we are cattleAnonymous Coward7263
(1)
10/23/14
8:45 PM
12/14/14
9:40 PM
Crude Oil Prices 1861 - 2008Anonymous Coward14502
(3)
05/20/08
2:17 AM
12/14/14
9:02 PM
Russia’s $50 Billion Repo Pledge Fails to Halt Ruble Drop on Oil...IF THE WORLD DROPS THE PETRODOLLAR WE'LL HAVE A HOT WAR IN A WEEKUncle Fuck Stick141,339
(2)
10/16/14
7:05 AM
12/14/14
8:05 PM
Oil price drop... I know why it started... But who can tell me the future ????Cryptananiro9324N/A12/14/14
7:23 PM
12/14/14
7:55 PM
Futures open oil down 1.2%Anonymous Coward0168N/A12/14/14
6:02 PM
12/14/14
6:02 PM
CAN A MINI DEPRESSION HAPPEN BECAUSE OF OIL DOOM?blackraven18713
(1)
12/14/14
3:45 PM
12/14/14
5:48 PM
Oil doom explained LINK INSIDEblackraven17782
(4)
12/10/14
9:46 PM
12/14/14
4:29 PM
Oil Import TaxADEND3285
(1)
12/14/14
3:16 PM
12/14/14
4:15 PM
The Girl That Got Burned Bought An Unusual Amount Of GasAnonymous Coward18808
(1)
12/14/14
2:13 PM
12/14/14
4:14 PM
How much silver?Anonymous Coward221,201
(1)
12/13/14
8:25 PM
12/14/14
3:26 PM
Rockefeller sold oil investment 22.9Anonymous Coward1226
(2)
12/14/14
12:53 PM
12/14/14
12:57 PM
Asian markets open in 10 hours let the Oil rot continueAnonymous Coward1285N/A12/14/14
8:58 AM
12/14/14
9:01 AM
Sprott Launches Physical Silver Mutual Fund, Will Likely Soak Up Much Marginal Silver InventoryAnonymous Coward2499N/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 Coward0137
(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?MonocyteOne11861
(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, mmkay0288N/A12/13/14
5:31 PM
12/13/14
5:31 PM
Silvertards rejoice Ive found silver!The Veracity Sector19871
(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 Coward401,310
(2)
12/12/14
5:39 PM
12/13/14
2:32 PM
Silver to the moon!!!!Anonymous Coward131,164
(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 economyAnonymous Coward1252N/A12/13/14
10:34 AM
12/13/14
11:12 AM
What are the implications of oil carsh ?mama2253N/A12/13/14
9:56 AM
12/13/14
10:40 AM
PRICE OF OIL DROPPING LIKE A ROCK! DOWN nearly 4% today!Nyarlathotep2363
(1)
12/12/14
12:11 PM
12/13/14
3:11 AM
oil below 60 and falling!!!!1cnnfn.com3332N/A12/12/14
12:25 AM
12/13/14
2:35 AM
HUGE **** Maguire - This Is What Has The Gold Shorts So TerrifiedTeutony3336N/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 Coward321,061
(7)
06/12/10
4:11 PM
12/12/14
8:34 PM
Serious question about the DOW and Gasoline pricesDP12200161N/A12/12/14
8:25 PM
12/12/14
8:25 PM
Dow down 300 ..oil down over 3%!!
Page 1, 2, 3
Halcyon Daze786,179
(10)
12/12/14
2:27 PM
12/12/14
8:19 PM
Peak Oil is here! I paid 2.42 for a gallon of gas today. OMG!!! Ask me a statement?Turnt Up for What1188
(1)
12/12/14
4:53 PM
12/12/14
4:58 PM
White Powder Gold DESTROYS DNA & Pyschic Abilities long termAnonymous Coward213,875
(3)
03/10/11
9:38 PM
12/12/14
4:17 PM
Cars powered by natural gas also putting a dent in oil demandUndestroyer7435N/A12/12/14
9:48 AM
12/12/14
4:12 PM
LOL, Big Oil Companies :) Going Bankrupt on Cheap Oil :) WHOOPEE!UnitedOompaLoomp​as0190N/A12/12/14
3:04 PM
12/12/14
3:04 PM
Gas going lower will cause riots?aplwanabes133353N/A12/12/14
1:40 PM
12/12/14
2:36 PM
India crashed oil price to $60/barrel....Anonymous Coward8491
(10)
12/11/14
2:33 PM
12/12/14
2:17 PM
How can I buy a car that runs on natural gas?DP122017390N/A12/12/14
10:12 AM
12/12/14
12:37 PM
The last time Oil traded below$60, Gold was between $800-$900Anonymous Coward0195
(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 Coward3277N/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 THINKER5416
(1)
12/12/14
10:01 AM
12/12/14
11:05 AM
Books of Gold - What if going viral isnt good enough?Phive3354
(2)
12/11/14
10:05 AM
12/12/14
10:54 AM
DEADLY TRAIN CRASH !!! 80 CRUDE OIL TANKERS INVOLVED...Anonymous Coward5510N/A07/07/13
8:24 AM
12/12/14
9:15 AM
Oil Rout turns into a Stampede Ultra Bear Market $10Anonymous Coward13664
(3)
12/12/14
6:53 AM
12/12/14
7:26 AM
Didn't oil drop to $59 today?Anonymous Coward5266N/A12/12/14
1:48 AM
12/12/14
1:53 AM
Besides Russia, what other reasons for the drop of oil price?Anonymous Coward1217N/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
TripleH513,405
(14)
12/11/14
2:30 PM
12/11/14
9:40 PM
Time Magazine: April 14, 1986 Good News! Cheap Oil! Bad News Cheap Oil!!Anonymous Coward2307
(1)
12/11/14
6:04 PM
12/11/14
9:09 PM
Coast Guard investigating oil spill in Sandy Hook Bay, New JerseyKickAzCarlin0164N/A12/11/14
8:22 PM
12/11/14
8:22 PM
SWAT incident near Copper Basin AZ in Pinal CountyAnonymous Coward0259N/A12/11/14
7:24 PM
12/11/14
7:24 PM
Another oil question for the pros....? please and thank youAnonymous Coward15480N/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 magognicolaem5460N/A12/11/14
5:28 PM
12/11/14
5:56 PM
OIL Hits the 50's! How low can it go?!!Nyarlathotep30881
(1)
12/11/14
4:04 PM
12/11/14
5:49 PM
oil questions for the pros....?
Page 1, 2
Anonymous Coward331,050
(2)
12/10/14
10:22 AM
12/11/14
5:41 PM
Now some GOOD news! Gas prices are still going down YAY!!DP12202204N/A12/11/14
4:29 PM
12/11/14
4:34 PM
Oil drops below $60 for first time since 2009Anonymous Coward2177
(2)
12/11/14
3:02 PM
12/11/14
3:10 PM
OIl under $60Anonymous Coward2211N/A12/11/14
3:00 PM
12/11/14
3:07 PM
How do you like your coffee ?
Page 1, 2, 3
Anonymous Coward871,578
(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 Coward13795
(3)
12/11/14
11:22 AM
12/11/14
12:14 PM
Oil price going down, lets thank Barack Obama!Anonymous Coward12683
(5)
12/11/14
4:55 AM
12/11/14
10:31 AM
GOLD" STAR'S HERE ARE BUTT-FUCKING CHAT!!!!Citizenperth6500N/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 Camel8448
(2)
12/10/14
11:21 PM
12/11/14
1:04 AM
COMMODITIES AS AN INDICATORkarl_gerbschmidt7397
(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 Coward3326N/A12/10/14
1:19 PM
12/10/14
8:25 PM
The Oil-By-Rail Problemtech_bonus6305
(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
Anonymous Coward14714,347
(26)
12/02/14
9:59 AM
12/10/14
5:36 PM
Mumbai oil spill, toxic fumigants threaten ecologyIndian_Believer2289N/A08/11/10
4:34 PM
12/10/14
5:07 PM
Oil spill off the coast of Mumbaidanes11242N/A08/08/11
11:12 AM
12/10/14
5:05 PM
Oil down over 5%....Dow down...268...Dead Cat Bounce Done: ZerohedgeHalcyon Daze20614
(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
Anonymous Coward542,693
(9)
12/10/14
12:06 PM
12/10/14
3:42 PM
Oil/61 dollars!messi1712614
(1)
12/10/14
9:09 AM
12/10/14
10:38 AM
Heart of Gold...
Page 1, 2, 3
141674,434
(28)
12/08/14
4:38 PM
12/10/14
10:14 AM
Fuck you Oil Company!Anonymous Coward0308N/A12/10/14
10:08 AM
12/10/14
10:08 AM
Yo, whassup? Gold? Silver?MrThistle24681
(1)
12/09/14
11:11 AM
12/10/14
8:57 AM
Israel caught stealing gas from Lebanon. No surprise.
Page 1, 2
ZyklonB35679
(14)
12/09/14
7:23 PM
12/10/14
7:39 AM
ALL commodities are DOWN HARD !!!!Whiterabbit R.O.111,222N/A11/30/14
10:33 PM
12/09/14
11:05 PM
Robbed 8oz of gold from neighbor
Page 1, 2, 3
Anonymous Coward652,684
(2)
12/09/14
3:00 AM
12/09/14
9:57 PM
CHLORINE GAS ATTACK IN CHICAGO !!!! PIN!
Page 1, 2
Anonymous Coward445,177
(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 Coward0215N/A12/09/14
3:35 PM
12/09/14
3:35 PM
Brushing your teeth with Coconut Oil?30Aut6221,712
(2)
12/08/14
3:16 PM
12/09/14
1:21 PM
Oil Oil OilLimpan1298
(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!!!Limpan3504N/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
TripleH12220,980
(14)
11/06/14
10:23 PM
12/09/14
8:34 AM
Oil Prices continue to divedocsquat2297
(1)
12/09/14
7:56 AM
12/09/14
8:05 AM
Silver Update 11/30/14 Dystopian PropheciesAnonymous Coward3441
(2)
12/07/14
11:17 AM
12/09/14
2:21 AM
How 6 Key Commodities Moved Against 9 Major CurrenciesAnonymous Coward2311N/A12/08/14
10:20 PM
12/08/14
10:44 PM
TODAYS Low gas prices & collapsing Russian economy predicted EXACTLY in 2012Anonymous Coward7567
(1)
12/08/14
5:53 PM
12/08/14
10:43 PM
Another Long Week For Oil? Futures Down .89 (1.34%) AlreadyAnonymous Coward241,146
(4)
12/07/14
7:44 PM
12/08/14
9:37 PM
Coconut OilMook141,242
(3)
12/08/14
3:20 PM
12/08/14
9:35 PM
Palo Alto, CA. Poluce requesting gas masks and batonsAnonymous Coward1213N/A12/08/14
8:57 PM
12/08/14
9:18 PM
Peak Oil is TRUE. Economic collapse dead aheadSeanjohn131,174
(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 THINKER0203N/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
DoorBert694,013
(18)
12/24/13
5:51 AM
12/08/14
7:20 PM

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