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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
2024= 321 hours of work for 1 oz gold | 1974= 90 hours of work for 1 oz goldThanks, jews!18226
(3)
04/10/24
11:42 AM
04/10/24
2:52 PM
A valuable lesson in exchanging bitcoin, gold or silver in the real worldCharlieFoxtrot0119
(1)
04/10/24
2:28 PM
04/10/24
2:28 PM
Here we go. Silver in Shanghai went LIMIT UP AND HALTED
Page 1, 2
jlee202732925
(6)
04/07/24
10:34 PM
04/10/24
2:15 PM
Why are TPTB allowing gold and silver prices to keep going up?
Page 1, 2
Anonymous Coward43903
(3)
04/09/24
11:19 PM
04/10/24
8:48 AM
The moon is a ball of gas????Anonymous Coward6191
(5)
04/10/24
7:53 AM
04/10/24
8:24 AM
In every real collapse there is a "surrender your gold" momentAnonymous Coward2114N/A04/10/24
2:46 AM
04/10/24
2:52 AM
WTF!! Costco Selling Up To $200 Million In Gold Bars Per Month,TIO JUAN2157
(3)
04/10/24
1:33 AM
04/10/24
1:52 AM
Time to cash in my gold for retirement. I'm selling really faster than I thought at $2300/ pound. They're not even grumbling about the $34 fOnly 28 pounds left9187
(3)
04/09/24
8:49 PM
04/09/24
10:01 PM
Oil pulling for root canal potential cure…. Question… help!!!! No one seems to specify this one detail….
Page 1, 2
Help?33644
(3)
04/09/24
4:15 PM
04/09/24
8:29 PM
Dropping 20k on a 2x silver etf tomorrow, planning on holding for at least 10 months
Page 1, 2
Northern Rebel59814
(1)
04/04/24
11:42 PM
04/09/24
12:01 PM
Gold $2395/ounce todayAnonymous Coward8166
(1)
04/09/24
7:56 AM
04/09/24
10:45 AM
Silver now breaks $28Anonymous Coward14267
(1)
04/09/24
6:41 AM
04/09/24
9:24 AM
Oil is power, CO2 is food. Globalists want control of both, Great Read!!!!Coastie Patriot064
(1)
04/09/24
9:00 AM
04/09/24
9:00 AM
The Bitcoin - Gold ConspiracyAnonymous Coward16468
(6)
04/09/24
12:48 AM
04/09/24
4:14 AM
I just thought of a way to lower carbon and emissions and all that. Stop putting corn syrup in ALL OF THE FOOD.Anonymous Coward254N/A04/08/24
11:12 PM
04/08/24
11:35 PM
Mechanics: What could cause an oil/grease leak and smoke on the inside of a rear 4x4 wheel?BoatyMcBoatface21211
(2)
04/08/24
6:43 PM
04/08/24
7:37 PM
BRITISH COPPERSkullduggery5192
(2)
04/08/24
8:59 AM
04/08/24
6:12 PM
It begins: Gas main ruptures in the Bronx, highway shut down
Page 1, 2
Rev El Haitian562,976
(12)
04/08/24
11:12 AM
04/08/24
5:33 PM
Silver gained $1+ yesterday.Anonymous Coward10226
(3)
04/02/24
8:26 PM
04/08/24
4:26 PM
Expect gold prices to skyrocket due to NIBIRU
Page 1, 2
cameljockey loves gold334,125
(17)
07/24/06
11:58 PM
04/08/24
3:16 PM
INSIDER INTEL from an TRUMP Campaigner ( SPILLS THE BEANS ) says 'COVID VACCINES' are DELIBERATE GENOCIDE of US CATTLE
Page 1, 2, 3, 4, 5, 6
( this is not a joke )1546,849
(66)
03/31/24
2:53 AM
04/08/24
2:51 PM
Did anyone else notice the gold fringed American flag Beyonce is holding?Anonymous Coward192N/A04/08/24
11:41 AM
04/08/24
11:43 AM
Be very cautious there's a snake oil salesman in here
Page 1, 2
Anonymous Coward31592
(4)
04/08/24
8:53 AM
04/08/24
11:08 AM
Just Stop Oil block the wrong driver in London, England.Skullduggery24605
(4)
04/08/24
8:21 AM
04/08/24
10:02 AM
What are commodities going to do when Asia opens at 6Anonymous Coward3130
(1)
04/07/24
5:23 PM
04/08/24
9:26 AM
Silver LIMIT UP in China 7% in a few hours !!!!
Page 1, 2
Northern Rebel551,670
(9)
04/07/24
10:38 PM
04/08/24
9:25 AM
The Entire Push To Halt New Natural Gas Exports Traces Back To One Ivy League Prof And His Shaky StudyCoastie Patriot050
(1)
04/08/24
8:18 AM
04/08/24
8:18 AM
Coffee and spiritualityAnonymous Coward29494N/A03/25/24
5:45 AM
04/08/24
6:49 AM
Put silver back in the coinageAnonymous Coward7254
(5)
03/18/24
9:13 PM
04/08/24
3:16 AM
Coffee and a cigarette -- ftw!
Page 1, 2
Anonymous Coward46732
(5)
07/12/19
11:39 AM
04/07/24
11:44 PM
Hot oil poured over rivals and forcing inmates to read the Quran: How Muslim extremists have won brutal gang war in British prisons as caged jihaSkullduggery13250
(5)
04/07/24
5:37 PM
04/07/24
9:13 PM
Gold down to $2310 and ounceAnonymous Coward7208
(1)
04/07/24
6:38 PM
04/07/24
7:22 PM
Breaking Tweet from Wall Street SilverArmageddon-Thru-To-You1143
(2)
04/07/24
5:17 PM
04/07/24
5:24 PM
Mexican Oil Platform Explosion!!!MJJW18707
(2)
04/06/24
9:34 PM
04/07/24
3:23 PM
Iran Seizes $50 Million Oil Cargo from Advantage Sweet in Retaliation Against US SanctionsEmeraldlight069N/A04/07/24
11:56 AM
04/07/24
11:56 AM
Gas prices spiking again... It's insane in Chicagoland!Anonymous Coward29563N/A04/07/24
7:25 AM
04/07/24
9:59 AM
Extremely Rare' Gold Medieval Artifact Found in Bowels of CastleEmeraldlight3309
(6)
04/07/24
12:11 AM
04/07/24
8:47 AM
The first rule of war is to never volunteer for anything. If I do, there had better be some gold.Anonymous Coward183N/A04/07/24
1:18 AM
04/07/24
1:28 AM
Theres gold everywhereAnonymous Coward0133N/A04/07/24
1:20 AM
04/07/24
1:20 AM
Police Laugh and Brag About the Over 30 Motorcycles They Confiscated From People Who Can Longer Afford Gas Prices and Registration Feesdr0id098N/A04/07/24
12:17 AM
04/07/24
12:17 AM
Just got done making my own pizza from scratch (Flour, water, olive oil - hand grated cheese block) pepperoni sliced from deli AND STILL COST $10F you Joe Biden10191
(1)
04/06/24
10:58 PM
04/07/24
12:05 AM
I be Corn Pops. Whatchu talkin bout Succa?Corn Pops20517
(2)
09/21/19
11:53 PM
04/06/24
4:30 PM
A Signed Fani Willis COFFEE CUP!!!!
Page 1, 2
Miss Boy411,378
(13)
04/06/24
7:04 AM
04/06/24
1:09 PM
EVs, electric vehicles, are a thing of the past. They sucked, now exponentially produce many many more gas guzzlersAnonymous Coward152N/A04/06/24
8:21 AM
04/06/24
8:23 AM
Exclusive: California Emits More Greenhouse Gas Than All Other U.S. States CombinedEmeraldlight6162
(4)
04/06/24
12:45 AM
04/06/24
6:32 AM
Hey check out the tall platinum blonde on the elbowroomband live feed on yt, hot!Anonymous Coward18766N/A03/29/24
10:30 PM
04/06/24
2:28 AM
Peter Schiff on Record Gold PricesPsych5590
(2)
08/20/11
2:28 PM
04/06/24
2:27 AM
Iraqi Resistance attacks Haifa oil refineries, Golan military targetEmeraldlight0107
(4)
04/06/24
1:21 AM
04/06/24
1:21 AM
Halliburton gets contract to pry gold fillings from NO corpses´ teethAnonymous Coward7394
(1)
09/14/05
12:33 PM
04/05/24
11:14 PM
Transhumanist Snake Oil Dealer With Flashy Mark Of Beast Clot Shot Cocktails Are Whoresheep'd As Elixir Of Eternal Life GodsAnonymous Coward2183
(6)
09/30/23
8:58 AM
04/05/24
8:04 PM
Gold up $2,320 an ounce nowAnonymous Coward26433
(7)
04/05/24
10:56 AM
04/05/24
7:33 PM
Silver - $27.50+0.50+1.88% - ?Mr. Chimpington6177
(1)
04/05/24
4:44 PM
04/05/24
5:53 PM
Gold/SilverAnonymous Coward1140N/A11/24/23
2:41 PM
04/05/24
2:19 PM
Silver and Gold...Silver and Gold....Anonymous Coward2142
(1)
04/03/24
5:41 PM
04/05/24
2:18 PM
Gold and silver... something strange. No commercials on FM to buy PM's like usual when gold moves up like it has.Anonymous Coward3157
(1)
12/18/23
5:27 PM
04/05/24
2:17 PM
Gold and silver rocketing up
Page 1, 2
Anonymous Coward34939
(6)
12/13/23
2:37 PM
04/05/24
2:16 PM
Gold or silver
Page 1, 2
Au-Ag33690
(2)
04/02/24
2:39 PM
04/05/24
2:16 PM
Gold and silver drop on news of increased inflationAnonymous Coward11321N/A02/13/24
10:13 AM
04/05/24
2:16 PM
This Pandemic will cull all the Cattle & Chickens. "Bird Flu Detected In Cattle And Infects American, Largest Egg Facility Closes Due To SpreAnonymous Coward9211N/A04/04/24
8:48 PM
04/05/24
1:51 PM
Gold, Silver, Shitcoin goin up!Gonna be rich12495
(1)
01/02/24
12:51 AM
04/05/24
1:11 PM
Gold Smoking Out of the Gate!
Page 1, 2
Trouble Ahead42912
(4)
03/31/24
8:50 PM
04/05/24
12:59 PM
CBD Oil is hucus pocus homeopathy
Page 1, 2, 3, 4, 5, 6, 7, 8, 9, 10
Anonymous Coward27311,541
(68)
06/20/18
8:52 AM
04/05/24
11:29 AM
GOLDAnonymous Coward6184N/A04/03/24
5:50 PM
04/05/24
10:46 AM
Common gas used in hospitals may be linked to tumors and cancer and which states use itCoastie Patriot0128
(1)
04/05/24
8:18 AM
04/05/24
8:18 AM
Gas prices up 45 percent under Creepy JoeFugazi World6123N/A04/04/24
7:22 PM
04/05/24
6:16 AM
Venezuela Deploys Tanks, Armored Carriers To Guyana Border... (Oil war)Dangerous Times2168N/A02/11/24
6:12 AM
04/05/24
12:44 AM
Wow...biden has drained the Strategic Oil Reserve down to a 17 day supply and has cancelled the refill order
Page 1, 2, 3, 4, 5, 6
last one1804,750
(30)
04/03/24
3:24 PM
04/04/24
5:48 PM
Breaking news! Benjamin Netanyahu brings out a water cannon gas machine to use the kidnapping victims families!Anonymous Coward9243
(1)
04/04/24
12:35 PM
04/04/24
5:34 PM
Nationwide gas over $3.50 : Joe has no SPR he can dump on the market and opec cutting productionCoastie Patriot268
(2)
04/04/24
10:03 AM
04/04/24
11:08 AM
New York Slated To Become First State To Ban Natural Gas StovesTess.12402
(7)
05/03/23
7:50 AM
04/04/24
9:29 AM
WTF: Dramatic Dashcam footage shows a Female Driver Crashes Truck into Gas Pump at Local Gas StationSkid Marx18710
(8)
02/05/24
9:16 PM
04/04/24
7:32 AM
Small Gold and Lead Books Discovered in Saudi Arabia - Israelite HistoryAnonymous Coward4332
(2)
03/30/24
5:14 PM
04/04/24
12:30 AM
Just Sold 40oz Silver and Bought a Snowmobile!
Page 1, 2, 3, 4
Good Times1031,744
(7)
11/22/23
9:33 PM
04/03/24
11:33 PM
GLP Gold, Content Added to my 1st Post (Expecting to be Dissed by Trolls)MustRemainAnonlymous11221
(4)
04/03/24
8:31 PM
04/03/24
10:11 PM
Copper Tards We Ride...Billionaire Miner Friedland Warns of a Copper ‘Train Wreck’ as Supply StallsHugh G. Reckshon27677
(3)
06/26/23
9:51 PM
04/03/24
8:36 PM
Gold hits new high as investors seek hedge against stubborn inflationSkid Marx3107
(1)
04/03/24
7:32 PM
04/03/24
7:59 PM
OPEC to cut production; oil now at roughly $90/brrl
Page 1, 2
Anonymous Coward331,107
(2)
04/03/24
1:51 PM
04/03/24
7:26 PM
US to sell off ENTIRE Northeast Gas Supply Reserves-Thanks BIDEN
Page 1, 2, 3, 4
DeniedTruths1003,870
(13)
03/04/24
11:30 AM
04/03/24
5:38 PM
Gold - $2,301.96+20.30+0.89%​Mr. Chimpington273
(1)
04/03/24
4:58 PM
04/03/24
5:01 PM
Where we are in the world of gas and oil today !!!!Coastie Patriot049
(1)
04/03/24
4:55 PM
04/03/24
4:55 PM
Silver over $27 an ounce now (paper spot)Anonymous Coward280
(1)
04/03/24
4:35 PM
04/03/24
4:41 PM
Just be aware TRUMP GOLD SNEAKERS can be had for $164.99 nowAnonymous Coward154N/A04/03/24
4:32 PM
04/03/24
4:40 PM
What do you get when you drag a pair of gold Trump sneakers through a trailer park?Anonymous Coward7155
(5)
03/30/24
3:09 PM
04/03/24
4:34 PM
Pete Buttigieg mocks Americans who don't want electric cars says they're stuck in past, as Biden phases out GAS Vehicles
Page 1, 2
Coastie Patriot33397
(4)
04/03/24
8:09 AM
04/03/24
4:03 PM
Silver up .92 cent last week, $1.17 week before, .17 week before that. March is marching along.Ticker Watcher8184
(3)
03/17/24
5:13 PM
04/03/24
3:27 PM
Eco-friendly California is America's BIGGEST polluter - when it comes to little-known greenhouse gas that 'slipped under the radar'Coastie Patriot5102
(1)
04/03/24
1:11 PM
04/03/24
2:48 PM
Who opened the cage to let gold fly?Anonymous Coward2115
(1)
04/03/24
2:31 PM
04/03/24
2:39 PM
Gold breaks $2300 an ounce (!)Zerachiel11206
(3)
04/03/24
1:01 PM
04/03/24
1:34 PM
Interest Rates and Gold Prices 1980 vs 2024 Comparison - Somethings OffMatrix Doctor099N/A04/03/24
1:33 PM
04/03/24
1:33 PM
GOLD: Bang Zoom To The Moon- Not Neo -10558
(1)
10/04/22
11:07 AM
04/03/24
11:56 AM





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