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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
Food Crisis: Russian Wheat Harvest Downgraded.Anonymous Coward5307
(1)
08/06/22
8:00 AM
08/06/22
10:08 AM
COFFEE AIN'T DOING IT ANYMORE...
Page 1, 2
Anonymous Coward451,239
(1)
08/05/22
9:22 AM
08/06/22
12:18 AM
I Ate 4,000 Mgs of THC, What Do You Know About The Anointing Oil
Page 1, 2, 3, 4
Deep11111063,994
(34)
08/02/22
9:45 PM
08/05/22
8:57 PM
Biden's Handlers Re-Feed him Same Speech on Gas Prices from Months Ago (see side-by-side video)
Page 1, 2
Shark150493,291
(17)
07/27/22
4:39 PM
08/05/22
5:43 PM
Pinellas doctor accused of selling illegal prescriptions, deputies find $1.9M, gold barsAnonymous Coward4335
(1)
08/05/22
7:14 AM
08/05/22
5:13 PM
Citizens arrest is better than all the gold fringe or voting bullshit posted hereAnonymous Coward2158N/A08/05/22
9:47 AM
08/05/22
9:50 AM
Ex-JPMorgan executive, two traders await court decision over spoofing charges related to gold and silver price manipulationsAnonymous Coward2274
(2)
08/05/22
6:57 AM
08/05/22
8:03 AM
Local governments ban natural gas. Goodbye to the gas range and cheaper heatAnonymous Coward0220N/A08/05/22
5:54 AM
08/05/22
5:54 AM
25-year-old man dies after being set on fire at gas station by girlfriend, Arlington police say
Page 1, 2, 3
Anonymous864,455
(12)
08/04/22
7:27 AM
08/04/22
6:47 PM
Sinema demands CHANGES:Democrat wants climate funds for AZ, restructured taxes Manchin got gas pipeline for WEST VA for his vote on bill)Coastie Patriot19727
(2)
08/04/22
8:51 AM
08/04/22
2:51 PM
MORE GAS ON FIRE: Pelosi to visit North-South Korean border
Page 1, 2, 3, 4
raphaelCozzi912,576
(8)
08/04/22
7:40 AM
08/04/22
2:35 PM
Eyewitness Account of George Adamski's Flying Saucers With Film Over Silver Spring, MdCaptain KC Jones0173
(1)
08/04/22
1:51 PM
08/04/22
1:51 PM
Who gives a shit what Trump does in office again. . . as long as gasoline comes back to $2 a gallon.Make gas 2 bucks again097N/A08/04/22
12:49 PM
08/04/22
12:49 PM
Oil change apocalypse !Anonymous Coward151,471
(1)
08/03/22
6:14 PM
08/04/22
8:04 AM
Video: Biden Energy Advisor Claims It’s “Just Factually Not True” That Gas Prices Were Rising Before Ukraine InvasionAnonymous Coward0188
(1)
08/04/22
7:56 AM
08/04/22
7:56 AM
During the 1906 eathquake of in San Francisco people reported hearing bombs going off even though they say it was gas lines!what really happened...4351N/A08/04/22
1:14 AM
08/04/22
3:20 AM
Well, the greatest Mod GLP as ever seen (yes I am serious), Wonkish, was right with his Nate Silver is correct calls, tards with your fox newsfox news shit got us excited4669
(1)
11/06/12
10:38 PM
08/03/22
9:28 PM
TRUMP says: "they want to get rid of the cattle. . .you'll be next. . you'll be next" - - - This is a prediction???
Page 1, 2
CLIMATE HOAX GENOCIDE351,645
(10)
08/03/22
2:48 PM
08/03/22
8:14 PM
Just say "NO" to giving a urine specimen to your company! HOW DEGRADING! Are we cattle!?Anonymous Coward28795
(7)
12/17/07
11:29 PM
08/03/22
7:50 PM
PLANETARY PRECESSION & HOW COMMODITY-BACKED CURRENCY ENSURES GLOBAL CATASTROPHEboutreality6542
(1)
10/28/19
7:15 PM
08/03/22
7:00 PM
Taking my blood pressure medicine with a cup of coffeeAnonymous Coward1161N/A08/03/22
1:59 PM
08/03/22
2:07 PM
OPEC+ agrees to boost oil outputTheRealRebel1163N/A08/03/22
1:16 PM
08/03/22
1:29 PM
Change my oil first bitchWaffles 0219N/A08/03/22
10:29 AM
08/03/22
10:29 AM
Brazilian Hulk' injected himself with OIL to create 23-inch biceps, dies on his 55th birthday
Page 1, 2
A Deplorable Neanderthal371,465
(6)
08/02/22
3:23 PM
08/03/22
3:40 AM
Germany crematoriums have a natural gas problem.AAnvals1185N/A08/03/22
2:11 AM
08/03/22
2:20 AM
Sinkhole 25 metres wide prompts investigation near Chilean copper mineA Deplorable Neanderthal4373
(2)
08/02/22
12:58 PM
08/03/22
1:48 AM
Co-worker bought old gold cigs this morning for $7…this afternoon they are 11.29waterman0263N/A08/02/22
2:55 PM
08/02/22
2:55 PM
Hanover Germany, only cold showers going forward cause of lack of Russian gas
Page 1, 2, 3, 4
Anonymous Coward1204,049
(10)
07/29/22
7:03 AM
08/02/22
2:13 PM
Silver Price ReversalAnonymous Coward221,309
(3)
08/01/22
12:31 AM
08/02/22
9:45 AM
Good Morning Thread. How's your morning? Grab some coffee and wake up.Housedad4168
(1)
08/02/22
7:02 AM
08/02/22
8:11 AM
Oil for WaterAnonymous Coward1134N/A08/01/22
10:43 PM
08/01/22
10:48 PM
Nasty Woman Throws Hot Coffee At Cashier Because She Didn't Hand Her The Change Nicely Enough
Page 1, 2, 3, 4, 5, 6, 7
Anonymous Coward1896,735
(17)
08/01/22
4:18 PM
08/01/22
9:33 PM
IF "recession" brings down gasoline prices. . . then who gives a FUCK if economy "recedes" instead of increases???RIGHT???3330N/A08/01/22
10:48 AM
08/01/22
8:17 PM
Europe is negotiating for my mineral rights. I produce more gas in a day than Russia in a year. I just ate a pot of pinto beans.Anonymous Coward0140
(1)
08/01/22
3:17 PM
08/01/22
3:17 PM
Coconut oil is good for pets' flea infestation. No petroleum based pharmaceuticals for fuzzy family membersOtto_Didactic1255N/A07/31/22
4:02 PM
08/01/22
2:33 PM
GOLD UP 60 BUCK$ IN 72 HRS!GOLDMAN1294N/A08/01/22
10:35 AM
08/01/22
10:45 AM
Good thing the USA sent OIL to top of CHINAS WAR MACHINE...Anonymous Coward5202N/A08/01/22
10:01 AM
08/01/22
10:38 AM
But your car Guzzles gas... A total gem! The lavish superyacht inspired rare Cartier diamond, with jewel-shaped windows and 3 waterfall pools.Coastie Patriot1439
(1)
08/01/22
8:40 AM
08/01/22
9:06 AM
Beware Of Palm Oil In Candy!bobinthebox291,420
(5)
10/29/21
6:59 AM
08/01/22
8:25 AM
Jabbed RN with heart palpations gets gas lighted by her heart doctor...
Page 1, 2, 3, 4
Ultra MAGA Dan1026,281
(34)
07/31/22
9:31 AM
08/01/22
1:30 AM
WEF CREATE CRAZY NUTRITIONAL GUIDELINES WHERE M&m MORE NUTRITOUS THAN WHEAT TOAST, Miniwheats better than ground beef .
Page 1, 2, 3
Coastie Patriot623,192
(12)
07/27/22
8:19 AM
07/31/22
11:45 PM
How is Biden’s administration responsible for higher gas prices?MrBlue21519
(4)
07/31/22
5:22 PM
07/31/22
7:54 PM
Steve Quayle on Oil PricesYamguy19743
(2)
08/28/05
7:00 AM
07/31/22
7:18 PM
Texas Billionaire buys 900,000 American Silver Eagles
Page 1, 2, 3, 4
jlee20271174,494
(8)
07/21/22
8:07 PM
07/31/22
6:10 PM
New law idea--All Electric cars to have mpg stickers of the co2 produced and gasoline equivalent of fuel used to make the electricity to driveAnonymous Coward4197N/A07/26/22
2:34 PM
07/31/22
4:44 PM
With All Due Respect Your Answers Are Insulting Senator Josh Hawley Destroys Obama’s Energy Secretary Who Denies High Gas Prices Are Due to BidJwnlwplus41228N/A05/20/22
9:46 AM
07/31/22
12:20 PM
The Fools Gold has arrivedThankq3462
(2)
08/16/20
8:39 PM
07/31/22
8:11 AM
Two oil tycoons are spending millions to gut Texas public education, according to CNN reportAnonymous Coward3288
(1)
07/30/22
11:49 PM
07/31/22
12:04 AM
Take 40 min and watch this. China's Catastrophic Oil & Gas ProblemAnonymous Coward2349
(1)
07/30/22
10:49 PM
07/30/22
11:57 PM
New Zealand starts taxing livestock farmers unless they reduce number of cattle and sheepAnonymous Coward2211
(1)
07/30/22
3:34 PM
07/30/22
3:49 PM
My Lockheed buddy says a side effect of their compact Fusion reactor is production of goldXeven5410
(1)
07/30/22
11:58 AM
07/30/22
12:11 PM
Silver premiums increasing, especially on Silver Eagles, going north of $13 from $9 nowjlee20274293N/A07/29/22
6:04 PM
07/30/22
10:37 AM
Now Gas pump handles says: "FOR RECTAL USE ONLY" LoLAnonymous Coward2359N/A03/19/22
6:29 PM
07/30/22
10:12 AM
Olive oil is a cheap supersupplement for your brain!anoma1y20537N/A07/29/22
10:17 PM
07/30/22
3:11 AM
The Silver Crusader: One mean muscle car feareth hemi not.DGN12476
(1)
07/24/22
6:45 PM
07/29/22
11:26 PM
Putting a price on natural gas/oil is like putting a price on a pail of water...Anonymous Coward1174N/A07/29/22
8:24 PM
07/29/22
8:32 PM
Protests happening in Ecuador over increased gas and food pricesUltra MAGA Dan1259
(2)
07/22/22
7:06 AM
07/29/22
7:10 PM
All Life Leads to Gold, We are the Earth's core consciousness.
Page 1, 2
Anonymous Coward501,227
(5)
05/31/22
7:47 AM
07/29/22
5:21 PM
JUST IN - US issues fifth emergency notice of sale of crude oil from the Strategic Petroleum Reserve, depletes another 20 million barrels.
Page 1, 2, 3
SpaceWarz752,628
(8)
07/26/22
12:42 PM
07/29/22
10:04 AM
Egypt says Nyet to stolen wheatFuckku Putin6286
(2)
07/28/22
11:10 AM
07/29/22
4:36 AM
CAR EXPLODES AT A GAS STATION WHILE MAN IS REFUELING
Page 1, 2, 3, 4, 5
Jwnlwplus41316,953
(13)
07/28/22
7:41 AM
07/29/22
3:59 AM
BREAKING NEWS !" Silver up 7 Percent and Climbing "Big Money Flooding the Silver Market"Concerned Patriot14656
(4)
07/28/22
11:30 PM
07/29/22
2:27 AM
50# Bag Of Whole Grain Wheat at Feed Store Cost Only $15.99Maremare16436
(2)
07/28/22
9:55 PM
07/29/22
12:09 AM
Germany turns off the hot water: Hanover becomes first big city to ban hot water in public buildings in response to Russian gas crisisStellaBlue15466
(5)
07/28/22
7:42 PM
07/28/22
10:49 PM
National average gas prices saw the largest 24-hour decline yesterday on record, falling 4.5 cents. We're now down 78 cents from mid-June for gas
Page 1, 2
Anonymous Coward31605
(11)
07/28/22
6:13 PM
07/28/22
8:31 PM
The Strange Coffee Habits of Great PhilosophersAnonymous13745
(4)
07/28/22
5:22 PM
07/28/22
8:25 PM
GOOD NEWS: For the 42nd straight day, average gasoline prices have declined, falling to $4.303/gal today.Anonymous Coward21390
(11)
07/27/22
6:18 PM
07/28/22
7:01 PM
Thats COLD: Germany turns off the hot water: Hanover becomes first big city to ban hot water in public buildings, response to Russian gas crisisCoastie Patriot8291
(1)
07/28/22
12:30 PM
07/28/22
2:04 PM
SILVER GOING BALLISTIC!Anonymous Coward7503N/A07/28/22
12:46 PM
07/28/22
1:12 PM
Where did you come from where did you go, where did you come from Cotton Eye'd JoeAnonymous Coward0168
(2)
07/28/22
11:44 AM
07/28/22
11:44 AM
Clove and peppermint oil is killing my teef infection!Anonymous Coward17416N/A07/28/22
7:35 AM
07/28/22
8:53 AM
Omg. I know abt the wheat and the taresWow from a blk person0220N/A07/27/22
8:26 PM
07/27/22
8:26 PM
Old but gold... classic!LessThanZero0258N/A07/27/22
7:26 PM
07/27/22
7:26 PM
Prophetic dream: I saw the entire trend of silver for 2022Anonymous Coward8657
(5)
07/13/22
7:15 PM
07/27/22
6:03 PM
Both gold and bitcoin skyrocketing in the past hour.Anonymous Coward0198N/A07/27/22
3:01 PM
07/27/22
3:01 PM
BREAKING NOW: Gazprom cuts Nord Stream 1 Gas Flows by 80%!!Johnny2time1256
(1)
07/27/22
11:50 AM
07/27/22
12:00 PM
The "gas heating system" horseshit in a nutshell.gaslighting, literally3375
(1)
07/27/22
11:06 AM
07/27/22
11:28 AM
Ukraine asks US to ship it enough free natural gas to power and heat the country for 2 yearsAnonymous Coward1236N/A07/27/22
11:17 AM
07/27/22
11:19 AM
You still want to eat your Canola Oil?Anonymous Coward6507
(2)
07/27/22
10:01 AM
07/27/22
10:44 AM
Thanks Biden admin!!! Iran's Oil Revenues Soar By 580% As Crude Prices Rally
Page 1, 2
Anonymous Coward391,165
(10)
07/26/22
10:29 PM
07/27/22
8:39 AM
Europe is going to ration it's natural gas this winterNexus-92249N/A07/26/22
10:27 PM
07/26/22
10:48 PM
Let's talk coffeeNo holds barred9363N/A07/21/22
6:32 PM
07/26/22
5:26 PM
GAZProm still waiting for the repaired gas turbine and needs to shut down another Turbine for maintennce. EU gas supply to drop another 50%JustmeTX4373
(6)
07/26/22
4:42 AM
07/26/22
1:42 PM
My coffee substitute
Page 1, 2
BoatyMcBoatface461,267
(6)
06/20/22
1:06 PM
07/26/22
12:27 PM
1 gas pump = power for 1000 homes if compare charging for an electric vehiclebenjamin77620189N/A07/26/22
11:58 AM
07/26/22
11:58 AM
What Is the Value of Gold Stored at Fort Knox?Anonymous Coward16476N/A07/26/22
8:36 AM
07/26/22
10:22 AM
UGANDA Finds ALL THE GOLD Left In WORLD 🦍🦍 (War)Anonymous Coward0231N/A07/26/22
8:29 AM
07/26/22
8:29 AM
German Anon: "This shouldn't be happening. This cannot be happening. But somehow it is. Germany is one step away from starting to ration gasdr0id2400
(1)
07/26/22
7:03 AM
07/26/22
7:46 AM
Remember when you could have a heat wave and globalist wouldn't call for enslaving the planet to reduce oilAnonymous Coward9274
(1)
07/23/22
7:37 PM
07/26/22
6:25 AM
The holy anointing oil that Yeshua Meshiach used contained four ingredients.Anonymous Coward0333
(1)
07/26/22
2:31 AM
07/26/22
2:31 AM





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