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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
With All Due Respect Your Answers Are Insulting Senator Josh Hawley Destroys Obama’s Energy Secretary Who Denies High Gas Prices Are Due to BidJwnlwplus41232N/A05/20/22
9:46 AM
07/31/22
12:20 PM
The Fools Gold has arrivedThankq3465
(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 Coward3289
(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 Coward2351
(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 Coward2213
(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 goldXeven5413
(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 nowjlee20274298N/A07/29/22
6:04 PM
07/30/22
10:37 AM
Now Gas pump handles says: "FOR RECTAL USE ONLY" LoLAnonymous Coward2364N/A03/19/22
6:29 PM
07/30/22
10:12 AM
Olive oil is a cheap supersupplement for your brain!anoma1y20539N/A07/29/22
10:17 PM
07/30/22
3:11 AM
The Silver Crusader: One mean muscle car feareth hemi not.DGN12484
(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 Coward1179N/A07/29/22
8:24 PM
07/29/22
8:32 PM
Protests happening in Ecuador over increased gas and food pricesUltra MAGA Dan1261
(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 Coward501,235
(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
SpaceWarz752,648
(8)
07/26/22
12:42 PM
07/29/22
10:04 AM
Egypt says Nyet to stolen wheatFuckku Putin6289
(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
Jwnlwplus41316,977
(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 Patriot14661
(4)
07/28/22
11:30 PM
07/29/22
2:27 AM
50# Bag Of Whole Grain Wheat at Feed Store Cost Only $15.99Maremare16448
(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 crisisStellaBlue15474
(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 Coward31610
(11)
07/28/22
6:13 PM
07/28/22
8:31 PM
The Strange Coffee Habits of Great PhilosophersAnonymous13747
(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 Coward21395
(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 Patriot8295
(1)
07/28/22
12:30 PM
07/28/22
2:04 PM
SILVER GOING BALLISTIC!Anonymous Coward7508N/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 Coward0173
(2)
07/28/22
11:44 AM
07/28/22
11:44 AM
Clove and peppermint oil is killing my teef infection!Anonymous Coward17418N/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!LessThanZero0263N/A07/27/22
7:26 PM
07/27/22
7:26 PM
Prophetic dream: I saw the entire trend of silver for 2022Anonymous Coward8664
(5)
07/13/22
7:15 PM
07/27/22
6:03 PM
Both gold and bitcoin skyrocketing in the past hour.Anonymous Coward0199N/A07/27/22
3:01 PM
07/27/22
3:01 PM
BREAKING NOW: Gazprom cuts Nord Stream 1 Gas Flows by 80%!!Johnny2time1259
(1)
07/27/22
11:50 AM
07/27/22
12:00 PM
The "gas heating system" horseshit in a nutshell.gaslighting, literally3379
(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 Coward1239N/A07/27/22
11:17 AM
07/27/22
11:19 AM
You still want to eat your Canola Oil?Anonymous Coward6510
(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 Coward391,171
(10)
07/26/22
10:29 PM
07/27/22
8:39 AM
Europe is going to ration it's natural gas this winterNexus-92253N/A07/26/22
10:27 PM
07/26/22
10:48 PM
Let's talk coffeeNo holds barred9369N/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%JustmeTX4376
(6)
07/26/22
4:42 AM
07/26/22
1:42 PM
My coffee substitute
Page 1, 2
BoatyMcBoatface461,276
(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 vehiclebenjamin77620193N/A07/26/22
11:58 AM
07/26/22
11:58 AM
What Is the Value of Gold Stored at Fort Knox?Anonymous Coward16481N/A07/26/22
8:36 AM
07/26/22
10:22 AM
UGANDA Finds ALL THE GOLD Left In WORLD 🦍🦍 (War)Anonymous Coward0233N/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 gasdr0id2401
(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 Coward9277
(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 Coward0338
(1)
07/26/22
2:31 AM
07/26/22
2:31 AM
Gold in Bosnian means seems cryptically Evil!Novis0212N/A07/26/22
1:09 AM
07/26/22
1:09 AM
Donald Trump wants exxon to tap into Syrian oil to "spread the wealth around" as the American military protects Syrian oil feildsDonald deep state Trump6348
(2)
10/28/19
9:32 AM
07/25/22
10:30 PM
Today Its Been 10 Weeks Since the WHO Said the World Had Only a 10 Week Supply of WheatAnonymous Coward16541
(6)
07/25/22
9:38 PM
07/25/22
10:19 PM
My Coffee - WTF
Page 1, 2
Anonymous Coward421,628
(2)
07/22/22
8:35 PM
07/25/22
8:25 PM
Russia to Cut Europe Gas Flow to 20% via Nord Stream!Nexus-91225N/A07/25/22
5:13 PM
07/25/22
5:15 PM
Silver just can't seem to keep it's head above the $19 line. How much lower will it go?Anonymous Coward13397N/A07/22/22
11:32 AM
07/25/22
5:12 PM
Russia's Gazprom Sets New Daily Record High In Gas Supplies To China On July 24 - ReutersAnonymous Coward25846
(16)
07/25/22
9:44 AM
07/25/22
4:54 PM
Russia to cut gas through Nord Stream 1 to 20% of capacityjavierruizleon0261N/A07/25/22
3:44 PM
07/25/22
3:44 PM
Is Europe going to run out of gas this winter?Sheunnnng4257N/A07/25/22
2:55 PM
07/25/22
3:09 PM
He shuts down American oil productionAnonymous Coward1271N/A07/25/22
2:48 PM
07/25/22
2:50 PM
Well, whatdoyouknow - Zimbabwe debuts gold coins as legal tender to stem inflationAnonymous Coward6423
(1)
07/25/22
10:46 AM
07/25/22
11:22 AM
BRICS In The New World Energy Order: Hedging In Oil GeopoliticsCoastie Patriot0174N/A07/25/22
8:40 AM
07/25/22
8:40 AM
Silver Stackers: DON'T Waste Your Cash on Proofs and Low Mintage!!Anonymous Coward6522
(3)
07/24/22
8:20 PM
07/25/22
7:31 AM
Why is Microwave San - Fran - Cisco - treat - aka you know....takes 2 and 2/3 cups water, 1 teaspoon of oil, a , and a $1 box of " " for aAnonymous Coward2238N/A07/24/22
11:40 PM
07/24/22
11:42 PM
Some guy telling Jill your husband is the worst President we ever you OWE us gas money even Secret Service is laughingJwnlwplus4261,658
(9)
07/21/22
8:45 PM
07/24/22
9:54 PM
The End of Beef: Miles and miles of Texas Cattle Being Dumped in Auction Before They Die. Wow. VideoVituperate221,149
(6)
07/24/22
8:34 AM
07/24/22
9:33 PM
You know that wheat deal that was brokered by Turkey and the UN with Russia? Well, guess what??Anonymous Coward4529
(1)
07/24/22
6:38 AM
07/24/22
7:25 PM
I bought Silver 'I' Shares back in 2010 Worst investment of all time!uhftx24694N/A07/21/22
2:06 PM
07/24/22
5:32 PM
A Mob Of Degenerates Take Over NYC Subway Car, Girls Twerk, Slip n Slide On Baby Oil, Drink BoozeAnonymous Coward11590
(1)
07/24/22
12:43 PM
07/24/22
1:30 PM
My local gas pump informed me that it's time to get the jab. I finally caved. Ask me anythingAnonymous Coward0278N/A07/24/22
12:33 PM
07/24/22
12:33 PM
Why didn’t Ivana Trump just take the Gold elevator?Anonymous Coward8453
(2)
07/24/22
7:32 AM
07/24/22
8:29 AM
A Mob Of Degenerates Take Of NYC Subway Car, Girls Twerk, Slip n Slide On Baby Oil, Drink BoozeAnonymous Coward1354
(1)
07/24/22
7:38 AM
07/24/22
7:42 AM
Look mom, no hands!! Man Beats Gas Prices with Electric Unicycle (ya'll know I'm a Space Cowboy too)RocketScientist8503N/A07/23/22
11:05 AM
07/23/22
9:46 PM
Whoever has the gold makes the rules - Please folks, look at the chart in this article and go do the right thing to save yourselves
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Anonymous Coward694,829
(18)
07/09/22
1:55 PM
07/23/22
4:48 PM
Texas Billionaire buys 900,000 ounces of silver bullion.Anonymous Coward2360N/A07/23/22
3:55 AM
07/23/22
3:24 PM
Interesting timing of events : THE BIG SHOW FROM THE BIG GUY ON OIL, lets analyzeCoastie Patriot0200
(1)
07/21/22
9:02 AM
07/23/22
8:02 AM
Heads, you roll. Tails, we goal. Is that the new “take er women and gold” whilst nuking them silly expression?nukeemup0210N/A07/23/22
5:06 AM
07/23/22
5:06 AM
Your husband is the worst President we ever had, you OWE us gas money"christian7385
(7)
07/22/22
11:31 PM
07/23/22
3:44 AM
Bill Burr’s cake analogy on abortion is goldAnonymous Coward7707
(4)
07/22/22
10:56 AM
07/22/22
11:19 PM
All Teslas now come standard with a Honda EU2200i Gasoline Generator...Just in Case you can't make it to the nearest electrical outletBattery Gas0185N/A07/22/22
5:51 PM
07/22/22
5:51 PM
BREAKING: "219 House Democrats vote AGAINST Republican effort to block U.S. oil reserves from being sold to CHINA"
Page 1, 2, 3, 4
dr0id1004,077
(22)
07/21/22
5:00 PM
07/22/22
5:02 PM
Dr. Jill is told to her face "You owe us gas money"Anonymous Coward7414N/A07/22/22
1:01 PM
07/22/22
3:28 PM
Nord Stream pipeline to restart gas deliveries on scheduleAnonymous Coward5348
(1)
07/19/22
11:48 AM
07/22/22
11:38 AM
California Prostitution Loophole-The Golden Nugget for the Hooker's Gold Rush!!!Anonymous Coward7551
(3)
07/21/22
8:19 PM
07/22/22
11:18 AM
Jesus is separating the Wheat from the Chaff right now...Anonymous Coward2386
(2)
01/10/21
7:43 AM
07/22/22
9:45 AM
VIDEO: "Man shouts to the wife of US President Joe Biden that her husband is the worst person on the planet and owes Americans money for gasolinedr0id1263N/A07/22/22
8:31 AM
07/22/22
8:31 AM
Washington Post: "The Earth Wants Biden to Keep Gas Prices High"
Page 1, 2
dr0id371,393
(5)
07/21/22
6:21 PM
07/22/22
4:48 AM
Never seen so much gold fringe on the flags beforeAnonymous Coward3401
(1)
07/21/22
9:56 PM
07/22/22
4:09 AM
Democrats don’t really want to run on $5-a-gallon gas, 9% inflation, and scarce baby food this November.Vicious Deplorable dollop4297
(1)
07/22/22
12:31 AM
07/22/22
2:52 AM
Germany won’t survive winter without Russian gas – official
Page 1, 2, 3, 4, 5
Doomsday221475,282
(21)
07/17/22
7:39 AM
07/21/22
11:48 PM
Wish I had money to buy gold and silver.Anonymous Coward14542
(2)
07/21/22
6:16 AM
07/21/22
8:38 AM
Some doofus paid for my gas todayAnonymous Coward2290
(4)
07/21/22
1:41 AM
07/21/22
1:53 AM
I’m shocked, gas prices are coming down before the midterms??Anonymous Coward4264N/A07/21/22
12:05 AM
07/21/22
12:25 AM
500 for a barrel of oil noA3381N/A07/20/22
11:39 PM
07/20/22
11:46 PM
July 20. Putin tells the US to remove its forces from Syria and stop the looting of Syrian oil.
Page 1, 2, 3
JustmeTX612,548
(54)
07/20/22
10:52 AM
07/20/22
11:10 PM





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