Commodity Prices Quotes & Sayings

The natural price, therefore, is, as it were, the central price, to which the prices of all commodities are continually gravitating. — Adam Smith

Prices are determined by supply and demand, and demand is determined by how intensely people want a commodity and what they have to offer in exchange for it. — Henry Hazlitt

If global oil prices or commodity prices are high, then it is bound to create inflation. So, we should not be too worried if the inflation is created by global commodity prices. When they come down, inflation will automatically come down. — Adi Godrej

I am concerned about any attrition in customer traffic at Starbucks, but I don't want to use the economy, commodity prices or consumer confidence as an excuse. We must maintain a value proposition to our customers as well as differentiate the Starbucks Experience. That is the key. — Howard Schultz

All of us as consumers have gotten spoiled, ... We expect customized goods and services at commodity prices. The only way we can do that is to cut the fat out of our price structure. — Robert Rubin

The youth of Taiwan not only have to face the harsh reality of low wages and high commodity and housing prices, but due to the lack of employment opportunities, many young people are forced to leave their home towns to search for jobs in the cities. — Tsai Ing-wen

What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation. — Ludwig Von Mises

For hundreds, even thousands, of years, people completely failed to see that variations in the objective exchange-value of money could be induced by monetary factors. They tried to explain all variations of prices exclusively from the commodity side. — Ludwig Von Mises

To understand how that astounding moral blindness was possible, it is helpful to think of the workers of an armament plant who rejoice in the 'stay of execution' of their factory thanks to big new orders, while at the same time honestly bewailing the massacres visited upon each other by Ethiopians and Eritreans; or to think how it is possible that the 'fall in commodity prices' may be universally welcomed as good news while 'starvation of African children' is equally universally, and sincerely, lamented. — Zygmunt Bauman

bit of inaccurate information that somehow concerned crop or commodity market information or conditions. It does not matter whether you sent that message by telephone or mail or telegraph. It does not matter who you sent that letter to. It does not matter whether the information was actually false, or merely misleading. It does not matter whether your note actually had any effect on market prices anywhere, or even whether you intended for it to have that effect. The way this law was written by the morons in Congress, you are guilty of a felony if you send a postcard to your grandmother in a nursing home, trying to make her feel better by lying about how nice the weather has been in Florida, or how low the gas prices have been. And you will not find this law in Title 18 either; this one is buried in the bowels of Title 7 (sec. 13), which lists the laws supposedly regulating "Agriculture." Even — James Duane

Any commodity that sees its price going higher will see new mines opening up. When the supply increases, the prices soften. When prices fall, some mines with higher production costs will shut down as they become unviable. — Gautam Adani

As one of the nation's top agricultural states, Nebraska has a great opportunity to provide input that will help shape the 2007 Farm Bill, .. This legislation will help determine commodity price supports, priorities with regard to conservation programs, as well as rural development, renewable energy and beginning farmer initiatives for several years to come. — Dave Heineman

The major changes that will be occurring within the new merged partnership are exciting in many ways. First, we will have the highest forecast distribution growth rate of any of the major MLPs. Second, our coverage will be above average for the same peer group with expected $1.1 billion of excess cash flow coverage through 2017 and the Access cash flows, along with our major new fee based projects continue to dramatically reduce exposure to commodity prices. — Alan Armstrong

I believe that there have been repeated attempts to influence prices in the silver markets. There have been fraudulent efforts to persuade and deviously control that price. Based on what I have been told by members of the public, and reviewed in publicly available documents, I believe violations to the Commodity Exchange Act (CEA) have taken place in silver markets and that any such violation of the law in this regard should be prosecuted. — Bart Chilton

MF Global used to be known as Man Financial, and it had a reasonably good reputation. It did a humdrum business placing commodities trades for fund managers as well as farmers, grain dealers and others whose livelihoods depend on the vagaries of commodity prices. — Gary Weiss

There is also a concern that there is a lack of demand of oil. And so when commodity prices fall, it's good if you happen to be a consumer, but it's sometimes seen as symptom of a weakening economy. — David Wessel

It made economic sense, if you looked at it from the right angle; it was not in the Clan's interest for the price of the commodity they shifted to drop - and drop it surely would, if it was legalized or if the pressure to keep up the war on drugs ever slackened. But for Mike Fleming, who'd willingly given the best years of his life to the DEA, it was a deeply unsettling idea; nauseating, even. Bought and sold: We're doing the dealers' work for them, keeping prices high. — Charles Stross

Commodity prices are at a record high. In 1933, the world's population was just over 2 billion people. Today, there are 7 billion mouths to feed - many of them depending on American agriculture. — Debbie Stabenow

They predicted sixteen years ago, almost before anyone else, that girls like me - prettier, smarter, healthier - would be the world's most invaluable resource. And like any rare commodity in an unregulated marketplace, prices for our services would skyrocket. It wasn't about the money, really, not at first. It was about status. Who had it, and who didn't. And my parents did everything in their power to make sure I had it. — Megan McCafferty

If commodity prices are no longer going up then food prices in the grocery store will no longer go up, at some point. — Matt Martin

What corporations fear is the phenomenon now known, rather inelegantly, as 'commoditization.' What the term means is simply the conversion of the market for a given product into a commodity market, which is characterized by declining prices and profit margins, increasing competition, and lowered barriers to entry. — James Surowiecki

If the Fed ceases hiking, against the backdrop of still rising commodity prices, then the Australian dollar will have few reasons for resisting any topside advances. — Craig Ferguson

Robots can now milk cows. Oil prices have fallen globally, meaning both the petro-states and those indirectly propped up by them are weakened. At the same time, slower growth in China has lately shrunk its voracious appetite for African, Australian, and Latin American commodities. China accounted for more than a third of global growth in recent years, and its growth engine multiplied the growth of many of the countries that exported raw materials to Beijing. That has slowed. China's total debt has grown from roughly 150 percent of its GDP in 2007 to around 240 percent today - a massive increase in one decade that is dampening its growth and its imports and shrinking China's wallet for foreign aid and investment in African and Latin American commodity-exporting countries. In — Thomas L. Friedman