Topic: What is the most expensive commodity at the moment? - page 3. (Read 11431 times)

Yes if we can call a house a commodity then mine is my most expensive
after that it is my not so rare classic car and then bitcoin.
If I accumulate 1 bitcoin it will be worth more than the car!

If we're barring precious metals, then I'd guess houses and prime lots are way up there in the list of most expensive commodities. I'd think next will be tuition in a collegiate level and then a car or any vehicle. These are what i think are the most expensive things money can buy barring precious metals.

I don't know if we are talking about digital crypto or physical commodity. But the most value commodity is Time, Time is gold, time is money and time is very important.

because the type of gold varies from karats and the price is different, we can say that the price per ounce of gold is lower than the price of bitcoin, but you are right bitcoin is just a virtual currency that has value, does not have a physical form so people will think that a commodity it will be far more worthed to choose gold...

This is what happening now here in my country all particular basic necessity for individual are suffered for inflation because of OIL PRICE HIGH in the world market. that's why many of the poor constituents are directly affected because o this circumstances, 

If you're just talking about the most expensive"thing" in the market then I'll say precious gems and stones since they have absolutely no use and are just merely decorative. But if we're takling about a commodity where people iuse it all the time then I'd say crude oil is at the very top, considering that it is getting harder to get that stuff now.

finally, a real talk user. I firmly believe oil can play a vital part in the economy of the world. Oil is a commodity that has the ability to impact everything that we have and need in this world. Take for example, goods in the groceries. If the price of Oil spiked in price, the prices of other commodities like groceries also increases, from production to delivery. everything depends on oil. Adding up to that let us be aware that the sources of natural gas is depleting, so expect that in the coming years, prices of other commodities will also increase. Diamonds, jewels, and other stones even fiat and crypto cannot be used to operate production. just saying.

You can also include oil in the discussion. Of course its obvious if we are talking about physical commodities because diamond and gold are very expensive. But there's another category that just recently pop-up, that is digital commodities so there's no doubt that bitcoin is the most expensive. Heck the price of 1 BTC is more expensive that a ounce of gold or 1 carat of diamond.

You should specify your question, is this on physical commodity or digital. If you mean that is physical commodity of course the answer is diamond. This is the most expensive today or even in the future because the quantity is limited by the entity such as government and others. It aims to maintain the existence of source nature of diamond itself. In digital, I think Bitcoin is the highest value be because a single Bitcoin similar to a car price. 

Except for diamonds of great value because it is extremely rare Bitcoin is also a valuable asset today and the value of bitcoin is growing year by year. With a small amount of money I still believe that the value of Bitcoin will continue to increase over time if the cryptocurrency market does not die.

The most expensive commodity is: time.

Inflation growing at a faster pace than wages places the average worker further behind via declining standard of living. The greater number of distractions society faces from social media and other time wasting / time draining content can make it more difficult to focus on goals. It becomes harder to differentiate between what is important and what is not.

Basic necessities like healthcare, higher education, homes and student loans becoming more expensive generally implies greater quantities of time are required to afford these things. Rent, food and basic living prices are also inflating which implies less time.

Many people need to work 2 or 3 jobs to make ends meet. This leaves them with little or no time to devote to other things. Having the time to pursue hobbies, side hustles, personal interests. Or even having the time to spend with love ones, family or people you care about. These things are increasingly becoming a luxury. And so I'll go out on a limbe and say time is the most expensive commodity. And possibly also one of the more key commodities which will determine success/failure in a person attempting to attain financial freedom, start their own business, become their own boss, get a college degree or otherwise invest in things which could dramatically affect the quality of their life for the better.

Aside from gold and other currencies and including crypto, a commodity that is steadily increasing and hurts my purse is the price of gas. Everyday I travel and as days gone by the price is increasing. The fact that Christmas is coming will make things harder as all general needs will dramatically hike in price. I will disregard this event if crypto will also follow and doubled even from past ATH.

Probably those sapphire, emerald, ruby type things, they feel like they must be really expensive as well and I think they pass as comodity. Not sure if they are really commodity or if they are expensive for that scale but it feels like it.

Oil is a "comoddity" if you count that, it is not really that expensive if you take a litre of it but if you consider the sales of that happens by galons that could be considered expensive as well. If we are looking at as less space as possible for as much money as possible than we can count bronze and silver and also platinum could be one of the highest ones as well and truffles are really expensive for each one as well.

There are many stuff that really worths a lot but it all depends on the size you want and what you are looking for in price. If you collect a million iphone X together it probably only covers couple dozen containers at most but it would worth insanely.

In my opinion, as what we had experience in our country. The most expensive commodity are goods. The high increase of the price of rice, the most affected are those belong to the lower level community.

Here a near fact from someone I know:
 

Basing from the informations that I got before, which means someone  told me or I heard it from the news that silver is the the espensive some as well because of this one when nack than the gold itself was the number one best use to make products.


Also dear OP ngamuktok you have a word bitcoin here but besides that you can also search google for reason that this person could tell it from the google but not like mine my information was a person or rather the news itself.

___________.


Stil, Come to think about it bitcoin is the new Gold in todays history/era and because it is common you know and see the reason that bitcoin got to help people and make everyone rich way back before bitcoin started.

I would have thought saffron would be the most expensive commodity. Its certainly more
expensive than Gold and yes bitcoin can be considered as one of the most expensive
commodities in the world. Amazing when you think it is not a physical item.

It also depends on how people perceive it to be goods. Diamonds, may be more expensive than gold. And rubies can also be more expensive than diamonds. But if it's real estate, it's more expensive than all. I think so.

I did a Google search of the most expensive and the search result that was returned had one interesting item, which was edible gold. For real, I never knew they was such a term as that.

Most likely some sort of diamond. Some diamonds of the rarer kind go for insane amounts a gram. Of course, the problem is they are often faked, so the market is most likely inaccurate, rigged, since they are very hard to discern from the real deal. See:

https://en.wikipedia.org/wiki/Synthetic_diamond

Another reason to hold Bitcoin above other assets.



The most expensive stock has to be Berkshire Hathaway A. I remember in 2008 it had a massive crash from $150,000 to $75,000 and people were tripping and thinking everything was going to 0:



Ten years later and it has finally crossed the $300,000 line:





You can look at that all time graph and get an idea of how the BTC all time graph will be in 20 years, the good news is we can get at near the bottom.

There's no good way to tell if a commodity is "expensive" or not, unless you're looking at previous prices.  Oil isn't at its all-time high, nor is bitcoin, nor are precious metals.  If you were talking about the stock market (which you're not), you could look at price/earnings ratios, and that would tell you if a stock was expensive because there are yardsticks people measure that by.  Not so in the commodity market as far as I know.  If anyone can educate me about that, I'd love it.

Bitcoin is pretty expensive IMO if you compare it to 2010.  This is relative, though.  If it hit $100k in 2025 we could look back and say it was cheap in 2018.  It's kind of a weird question.