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Hard Commodity

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Hard Commodity
A commodity that is mined or obtained from some other non-agricultural source. Hard commodities include gold, oil and diamonds. See also: Soft commodity.


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Most cash-in-circulation is not supported by a hard commodity anymore.
Shanghai's market had tripled in value and the real estate sector was at bubble level, so the Chinese government proactively capped lending and in 2008, leverage was a very hard commodity to come by.
Shanghai's market had tripled in value and the real estate sector was at bubble level, so the Chinese government proactively capped lending and in 2008, leverage was a very hard commodity to come by.
 
 
 
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