Hard Commodity

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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The sheer scale of the smallholder populations makes them economically critical - in many countries in Africa, even those with hard commodity export sectors, agriculture still makes up more than half of the total gross domestic product.
Additional hard commodity instruments - silver and copper derivatives - were launched under licence from the CME Group in August.
But both Jay and Loren Roberts, the pair who were so dominant only two or three years ago, seem to have been sliding downhill and they will find wins a hard commodity to buy from now on.
Walsall are striving for the consistency to force them into the top six but that is a hard commodity to find in bruising League One.
Most cash-in-circulation is not supported by a hard commodity anymore.
Hard commodity exporters saw monthly growth in export earnings shrink from 6% in US dollar terms to 3% in local currency.
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.
Hard commodity stocks were buoyed by the revival of the Rio Tinto - BHP Billiton takeover saga which, although recently muted, has been rumbling on for nearly a year.
14 /PRNewswire/ -- The mining sector is showing a lot of leadership at the moment and hard commodity assets are likely to go through a period of sustained strength, according to Dave Burrows, Director and Chief Investment Strategist at First Associates Asset Management.
Resort owner Sir Terry Matthews has said that one day Tiger Woods will appear at Celtic Manor but he's a very hard commodity to acquire,'' said Stanton, alluding to the world No 1's seven-figure appearance fee demands.