Currency, Precious Metal and Futures ETFs: Don't Get Caught in the Tax Trap [View article]
Thanks Don, I invested in DBC recently (first time in a futures ETF) and I will sell it soon. This lunacy tax code already makes me sick for several weeks every year. I think the government keeps the public from revolting by snowing us with so much garbage we don't have time to realize what it has done to us. I'm all for a VAT and dumping the income tax.
Jersey, you are correct and you will notice my post name as it says the same thing. Everyone is so sure of their views on commodities but there are opposite views. If the Chinese economy collaspes then commodity prices will go down, it not, they will rise. However, food is a necessity and it can't rise too high or people will starve and they will revolt. I would place my bets for the long term in oil, alt. energy, and silver. All will be needed and are presently becoming in short supply.
Currency, Precious Metal and Futures ETFs: Don't Get Caught in the Tax Trap [View article]
Get Out of Commodities - Barron's [View article]
Jersey, you are correct and you will notice my post name as it says the same thing. Everyone is so sure of their views on commodities but there are opposite views. If the Chinese economy collaspes then commodity prices will go down, it not, they will rise. However, food is a necessity and it can't rise too high or people will starve and they will revolt.
I would place my bets for the long term in oil, alt. energy, and silver. All will be needed and are presently becoming in short supply.