SA2

ETF Update: Bearish Dollar, Biofuel ETFs, Gold and Silver ETFs

User 86999: "While I'm sure of the rightness of buying commodities, the associated taxation nightmare in the shape of K-1 being handed to the investors/traders at the end of the year with some phantom incomes (which may exceed the actual gains made, if any at all) is a serious drawback. Anyone interested in commodities, currencies, collectibles (like gold), needs to be aware of these taxation issues to fully understand the baggage associated."

I would like to second your comment: I was caught comletely unaware of the K-1 complexities (associated with DGL, DBA, DBV, etc..) - not only did I have to pay for tax consultation fees to submit it correctly to the IRS but I ended up paying taxes for money that other people made!

Buyer beware.