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.
Commodity ETFs Overbought; Gold Least So [View article]
Even the numbers are getting all mixed up. Throwing in standard deviation and percentages together doesn't make sense. On a bell curve, the relationship between the two is well known but requires a lookup to make sense of the relationship. The difference between 2% overbought and 10% overbought may not be statistically significant on the curve. What a waste of time!
ETF Update: Bearish Dollar, Biofuel ETFs, Gold and Silver ETFs [View article]
Commodity ETFs Overbought; Gold Least So [View article]