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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: sense who wrote (185368)	3/14/2022 10:35:35 PM
From: TobagoJack	1 Recommendation Recommended By marcher Read Replies (2) \| Respond to of 217750

That list of yours certainly focused my attention on possible diversification moves, but am re-reading the happened-once-before negatively-priced oil. Need to ponder BAL - iPathA Series B Bloomberg Cotton Subindex Total Return ETN CANE - Teucrium Sugar Fund CORN - Teucrium Corn Fund COW - iPathA Series B Bloomberg Livestock Subindex Total Return ETN JJG - iPathA Series B Bloomberg Grains Subindex Total Return ETN JO - iPathA Series B Bloomberg Coffee Subindex Total Return ETN NIB - iPath Bloomberg Cocoa Subindex Total Return ETN SGG - iPathA Series B Bloomberg Sugar Subindex Total Return ETN SOYB - Teucrium Soybean Fund WEAT - Teucrium Wheat Fund Cannot get silver out of my mind. I did nothing last night (this very early morning), because I woke up at my customary 4:01am on body-clock chime, and found Arena USA on Daylight Savings and markets shut tight. My PF was a field of very exhilarating red w/ exception of long carbon credits, and puts on QQQ / SPY. Am very exceedingly cold-calm, looking through the scope, beyond the cross-hairs, into the crimson mist, detecting cooperating motions, and thanking the almighty.

To: sense who wrote (185368)	3/14/2022 11:08:32 PM
From: TobagoJack	1 Recommendation Recommended By sense Read Replies (2) \| Respond to of 217750

The photo embedded in the below article reminds me of a proper Chinese traditional dress, ala not too much, just enough, and tantalises for more cnbc.com Gold, silver ETF owners face 28% top tax rate on profits. That’s higher than levies on stocks Greg Iacurci Investors who sell gold, silver and other precious-metal exchange-traded funds may find their profits taxed at a higher rate than other holdings like stocks and bonds. The IRS treats ETFs backed by physical precious metals as collectibles for tax purposes, according to accountants. Collectibles — like art, antiques and coins — carry a 28% top federal tax rate on long-term capital gains. (This is the tax rate on profits for an investment sold after at least a year of ownership.) Conversely, stocks, bonds and many other investments have a 20% top tax rate on long-term profits. In your mind you think, ‘I’m just buying a stock.’ Troy Lewis - associate professor of accounting and tax at Brigham Young University This dichotomy in tax rates may catch investors by surprise, leading to lower-than-expected net profits after tax. The war in Ukraine has pushed more investors into gold, which some see as a “safe haven” in volatile times, and fueled a price rally. “In your mind you think, ‘I’m just buying a stock,’” said Troy Lewis, an associate professor of accounting and tax at Brigham Young University. “But the IRS has taken the position they’re actually collectibles because they’re backed by bullion.” The IRS didn’t respond to a request for comment. When ETFs are physically backed by gold, silver, platinum, palladium or other precious metals, each ETF share represents ownership in the underlying metal. Examples include SPDR Gold Shares ( GLD), iShares Gold Trust ( IAU), and Aberdeen Standard Gold ETF Trust ( SGOL) and the iShares Silver Trust ( SLV). Each is up almost 7% or more since the beginning of the year. Selling a share is treated as having sold the metal itself, said Lewis, who owns an accounting firm in Draper, Utah. And because the IRS classifies metal coins as collectibles, ETF investors face the top 28% tax rate that applies to all collectibles when they sell shares. The IRS outlined this thinking in a 2008 memo. (While the memo doesn’t carry the weight of official law, accountants have largely accepted its rationale, Lewis said.) Caveats Chris Ratcliffe/Bloomberg There are some important caveats for investors, though. For one, not all ETFs linked to a precious metal are physically backed by that metal. For example, some hold futures and options contracts instead, according to Dave Nadig, research director at ETF Trends. The collectibles capital-gains tax rate also only applies to ETFs structured as trusts. ETFs that aren’t structured as a trust or don’t directly invest in a metal aren’t subject to the top 28% capital-gains tax rate for collectibles, according to the IRS memo. (The major gold and silver ETFs, including the ones listed above, are structured as trusts, according to Todd Rosenbluth, head of ETF and mutual fund research at CFRA.) The capital-gains tax issue applies to investors who buy an ETF in a taxable brokerage account. But holding a precious-metal ETF in an individual retirement account sidesteps the issue. (Roth IRA investors pay income tax up front on a purchase, but all future growth is tax-free; investors with a pre-tax IRA pay their regular income tax rates when they withdraw money in retirement.) Long-term capital gains taxes on collectibles work differently than those of stocks, bonds and other investments. Stock investors generally pay one of three tax rates on their profits — 0%, 15% and 20%, the top rate — based on their income. These rates are preferential with respect to an investor’s regular income tax rates, of which there are seven (10%, 12%, 22%, 24%, 32%, 35% and 37%). Conversely, the capital-gains tax rate on collectibles aligns with these seven rates, up to a 28% maximum. That means an investor whose annual income puts them in the 12% tax bracket would pay a 12% tax rate on their collectibles profits; an investor in the 37% bracket would be capped at 28% on their collectibles profits. All affluent investors (whether stocks or collectibles) pay an additional 3.8% Medicare surtax.

To: sense who wrote (185368)	3/14/2022 11:34:06 PM
From: carranza2	1 Recommendation Recommended By sense Read Replies (2) \| Respond to of 217750

It was too substantial to be demand destruction due to slowing growth. It was war through political finance, with Putin’s gold and oil being hit hard at a time when gold and oil should by all reasonable thinking be surging. The Saudis kept their middle finger upraised at the Plagiarist-in-Chief by agreeing to build a USD 10bn refinery in China for Russian oil. And Iran lobs a few at Iraq while China flies jets into Taiwanese airspace. Or near enough to get everyone’s attention. They are collectively trying to beat down a dumb old fart because he’s no leader, does not inspire fear. Plus, he does not have the energy or intellect to deal simultaneously with a variety of complex problems. And his staff and VP are younger but just as stupid. Kamala might actually be even more of a dunce. So, the opportunity to try to f**k the US presented itself and, surprise!, it was taken. Not that we’re sitting still. Perhaps he’ll think about consequences before opening his mouth regarding the Saudis next time. One can hope but, realistically, he’s a major dumbass who’s losing his cognition. That your oil and gold (and mine, too) get hit is unfortunate friendly fire. How long can this go on? Who knows. But it cannot last forever.

To: sense who wrote (185368)	3/17/2022 9:11:59 PM
From: TobagoJack	Read Replies (2) \| Respond to of 217750

Re <<iPath Pure Beta Crude Oil ETN (ticker OIL)>> did not do OIL, as had experience with it before, was okay, but there appears to be better proxies, including XOM did the following last night, and shall get intern to study them as I learn-along whilst all starter-positions, and I aim to learn the behaviour of the positions tagged to news flow, and there be copious flow they all appear to be relatively small ink mkt cap, illiquid, but all have options, which in turn are less than illiquid, I reckon the positions must be held close to expiration and rolled. I do not know whether current volatilities are in line w/ historical wobbles sold enough puts to pay for the XOM leap calls, and to pay for grocery for a time. Embracing persistent inflation, and intending to roll with them, to ensure steady supply of sustenance inflation-free, at least, and if at all possible, deflation-best So, long oil, gold, and silver Long agriculture, livestock, cereal, copper, coffee, cocoa, and dry bulk shipping Did not do sugar, cotton, and water. Or not yet. My boring MacDonalds position over the years has done spectacularly, but (i) boring, and (ii) boring again Might revisit the ag processors Am unsure how the below commodity ETFs will do during extreme market hearings, as any might do a USO and blow up In any case, 'buying' GLD and SIL fore negative prices helps to pay the bills, and those are never ending finance.yahoo.com fool.com Why Didn't U.S. Oil Fund Go Negative on Monday? Many energy investors might be confused about how this oil fund works. Dan Caplinger Investors like having the flexibility to track just about any benchmark they want. The rise of the $5 trillion exchange-traded fund industry has made it dramatically easier for investors seeking exposure in just about any corner of the market to get it. But what many investors find out the hard way is that not every fund tracks an underlying investment the way they expect. For investors in United States Oil Fund ( USO 7.91% ) on Monday, that actually turned out somewhat better than shareholders might have expected. Yet with news of oil prices going negative on Monday, the question many are asking is why U.S. Oil Fund's shares didn't follow suit. What U.S. Oil Fund aims to give investorsThe creators of the United States Oil Fund designed the exchange-traded security to track the daily price movements of West Texas intermediate (WTI) light sweet crude. Specifically, the investment objective of the fund is to reflect daily changes in percentage terms of the spot price of crude delivered to the energy hub in Cushing, Oklahoma. Image source: Getty Images. However, the way that U.S. Oil Fund goes about doing that is slightly more complicated. Rather than actually owning spot oil and storing it, the fund instead uses oil futures contracts to try to approximate movements in the spot oil market. As long as futures prices remain somewhat aligned to those of the underlying spot market in crude oil, then U.S. Oil Fund's performance on a day-to-day basis typically has similar movements to those of the spot commodity. The futures that U.S. Oil Fund invests inSome investors might have expected U.S. Oil Fund's shares to get completely wiped out on Monday. News that May WTI crude futures had gone into negative territory suggested the same sort of outcome that ETFs tied to volatility levels suffered in early 2018, with one fund taking a catastrophic hit that caused it to shut down entirely. But U.S. Oil Fund didn't go negative, and the reason is that it had already gotten out of those May futures. According to its schedule, U.S. Oil Fund started rolling out of May contracts into June futures starting on April 7, with the intent of completing the move by April 13. As a result, by Monday, the fund no longer owned any May futures, having moved most of them to June. In addition, U.S. Oil Fund recently changed its investment guidelines. The size of the fund had created problems in complying with regulatory restrictions limiting the number of futures contracts that any one party can have open at a given time. As a result, the fund diversified about 20% of its exposure to the futures contracts expiring two months out. Right now, therefore, the fund holds about 158,000 contracts for June crude oil and almost 34,000 contracts expiring in July. What it would take for U.S. Oil Fund to go to zeroThe way that United States Oil Fund tries to mimic spot price movements saved it from disaster on Monday, but it doesn't mean the fund is safe. Early Tuesday, prices of the June futures that U.S. Oil Fund has as the bulk of its crude position were down more than 30% to $14 per share, and shares of the fund itself dropped about 20% at the open just after 9:30 a.m. EDT. If prices of June futures go negative before the fund's scheduled roll date between May 5 and May 8, then there's a chance that U.S. Oil Fund's shares could go to $0 as well. Much would depend on whether the fund's roughly 20% position in July futures managed to stay positive to offset the downward moves for June. The big question facing the oil futures markets is whether oversupply will last so long that it causes contracts for June and July to see the same volatility that May contracts saw on Monday. If those supply-and-demand disparities persist and futures prices head toward negative levels, then energy investors who look to U.S. Oil Fund might face the loss of their entire investment.