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<p>[QUOTE=&quot;desertgem, post: 1845393, member: 15199&quot;]I believe the article is a little confused between ETF, ETN, and MLPs.&nbsp;&nbsp; He/she seems to be talking about ETFs of commodities MLPs. These commodities ( at least the ones I am familiar with are resource commodities such as energy ( gas, oil, etc) and not GLD and other PM ETFs. I have held GLD many times and the tax scenario given has not occurred, even with options, but once I&nbsp; held an oil ETF which I did have hair pulling tax reporting, but the broker had everything laid out so it wasn&#039;t a killer. The difference as I understand it is that the energy commodities being mentioned in the article did not have the product in their possession ( oil, gas, etc) where as precious metal&nbsp; funds had specific SEC filings to insure possession of product. Not all commodities are the same.</p><p><br /></p><p>Either misunderstanding&nbsp; or a scare tactic, but&nbsp; incorrect. If you are still in doubt, read the SEC&nbsp; filings for GLD or SLV, as it will indicate if the tax situation is different from normal stocks ETF, but it isn&#039;t in their cases.</p><p><br /></p><p><br /></p><p><br /></p><p>Only hold investment instruments you can understand.[/QUOTE]</p><p><br /></p>

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