The following graph showing the relative size of the actual commodity and futures/derivatives about the commodity. As you can see, the futures market exploded over that last few years. This is why I say that the historical returns and lack of correlation of the commodity market is a thing of the [...]
People are starting to be affected by the changes so I thought a review might be helpful.
The Housing Assistance Tax Act of 2008 changed the rules around capital gain exclusions for homeowners.
The qualification for the exclusion remains untouched.
You must meet the ownership test (2 of last 5 [...]