P

@weaponizedFOMO @nope_its_lily Because its somewhere between -5 to -20% negative carry on rolls. Non starter.

@nope_its_lily i don't understand why a futures ETF can't do the trick. who buys a metals ETF, say gold, and actually expects or values physical delivery, even if the prospectus offers it as a feature? i thought the whole point of financialization is to get exposure without the hassle.

Dusting this account off after 10 years, 9 months. Hello World.