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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Flows from Operating Activities:      
Net income (loss) $ (291,274,645) $ 78,972,397 $ 666,552,810
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Unrealized (gain) loss on open futures contracts 312,173,308 (6,489,790) (249,798,620)
(Increase) decrease in dividends receivable 10,305 68,612 (214,021)
(Increase) decrease in interest receivable 3,152 (32,182) 0
(Increase) decrease in prepaid registration fees 349,290 348,425 (550,777)
(Increase) decrease in ETF transaction fees receivable 0 3,000 0
Increase (decrease) in payable due to Broker (57,283,329) (53,495,599) 110,778,928
Increase (decrease) in General Partner management fees payable (215,644) (456,590) 77,120
Increase (decrease) in professional fees payable (317,442) 229,229 623,632
Increase (decrease) in brokerage commissions payable (98,000) (48,000) (25,000)
Increase (decrease) in directors' fees and insurance payable (10,539) (4,328) (16,747)
Increase (decrease) in license fees payable (21,487) (75,801) 36,323
Net cash provided by (used in) operating activities (36,685,031) 19,019,373 527,463,648
Cash Flows from Financing Activities:      
Addition of partnership shares 3,988,747,637 4,138,684,744 4,489,405,734
Redemption of partnership shares (4,286,383,585) (5,336,829,913) (5,123,398,604)
Net cash provided by (used in) financing activities (297,635,948) (1,198,145,169) (633,992,870)
Net Increase (Decrease) in Cash and Cash Equivalents (334,320,979) (1,179,125,796) (106,529,222)
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of year 1,991,256,955 3,170,382,751 3,276,911,973
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of year $ 1,656,935,976 $ 1,991,256,955 $ 3,170,382,751