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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash Flows from Operating Activities:      
Net income (loss) $ (77,617,254) $ 110,037,462 $ (193,443,975)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Unrealized (gain) loss on open futures contracts (46,252,567) 122,742,937 (18,286,173)
(Increase) decrease in dividends receivable (62,127) (61,099) (2,090)
(Increase) decrease in interest receivable 4,443 1,903 (11,573)
(Increase) decrease in prepaid insurance 635 (3,646) (79)
(Increase) decrease in prepaid registration fees (392,476) 83,258 29,526
(Increase) decrease in ETF transaction fees receivable   1,000  
Increase (decrease) in payable due to Broker     (44,770,339)
Increase (decrease) in General Partner management fees payable 26,513 (131,834) 9,112
Increase (decrease) in professional fees payable (77,219) (28,822) 455,541
Increase (decrease) in brokerage commissions payable   (36,500) (12,400)
Increase (decrease) in directors' fees payable 2,089 (4,301) 3,007
Increase (decrease) in license fees payable (2,045) (8,116) (7,138)
Net cash provided by (used in) operating activities (124,370,008) 232,592,242 (256,036,581)
Cash Flows from Financing Activities:      
Addition of partnership shares 914,876,988 1,744,841,011 1,786,316,120
Redemption of partnership shares (691,299,703) (2,269,580,373) (1,446,127,327)
Net cash provided by (used in) financing activities 223,577,285 (524,739,362) 340,188,793
Net Increase (Decrease) in Cash and Cash Equivalents 99,207,277 (292,147,120) 84,152,212
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of year 359,791,174 651,938,294 567,786,082
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of year $ 458,998,451 $ 359,791,174 $ 651,938,294