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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flows from Operating Activities:      
Net income (loss) $ 5,056,744 $ (56,520) $ 38,362,556
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Change in unrealized (gain) loss on open commodity futures contracts (1,584,034) (1,070,901) 22,781,720
(Increase) decrease in dividends receivable 27,493 (13,197) (87,367)
(Increase) decrease in interest receivable 75,353 (6,662) (177,644)
(Increase) decrease in prepaid other 551 3,166 (3,717)
(Increase) decrease in prepaid insurance [1] 160 5,837 1,232
(Increase) decrease in ETF transaction fees receivable 0 350 (350)
Increase (decrease) in payable due to Broker 0 0 (11,205,326)
Increase (decrease) in General Partner management fees payable (9,494) (10,037) (21,997)
Increase (decrease) in professional fees payable (5,117) (133,048) 136,302
Increase (decrease) in directors' fees payable [1] (110) (383) (545)
Increase (decrease) in license fees payable 8,520 0 (4,329)
Increase decrease in registration fees payable 0 0 (96,068)
Net cash provided by (used in) operating activities 3,570,066 (1,281,395) 49,684,467
Cash Flows from Financing Activities:      
Addition of partnership shares 0 20,894,253 10,959,517
Redemption of partnership shares (22,577,341) (40,754,434) (100,133,193)
Net cash provided by (used in) financing activities (22,577,341) (19,860,181) (89,173,676)
Net Increase (Decrease) in Cash and Cash Equivalents (19,007,275) (21,141,576) (39,489,209)
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of year 68,932,943 90,074,519 129,563,728
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of year $ 49,925,668 $ 68,932,943 $ 90,074,519
[1] Certain prior year amounts have been reclassified for consistency with the current presentation.