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This information contained herein has been prepared by Stirling Larkin and is provided for educational purposes only and should not be taken as advice. This is not an offer to buy/sell financial products. He does not provide personal advice nor does he consider the needs, objectives or circumstances of any individual. Financial products are complex and all entail risk of loss. The price and value of investments referred to in this research and the income from them may fluctuate. Past performance is not indicative of future performance, future returns are not guaranteed and a loss of original capital may occur. Fluctuations in exchange rates could have adverse effects on the value or price of, or income derived from, certain investments. Certain transactions, including those involving futures, options, and over-the-counter derivatives, give rise to substantial risk as they are highly leveraged, and are not suitable for all investors. Please ensure you obtain professional advice (including tax advice) to ensure trading or investing in any financial products is suitable for your circumstances, and ensure you obtain, read and understand any applicable offer document.

All intellectual property relating to the information provided vests with Stirling unless otherwise noted and the research is provided on an as is basis, without warranty (express or implied). All views shared are his views and do not represent any other organization or individual (unless cited accordingly). The information, opinions, estimates and forecasts contained herein are as of the date hereof and are subject to change without prior notification. Whilst the research has been prepared with all reasonable care from sources, he believes to be reliable, no responsibility or liability shall be accepted by him for any errors or omissions or misstatements howsoever caused. No guarantees or warranties regarding accuracy, completeness or fitness for purpose are provided by him, and under no circumstances will Stirling, his associates or representatives, be liable for any loss or damage, whether direct, incidental or consequential, caused by reliance on or use of the research.