RISK DISCLAIMER + DISCLOSURE STATEMENT

Last revised on October 18, 2020, effective as of August 12, 2018.

Please read this page and disclosure statement very carefully.

This web site and our newsletter are offered to the visitor/subscriber conditional upon acceptance by the visitor/subscriber of the terms and conditions set out below.

By accessing and using this web site and our newsletter, the visitor/subscriber is deemed to have fully agreed to the following terms and conditions.

1. GENERAL & LIABILITY

We are providing this web site, our reports, and newsletters for guidance and information purposes only. This website, our reports, and newsletters are not intended to provide investment, tax, or legal advice.

The information contained herein and in our reports and newsletters has been compiled from sources deemed reliable. The information is accurate to the best of our knowledge and belief. However, we cannot guarantee its accuracy, completeness, and validity and cannot be held liable for any errors or omissions. Changes are periodically made and may be made at any time.

Our web site, reports, and newsletters have been prepared solely for informational purposes and are not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or participate in any particular trading or market timing strategy.

All information contained herein and in our reports and newsletters should be independently verified and confirmed.

We do not accept any liability for any loss or damage howsoever caused in reliance upon such information.

Reader agrees to indemnify and hold us harmless from and against any damages, costs, and expenses, including any legal fees, potentially resulting from the application of any of the information provided by us. This disclaimer applies to any damages or injury caused by any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft or destruction or unauthorized access to, or use of record, whether for breach of contract, tort, negligence, or under any other cause of action.

We may purchase or sell securities related to the markets cited on our website and in our reports and newsletters.

2. PERFORMANCE

Our risk strategies and market risk ratings have not been applied over a significant time in real trading.

Recommendations, risk ratings, and risk strategy signals made in the future may or may not equal or better the performance of our risk ratings and strategies algorithms as simulated by historical backtesting.

The analysis, ratings, and recommendations made by made us and our suppliers do not provide, imply, or otherwise constitute a performance guarantee.

Past actual or simulated performance is no guarantee of future results. Therefore, the user should not assume that future results will be profitable or equal past performance, real, indicated, or implied.

We offer no guarantee regarding the accuracy, market predictive powers, suitability, or profitability (either expressed or implied) of any of the information provided.

Our web site, reports, and newsletters include hypothetical trades, risk strategy signals, and risk rating assessments. These results have certain limitations. Since these ratings, trades, and risk strategy signals have not been executed in real-time, actual results may be different, under or over-compensated for results.

Hypothetical performance results are generally prepared with the benefit of hindsight.

3. RISKS

The market risk strategies and risk ratings discussed on our web site and in our reports and newsletters may be unsuitable for investors depending on their specific investment objectives and financial position.

The price or value of the investments to which this web site and our reports and newsletters relate, either directly or indirectly, may fall or rise against the interest of investors. Any market exposure always entails the possibility of substantial loss of equity.

Reader agrees to assume all risk resulting from the application of any of the information provided by us.

Additionally, to usual risks embedded with investing, international trading may involve the risk of capital loss. For instance, this risk could be caused by fluctuations in currency values, from differences in accounting principles, or economic or political instability in foreign countries.

Using this web site and our reports and newsletters, including any applets, software, files, and content contained therein, the visitor/subscriber agrees that the use of this web site/our reports and newsletters is entirely at his own risk.

4. COMMERCIAL REALIZATION

Any commercial realization of the information provided by our web site and our reports and newsletters without licensing or written permission from us is strictly forbidden.

5. COPYRIGHTS AND ENDORSEMENT

Trademarks and copyrights mentioned on this website and in our reports and newsletters are their respective companies’ ownership. The names of products and services presented are used only in an educational fashion and to the benefit of the trademark and copyright owner, with no intention of infringing on trademarks or copyrights.

No endorsement of any third-party products or services is expressed or implied by any information, material, or content referred to or included on, or linked from or to this web site and our reports and newsletters.