The information and opinions in this report have been carefully compiled from sources believed to be reliable, but its accuracy is not guaranteed. This report does not constitute an offer to sell or a solicitation of an offer to buy any product or service. Furthermore, nothing in this report is intended to provide tax, legal, or investment advice and nothing in this report should be construed as a recommendation to buy, sell, or hold any investment or to engage in any investment strategy or transaction. Cordier Commodity Report does not represent that the options, products, or services discussed in this report are suitable for any particular investor. You are solely responsible for determining whether any investment, investment strategy, or transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your business advisor, attorney, or tax and accounting advisor regarding your specific situation.