Macro Watch On Substack

Terms and Conditions

Please read carefully. This Agreement governs the terms by which subscription services are offered through the website located at https://macrowatch.substack.com (the “Site”).

1. ACCEPTANCE OF TERMS Welcome to Macro Watch on Substack (“We, Us” or “Our”). We provide our video newsletter services to you (“Services”), subject to the following Terms and Conditions, which may be updated by us from time to time without notice to you. By accessing the Site and using our services, you are agreeing to be bound by these Terms and Conditions. If you do not agree with any of these terms, you may not use the Site or our Services.

2. SERVICES You may subscribe or request our Services as described on our Subscribe page. All fees payable are non-refundable. Prices are subject to change in our sole discretion.

3. LICENSE TERMS We hereby grant to you a perpetual, non-exclusive, non-transferable license to use the content of our newsletters (“Content”). All rights in and to the Content, including, without limitation, all copyright and other intellectual property rights relating to the Content, are retained by us. You may use the Content for your personal use however you may NOT: (a) Claim copyright to any of the Content (b) Sell or give away the Content. (c) Sub-license, re-sell, rent, lend, assign, gift or otherwise transfer or distribute the Content or the rights granted under this Agreement. (d) Reproduce, duplicate, copy, sell, resell or exploit for our Services for any commercial (including any portion of, use or access to the Services). If you are uncertain whether your proposed use is permitted under this license, please contact us for further guidance.

4. TERMINATION You agree that we may, in our sole discretion, suspend, terminate or discontinue the Services and remove and discard any Content within the Services, without notice, for any reason, including but not limited to a violation of these Terms and Conditions. We shall not be liable to you or any third-party for any such suspension, termination or discontinuation.

6. DISCLAIMER All information provided within the Site and Services is for informational purposes. It is not intended to be used as a complete source of information on any particular investment, security, company or industry. You agree that you must evaluate, and bear all risks associated with, the use of any Content, including any reliance on the accuracy, completeness, or usefulness of such Content. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice, or other Content.

7. REPRESENTATIONS AND WARRANTIES TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, THE INFORMATION, CONTENT AND MATERIALS ON THE SITE AND CONTAINED IN THE SERVICES ARE PROVIDED AS IS AND WITHOUT ENDORSEMENTS OR WARRANTIES OF ANY KIND EITHER EXPRESSED OR IMPLIED. WE DISCLAIM ALL WARRANTIES, EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. WE MAKE NO REPRESENTATIONS REGARDING THE USE OR THE RESULTS OF THE SITE, SERVICES OR CONTENT IN TERMS OF THEIR CORRECTNESS, ACCURACY, RELIABILITY, OR OTHERWISE. USE IS AT YOUR SOLE RISK. WE ARE NOT RESPONSIBLE FOR THE ACCURACY OR RELIABILITY OF ANY OPINION, ADVICE, OR STATEMENT IN THE SERVICES OR THE SITE.

9. LIMITATION OF LIABILITY IN NO EVENT SHALL WE BE LIABLE FOR ANY INCIDENTAL, INDIRECT OR CONSEQUENTIAL DAMAGES WHATSOEVER (INCLUDING DAMAGES FOR LOSS OF OR ANTICIPATED PROFITS) IN CONNECTION WITH ANY CLAIM, LOSS, DAMAGE, ACTION, SUIT OR OTHER PROCEEDING ARISING UNDER OR OUT OF THE USE OF THE SITE, CONTENT OR THESE TERMS AND CONDITIONS, INCLUDING WITHOUT LIMITATION DUE TO CIRCUMSTANCES BEYOND OUR CONTROL INCLUDING ACTS OF GOD, POWER FAILURE AND STRIKES; UNAVAILABILITY; ERRORS; OR YOUR USE OF, RELIANCE UPON, ACCESS TO, OR EXPLOITATION OF THE CONTENT, OR ANY PART THEREOF, OR ANY RIGHTS GRANTED TO YOU HEREUNDER. IN ANY EVENT, OUR TOTAL MAXIMUM AGGREGATE LIABILITY UNDER THIS AGREEMENT, THE LICENSE PROVIDED HEREUNDER, OR THE USE OR EXPLOITATION OF ANY OR ALL OF THE CONTENT IN ANY MANNER WHATSOEVER SHALL BE LIMITED TO ANY FEES ACTUALLY PAID BY YOU IN RESPECT OF THE USE OF THE RELEVANT CONTENT.

10. GENERAL PROVISIONS (a) Our failure to insist upon or enforce strict performance of any provision of these Terms and Conditions shall not be construed as a waiver of any provision or right. (b) This Agreement is personal to you and is not assignable by you without our prior written consent. (c) If all or part of any provision of these Terms and Conditions is deemed unenforceable, the parties or, in the event the parties are unable to agree, a court of competent jurisdiction, shall put in place of such whole or part provision an enforceable provision or provisions, that as nearly as possible reflects the terms of the unenforceable whole or part provision. (d) You agree to pay and be responsible for any and all sales taxes, use taxes, value added taxes and duties imposed by any jurisdiction as a result of the license granted to you, or of your use of the Content, pursuant to this Agreement. (e) Recognizing the global nature of the Internet, you agree to comply with all local rules regarding online conduct and acceptable Content. Specifically, you agree to comply with all applicable laws including the country in which you reside or in which you are located.

DISCLAIMER

All information provided within the Site and Services is for informational purposes. It is not intended to be used as a complete source of information on any particular investment, security, company or industry. You agree that you must evaluate, and bear all risks associated with, the use of any Content, including any reliance on the accuracy, completeness, or usefulness of such Content. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice, or other Content.

This report is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation.  By accepting this report, the recipient hereof represents and warrants that he is entitled to receive such report in accordance with the restrictions set forth below and agrees to be bound by the limitations contained herein. Any failure to comply with these limitations may constitute a violation of law. This publication is being supplied to you strictly on the basis that it will remain confidential. No part of this report may be (i) copied, photocopied, duplicated, stored or reproduced in any form by any means or (ii) redistributed or passed on, directly or indirectly, to any other person in whole or in part, for any purpose without the prior written consent of RICHARD DUNCAN.  Unless otherwise specified, this report is based upon sources which RICHARD DUNCAN considers to be reasonable. Whilst every effort is made to ensure that statements of facts made in this report are accurate, all estimates, projections, forecasts, expressions of opinion and other subjective judgments contained in this report are based on assumptions considered to be reasonable as of the date of the document in which they are contained and must not be construed as a representation that the matters referred to therein will occur. Past performance is not a reliable indicator of future performance. The value of investments may go down as well as up and those investing may, depending on the investments in question, lose more than the initial investment. No report shall constitute an offer or an invitation by or on behalf of RICHARD DUNCAN or his affiliates to any person to buy or sell any investments. RICHARD DUNCAN, his affiliates and related companies, their directors, associates, connected parties and/or employees may own or have positions in securities of the company(ies) covered in this research report or any securities related thereto and may from time to time add to or dispose of, or may be materially interested in, any such securities. The analyst responsible for the production of this report hereby certifies that the views expressed herein accurately and exclusively reflect his personal views and opinions about any and all of the subjects analyzed in this report and were prepared independently and autonomously. The information contained in this research report is prepared from data believed to be correct and reliable at the time of issue of this report. RICHARD DUNCAN may or may not issue regular reports on the subject matter of this report at any frequency and may cease to do so or change the periodicity of reports at any time. RICHARD DUNCAN is under no obligation to update this report in the event of a material change to the information contained in this report. This report does not purport to contain all the information that a prospective investor may require. RICHARD DUNCAN or any of his affiliates does not make any guarantee, representation or warranty, express or implied, as to the adequacy, accuracy, completeness, reliability or fairness of any such information and opinion contained in this report. Neither RICHARD DUNCAN nor any of his affiliates shall be liable in any manner whatsoever for any consequences (including but not limited to any direct, indirect or consequential losses, loss of profits and damages) of any reliance thereon or usage thereof. This report is general in nature and has been prepared for information purposes only. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. The information and opinions in this report are not and should not be construed or considered as an offer, recommendation or solicitation to buy or sell the subject securities, related investments or other financial instruments thereof. Investors are advised to make their own independent evaluation of the information contained in this research report, consider their own individual investment objectives, financial situation and particular needs and consult their own professional and financial advisers as to the legal, business, financial, tax and other aspects before participating in any transaction in respect of the securities of company(ies) covered in this research report. The securities of such company(ies) may not be eligible for sale in all jurisdictions or to all categories of investors.