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Trillions of dollars, pounds and euros are flooding into the all-important energy sector. Some $125 TRILLION.

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Important Risk Warnings:

Advice in The Fleet Street Letter does not constitute a personal recommendation. Any advice should be considered in relation to your own circumstances, investment objectives and risk tolerance. Before investing you should consider carefully the risks involved, including those described below. If you have any doubt as to suitability or taxation implications, seek independent financial advice.

General - Your capital is at risk when you invest, never risk more than you can afford to lose. Past performance and forecasts are not reliable indicators of future results. Bid/offer spreads, commissions, fees and other charges can reduce returns from investments. There is no guarantee dividends will be paid.

Overseas shares - Some recommendations may be denominated in a currency other than sterling. The return from these may increase or decrease as a result of currency fluctuations. Any dividends will be taxed at source in the country of issue.

Funds – Fund performance relies on the performance of the underlying investments, and there is counterparty default risk which could result in a loss not represented by the underlying investment.

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Capital gains from commodities are subject to capital gains tax. Tax treatment depends on individual circumstances and may be subject to change in the future.

The Financial Conduct Authority does not regulate certain activities, including the buying and selling of commodities such as gold, and investments in cryptocurrencies. This means that you will not have the protection of the Financial Ombudsman Service or the Financial Services Compensation Scheme.

Investment Director: Eoin Treacy. Editor-in-Chief: Nick Hubble. Editors or contributors may have an interest in shares recommended. Information and opinions expressed do not necessarily reflect the views of other editors/contributors of Southbank Investment Research Limited. Full details of our complaints procedure, privacy policy and terms and conditions can be found at www.southbankresearch.com.

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