Copyright © 2016 Praetorian Wealth Management, Inc. All Rights Reserved. The information provided herein is not a complete analysis of every material fact respecting any industry, security, investment, or economic event or condition. Opinions expressed by Richard Hewitt are subject to change without notice. Statements of fact cited by Mr. Hewitt have been obtained from sources considered reliable. No representation, however, is made as to the completeness or accuracy of any statement or numerical data in the article. This publication may include technical or other inaccuracies or typographical errors. Praetorian Guard assumes no responsibility for errors or omissions in this publication or other documents which are referenced by or linked to this publication.

This publication is provided “as is” without warranty of any kind, either express or implied, including, but limited to, the implied warranties of merchantability, fitness for a particular purpose or non-infringement. In no event shall Praetorian Guard be liable for any damages whatsoever, including without limitation, special, incidental, indirect, or consequential damages of any kind, whether or not advised of the possibility of damage, and on any theory of liability, arising out of or in connection with the use or performance of information in this publication.

Other names, logos, designs, titles, words, or phrases in this publication may constitute trademarks, service marks, or trade names of other entities, which may be registered in other jurisdictions.

This publication is intended for educational purposes. The information contained in this publication is periodically updated. No statement in this publication should be construed as a recommendation to buy or sell a security or to provide investment advice.

Performance information is historical and should not be considered representative of current conditions. Some information contained herein may be preliminary and is subject to change without notice. Principal values and yields may vary and past performance is no guarantee of future returns.

Richard Hewitt is President of Praetorian Guard, a division of Praetorian Wealth Management, Inc., a California corporation.