Legal

Risk Disclaimer

Last updated: August 10, 2026

1.Not financial or investment advice

Aurum publishes written research, analysis, and market commentary for informational and educational purposes only. Nothing on Aurum is, or should be construed as, a recommendation, solicitation, or offer to buy, sell, or hold any security, cryptocurrency, commodity, derivative, or other financial instrument. A published price target is an argument about what could happen, not a forecast we stand behind and not a prompt to act.

Aurum and its operator are not a registered broker-dealer, investment adviser, commodity trading advisor, or financial planner, and are not registered with or licensed by the U.S. Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), the Commodity Futures Trading Commission (CFTC), the National Futures Association (NFA), or any other regulatory body. Using Aurum does not create any advisory, brokerage, or fiduciary relationship.

2.Substantial risk of loss

Trading and investing in financial markets — including stocks, indices, commodities, and especially cryptocurrencies and leveraged or margin products — carries a high level of risk. Prices can move rapidly and unpredictably. You may lose some or all of your invested capital, and with leverage you can lose more than your initial investment. Only trade with money you can afford to lose entirely without affecting your financial well-being.

3.No guarantee of performance

Research on Aurum is written by a human forming a view from public information, and that view may be incomplete, mistaken, or simply wrong. We make no representation or warranty that any thesis, price target, or piece of analysis will prove correct, be profitable, or avoid losses. Nobody can predict markets with certainty, and we do not claim to.

We publish the conditions that would prove a thesis wrong alongside the thesis itself. That is a discipline for making our reasoning checkable — it is not a stop-loss, not a risk-management system, and not a substitute for one of your own.

4.Track record & past performance

Aurum's record is a forward-only, time-stamped log of published theses — each one recorded when the paper went out, together with the entry level it was written against and the conditions that would prove it wrong. Entries are appended, never rewritten; corrections are posted as new entries so the original stays visible. Past performance is not indicative of and does not guarantee future results.

Read the record for what it is. It shows what was written and when, and whether it worked out. It is not audited, not verified by any third party, and not a performance claim about money actually traded — we publish no returns, and a thesis appearing on the record does not mean any position was ever taken. The results you would experience acting on the same research would differ, potentially materially, once entry timing, position sizing, fees, slippage, and your own judgement are involved.

5.Your decisions, your responsibility

You are solely responsible for evaluating any information provided by Aurum and for all trading and investment decisions you make. Before acting on anything you see here, do your own research and consider seeking advice from a licensed financial professional who understands your individual circumstances. Any action you take based on Aurum is taken entirely at your own risk.

6.Market data may be inaccurate or delayed

Prices, figures, charts, and data cited in our research are drawn from third-party sources and from public on-chain and market data. They may be delayed, revised, incomplete, or inaccurate, and a figure accurate on the day a paper is published can be stale by the time you read it. Do not rely on anything published here as the sole basis for a time-sensitive decision without verifying it independently against your broker, exchange, or the primary source.

7.Forward-looking statements

Any commentary, outlook, or analysis that discusses future events or potential price movement is opinion and speculation, not fact. Markets are influenced by countless factors outside anyone's control or prediction.

8.Positions & conflicts of interest

Assume the author holds positions in what he writes about. Aurum is written by an individual who trades his own money, and he frequently owns — or intends to buy — the assets covered in a paper. A thesis published here may therefore benefit the author if other readers act on it and the price moves in his favour.

The author may buy, sell, add to, or exit any position at any time, including in a direction that contradicts a paper still published on this site, and is under no obligation to disclose or update when that happens. There is no holding period, no restriction on trading around a publication, and no commitment to tell you when a view has changed.

Aurum takes no payment from any issuer, protocol, exchange, or third party in exchange for coverage, and no paper is sponsored. Membership revenue is the only income the publication receives. That removes one conflict; it does not remove the one above.