Epstein Secrets

From: Daniel Sabba Sent: Tuesday, January 13, 2015 2:51 AM To: Jeffrey Epstein Cc: Vahe Stepanian Subject: Oil and oil vols Classification: Public Trading com

050 EFTA02383477 in the housing market contines to provide serious concerns about demand. Societe Generale put the 2015 su=plus at —380 kMT while Macquarie put it at —98kMT. CitiGroup however=sees prices rising to $7000 by the end of 2015 as mines under perform and =ore copper is imported by China after

From: Daniel Sabba < Sent: Thursday, January 15, 2015 3:41 AM To: Jeffrey Epstein Cc: Vahe Stepanian Subject: quick update - crude vol + Brazil CDS Classificat

ns such as the 150kMT cut at Escondida and the 100 KMT=cut at Kennecott are rasing questions as to whether the global surplus exp=cted in 2015 with Macquarie expecting the market to be balanced. The late arrival of the rainy season in Zambia =nd Democratic Republic of Congo may have a significant impact o

From: Daniel Sabba c > Sent: Friday, January 9, 2015 1:53 AM To: Jeffrey Epstein Subject: Fw: EOD Commodities Note - 8 Jan [C] Classification: Confidential Vol

s =urchases from 600-700 kMT in 2014 to - 300 kMT in 2015 as domestic supply c=tches up with demand. Zinc open interest is looking very high leading Macquarie to suggest that prices may be going=down this quarter. Shanghai Aluminium on warrant stocks are down 3.52% =o 46.9 kMT. LME Aluminium on warrant st

From: Sent: To: Subject: Attachments: Daniel Sabba 1/9/2015 1:53:22 AM Jeffrey Epstein [[email protected]] Fw: EOD Commodities Note - 8 Jan [C] image001.jpg; image002.png Importance: High Classifi

its purchases from 600-700 kMT in 2014 to ~300 kMT in 2015 as domestic supply catches up with demand. Zinc open interest is looking very high leading Macquarie to suggest that prices may be going down this quarter. Shanghai Aluminium on warrant stocks are down 3.52% to 46.9 kMT. LME Aluminium on warrant stoc