From: Daniel Sabba To: Jeffrey Epstein <'eevacation mail.com> Cc: Vahe Stepanian Subject: Copper [CI Sent: Thursday, January 15, 2015 4:12:56 PM Classification: Confidential Jeffrey - there are a lot of bullish OTC trades being circulated now. Contacts in the physical business are bearish short to medium term. We haven't personally formed a directional view, but wanted to check what yours is. Daniel This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA_R1_00043672 EFTA01748479