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Live Gold Spot
SPOT MARKET IS OPEN
closes in 05 hrs.49 mins.
Jan 02, 2008 NY Time
bid 841.06
change 5.16
contractmonth 2008-01-01
high 841.90
open 835.90
openint
pctchangeS 0.62
prevclose 835.9
time_ymdhms 2008-01-02 05:49:38
volume
Silver & PGM'S
SPOT MARKET IS OPEN
closes in 05 hrs.49 mins.
Jan 02, 2008 NY Time
bid 14.88
change 0.04
contractmonth 2008-01-01
high 14.91
open 14.84
openint
pctchangeS 0.27
prevclose 14.84
time_ymdhms 2008-01-02 05:49:33
volume
Due to increased alarm regarding terrorism, international drug dealing, money laundering, and concerns over untaxed income, the U.S. government has commenced scrutiny of a number of industries not formerly required to provide reporting on the sales activities of U.S. persons. On February 3, 2002 new software programs were installed by Crowne Gold, which will generate 1099-B reports for all U.S. Persons. The U.S. 1099-B form is an Internal Revenue Service document designed to list total annual SALES made through the Crowne Gold system, (not purchases), so in order to determine profits or losses sustained on the annual SALE of gold and silver a separate profit analysis report will be provided to clients of the system.

All account holders, be they U.S. persons or otherwise, will receive an annual profit or loss compilation based upon SALES and the purchase price actually paid for the gold or silver sold. Profit analysis is based on the accounting principal of "first in, first out."

Please note, that the purchase of precious metal DOES NOT constitute a taxable event, only the SALE of an item triggers the calculation of profit or loss.

  International Customer Service: 1-869-466-4977USA Customer Service: 1-775-841-3573