Ah, the 6% per annum was a type, see message below.
----- Original Message -----
From: [EMAIL PROTECTED]
To: Ken Griffith
Sent: Saturday, July 07, 2001 3:18 PM
Subject: RE: Major typo in your FAQ


Thanks for writing -- you are correct in that this is a typo and could be
confusing.  The storage fee is calculated on an annual basis using a
standard Banking calendar, and this typo will be sent to tech for
correction.

If there may be anything further we can do please let us know.

Regards,

William

E-Bullion Company Inc.
*your global e-commerce hub*
www.e-bullion.com
[EMAIL PROTECTED]

  -----Original Message-----
  From: Ken Griffith [mailto:[EMAIL PROTECTED]]
  Sent: Saturday, July 07, 2001 12:04 PM
  To: [EMAIL PROTECTED]
  Subject: Major typo in your FAQ


  I am assuming this is a type in your FAQ.  The way the first line is
written it says that your agio fee is 6% per year (0.5% x 12 months).
However, the following line says that your monthly formula is (0.5% divided
by 12 months).  These are contradictory.  I assume that the 0.5% per annum
figure is correct.  Please clarify, thanks.

  Storage Fee

  You will be assessed a one half (1/2) of 1% storage fee monthly.  This is
to offset the costs associated with supplying secure, safe and insured
storage facilities for the physical bullion.  This fee is calculated upon
the weight of the metal in individual accounts once a month and is deducted
from each account.  The formula is: Account Balance times .50% divided by 12
(months).


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