> [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).] That's a misstatement, and corrected even in the formula provided above. The fee is 1/2 of 1 percent per YEAR, assessed monthly. So 1/2% divided by 12 per MONTH. = 0.0417% per month. This actually calculates out to be 1.005% per year. SnowDog --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
