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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: IngotWeTrust who wrote (74098)	7/27/2001 9:52:44 PM
From: goldsheet	Read Replies (1) \| Respond to of 116764

As stated in my original post, ICTA was kind enough to provide me a Consumer Kit, which although based on the more extensive information contained in the Dealer Kit, does not include the letter. REF: Message 16130829 Regarding "Broker Reporting" ICTA negotiated items and quantities for reporting: Gold Bars .995 1 kilo or more Silver Bars .999 1000 troy ounces or more Platinum Bars .9995 25 troy ounces or more Palladium Bars .9995 100 troy ounces of more Maple Leaf, as minted, 25 1oz coins Krugerrand, as minted, 25 1oz coins Mexican Onza, as minted, 25 1oz coins American Eagles, not reportable Fractional gold bullion, not reportable US 90% Silver Coins, as minted, any combiantion over $1000 face US 40% Silver Coins. not reportable. A 1099b form is required when a coin dealer buys (you sell) precious metals that satisfy the above requirements of a CFTC regulated futures contract. ICTA clearly states there is no reporting requirment when you buy (coin dealer sells)