REGULATION INFORMATION

IRS Reporting Requirements

Folsom Gold Exchange is required to file Internal Revenue Service Information Form 1099-B for the following precious metals sales for a single customer within a 24-hour period:

Reportable Item	Minimum Fineness	Minimum Reportable Amount
Gold Bars	.995	Any size bars totaling 1 Kilo (32.15 troy oz.) or more
Silver Bars	.999	Any size bars totaling 1,000 troy oz. or more
Platinum Bars	.9995	Any size bars totaling 25 troy oz. or more
Palladium Bars	.9995	Any size bars totaling 100 troy oz. or more
Gold 1 oz. Maple Leaf	As minted	25 1-oz. coins
Gold 1 oz. Krugerrand	As minted	25 1-oz. coins
Gold 1 oz. Mexican Onza	As minted	25 1-oz. coins
U.S. 90% Silver Coins	As minted	Any combination of dimes, quarters, or half-dollars totaling $1,000 face value or more

Note: Sales of quantities less than shown on the chart above, or sales of other precious metals, are not reportable on Form 1099-B.

W-9 Requirement: If you engage in a reportable sale, Folsom Gold Exchange will require that you complete and sign IRS Form W-9, Request for Taxpayer Identification Number and Certification, before completing the transaction.

For more information, visit www.irs.gov.

Cash Transaction Policy

Gold Exchange, like all financial institutions, is required to comply with state and federal laws and regulations which require that we know who is conducting a transaction with us. Gold Exchange operates in full compliance with the USA Patriot Act, Bank Secrecy Act, and Anti Money Laundering Compliance Program. For additional information please visit:

If you have questions about reporting cash activity, contact the Internal Revenue Service (IRS) at www.irs.gov.

For questions about any other requirements, contact the Financial Crimes Enforcement Network (FinCEN) at www.fincen.gov.