The gd version that you have on the hosted site looks good to me. When I view the page you posted a link to it shows in my browser without issue. I'm including a screen shot of what I see when I go to this link. If it is not showing for you locally you should confirm the gd settings there to see if they are the same as your hosted server.
![](/forums/attachments/13399/cache/var/www/vhosts/webassist.com/user_uploads/forums/attachments/13399/proportion/screen%20shot_w128_h100/screen%20shot_11170736.jpg)