Many people are confused about details and legality regarding the transportation of gold and silver across the border. Of course, so few people even own the stuff it’s hardly a popular topic.
However if you do want to know how to move gold overseas, you might be interested in this post from Simon Black.
Simon is ex special forces and world traveler in search of investment opportunities, previously a co-author of the Without Borders newsletter from Casey Research.
As you can see, it is perfectly legal and need not be reported. Although, you don’t want to look like you are hiding anything either.
Many investment newsletter writers are calling for not only personal gold ownership as a strategic part of your portfolio, but to have some of those precious metals stored out of this country (the U.S.A.). Little good it will do you, though, if you never leave the country anyway.
Best to store it in a foreign locale where you enjoy visiting, as long as that location is a safe and wise place to store it.
The safe and wise part of gold storage has been covered in past issues of the Casey’s Gold and Resource Report.
