Old Project Avalon Forum (ARCHIVE) - View Single Post - Why Gold Is Dropping When It Shouldn't (by Alex Wallenwein)

TAXMASTER · 10-28-2008, 07:46 PM

it depends on how much you are talking about. the coins can be in your purse or coin pouch if you got 20 to 50 of them. otherwise, i do not reccommend smuggling any. if you and 3 other people are traveling, have each carry some. 1 ounce of gold is about the size of a 50 cent piece.

it is not advisable to "sneak" (conceal) any money across the border because they can charge you with money laundering. if you transport more than $10,000 in currency, you are supposed to fill out a report with customs. however if you have us gold eagles, the denomination is $50 for a gold coin so you could essentially bring 199 of them without having the required amount of currency.

Namaste'

10-28-2008, 07:46 PM	#31
TAXMASTER Avalon Senior Member Join Date: Sep 2008 Location: Terre Haute, Indiana Posts: 117	Re: Why Gold Is Dropping When It Shouldn't (by Alex Wallenwein) it depends on how much you are talking about. the coins can be in your purse or coin pouch if you got 20 to 50 of them. otherwise, i do not reccommend smuggling any. if you and 3 other people are traveling, have each carry some. 1 ounce of gold is about the size of a 50 cent piece. it is not advisable to "sneak" (conceal) any money across the border because they can charge you with money laundering. if you transport more than $10,000 in currency, you are supposed to fill out a report with customs. however if you have us gold eagles, the denomination is $50 for a gold coin so you could essentially bring 199 of them without having the required amount of currency. Namaste' Last edited by TAXMASTER; 10-28-2008 at 08:02 PM.