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Thread: taking gold/silver through an airport? read this first

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    Default taking gold/silver through an airport? read this first

    http://www.cbp.gov/xp/cgov/newsroom/...05312010_2.xml

    U.S. Customs and Border Protection officers at the George Bush Intercontinental Airport, Houston, seized $253,294 in cash and $159,382 in gold and silver in 14 separate seizures during May.

    “Customs and Border Protection is charged with enforcing hundreds of U.S. laws,” said Jeffrey O. Baldwin, Sr., CBP Houston field operations director. “In this instance, the law requires anyone traveling to or from the U.S. carrying monetary instruments exceeding $10,000 declare that amount. When travelers fail to do that, they run the risk of having that currency or monetary instruments seized.”

    In nine separate instances, CBP officers seized currency from travelers departing the U.S. without declaring actual amounts even when asked directly. Officers discovered undeclared currency stuffed in envelopes, in pockets or carry-on bags and, in one instance, the currency was sewn into the traveler’s boxer shorts.

    Officers seized one bar of gold, two silver bullion bars and three bottles of gold nuggets because travelers failed to file a shipper’s export declaration. This automated declaration is required when transporting a commodity out of the country valued at least $2,500. Failure to file a shipper’s export declaration can result in the commodity’s seizure.

    According to the Department of Treasury’s Financial Crimes Network, there is no limit to the amount of currency a traveler can bring into or take out of the country as long as any amount exceeding $10,000 is filed with CBP.

    Seized currency is turned over to CBP’s Fines, Penalties and Forfeitures division while Immigration and Customs Enforcement investigates to determine if criminal proceedings are warranted. All seized currency not related to a criminal case will be forward to the Department of Treasury.

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    Default Re: taking gold/silver through an airport? read this first

    But this law came about for your protection!
    Oppressing everyone to avoid oppressing anyone is the egalitarian ethos gone mad.- Daniel Greenfield

    You don't have a soul. You are a Soul. You have a body. -C.S. Lewis

    The home of the brave came before the land of the free.



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    Default Re: taking gold/silver through an airport? read this first

    I'd like to see the people focusing more on overturning things like these forfeiture laws, which to me look like a direct contradiction of the constitutions protections regarding violations of due process, rather than worrying about telecommunications taxes or medicare for seniors. If they did, they just might win an election some day.

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    Default Re: taking gold/silver through an airport? read this first

    This law is only for commoners the super rich just load it onto a yacht or private jet and take it to a private island. Substitute the word "stolen" where the article says seized. Seized means they hold onto it, stolen is they never return it and use it as a gain.
    The Golden rule: Those that own the gold make the rules.

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    Default Re: taking gold/silver through an airport? read this first

    I've never even heard of that shipper's export. wtf?

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    Default Re: taking gold/silver through an airport? read this first

    I've wondered for a while how, in some hypothetical situation, one could literally ship pounds of gold out of North America (specifically Canada) to say... Tangiers or San Jose, Costa Rica? I understand the U.S. has more capital controls but can one just send it FedEx and pay 1 or 2% insurance, how simple or complicated is it?
    "The planet's ****ed, it's your fault and it's getting worse. Have a nice weekend!" - Deek Jackson

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    Default Re: taking gold/silver through an airport? read this first

    And you thought those new body scanners were there for security purposes?! They're there to find your metal and cash. Even Papillon's trick couldn't hide stuff from the body scanners! We're doomed.

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    Default Re: taking gold/silver through an airport? read this first

    Pisses me off to no end
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    Default Re: taking gold/silver through an airport? read this first

    I would never go through an airport, let alone send gold or silver through one.
    I'm a jeenyus, and i approve this massage.

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    Default Re: taking gold/silver through an airport? read this first

    Quote Originally Posted by GOLDZILLA View Post
    I would never go through an airport, let alone send gold or silver through one.
    The world HAS changed. Six years ago, I traveled to southern France and took a pouch of roosters and sovereigns with me... Just. In. Case. No problems going through Customs. I would never venture to do that now... crummy seizure rules aside.

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    Default Re: taking gold/silver through an airport? read this first

    Applies only to currency and commodities? How about minted coins? Silver bars, (Rounds) are they a "commodity" or an art piece. What about jewelery?
    A Rolex Watch...are they allowed to grab Rolexes?
    Silver American Eagles are legal coins...face value of $1 each...so can you carry 2499 of them without a problem?
    How about pre '65 U.S. 90% silver coins?

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    Default Re: taking gold/silver through an airport? read this first

    [QUOTE the law requires anyone traveling to or from the U.S. carrying monetary instruments exceeding $10,000 declare that amount.QUOTE]

    Just curious....what if someone is carrying that kind of cash on a flight within U.S. boundaries? New York to L.A.? Boston to Miami? Detroit to Phoenix? Does the T.S.A detain & question you or do you simply walk to your gate and board the plane?

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    Default Re: taking gold/silver through an airport? read this first

    Quote Originally Posted by JayDubya View Post
    [QUOTE the law requires anyone traveling to or from the U.S. carrying monetary instruments exceeding $10,000 declare that amount.QUOTE]

    Just curious....what if someone is carrying that kind of cash on a flight within U.S. boundaries? New York to L.A.? Boston to Miami? Detroit to Phoenix? Does the T.S.A detain & question you or do you simply walk to your gate and board the plane?
    Best practice by my experience is to request a private screening.

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    Default Re: taking gold/silver through an airport? read this first

    Quote Originally Posted by Gcubed View Post
    Best practice by my experience is to request a private screening.
    PLEASE tell me that we're still talking about going through an airport.

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    Default Re: taking gold/silver through an airport? read this first

    Quote Originally Posted by Somesilver View Post
    Applies only to currency and commodities? How about minted coins? Silver bars, (Rounds) are they a "commodity" or an art piece. What about jewelery?
    A Rolex Watch...are they allowed to grab Rolexes?
    Silver American Eagles are legal coins...face value of $1 each...so can you carry 2499 of them without a problem?
    How about pre '65 U.S. 90% silver coins?
    I think you can carry 9999 SAE's without a problem. It's legal tender....
    Far better is it to dare mighty things, to win glorious triumphs, even though checkered by failure... than to rank with those poor spirits who neither enjoy nor suffer much, because they live in a gray twilight that knows not victory nor defeat.

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    Default Re: taking gold/silver through an airport? read this first

    Quote Originally Posted by JayDubya View Post
    PLEASE tell me that we're still talking about going through an airport.
    Yup, through the airport. Contact a TSA supervisor.

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    Default Re: taking gold/silver through an airport? read this first

    I'm shocked that this isn't common knowledge here.
    If you carry 10,000 in cash, domestically, thru an airport, or thru a traffic stop, you are risking seizure. The burden of proof is on you.

    PS - Bullion can and will be viewed at spot value by homeland security.

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    Default Re: taking gold/silver through an airport? read this first

    Quote Originally Posted by skyvike View Post
    I think you can carry 9999 SAE's without a problem. It's legal tender....
    That would be one HEAVY carry on!!

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    Default Re: taking gold/silver through an airport? read this first

    Quote Originally Posted by Gcubed View Post
    That would be one HEAVY carry on!!
    Far better is it to dare mighty things, to win glorious triumphs, even though checkered by failure... than to rank with those poor spirits who neither enjoy nor suffer much, because they live in a gray twilight that knows not victory nor defeat.

    Theodore Roosevelt

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    Default Re: taking gold/silver through an airport? read this first

    This enforcement of a $10,000 amount probably has something to do with the Internal Revenue Service.

    Remember that we have to pay tax on all our income!

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    Default Re: taking gold/silver through an airport? read this first

    Quote Originally Posted by Treasure Searcher View Post
    This enforcement of a $10,000 amount probably has something to do with the Internal Revenue Service.

    Remember that we have to pay tax on all our income!
    Not really. It has more to do with the "Know your Customer Act" http://www.knowyourcustomer.net/
    Asset forfeiture laws are the biggest sanctioned law enforcement crime since Kristallnacht.

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    Default Re: taking gold/silver through an airport? read this first

    Quote Originally Posted by Gcubed View Post
    Best practice by my experience is to request a private screening.
    Exactly! And also request that they use lubrication. I found out the hard way.

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    Default Re: taking gold/silver through an airport? read this first

    Quote Originally Posted by Green Light View Post
    Exactly! And also request that they use lubrication. I found out the hard way.
    You're flying out of the wrong airport!!!

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    Default Re: taking gold/silver through an airport? read this first

    Quote Originally Posted by Gcubed View Post
    Best practice by my experience is to request a private screening.
    Do you still have to declare on the form, or is 'asking' = declaring?
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    Default Re: taking gold/silver through an airport? read this first

    Quote Originally Posted by Goldhedge View Post
    Do you still have to declare on the form, or is 'asking' = declaring?
    I've never declared anything on domestic flights. I let them see what I'm transporting privately. I hate opening a briefcase around prying eyes.

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    Default Re: taking gold/silver through an airport? read this first

    I asked for a private screening in 07 when flying domestically and I created a huge buzz. Other agents were summoned and the private search was conducted just to the side of the gateway in full view of the public.
    I was harassed by the agents and repeatedly asked about any cash I might be carrying and how much. When I didn't answer, that was pointed out as well.

    I got past without any losses but it was with a bit of anxiety and a sigh of relief. I only had about 200 rounds with me I won't be repeating the process. Anyone who shows up with 9000 oz of SAE's will be filing paper work to attempt to reclaim his property.

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    Default Re: taking gold/silver through an airport? read this first

    9k oz. and you won't be taking that on in a carry on

    don't panic jdub. no restrictions w/i the USA (unsure about traveling to the territories though). expect some bugged out TSA eyeballs but you are fully w/i your rights to travel with your own possessions.

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    Default Re: taking gold/silver through an airport? read this first

    Don't carry that much with you. Take a few fractionals and mix them in with some pocket change in your bag.
    How much is that in paper?

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    Default Re: taking gold/silver through an airport? read this first

    Quote Originally Posted by GoldToHold View Post
    don't panic jdub. no restrictions w/i the USA (unsure about traveling to the territories though). expect some bugged out TSA eyeballs but you are fully w/i your rights to travel with your own possessions.
    Really. No Restrictions? LOL! You must work for the Justic Department?

    http://www.fear.org/

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    Default Re: taking gold/silver through an airport? read this first

    Have you forgotten the Ron Paul supporter getting detained for just a few thousand dollars. This was a domestic flight.

    http://www.youtube.com/watch?v=c0SXuclz47Y

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    Default Re: taking gold/silver through an airport? read this first

    Sigh. Guess I'm gonna have to take up another expensive hobby. Scuba diving.


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    Default Re: taking gold/silver through an airport? read this first

    Quote Originally Posted by po14015 View Post
    Have you forgotten the Ron Paul supporter getting detained for just a few thousand dollars. This was a domestic flight.

    http://www.youtube.com/watch?v=c0SXuclz47Y
    no, I was not even aware of this incident! thank you for the video. watching this one too: http://www.youtube.com/watch?v=KWcUF...eature=related

    I had been traveling domestically with pm's pretty much w/o incident other than brief secondary "semi-private" inspections at the check point for carry on contents.

    last year I moved from one end of the country to the other literally with the kitchen sink. paid thousands in excess baggage fees! the most hassle was transporting some of the firearms - dealing with TSA at the counter over regs wrt # of locks / soft vs. hard sided suitcases. had to rearrange & repack right there or was not leaving. I had all paperwork and permits assembled. ammo was not an issue as I pre-weighed it. of course they asked what the heck was going on and I told them we're moving (and getting married!). we got lots of congratulations and best wishes

    there's no doubt that once I declared at the counter all our baggage and movements were tracked. the security check already knew we were moving lock stock and barrel to another state. we pretty much flew threw that other than I got a pat down and the secondary with the carry on. they really didn't care about the PMs other than being able to take out and look. when we were boarding spotted a TSA agent casually walking up to the gate and then she whipped out a cell phone and was taking pictures. I smiled

    so it was w/o incident as before. other than at one stopover witnessing 1/3 of our checked boxes falling off the conveyor from about 15' up and not being able to do anything

    home now, happily married and haven't flown since.

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    Default Re: taking gold/silver through an airport? read this first

    Me and my brother drove to Canada through New York about 2003 and it was easy to get into Canada. Coming back was the bitch. They locked us in a room and wanted to count our cash. We were told the magic number for them to steal cash was $2,500 , and that even meant if I had $1,500, and he had $1,000 they would count it as $ 2,500. We were lucky that my brother lost his ass in the casino, because we were 100 bucks under having it stolen. While we were locked in this room, they were running all kinds of scanners on the car and mirrors on a stick, while the mexicans in the car behind us sailed right through.
    I'm a jeenyus, and i approve this massage.

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