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CBTMA

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I just like shiny things.

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gm

https://youtu.be/0xaEdx0FTm8

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>>62296685
>multiple variety edition
>

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Good morning, I like silver.

I've got some first hand information that might be useful to some of you.

I recently traveled from the USA, through Japan, to Thailand carrying a 1 oz gold Krug. Partly as an experiment and partly because I didn't want to end up losing my property or worse, I made full disclosure all the way.

As you probably know, the USA requires disclosure of cash or cash equivalents in excess of $10,000 when entering or leaving the country. There are no limits or fees or taxes or explanations required. Just disclosure. Failure to disclose and they just take your shit.

When I left the USA, I had the Krug and around $5000 in cash on me. The total value was around $10,000 so I sought out Border Patrol to disclose. It was a bit of a hassle getting to the proper Border patrol agents. It seemed like it was an uncommon request. Anyway, the Border Patrol guy was pretty cool. He spoke with disgust about how the government will use any excuse to take your money and said there will be no mercy if they catch you carrying over $10,000 without disclosure.

But he said they don't deal with gold. It isn't covered by the disclosure requirement. The interesting part is that he said the reason they don't care about gold coins is because they have no serial numbers. They are only interested in cash and other paper that can be traced via serial numbers. Of course some gold bars have serial numbers, but the government doesn't track them the way they do cash, bonds, cashier's checks, money orders, etc. So, no need to declare gold or silver coins. And probably no need to declare gold or silver bars even with serial numbers.

On to Japan.

Continued . . .

Japan has a customs declaration form that specifically calls for declaration of gold in any form or amount. And my understanding is that they assess a tax on entry. I specified on the form that I had gold. When I got to the customs lady, she asked me about the gold. I showed her the coin. She asked if I only had one (answer yes). She looked at it briefly. She noted that I was just doing a layover in Tokyo, staying at the airport hotel, and leaving the next day. She waived me on. I think both factors are significant - small amount and just passing through. A larger amount or longer stay in the country at large may have been different. Remember, even Japanese officials don't want extra work if they can avoid it. The best bet if passing through like I was is to stay in the "airside" hotel inside the security perimeter. Then no declaration is required at all.

On to Thailand

wtf is going to happen when it becomes prohibitively expensive to make electronics

>>62296835
You go outside

>>62296843
not so bad then

Continued . . .

As you might expect, Thailand is not as tightly organized as Japan. It seems that you are expected to know what you are required to declare on entry. I had done some research and the law on gold is unclear. But it seems that in some instances - large amounts and bars - declaration is required and a tax is levied. Failure to declare what you need to declare is a crime.

I walked up to the Customs desk and told the two young officers I was bringing in gold. They acted like it was a novel situation for them. They looked at the coin, asked if I had just one, frowned a little, and then waived me through.

So there you have it. Three countries, full disclosure, and no problems traveling with gold. I would speculate that small amounts of silver are even easier.

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>just buy at the top bro

Not buying your bags

>>62296814
>, no need to declare gold or silver coins. And probably no need to declare gold or silver bars even with serial numbers.
>
Said it before, but nobody listened

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who's up for another week in the red? I love losing money with precious metals

>>62296875
This. I sold some gold this week for 3x what I paid for it in 2016. I appreciate everyone in this thread for being my exit liquidity. I'll be sure to buy it back when it's around $1.5k - $2k per ounce.

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Its happening

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we lose again it was all a scam

>>62296903
If drumpf the orange retard was a real nigga he'd audit comex

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>>62296685
love maple leafs

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>>62296919

>>62296919
I do not like maple leafs. Canada sucks!

>>62296685
Is gold even worth it over silver if you are a wage cuck that doesn't even make over $30k/year

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>>62296927
what about south africa?

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>>62296932

>>62296928
Why don't you just have one ounce to diversify?
>>62296932
Youre doing south africa a favor by taking their precious metal away from them, so I approve.

>>62296938
I'm sitting at just over half an oz rn

>>62296952
I like nice even numbers. Its just the way I am

SNEED.

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>>62296957