Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

GoldSeek.com Radio: John Williams and Louis Navellier, and your host Chris Waltzek
By: radio.GoldSeek.com

Gold Market Update
By: Clive Maund

Technical Scoop - Weekend Update Nov 19
By: David Chapman

Zero Hedge invites Financial Times to heed GATA's urging on gold suppression
By: Chris Powell

The Great Retirement Con
By: Adam Taggart

Perspective on the Gold/Oil Ratio, Macro Fundamentals and a Gold Sector Bottom
By: Gary Tanashian

Global Silver Investment Demand Maybe Down, But Still Double Pre-2008 Market Crash Level
By: Steve St. Angelo

Secular Bull Stock Market?
By: Gary Savage

Gold Seeker Weekly Wrap-Up: Gold and Silver Gain Over 1% and 2% on the Week
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 11 17 2017
By: Ira Epstein

 
Search

GoldSeek Web

 
Transport Gold and Silver Internationally with Bitcoin.


 -- Published: Wednesday, 7 May 2014 | Print  | Disqus 

By Randy Hilarski

I am often asked by my fellow Gold and Silver bullion investors, “What is the best way to transport gold and silver internationally?” Technology is making our lives easier and easier! The easiest and possibly cheapest way to transport gold and silver internationally is with Bitcoin.

Why Transport My Gold and Silver to a Different International Location.-

  • Fear of government confiscation.
  • You are moving to a different country.
  • You want your gold and silver holdings in multiple jurisdictions.

The world is constantly changing. The laws governments impose seem to change daily. It is wise for a person who has prudently saved with gold and silver bullion to think about diversifying where their holdings are stored. I want to make it clear that gold and silver bullion are my favorite investments. When it comes to gold and silver we all know that we must always be as cautious as possible.

Traditional Ways to Transport Gold and Silver Internationally.-

  • Carry it personally and declare your gold and silver.
  • Use a door to door service like Brinks to fly your gold and silver to your final destination.
  • Sell your gold and silver, convert to currency and wire transfer the money to your destination where you will need a bank account.
  • Sell your gold and silver, convert to currency and wire transfer the money to a gold and silver broker at your final destination.

Remember the story of this gentleman? He was simply flying to Panama with a layover in Mexico. The Mexican authorities found the gold bullion and arrested him. You do not want this to happen to you! Always declare your precious metals when flying internationally.

Gold Seized in Mexico as Passenger was on His Way to Panama

Man swallows 12 Gold Bars to Avoid Indian Authorities and Taxes.

Why would I use #Bitcoin?

  • Bitcoin is quickly becoming the easiest option to move money internationally with some of the lowest exchange rates.
  • Bitcoin can be loaded to your online or offline wallet and be redeemed wherever you relocate.
  • Bitcoin can be redeemed peer to peer or by connecting a bank account to your online wallet.

How to use Bitcoin to Transport Gold and Silver Internationally.-

  1. Sell or trade your gold and silver bullion in your country for currency or Bitcoin.
  2. Load the funds to your Bitcoin wallet.
  3. Travel to your final destination.
  4. Cash out some Bitcoin.
  5. Purchase gold and silver bullion at your final destination.

Why the Hell Should I Go Through all this Hassle?-

  • The risk of transporting gold and silver is too high.
  • The cost of transporting gold and silver with Brinks and other door to door services is very expensive.
  • The stress of moving your precious metals is not worth it.
  • For Americans FATCA means you have to declare any foreign bank accounts.

Who do I Buy Gold and Silver from at My Destination?-

  • There seems to be small private dealers in every country expats are located.
  • Many countries offer you the opportunity to buy gold and silver directly from banks.
  • Retail gold and silver dealers.
  • Pawn shops.

I often hear that Bitcoin it too complicated. Bitcoin is the future of currency. Remember in 1994-1997 when the internet was just beginning to become mainstream? We are at that point with crypto-currency. The earlier you adapt and learn, the better off you and your family will be.

Whatever you do make sure to follow the laws of the land. Each country has laws concerning transferring money and transporting money which includes gold, silver, currency and of course bitcoin. If you are looking to transport gold and silver internationally with bitcoin, make sure you know how bitcoin works before proceeding.

Transport Gold and Silver Internationally with Bitcoin. #Bitcoin #Travel by


| Digg This Article
 -- Published: Wednesday, 7 May 2014 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.