Mexican Authorities Seize 150 Ounces of Gold From U.S. Citizen Headed to Panama

Mac Slavo- January 25th, 2011
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If part of your wealth diversification strategy includes the stockpiling of gold and silver bullion outside of the United States, be warned.

According to Mexican newspaper El Siglo De Torreon, http://www.elsiglodetorreon.com.mx/noti ... e-oro.html Thomas Martin of the United States was recently stopped by Federal Police at the Mexico International Airport while passing through airport security. A scan of his luggage revealed that Martin, who was on his way to Panama City, had stashed some 150 gold coins into his travel bag.

Mexican police reportedly seized the coins, even after Martin produced a copy of a receipt for at least 51 of the coins. Police noted that Martin showed “obvious nervousnessâ€