12 votes

Gold and Silver Considered 'Dangerous Goods' by FedEx

Amagi Metals was informed today that FedEx will no longer be shipping contents of more than $2,500 worth of precious metals to Europe and Asia. The company stated that the goods were considered 'dangerous'....but only in amounts of $2,501 and over?

Once again regulation getting in the way of business. Just to be clear, FedEx is not a private shipping provider. While they do operate differently than the USPS in terms of funding, they are still held to the government rules and regulations when it comes to shipping. I think this calls for a new shipping company that takes the risk of working outside of these parameters!



Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

by law only the USPS may deliver 'letters'.

When fedex does it they are called 'packages' strictly as a legality.

Daily Paul cured my abibliophobia.

A threat, indeed

Precious metals are "dangerous" to the existing monetary system. Shiny gold and silver illuminate the ever-increasing worthlessness of paper promises, undermining fiat currencies the world over.