I am in the process of moving some of my savings to gold but don’t want to trigger the IRS reporting or anything else for that matter. If I withdrawal $3,500 a day or a few times a week, will that cause problems? I have been saving for a while, and so it is definitely out of the ordinary for me to withdraw that kind of money frequently, however, I did tell them what I was doing, and even inquired about safety deposit boxes to store the gold I am buying.
Have you ever had your kitchen remodeled? Those withdrawals wouldnt even begin to cover the deposit to start the work. I can’t imagine anyone is going to ne shocked by that amount (not saying it’s not significant money, just that such transactions, even in cash, happen often).