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.
You’re more likely to get flagged for AML/KYC by your financial institution. Which usually just results in a phone call.
There’s no trick or window to getting around IRS reporting. If it was a taxable event it’ll get reported to the IRS.