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.

  • OpticalMoose@discuss.tchncs.de
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    18 hours ago

    I would just do the one big transaction. I’ve done it in the past (after selling a house, after getting disability lump sum payment, etc), never had an issue.

    If you’ve got a reasonable explanation for where the money came from / where it went, you should be fine.