“Right now gold is treated worse than other investments.”
I have cashed in many gold coins without paying any gains tax.
OTOH, any and all gains on my stocks are recorded on my 1099.
Don't say that in front of the IRS. Just because it is below the level the buyer has to give you a 1099 doesn't mean you aren't supposed to report it yourself on the tax forms.
Maybe you meant to say you lost your gold in a tragic boating accident while trying to catch goldfish.