[P-Marlowe]

Except your local taxing authority.

What is to stop the government from taxing gold as a luxury item and imposing a 10% luxury tax on every ounce of gold in your possession every year?

You think your gold is safe from government interference? Read your history. The government stole everyone's gold in 1933 and gave them worthless dollars in exchange at a rate that the government determined was fair. They can do it again. And if the dollar collapses, THEY WILL DO IT AGAIN!!!

[Sawdring]

How do they know you have gold in your possession and can they make you turn your gold in? It might be a lot harder to sell without some sort of confiscation, but they aren’t going to go on gold raids. Gun raids on the other hand I could see.

[JudgemAll]

Indeed, the trillion budgets are smoke and mirror. In the end the House always win, and that means a fascist mandate to go about and enslave every American.

[XenaLee]

They’ll have to find it first.

[GregoryFul]

You could be right. But circumstances are a lot different today. In the 30's people believed that gold was money, and actually held it. The world believed that gold was money, and welcomed it backing currency. Today, after years of central banks denunciation of gold being "neanderthal", most do not think of gold as money, but as some useless metal that a bunch of nutty goldbugs go for.

The store of value held in gold by American citizens may be insignificant these days.