After your claim I had to look it up. It seems that gold and silver are okay, but still problems (the IRS can freeze your box if you owe them). The cash money looks like it might be up to the bank. Other problems today with lots of cash - the government will suspect it to be drug money and/or no taxes paid on it. And it will be up to you/us to prove it isn’t.
I just realized that, when I talked to my bank about this the teller told me it was a federal mandate.
You are CORRECT.
Let me offer a variation on that.
I went to my bank of many, many years. It's been bought and sold 4 different times. Currently its a US Bank.
a week ago I stopped in the lobby and went to the teller window to DEPOSIT $900 dollars CASH into my personal checking account. I had a personal DEPOSIT SLIP already filled out. It had my name and account number on it.
The teller who was new to me immediately asked me for some form of ID.
When I asked for what reason he needed to see my ID his response was that the law mandated that I had to prove it was me because it might be an attempt at LAUNDERING money.
Keep in mind I was putting only $900 dollars into a small personal checking account I've maintained for 25 years and the bank and Federal Government was up my a$$.
We're moving toward MORE and MORE CONTROL and invasiveness.
Keep your eys and ears open.