Unless you are paying in cash or cash equivalents (money order, traveller's check, etc.) of $10,000 or more, the dealer where you buy your gold from is not obligated to report the transaction. Roosevelt's executive order forbade "the hoarding of gold coin, gold bullion, and gold certificates within the continental United States". So there is also the option to have an offshore precious metals account and store your gold in an offshore vault. The order does not include gold jewelry or silver either. So worse thing is you can liquidate your gold and buy either or both, or some other hard asset.