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<p>[QUOTE=&quot;krispy, post: 1015947, member: 19065&quot;]First of all I don&#039;t see it happening. </p><p><br /></p><p>Thoughts? A sort of black market for buying arises. Or simply more unreported cash sales between individuals replaces current options for buying/selling. These scenarios bring with them risks and dangers for buyers and sellers if legal action can be threatened against individuals for illegal sales and the risks of exploitation from &quot;back alley&quot; sales could also increase.</p><p><br /></p><p>Also, how can it be proved that gold someone may have bought in the past but have no&nbsp; record for was/wasn&#039;t bought after the reporting rule went into effect? Do&nbsp; they offer a one year grace period for current gold owners to report their holdings? People widely&nbsp; dislike government knowing what they own, they will resist reporting&nbsp; their holdings. </p><p><br /></p><p>I still don&#039;t see it happening.[/QUOTE]</p><p><br /></p>

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