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Does the IRS know when you buy gold?
By Angelica Leicht
CBS News, New York
Tuesday, January 13, 2026
Gold prices have surged past numerous recent milestones over the past few months as investors seek out safe havens amid today's economic uncertainty. As a result, the price of gold is now sitting above $4,620 per ounce, the latest record high.
This dramatic price rally has, in turn, captured attention across financial markets, with investors increasingly viewing gold as a compelling way to diversify their portfolios, earn quick returns, and secure an alternative to volatile stocks and bonds. And today's investors are pouring money into physical gold, like gold bars and coins in particular.
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This impressive uptick in price has also lured new buyers into the gold market, many of whom are navigating physical asset purchases for the first time. But unlike clicking a button to buy stocks in your brokerage account, there are numerous considerations involved when purchasing gold bars or coins, from storage and insurance to authenticity verification.
And buying physical gold can also stir up questions for new borrowers, including whether the Internal Revenue Service will know about the gold bullion they purchase. ...
... For the remainder of the report:
https://www.cbsnews.com/news/does-the-irs-know-when-you-buy-gold/
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"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:
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