This isn't new, but is a reminder that effective Jan. 1, 2012 - US federal law will require coin and bullion dealers to report to the Internal Revenue Service all gold and silver coin purchases and sales greater than $600.
So, they will be able to track those who actually hold physical gold, and tax those who buy it.
The American people have lost their freedom and privacy, but not from foreign invaders, but by the government who is supposed to uphold and protect the people it serves.
http://www.moneynews.com/StreetTalk/New-Tax-Gold-Hidden-Obamacare-healthcare/2010/07/21/id/365283
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