silverbait said:
Unlimited under $5K transactions per day per person. Walk in tell them what you want tell them to keep each invoice less than $5K and you are all good.
This is not a good suggestion. All cash transaction reporters are required by law to submit details of ALL suspicious activity regardless of amount.
It is against the law to structure transactions to avoid reporting, like multiple purchases under $5000, whether on the same day or not. Any purchasing patterns that might indicate this is happening, BING, reported. Even if you decide not to transact and you turn around and walk out I am sure they still have to report you. They may or may not know your name but they can still report what they know, which might be a lot more than you think.
The definition of suspicious includes many things, but even questions or comments regarding the reporting requirements is obviously a suggestion that the intent is to avoid reporting, BING, reported.
I am pretty sure least one of the well known dealers in Australia actually says on their website that they will report you if you ask, so dont ask.
The other thing to think about is it is obviously our intention to buy items for profit later. Its going to be hard to stay under the radar if when you sell a single item it is more than $5000
So its not really the buying you need to be worried about, its the selling, because thats when the tax man wants to get his peice of your profit.
I dont think any of the Bullion dealers would go out of their way to report someone, it kinda is a bit damaging to their business, but if they dont they are breaking the law. Its a fine line, and it would be better not to put them in that position.
........under 5K per transaction is ok.....bit like slowly removing cash via an ATM lol. query how many under 5K transactions per day could one do ? 
