FX_IDC:XAUUSDK   GOLD / US DOLLAR KILO (CALCULATED BY TRADINGVIEW)
If you're not careful, your government can confiscate your gold . Moreover, it can probably do so without compensating you. The United States, British, Australian, and many more governments have all done this within the last 100 years. So the clear answer to you all, can the government confiscate your gold is yes.

Conclusion is, if the banks go to failure again, you may consider to sell it for bitcoin .
The fact we are flipping our monitair system digital, and the high tech revolution is on the door, could indicate some booming economy's also. There for gold haves a few good potential dips ahead.