If the gold is in an accepted standard form, such as krugerrands, you just need to find a precious metals dealer. If it’s just a pile of gold, then there’s a lot of hassle. I imagine ingots of the sort national gold reserves hold would be somewhere in between.

Shifting a large quantity of gold may require a non-optional explanation of its provenance, with “I woke up and it was just there” or “a genie gave it to me after I did an online quiz” not being adequate, and an inadequate explanation resulting in its forfeiture if not more serious legal hassles. With a large pile of gold and no good explanation, you may be reduced to smurfing small pieces of it to different dealers, moving around a lot and avoiding the attention that such a pile would inevitably draw.

You don't sell the gold. You take 10x loans of gold's worth and use it as collateral. Like banks and billionaires do. Well maybe 100x..

Besides, you never know when the FBI might show up.

https://www.msn.com/en-us/news/crime/fbi-arrests-former-cia-officer-seizes-40-million-in-gold-bars-from-his-home/ar-AA24htDu

I'd choose gold. AFAIK most all money laundering rules deal with cash.

Even if a geine were to give you 500 tons of cash or gold, some governments may have a problem with that and choose to redistribute it.

Choosing gold makes the value much more liquid in my opinion.

Not to mention that gold doesn't rot (unlike USD). In today's economy gold is probably more value-dense (as in, a pound of gold is worth more than a pound of hundered-dollar bills).

Currencies also come and go but gold stays. If you're thinking long-term, gold is the vastly better choice.

you can visit my local pawn shop, they give cash for gold

70m in gold pls

Depending where you are you might not be able to put a that amount of cash in your bank, although it’s easier to use.