Is GOLD still a bargain @ $4,650 and can i get some more please !!

Agreed.

 

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I don't know anything about Florida law, but surely the IRS would still demand taxes on any capital gain from selling gold to a coin shop.

 

The IRS doesn't really have any idea what your cost basis is if gold was purchased with cash, and doesn't have a clue if proceeds were never deposited into a financial institution. I am not sure if coin dealers or pawn shops even issue 1099s for large transactions. Most of them are cash only. That is an interesting point that I'm not sure about. In any case, without an extensive forensic audit, the IRS doesn't have much of a case to work with.