Tomorrow...?

Gold has gotten so high, your guess is as good as mine. But yea for the last few years it has been better to buy sooner rather than later.

Wow, 32k eh. That breaks down to about 640 oz of silver if you figure silver at 50 an oz.

Many of us still believe silver will hit 100 an oz before it is said an done, and perhaps even tie the 1980 peak, which would be right at 130 counting for inflation. Crazy to think, 130 bucks today, is the equivalent to 50 bucks in 1980. Fifty bucks went a long way in 1980 eh....

Lets say silver hits 130. If it does, you are talking about 83,000, which would be a profit of around 51 grand in say perhaps a year. Not bad, now there is obviously some major ifs in that scenario, but if they come to be, not bad for getting in this late. Best of luck either way....

I would have to consider gold as well with that much to invest, before pulling that trigger, as silver history shows much more volatility than gold perhaps, but the short term return on silver is just to hard to pass up. I know that is crazy to hear from the Studebaker of silver hoarding, but I am starting to think gold may be a better long term plan, than silver. I probably will just keep buying both, and hope we don't ever see that 1980 collapse, as if it did, and you got caught with the bag, it would be bad, real bad eh....

On a final note, my dad knew this wealthy fellow years back, and he passed from cancer not long after telling my dad...."I would trade it all for a cure, as I could replace the fortune in a couple of years with the formula I used to get rich the first time round, but I can't buy a new body."

My point, nothing is more important than family and health in the end beyond any investment, and anything lost can be replaced, but not your health, as you only get one body eh, for now anyhow. So go for it I say, take a chance and let it ride....

I think like 95% of all us would agree right now, that turning those dollars into gold and silver, or just gold is a solid plan. Let us know what ever you do and post some pics if possible, as this is one stash I would love to see....

And yes, I recall now you were considering the Buffalo or the gold eagle, and I like the others suggest the 24K Buffalo 1st for the exact reasons the others pointed out. The durability is really not a factor for something that is so carefully handled and stored....

Ten years ago, there were people who had over $32K in Enron Stock.
What do they have to show for it now?
Your gold will always be worth something.
It costs over $300/oz. just to get it out of the ground (average).

If it was my $32K, I'd buy Silver, but I can't say your decision to buy Gold is "wrong".

The reason why I've been saving silver since 1982 is because that's the year when my late grandfather told me silver would skyrocket in value "someday".

Excellent comments guys. I really appreciate the help in thinking about this. I'm going to do some math and come up with a good "split" like westsea suggests. In any case, I'll post what the out come is in the next day or so. Thanks.

tipncoins has the right approach. That buying technique is otherwise known as 'dollar cost averaging'. Monitor the charts closely as you go.

Same here, no discretionary $$'s to spend at the moment. For those of you with the fortitude (or foresight!) to take the plunge, I hope you end up wealthy collectors!

Thanks for the tips everyone. Much appreciated by a real novice like myself.

I took a partial plunge this morning:

5 x 1 oz. AGE
100 x 1 oz. ASE

I'm going to watch the prices and try to make another batch purchase if a good window shows itself in the next couple weeks.

I must say, it feels good to finally get in. Now, should I did a hole and bury it in my back yard? :)