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Divide your investment money into thirds. Buy gold quickly, or wait until early next year. Gold is about to go up, but by January-February 2015 it should fall to a temporary low. It will increase at the end of 2015 into 2016 as our economy goes down the drain. Until the end of 2015, you should invest 1/3 in the US stock market; then get out. Take the last third and make sure you have the basics for life. Home in a safe area, stored year's supply of food, etc.

Plan for charitable giving when the NEED comes, and for "legalized bribes" when the tax man comes. And he will.

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Somehow I don't think the wisest thing to do is to go to a public forum, publicize that I just came into a lot of dough and ask about asset allocation, especially buying large quantities of precious metals.  Also, the grandfathers secret stash of coins?  Not to secret anymore.  

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Haven't read through the entire thread, but you need to speak with a financial adviser.

If it were me, I'd buy a lot land somewhere I'd like to live and build a house and barn right in the middle of it all. And I'd put a bunch into mutual funds at watch the money grow.  I understand the theory of investing in PM, I'm just not buying into it.

Quoted:
Haven't read through the entire thread, but you need to speak with a financial adviser.

If it were me, I'd buy a lot land somewhere I'd like to live and build a house and barn right in the middle of it all. And I'd put a bunch into mutual funds at watch the money grow.  I understand the theory of investing in PM, I'm just not buying into it.

Quoted:
Here you go OP:

Some people buy PMs. Some think it is stupid. Some go all in with them, some buy just a little. I buy a bit of silver here and there. I say its for shits and giggles, and if it all does to to pot (EXPY37 need not jump in and tell me it already hit the fan ) and the dollar either massively de-valued or you must trade in your dollars for NWO money units at a pitiful rate, the silver I have will be a lot more than my neighbor, in theory. In the land of the blind, the one eyed man is king type of thing.

Take a look at your post, where you posted it, and then use critical thinking to see what you get.

You (supposedly) made millions. You then go to an survival forum to ask complete strangers (and a few alphabet agents and movie producers) for advice about your uber secret plan to buy gold/silver to horde until the dollar implodes (shhhh. its a secret). You don't want a paper trail (but think that this isn't monitored/stored/tracked by the alphabet agency, who know where you are, and exactly who you are with 2 mouse clicks). You want to "hide" it, securely.

Now this has gotten into a pissing match of if PMs are worth having. They are NOT for SHTF scenarios. They CAN BE quite valuable in a hyperinflation scenario. Too many people (even here) fully plan on shooting anyone within sight post SHTF, because you are trespassing, and should not be there. Maybe they were coming to trade an ounce of gold for a loaf of bread, but either way your gold didn't help you there.

You will NOT get solid advice here that everyone agrees with. You will get conflicting "advise" from various strangers of varying intensity.

Do yourself a favor: Talk to a financial advisor, PM company (major company used to this kind of $$), or at least head over to the financial forum.

If you want to know more about mylar packing, have a discussion about storing .22lr bulk or in sealed boxes, and which SHTF bug out vehicle is "ultimate", you are in the right place. Otherwise, you won't find too many millionaires here to help you out.



Of course, you could just be trolling.

Quoted:
IMO asset protection would be better protected through diversification. I could see holding a few million in physical assets.

Even if hyper inflation happens company stock should inflate as well. If hyper inflation doesn't happen in the next 20-30 years you should still beat inflation and make money with some S&P and DJIA based ETF's. Round it out with some foreign investment ETF's and you should do fairly well.

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That's too much silver.  Buy $1M if you want to, but $20M? ...

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...
people who say they are 100% confident of an upcoming hyperinflation scenario can never be found acquiring debt.   i wonder why.

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lol.

people who say they are 100% confident of an upcoming hyperinflation scenario can never be found acquiring debt.   i wonder why.
furthermore, they somehow conclude that the fundamental reasons for the economic failure of the Weimar Republic are the same as which exist today in the US.

here's an idea:

1) use $5M (2014 dollars) of your gold to backstop a $20M loan (that is, a 30yr mortgage) for land.  
2) wait for hyperinflation.
3) in 2020(?) you sell a tiny, miniscule amount of your gold for $20M (inflated dollars) and pay back the loan.
4) so much win.


ar-jedi

Quoted:Many posters read only the first post in a thread (not even the entire post if it's over 3 sentences) then post on half of what they read.

By the way your luckier than most, it took over a week before the PM haters showed up in your thread to tell you how stupid it is to buy PMs.

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He came here to teach you, not to learn.  I do continue to admire your persistence, though.