United states savings bonds<Gold!

Without knowing how old you are, and anything else about your financial situation...here goes: check the maturity dates to be sure you don't cash them in too soon and lose interest. Each bond may be different. If you don't need the cash, pay off debt (that's what we did with my kid's college debt- cash in her bonds, spreaaaad out so she has no tax hit) then buy your gold/silver. This is just me and my two cent opinion.

It has been noted by the fine experts of this site that a fiat money system has a life span of 40 years. We are on year 37 so it won t be long for USD to crash.Do the smart thing and invest the whole sum in gold and silver and like a poster said get physical possession.

This sounds more like you cashed them out early. Any savings bond is purchased at 1/2 face value and then according to how much it is, is matured at a later date for full face value. If you hold past maturity you will make a small interest profit.

For example, I had some $50 6 month savings bonds, type EE I think several years back. I cashed them in after about 4-5 years and I got about $60 and change for them. (they were purchased for $25 a piece)

$1000 bonds should be no less than 10 years maybe as long as 15-20 till maturity.

I've never wanted one, but that was my understanding. Your grandmother paid $500 and you got a pre-mature $628.

Know that your grandmother's gift helped so much. Look at it this way you're almost seven hundred bucks ahead with the bond you cashed.

If you're in school, you might want to concentrate on paying expenses you have now…one thing at a time is a pretty good policy. You should probably take care of the here & now…well…here & now. …All depends on your preference.

I'm partial to silver. It's generally more transferable than gold.

Looking at long-term effects is a big deal, but please try not to look too far ahead.

That's not much real advice; just some things to think about.

--Cliff, Sioux City, Iowa

My wife and I have few savings bonds (300-500 dollars), I am lucky enough to be able right now to wait till they mature (assuming we don't have an official gov. bankruptcy declared, in the next year. We didn't purchase them they were gifts by parents/grandparents. As soon as they are worth at least 3/4 face value I will be cashing them in, and purchasing metals with them, us bonds are definitely NOT a well paying investment and are not a hedge against inflation.

The cheap skate in me just won't let me cash then in until they are worth something (although with inflation I am actually losing), this is why I won't spend a pre 1982 penny or any nickels any more, I just can't make myself spend something that is worth more as a penny or a nickel. And, I can't make myself cash them in for 1/2 of face value, just on principle.
I just am going to gamble on them since they are such a small amount, but I would never purchase or hold a us bond past maturity and think you are doing anything more than propping up the fed.

Thank you Dr. Paul for making my act on what I already knew was right.

Cash them out immediately and put them into gold and silver. The dollar rebounding is a joke

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Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats. H. L. Mencken

Get Prepared!

your grandmother trusted you! so, do not fret!

given her background and age, what do you think she would do if she had the same knowledge?

my hunch is she would be buying silver and gold.

peace