I assume you mean to buy silver, not "cash in" silver. IMHO, we have justed started a massive bull run the foundation for which is the huge consolidation that started in 2011. Sure there will be dips along the way. But the interim lows will climb higher inexorably. So you should buy if your investment horizon exceeds one year. Just get the silver now and enjoy the show - it's going to be one for the history books. Over the next 30 years: 1. The US dollar will be devalued 95% (20 times) 2. The dollar will lose reserve currency status 3. American standard of living will be reduced to third world backwater 4. Individuals with hard (international) assets (i.e. silver, gold, jewels, art works, arable land, resources) will survive and prosper. Don't be left out in the cold. Today's fire sale in silver will not last forever. The one refrain that repeats in my head over and over is "if only I had bought even more when I did" when thinking about silver. I starting buying silver at 7 and gold at 400 and I went in aggressively. Yet when silver was 12, 16 & 18 I bought as well and now wish I had bought even more. I promise that the day will come when you will lament no buying more silver at $30.