Armor. Majorly right now. It costs 100 gold for a +50 defense, vs. a +10 strength. However, paying the 500 gold for the +100 strength later on will pay off majorly.
I bought a sword first. It allowed me to go beat up 2 kobolds. Then I saved up enough for a chainshirt and bought it. Now I'm back to saving up for healing.
Oww, that sucked, only lasted 6 Kobolds this time. And I'm now completely broke, heads up Creamsteak, armour/weapons are coming back, on the + side I'm level 2 now so the job wage should help a bit.
I just went on a 7 kobold tear and got up to level 1, but now I need another Heal potion. :\ And I want a helmet now. I notice the gauntlets and some other items disappeared, though...