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<p>[QUOTE="InfleXion, post: 1506160, member: 29012"]Something to consider is that we've had 2 flash crashes in the past week, the one that crippled Knight Capital Management and then yesterday the Spanish Ibex 35 was offline for 5 hours. Do you really think your money is safe in cyberspace where companies don't even know how or why their high frequency algorithms do what they do? I don't. I haven't pulled anything out of my 401K because I just allocate a portion of my paycheck each month, but if I had no other way to buy metal then I would cash it out. My metal is the only retirement I'm counting on. Guns also hold their value very well, but aren't as liquid (ammo sure is though) and you might have to find the right collector to sell them for the price you want. Still, it never hurts to have protection. I wouldn't recommend buying metals without it.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1506160, member: 29012"]Something to consider is that we've had 2 flash crashes in the past week, the one that crippled Knight Capital Management and then yesterday the Spanish Ibex 35 was offline for 5 hours. Do you really think your money is safe in cyberspace where companies don't even know how or why their high frequency algorithms do what they do? I don't. I haven't pulled anything out of my 401K because I just allocate a portion of my paycheck each month, but if I had no other way to buy metal then I would cash it out. My metal is the only retirement I'm counting on. Guns also hold their value very well, but aren't as liquid (ammo sure is though) and you might have to find the right collector to sell them for the price you want. Still, it never hurts to have protection. I wouldn't recommend buying metals without it.[/QUOTE]
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