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<p>[QUOTE="InfleXion, post: 1669970, member: 29012"]Personally I would not add to the 401K because I don't trust the integrity of the financial system. Otherwise I would consider that the best place to invest since you can get employer matching contributions aka free money. </p><p><br /></p><p>If you want to invest in silver I would only suggest doing so if you plan on holding it for down the road. I have little doubt that silver is the most undervalued commodity in existence right now, but it's not very likely to pay off under current circumstances where the price is controlled by contracts that do not represent the actual metal in full. As long as that is the case it's most likely going to be a hedge against inflation, but I expect it to return to fair value within the next decade. </p><p><br /></p><p> Independently of investing I think it is also a good idea to have a modest stack regardless just in case we see a barter scenario. Cash on hand would also be a good idea initially in that case, but not for the longterm.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1669970, member: 29012"]Personally I would not add to the 401K because I don't trust the integrity of the financial system. Otherwise I would consider that the best place to invest since you can get employer matching contributions aka free money. If you want to invest in silver I would only suggest doing so if you plan on holding it for down the road. I have little doubt that silver is the most undervalued commodity in existence right now, but it's not very likely to pay off under current circumstances where the price is controlled by contracts that do not represent the actual metal in full. As long as that is the case it's most likely going to be a hedge against inflation, but I expect it to return to fair value within the next decade. Independently of investing I think it is also a good idea to have a modest stack regardless just in case we see a barter scenario. Cash on hand would also be a good idea initially in that case, but not for the longterm.[/QUOTE]
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