My reasoning is that there's not much I can do for a true "safe haven" in an account like 401k, other than simply shitcan the whole thing, pay the penalty, then reinvest the meager leftovers in physical assets. I'm thinking hard about doing it, but don't quite have the cajones, yet.
Metals community is pretty split over if investing in PSLV is truly worth it (try asking on WSS and it's usually a shitshow), but it's objectionably better than going with straight SLV, which is how the metals market is manipulated.
Why would you do this? Isn't it still just like SLV - paper silver?
But yeah I agree with most of the sentiment.
My reasoning is that there's not much I can do for a true "safe haven" in an account like 401k, other than simply shitcan the whole thing, pay the penalty, then reinvest the meager leftovers in physical assets. I'm thinking hard about doing it, but don't quite have the cajones, yet.
Metals community is pretty split over if investing in PSLV is truly worth it (try asking on WSS and it's usually a shitshow), but it's objectionably better than going with straight SLV, which is how the metals market is manipulated.
At least with PSLV, there is a physical holding/accounting component and Eric Sprott is a big name. https://sprott.com/investment-strategies/physical-bullion-trusts/silver/#. They also have a "real" process for taking delivery. Unlike taking delivery from SLV/COMEX.
Always prefer physical, but when your options are limited...