My wife and I currently hold our assets as follows;

401K = 70% of liquid or semi-liquid assets
comprised of 50% Commodity ETF’s (gold, silver, oil, natural gas)
and 50% TIPS bond funds
In addition, our remaining assets are
20% physical gold and silver
10% physical cash on hand and savings account

The reason I post this is that I’m considering a re-allocation of these assets because I’m anticipating a market collapse and, possibly, a currency crisis. At least it appears to me that we’ll experience a down leg as severe, or more severe, than the one last year. I’m looking at three options;
a: leaving things pretty much as they are and continue adding physical gold and silver as long as I continue to draw a salary
b: selling all assets in my 401K and keeping the account in cash till the storm passes
c: liquidating my 401K completely, paying the taxes and penalties, and converting remaining to half cash and half physical gold and silver.

OK, so I’ve bared my soul, and life savings, to the group here, what would you do? What would your advice be considering that I’m not an active trader by any means, just a guy trying to protect (and add to when possible) his savings and retirement funds. And, as long as I’m baring all, we have no debt to speak of and we rent, don’t own or have a mortgage and we’re both 52 yrs old. I’m thinking about making this change as early as this week. Thanks for any well intentioned suggestions or advice.

- OpenEyes

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