Kindle periodicals are safe
In a Gizmodo article they say that you will lose your Kindle back issues of a magazine if you cancel your subscription. This is just plain wrong!
Back-issues on a Kindle are not deleted to cancellation of a subscription. They will reside on the device until you manually delete them. But they might vanish if the issue is more then seven issues old. If you want to keep older issues you have to secure them manually.
Here is the specific part of the Kindle help page:
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