If you cast a spell and retain priority, the spell remains on the stack. It will not end up in your graveyard until the resolution of the spell, and therefore cannot be flashed back in the way that you propose.
Graveyard hate should not be any more of an issue than countermagic because of Pact of Negation. Extirpate is the only real worry, and most Modern lists seem to prefer Surgical Extraction for surgical gy hate.
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