Physical demand

Today I read an article from Kitco, quoting Reuters, mentioning that the sales of gold and silver coins by the Perth Mint increased on a large scale.

http://www.kitco.com/news/2018-09-04/Perth-Mint-s-August-gold-silver-sales-rise-on-lower-prices.html#.W47eRY82U-A.email

Compared to July 2018, gold coins sales rose with 30% and silver with 7%.

Compared to the figures from a year ago, sales doubled for gold coins an an increase of 33% for silver coins.

Again more evidence that the demand for physical precious metals continues to grow against lower bullion prices.

I don’t think the market is manipulated, it is worse than that!

With keeping the pressure on the precious metal prices, they try to maintain the present fiat currency system.

This scheme can hold for the longer term, but at the end this system will fall apart as the ever growing debt bubble in which they create “fake value” will eventually collapse or will lead to a reset of the financial system.

For now it is important to handle wisely.
Accumulate in precious metals for the longer term but don’t forget to look at other investments too, because diversification will spread your risks and will give you a more sustainable income revenue. Going all in into precious metals will for the shorter term probably be negative.
Looking at my personal situation, my precious metals investments are a little above 10% compared to the other investments I hold.

For your information, I am no professional investor. Do your study and make your own decisions, based on your individual situation.

Enjoy.

PS: bought myself a nice gold coin.