And the stock market since March is not? It would seem that both stocks and commodities are massively manipulated, with most stocks being levitated while precious metals are being depressed by concerted action involving central banks and "gold banks", while bonds are increasingly at risk of default, especially US state and municipal bonds but up to and including sovereign bond default and the de facto wold reserve currency, the $US is in a prolonged and serious decline.

Also at risk are any of the institutions through which you invest or hold assets, especially such markets as ishares of gold or silver and other ETFs such as inverse Diamonds or Spiders.  One could make a winning bet on the direction of the market via an inverse Diamond or ishare gold only to lose everything if the institution offering the product implodes. And such "bear market" bets are highly unlikely to get bailed out. After all, people who think the market is overpriced and not based on fundamentals are the ones always responsible for crashes, you know.

The safest recourse with precious metals is to own the physical metal and have it in your control, i.e. your safe deposit box.  Try to do that today, say with 10% of your savings as a hedge against currency collapse, and you find that you must wait at leas two months for delivery, unless, perhaps, you want to buy premium collector coins. During that two months the seller has your money and you are exposed to institution risk. If the seller goes bankrupt before delivery, you get in line in bankruptcy court for dimes on dollars.  So where lies safety and sanity?

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."