Gold and silver speculators and investors loathe the leveraged Chicago and New York paradigm where big players (rumored to be fronting for the government, which would be embarrassed by a big run in precious metals) can throw naked shorts into the market which do not have to be covered in the normal sense. When held for delivery these contracts are declared force majeure and the e-checks are printed by the inflationbot. Never gonna let someone like Bunker Hunt nail their butts to the wall again (as in 1980).
Same thing may be happening from the git-go with this market, considering their reptilian interest in suppressing the Blockchain Revolution, not just BTC.
Interesting thoughts, @quantshaman!