Yes but it’s not just ‘them’ – it’s the specs (us) too.
Of course it’s mostly the hedge funds that are buying the large amounts of derivatives.
Until that stops, the nightmare will continue.
Only a run on physical will trigger the bull in PMs the PM bulls have been waiting for (and gaming) for so many years.
Stop gaming it and clean them out of physical supply instead of losing money in digital derivatives is what needs to happen.
It will come one day. You just gotta be alive long enough to see it.
Cheers