Many of those same contracts state explicitly that the holder of the contract cannot request physical delivery. Look into it.
Somehow, in a world filled with QE7 or whatever, that makes sense.
I agree to pay you x number of dollars to give me cotton candy and you accept but we both agree you don’t have to give me any cotton candy but I still have to pay you for the cotton candy that we both agreed you don’t have to give to me...
And we wonder why economically we are up shit creek without a paddle?
Europe is now open, spot silver at 36.61