NO MORE SILVER: Why Dealers Halted Sales on Christmas Day (The $126 Pivot)

On Christmas Day 2025… silver dealers stopped selling.
Not “low stock.” Not “delayed shipping.” Zero physical silver for immediate delivery.

At 9:47 AM ET, the physical market didn’t slow down — it froze. Within minutes, “Out of stock / Presale only / Orders suspended” spread across major dealers in North America and Europe. And that’s when it became clear:

The price on your screen is meaningless if you can’t buy the metal.

In this video, I break down the chain reaction that led to the Christmas Freeze — and why it points to a coming reprice I call “The $126 Pivot.”

What you’ll learn in this episode:

Why dealers halted sales when Shanghai kept trading and the West was closed

How a broken hedging mechanism can force dealers to stop selling overnight

The real meaning of “inventory leaving COMEX” and why delivery pressure matters

Why physical silver vs paper silver is separating (and what that means for price discovery)

How Ghost Week (the thin-liquidity week between Christmas & New Year) can trigger violent gaps

Why January could be the real “tsunami” (rebalancing, mandates, institutional flow)

Why premiums explode when supply chains seize up

The three meanings behind 126 — performance, valuation, and a psychological price threshold

This isn’t just a silver story. It’s a story about the architecture of modern markets — derivatives vs delivery, paper claims vs material truth, and what happens when too many people ask for the real thing at the same time.

If you own physical silver, you’ll understand why volatility doesn’t change the underlying scarcity.
If you’re trying to buy, you’ll understand why the window can close even when the “spot price” looks calm.

👇 QUESTION: Do you think the “spot price” still matters if dealers can’t deliver?
Comment YES or NO and tell me what you’re seeing in your local market.