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A historic moment is unfolding inside the COMEX - and the data is undeniable. In the first four trading days of December 2025, more than *60% of all registered silver* was claimed for delivery, triggering what many analysts now call a *physical vault drain emergency*. This is not speculation. These are the hard numbers the market is screaming. In this video, we break down the shocking 47.6 million ounces demanded, the backwardation signals flashing red, the sovereign accumulation driving shortages, and what could happen if the registered vaults hit zero before December 23rd. The silver squeeze is no longer a theory - it's a current event. Stay informed. Stay prepared. And as always… keep stacking. --- 📌 *Chapters* 0:00 – COMEX Shock Begins 0:33 – The Unusual December Delivery Surge 1:05 – 47.6M Ounces: A Massive Physical Demand 2:15 – Eligible vs Registered: Why It Matters 2:55 – 60% of All Deliverable Silver Gone 3:35 – The Great Decoupling: Paper vs Physical 4:10 – Backwardation: The Red Alert Signal 4:44 – Delivery Speed That Breaks Records 5:13 – Why It’s Happening Now 5:30 – Industrial Demand: A Global Drain 6:04 – Sovereign Nation Silver Buying 6:31 – Currency Instability & Hard Assets 7:02 – Silver’s Explosive 2025 Performance 7:23 – Connecting the Dots: The Coming Crunch 7:45 – What Happens If COMEX Runs Dry? 8:21 – The $100 Silver Scenario 8:52 – Deadline: December 23rd 9:08 – Three Undeniable Market Facts 10:19 – A Rejection of the Paper System 10:45 – Final Thoughts & Wrap-Up --- #SilverSqueeze #COMEX #SilverMarket #PreciousMetals #HardAssets #GoldAndSilver #MarketCrisis #SilverPrice #PhysicalSilver #SilverNews #Commodities #FinancialCrisis #StackingSilver