The "Ghost Inventory" Is Gone. Silver Enters Price Discovery | IT HAPPENED: Silver Broke $59
The $59 barrier has fallen. The banking cartel’s line in the sand has evaporated. As of December 9, 2025, silver has entered a phase of "Price Discovery" that we haven't seen in 45 years. The mainstream media is calling this a bubble, but the math tells a different story: we are watching the result of a 1.1 billion ounce physical deficit that has finally broken the paper market.
In this video, we expose the "Vacuum Effect"—the technical and physical void that now exists between $59 and $100. We break down the specific data points proving that the global "slush fund" of silver inventory is empty, having been consumed by the "Solar Vortex" and the "Indian Whale."
We analyze why the shift to TOPCon solar technology has made industrial silver demand completely inelastic, meaning manufacturers will keep buying regardless of price. We also detail the massive wealth transfer that occurred when India drained Western vaults in 2024, leaving the COMEX and LBMA with nothing but paper promises.
This is not a drill. The "Ghost Silver" is gone. The buffer is zero. And with no overhead resistance remaining, the path to triple-digit silver is wide open.
In this video, we cover:
The 1.1 Billion Ounce Deficit: How the world consumed over a billion more ounces than it mined since 2021, wiping out the surface buffer.
The $59 Breakout: Why crossing this specific price level triggers a "Blue Sky" event with no technical sellers left.
The Solar Vortex: How the shift from PERC to TOPCon cells has increased silver usage per watt, making demand impossible to destroy.
The Indian Whale: The massive 2024 import data showing how the East bought the bottom while the West sold the top.
The $100 Roadmap: Why inflation-adjusted metrics point to $100 as the next logical psychological and technical target.
If you are waiting for a dip to buy, you might be waiting forever. The exit doors to the physical market are closing.
Sources & References
The Structural Deficit (Silver Institute)
2024 marked the 4th consecutive year of structural deficit (215.3M oz projected). Cumulative deficits from 2021-2025 have wiped out surface surpluses.
(Washington, D.C. – June 18, 2013) Recent advances in biotechnology have brought a focus on silver’s centuries-old role in medicine; that of acting as an important weapon in the fight against infection and disease. Silver is a critical element in bandages used to treat wounds and reduce the...
India’s Record Imports (Reuters)
In February 2024 alone, India imported a record 2,295 metric tons (~73M oz) of silver, signaling a massive shift of physical metal from West to East.
Solar Intensity Increase (TOPCon Technology)
The global shift from PERC to TOPCon and HJT solar cells has increased silver consumption per watt, creating inelastic industrial demand.
News from the photovoltaic and storage industry: market trends, technological advancements, expert commentary, and more.
LBMA Vault Data
London silver vault holdings have seen historic declines from their 2021 peaks as metal flows to Asia and industrial users.
Inflation Adjusted Highs (BLS)
Adjusting the 1980 high of $50/oz for CPI inflation places the real all-time high between $150 and $170 in today's currency.