Is Current Price Action Driven by Monetary or Industrial Demand?

Stijn Schmitz welcomes Shawn Khunkhun to the show. Shawn Khunkhun is CEO, President, & Director, Dolly Varden Silver Corp. In this podcast, Khunkhun provides an in-depth analysis of the silver market, highlighting its unique position as both a monetary and industrial metal. With a background rooted in mining and precious metals, Khunkhun is deeply bullish on silver, believing the current market conditions are exceptionally favorable.

Khunkhun emphasizes that silver is experiencing a significant supply deficit, consuming 200-250 million ounces more annually than current production and recycling can provide. He argues that silver is critically important in the emerging green economy, being essential for solar panels, electric vehicles, and various industrial applications. Historically, silver has maintained a 10-15:1 ratio with gold, which aligns with its natural abundance in the earth’s crust.

The discussion reveals that silver is currently trading well below its inflation-adjusted historical highs, suggesting substantial potential for price appreciation. Khunkhun predicts silver could breakthrough $50 and potentially reach $75 or even $150 when accounting for inflation. He points to increasing monetary demand, central bank interest, and growing investor awareness as key drivers for silver’s potential surge.

Regarding investment strategies, Shawn recommends various approaches for exposure to silver, including physical bullion, royalty companies like Wheaton Precious Metals, silver-focused ETFs, and primary silver mining companies. He highlights the limited number of primary silver producers and the challenges of developing new mining projects. He is particularly optimistic about silver’s long-term prospects, citing fundamental supply constraints, increasing industrial demand, and its role as a hedge against inflation and economic uncertainty. Shawn believes the current market represents a unique opportunity for investors to gain exposure to a historically undervalued asset with significant potential for growth.

Timestamps:
00:00:00 – Introduction
00:00:52 – Sean’s Personal Background
00:02:38 – Why Silver Now
00:04:18 – Silver Price Crunch Explained
00:10:51 – Demand Dynamics Breakdown
00:15:07 – Central Bank Silver Demand
00:16:33 – Investor Demand Awakening
00:20:19 – Mining Supply Challenges
00:22:35 – Recycling Supply Potential
00:26:06 – Historical Price Parallels
00:32:03 – Gold Price Targets
00:34:33 – Price Suppression Discussion
00:36:26 – Investing in Silver Miners
00:40:05 – Concluding Thoughts

Guest Links:
Website:: https://dollyvardensilver.com
X: https://x.com/SilverVarden
LinkedIn: https://www.linkedin.com/company/dolly-varden-silver-corp
YouTube: https://www.youtube.com/channel/UCK4YE6ftyxv4G-6zu9BYJvgerved=0

Mr. Shawn Khunkhun has over 20 years of expertise in capital markets and mineral exploration, with a strong focus on creating shareholder value. Over his career, he has facilitated over $2 billion in capital raises, playing a transformative role in advancing exploration, development, and production companies. In his leadership roles as CEO, Director, and Executive Chairman, Mr. Khunkhun has been instrumental in elevating the profiles of undervalued companies and driving strategic growth.

Mr. Khunkhun currently serves as a Director of Goldshore Resources and Gladiator Metals and as Director & Executive Chairman of Strike Point Gold. Additionally, he advises West Red Lake Gold Mines, Nations Royalty, and NexGold and is the Founder of Argenta Silver.