Shawn Khunkhun of Contango Silver and Gold shares his thoughts on the outlook for silver, saying that while he expects higher prices long term, the white metal can still go lower than where it is today.
"Could we see US$40 (per ounce) silver, could we see US$50 silver? It's possible. But based on that continued industrial demand, and based on mine output, I believe higher prices are inevitable," he said.
Khunkhun also discusses Contango's upcoming milestones.
This interview was filmed on July 7, 2026.
0:00 - Intro
1:24 - Good entry point for silver
4:28 - What's driving silver now?
6:04 - Margins for mining stocks
8:57 - Pre-mania for gold, silver
11:02 - Triple-digit silver in 2026?
14:59 - Kinross Gold joint venture
17:11 - FAST-41 at Johnson Tract
19:44 - 2026 milestones to watch
21:13 - Contango now unhedged
23:08 - Volatility is opportunity
24:15 - Outro
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