Matt Badiali On The Rapid Increase Of Copper Prices
Matt Badiali is a trained geologist who has over twenty decades’ experience in the field. He has done everything that involves geology including mining, oil exploration, agriculture and energy. Mr. Badiali has international experience having worked in numerous countries including, Mexico, Papua New Guinea, Hong Kong, Iraq, Singapore and Yukon. He also has experience as a teacher having taught geology at the University of North Carolina and Duke University. Matt’s findings have been presented to major companies such as Exxon Mobil and Anadarko and also at major geological conferences. Matt Badiali is well known for his knack of combining his deep expertise of geology with financial investment. Many financial programs utilize his services when they are discussing industries that rely heavily on geology. Matt’s main passion is in finding profitable investment opportunities for his readers. This passion led Matt to leave academia and focus exclusively on researching and writing about natural resources for various financial publications. Mr. Badiali has also authored a book that details how one can create a resource investing franchise.
Matt is a passionate writer who writes at least two articles a week. He has weekly publication on Banyan Hill, the Real Wealth Strategist. Real Wealth Strategist provides its readers with valuable information that any natural resource investor requires. Matt also has his own website and a Medium blog where he writes articles on natural resource investing.
In 2017 Matt is advising his readers to invest in copper. According to Matt copper’s Bull Run is not about to stop because there is increased demand for electric cars. The increased demand for electric vehicles has led some financial analysts to predict that a nine fold increase in copper’s demand between 2017 and 2027. Additionally, copper is a metal that is very sensitive to economic growth due to its use in numerous industries. The two leading consumers of copper are the construction industry and the electrical and electronic industry. Both sectors are experiencing growth due to the favorable economic climate. As global growth improves, Matt Badiali expects the demand for copper to increase accordingly.
The increase in copper’s price is causing problems for Tesla, an electric car manufacturer. Codelco, a Chilean mining company, expects the price of copper to rise by 46% between 2017 and 2018. Codelco states that this will be caused by the demand for copper exceeding the supply of copper. Tesla cannot ignore this trend as an average electric car has 165 pounds of copper in it.
— Matt Badiali (@Matt_B_Guru) November 14, 2017