Commodities have been a poor investment choice since 2011. One commodity that seems that it should be going higher is copper. Many individuals who were convinced about the strong fundamentals of copper may be getting worn out with the poor price action. One financial advisor who is extremely bullish on the metal long-term is Matt Badiali. According to his analysis, the demand for copper is greater than the supply, which should mean that copper should be going higher. Mr. Badiali is blaming the speculators for trading with their emotions rather than the long-term reasons to invest in copper. He urges individuals to remain confident in the long-term outlook for copper.
— Matt Badiali (@MattBadialiGuru) November 13, 2018
Matt Badiali made a name for himself as a financial advisor who can select amazing natural resource investments. He originally was studying as a geologist and traveled to many counties around the world to examine the mines and oil wells of well-respected resource companies. Mr. Badiali points to the trade war between the United States and China as the reason that copper prices have been performing poorly. Many individuals in the world of finance feel that the trade war is going to push the United States and the rest of the world into a recession. Copper is used much less during a recession. China consumes a lot of copper and over the past several years their usage has grown significantly. Matt Badiali’s Freedom Checks Exposed! Many are worried this trend will reverse unless China and the US can come to terms on trade. Matt Badiali, however, points out that it will take too long for new copper supply to meet market demand, which will ultimately drive copper prices higher.
Matt Badiali does not want investors in copper companies to get discouraged because of the short-term irrationality of the speculators. Many countries are planning large-scale solar and wind projects which will require a lot of copper. The electric vehicle is going to be pushed by many nations and automobile companies in the coming years and these vehicles will require much more copper. Mr. Badiali believes that the supply issue for the metal will carry on for the next few years and will ultimately push copper into a major bull market.
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