One of the least likely individuals to ever become a financial advisor was Matt Badiali. He spent over twenty years building a solid resume as a geologist. He traveled to many countries examining the mines and the oil wells of some of the largest names in the natural resource sector. He has taught college classes and even began working towards his Ph.D. at the University of North Carolina. However, a friend of his saw he had potential in matters of finance. He wanted Matt Badiali to help him to assist individuals trying to speculate in the lucrative natural resource sector. He later proved that he had skill in picking extremely profitable natural resource companies. He began a newsletter called the Real Wealth strategist, which contains useful information about natural resource companies with huge profit potential for investors.
Individuals who have followed the advice of Matt Badiali have been able to double or triple their initial investment. Matt Badiali has been following the price action in copper and he is of the conclusion that the demand for the commodity far exceeds the supply that’s coming to the market. He is anticipating that there will be deficits in the supply of copper for the next few years. He believes that market participants have driven the price of copper much lower than its fair value and feels that copper should start to rise. He believes that copper has favorable fundamentals because he believes the electric vehicle is going to be a major deal in a few years.
These vehicles require a lot more copper than a traditional car. Mr. Badiali faults the speculators for driving the price of copper in the wrong direction. He feels that the main catalyst is the fear over the current trade war between China and the United States. There is a Grasberg copper mine construction that is not going to be online as scheduled. This should make the supply situation for copper even worse than it already is. Geologists such as Matt Badiali are more than familiar with how most mines take much longer to get into production than most anticipate. He also feels that copper is going to be the next bull market among the metals.