Matt Badiali, a premier natural resources investment expert, says that there is far more demand for copper than there is a supply of it. He expects this situation to last for a few years at least and that its value is very likely to rise, although that hasn’t happened yet. Matt Badiali said that analysts predict that while Teck Resources Ltd. will get 1.8 million metric tons of copper on the market by 2027 the projected demand is for 4.4 million metric tons of this metal.Using his extensive educational and his professional background in the earth sciences, Matt Badiali has been informing investors of trends and news in the natural resources field for the past 14 years.
He made the jump from science to finance and started writing about how to make money from commodities, energy, and mining. He had been a professor at the University of North Carolina when he was lured into the financial industry by a friend.He was brought into the financial industry by an expert investor who needed a geologist on his team. Companies provided him with data and he needed Matt Badiali to analyze it to see if it was correct about their successes or not. He would get to travel around the world and earn a five times bigger salary so taking his business position was a pretty easy sell.
As for what is going on with copper, expert Matt Badiali says that supply and demand will at some point lead to higher prices. In the meantime, he chalks the reason for copper not yet going up in value to investor emotion. Matt Badiali says that market move based on traders emotions and their fear of a trade war between the United States and China is leading copper to not go up as it should.Matt Badiali wrote that this metal is going to soon experience a huge bull market. One thing he points to is Grasberg copper mine construction which won’t come online on time as they rarely do. He said that their Indonesian copper mine completion it out at least two years and so there won’t be any increase in copper production for quite awhile.