Matt Badiali considers himself as what most of his observers do. He is a renowned natural resources expert with multiple investments in various assets such as gold and oil. Matt Badiali is hands-on in his investments, hence he has a long list of nations he visits to investigate their returning capabilities. Matt has lived in Yukon, Singapore, Papua New Guinea, Iraq and Hong Kong while studying the intricate nature of his interests. Matt is a prolific business person who values creating worthwhile relationships with investors such as Rick Rule, the CEO of Sprott US Holdings and Ross Beaty who serves as chairman of Pan American Silver.
The automobile industry is a real consumer of precious metals in the making of catalytic convertors. Since 2016, the price of palladium skyrocketed to create a bull market. Analysts speculate that the prices will not be coming down in the near future. Car manufacture companies began using palladium when the price of platinum soared. Matt however highlights the change in the markets since the last wave.
Historically, platinum was among the most highly priced natural resources. A three-quarter ounce of platinum could afford an ounce of gold, while half of it could buy palladium. The shifts in the market have reversed the rates such that 1.4 ounces of platinum is equal to an ounce of gold.
Matt Badiali recently expressed his views on the gold market, explaining that it is a misconception that gold is losing its value. He revealed that it is the most opportune time for gold’s prices to skyrocket. He estimates that the value will level up to 500 percent. In 2015, gold was priced at $1050. He explained that despite the rise and fall of the amount, the future is bright for investors since the new lows are higher than the previous shift’s values.
Matt Badiali has a firm belief that the motivation behind people’s fear in investing in gold lies in the previous performances of the resource. The fear prompts individuals and groups to speculate in the fall of the United States, a war in North Korea and the rise of Russia as the new power of the world. This is primarily because of Russia’s vast purchases of gold. Matt states that individuals can look up to what such countries are currently doing and emulate them in raising their net value. Matt encourages investors that buying gold in the current season will yield satisfactory results in the next decade.
— Matt Badiali (@Matt_B_Guru) October 17, 2017