Prices of various metals continuously rise and fall which in turn may lead to only a few minerals to get a reasonable rebound price while the other metals are disregarded and forgotten as the years pass. In the last six years, mainly due to inadequate demand versus a surplus of supply, Matt Badiali believes that one particular precious metal that had lost all previous popularity, is most likely to make a healthy come back in 2018.
Matt Badiali has many credentials like being a veteran in the natural source industry for two decades. He also works as an editor in a renowned publication known as, Real Wealth Strategist. This energy investment expert has had first-hand experience of owning oil wells, working in drill rigs and also had the pleasure of exploring various abandoned mines. All these forms of expeditions were completed to make profit based investments in the field of natural resources such as metals and many more. His constant exposure to meeting resource investors, CEOs of mining companies and other metal experts, have given him the leverage he needs to be seen as a subject matter expert in all things conductive and some not so much.
— Matt Badiali (@Matt_B_Guru) January 2, 2018
According to Matt Badiali, Platinum is the one metal that is most likely to soar in 2018, mainly because, this metal is at an all-time low, it’s the right time for investors to start purchasing this metal and make a profit when the prices increase. According to this expert in all things metal, if the demand exceeds the supply as predicted then the demand for this noble metal will rise 2% to 8 million ounces while supply will drop by 1 percent to 7.75 ounces.
Matt Badiali believes that while most sellers might not consider investing in Platinum until they see a rise in prices, it is essential to understand the main reason for the falling of prices of platinum. The fall in popularity of platinum was due to the lack of demand, possibly as this metal was being used to construct diesel based cars and after the Volkswagen incident, people stopped actively investing in diesel cars. However, with the new year and the rock-bottom prices of platinum along with the more stable European economy that prefers diesel cars, it is more likely than not that platinum will be in demand once again which will make this combination of noble metals, a wise choice to invest in the year 2018.
As a professor of geology at Duke University along with other colleges, Matt Badiali has a lot of experience in understanding new trends in the natural resources field. He predicts that platinum prices might rise by an approximate 25% in 2018 and this rise will impact economies in more ways than one.