Matt Badiali is an accomplished author who occasionally writes about various topics. He publishes articles on the “Real Wealth Strategist,” a journal that operates under Banyan Hill Publishing. Matt Badiali recently wrote about copper and how its price has improved in the market. According to Matt Badiali, the cost of copper has risen significantly since 2014.
How the price of copper is improving
In the 2016-2017 financial years, the price went up and is expected to rise even more by 2027 according to seekingalpha.com. The cost of electric vehicles will shift from $ 3 million to $27 million due to the demand for the metal. It is estimated that in 2027, the need for copper will increase from 185,000 metric tons to 1.74 million metric tons. The car manufacturing industry will increase its copper usage from 1 percent to 7 percent.
Copper demand is directly proportional to oil demand. Since these two products are interconnected, the need for crude oil will increase significantly. According to numerous economists, copper is affected by economic trends on mattbadialiguru.com. When there is an economic downturn, the price of this red metal is affected substantially. Based on Matt Badiali experience and research, investors who place their money on the copper business are likely to earn significant returns.
About Matt Badiali
Matt Badiali is an editor at the Banyan Hill Publishing. He has experience in the energy, agricultural, and mining industry. Matt Badiali is a graduate of the Penn State University where he graduated with a bachelor degree in Earth Science. He has also studied geology at the Florida Atlantic University. Matt Badiali initiated his career as a consultant with an environmental company. During his tenure with this firm, he developed a passion for geology.
Matt Badiali has a vested interest in business and investments. He has conducted business around the world. His involvement with various stakeholders has taken him to numerous countries, including Iraq, Singapore, Hong Kong, Haiti, Switzerland, Turkey, and Papua New Guinea. He has interviewed chief executive officers from various companies, including oil wells land and mines. Matt Badiali has always demonstrated an interest in oil drilling. This interest has led him into venturing into oil exploration activities. According to Matt Badiali, surveying and watching drilling activities of a company tells how a business is performing. Matt Badiali has worked for other local firms, including Stansberry & Associates. Matt Badiali boasts of a network of professionals in various fields, including geology, finance, and hedge funds.
For more information about Matt Badiali, just visit https://www.crunchbase.com/person/matt-badiali
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— Matt Badiali (@Matt_B_Guru) December 5, 2017