With the demand of natural resources reaching all time highs, Badiali focuses on the rise and demand of copper, specifically in China. With the combination of a Bachelor’s degree in Earth Science, a Masters in Geology and years in the geology field, Badiali knows his stuff. Matt Badiali, whom writes for Medium.com, suggests that China ( the “Mouth of the World”)uses half of the worlds supply of many natural resources, and there demand will continue to grow in 2018.
Copper stocks, which are 20% up from their 2016 prices, are momentary leveling, which Badiali suggests is the perfect time to buy. Badiali stresses that these “pullbacks” are opportunities to make a profit on Copper. He has spent the last ten plus using his expertise in both the geology and investment world in order to find trends like this.The positive correlation between copper and China’s demand of natural resources will make 2018 a bullish year for this commodity. Learn more about Matt Badiali at Crunchbase
He suggests that stocks like Southern Copper Corp (NYSE: SCCO) and Freeport McMoRan Inc. (NYSE:FCX), which are temporarily down, are going to be moving in a bullish manner and should be picked up while they are slumping. With these upward trends, Matt Badiali says that mining companies are going to make a lot more money than they have in the past years.
With China using nearly half of the worlds resources, and its demands continuing to increase, the prices of the resources will also increase, which means copper will continue to go up. Badiali says that according to Bloomberg, imports of Copper in November have hit an all time record. On top of this, natural gas, copper, coal, iron ore and soybeans are all up. Visit at ideamensch.com to know more about Matt Badiali
China’s copper imports have gone up from 0.15 million metric tonnes in 2010 to nearly 0.45 million metric tonnes in 2017. The graph shown on Badiali’s website on Medium.com correlates with all of his data. The demand for copper in China is increasing and is trending so well, that 2018 may hit record highs of demand, pushing the price up and making a lot of potential money.