Matt Badiali Sees Increasing Prices for Platinum in 2018

Matt Badiali, the famous investment advisor and editor of the investment advisory magazine, Real Wealth Strategist – a Banyan Hill Publication. He says that post-2010 the metal industry experienced some of the most struggling years, but 2017 saw some level of recovery. Matt Badiali says that the condition of demand superseding the supply is creating the condition for the price hike, and this is the reason copper showed a hike of 27% in price since 2016. Similarly, due to the lack of investment, Zinc fell below demand, and the price went down. He continued that platinum would see surging prices in 2018 due to the increasing demands per World Platinum Investment Council.  Read more at to know more about Matt Badiali

The precious metal went through steady decline during the period 2011-16, and in January 2016, it touched the bottom by going down lesser than half of 2011 prices. Then, it started slowly rebounding with two collapses in the early December 2017. The reason Badiali asks people to see surging prices is its deficit in supply of nearly 15,000 ounces in 2017 by the World Platinum Investment Council. The demand is expected to expand to 8 million ounces with a 2% increase. Similarly, the supply will go down to 7.75 million ounces with a drop of 1%. It will create a deficit of 250,000 ounces, which creates the possibility of higher prices this year. Learn more at Seeking Alpha about  Matt Badiali

While this is expected to bring platinum sellers out, the price of platinum is still at the bottom. Without generating a significant price rise, the sellers would not find the profits soaring. Also, the platinum mines are old, deep, and slowly running out of metal. Since it is not widespread and not many new mines around the corner, an increased gap between demand and supply is expected in the case of platinum. Current lower prices and the strong European economy is expected to fuel platinum in 2018 and may produce a hike of 25% in the year.

Matt Badiali is geologist and investment specialist who advises his audience on opportunities in the mining sector. He traveled to many countries including Turkey, Hong Kong, Iraq, Singapore, Haiti, Switzerland, Papua New Guinea, and more and visited many mines in an attempt to find the potential investment opportunities for his readers. Badiali is not someone who sits inside the office and does the analysis based on others’ finding. Instead, he visits the mines in person and comes up with accurate findings and analysis. He also collaborated with a drilling company as a geologist before joining Banyan Hill.