Investing in innovation is a long-established way to get returns. This industry, however, has many more sub-sectors that people can take advantage of to earn money. For example, Tesla has been one of the most revolutionizing vehicles ever since it first presented the electric battery concept. Nowadays, however, people unable to invest in the car itself can buy the materials need to build it. This includes copper. Follow Matt Badiali on Twitter.
Matt Badiali is an experience natural resource investor who has spent his entire life as a geologist and businessman. Recently, Badiali wrote an article on the aforementioned topic. He claimed that copper is a good investment right now as its prices have been dropping lately. Normally, people would think that a drop in prices will yield in no investment. Badiali, on the other hand, advises that those who dare buy copper for cheap right now will benefit from its price increase in the future.
This comes from a thorough research that this experienced writer has conducted. Looking at the historical levels of copper, it is now in higher demand than it has been for a long time. When there is a situation like this one, where demand is exceeding supply, prices will eventually spike up. Therefore, buying copper now when it is in large demand will prove to be a smart investment once prices catch up with the needs of the market.
According to Badiali, Tesla has been the main factor for the increase in demand. The vehicles produced by this brand contain 165 pounds of copper while 88 pounds are present in the battery itself. Since Tesla will not be slowing down anytime soon, one could anticipate copper to maintain its “high-commodity” status once its prices are soaring.
Matt Badiali has made investments of similar nature in the past. He has been in the game of oil and precious metals long enough to anticipate many market factors that will affect his profitability. Having traveled around the world and graduated with a Master’s, it is safe to say that Badiali has the necessary background to be taken seriously. He has spent years on-field when it comes to geology and this facilitated the birth of his hands-on approach. In order to know what kind of company he is dealing with, Badiali will look for minor giveaways. He then teaches people how to do the same through his short article serious written for the Banyan Hill.