When it comes to metals, they are not much likable by the best of investors. Recently, the prices of metals have been on a decline in the stock market, and most investors do not advise their clients to purchase metals at this time. However, Matt Badiali, one of the leading investment expert urge people to invest in platinum as it is the right time for it. The prices of metal have recently come to a 14 year low, and it means that people can make money from it once it starts to grow again. Investor Matt Badiali has done its research and knows that the demand for platinum is set to increase in the coming months.
Platinum is growing in demand because it is used in many different industries. From the use in artificial jewelry to use in catalytic converters for vehicles, platinum has found many different usages. According to Badiali, the demand for platinum is much higher than its current demand and if the supply does not increase; the prices of platinum will surely go up. There are many different factors that affect the prices of platinum. One reason is that it is much rarer than gold unlike what many people believe. It has also been seen that when the economy is doing well, the price of platinum always goes up. It means that investors can easily invest in platinum and make huge profits in the investment world.
Many people might question why Matt Badiali is the right person to advise platinum. He has studied to become a geologist but later found out that his working passion is in the financial market. He completed his Bachelor in Science in Geology and Earth Sciences and then went on to earn a Master’s degree too on the same subject. He also has a Ph.D. from the University of North Carolina at Chapel Hill in sedimentary geology. After his studies, he joined a company where he had to travel to different parts of the world and determine the metals and natural resources that would be worth investing in. It was then that he started working as a expert financial advisor and have excelled in the position.