Matt Badiali: Factors Keeping Silver Down

One of the most unloved commodities is silver. The precious metal has been in a downtrend after making an epic move to almost $50 an ounce in 2011. Geologist and financial expert Matt Badiali is trying to get investors to love the metal once again. He feels that silver is on the verge of rising over the next several years and feels silver has amazing fundamentals. Matt Badiali earned his Ph.D. from the University of North Carolina. Matt Badiali’s Freedom Checks Exposed.

His whole life had been dedicated to geology until a friend of his introduced him to the world of finance and encouraged him to use his science background and use it along with finance to make wise investments in the natural resource sector. He has helped many of his subscribers double or triple their money with his investment picks. He has lately been extremely bullish on several commodities, particularly silver. He wrote to his subscribers recently about why he felt silver had long-term potential and the factors that were holding silver back in the short-term.

Matt Badiali first tells his followers that silver trades like a commodity. The US dollar has been strengthening for several months and a stronger US dollar usually translates into weaker commodity prices. Part of the reason the US dollar has been strengthening is that the emerging market economies have been doing rather terrible and many of the emerging market currencies are in free fall. This is causing many foreigners to trade in their currencies and purchase US dollars. Another factor that Matt Badiali blames for the poor performance in silver is the rise of the cryptocurrencies. He believes that a lot of the money that would normally have flooded into gold and silver ended up going into the cryptocurrencies.

Matt Badiali does feel that silver is about to go much higher in the coming years. He feels that the increase in solar panels and the fact many countries are trying to produce cleaner energy are going to ultimately drive silver prices much higher. With the US going deeper and deeper in debt and an overvalued stock market, many investors may flock to silver.

For details: medium.com/@MattBadiali