Matt Badiali has spent more than two decades doing geology work. He attended Pennsylvania State University, earning a B.S. degree in Geological and Earth Science, and later on received a Masters degree in Earth Science from Florida Atlantic University. In addition, he worked towards a Ph.D. at the University of North Carolina until the year 2004, when he entered the world of finance. He is currently the editor of his newsletter Real Wealth Strategist, and is working for Banyan Hill. Work and education resulted in Matt Badiali traveling to a number of places around the world as a geologist. He visited oil fields and mines in order to inspect operations and equipment, and his jobs took him to countries such as Switzerland, Singapore, Hong Kong, and many others.
His knowledge suited him for the investment world in the natural resource market, as it is usually very cyclical and with a high degree of speculation. One of his latest recommendations has been investing in silver. The experience that Matt Badiali has in the geology world makes him a reliable source when it comes to natural resource investments, as in the past he has predicted the rise of base metals. Despite it being considered a strange choice by some, he explained his strategic choice in his newsletter. Silver hit the $14.15 mark in September, which is the lowest point since the beginning of 2016.
On the 11th the same month, silver hit $13.98, but regained momentum once the dollar took a dip. As the day came to a close, silver’s price was at $14.14. By the beginning of the next week, silver was at the $14.23 mark. Several experts note that silver is bound to reach high points, some even going as far as saying that silver will reach a three digit price – the most optimistic prediction being $130 in the next several years. The market is currently undervalued and the conditions are ideal for silver’s price to rise. Matt Badiali notes that when it comes to silver, fundamentals did not change, and it is still a strong investment in the long-term.
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