Matt Badiali is Bullish on Silver

Financial advisor Matt Badiali feels that now may be a great time to begin investing in silver. With the precious metals being obliterated in the past several months, some will find it laughable and bad advice to choose silver as an investment. However, Matt Badiali has years of experience as a geologist. He has traveled all over the world examining natural resource assets of large companies. He believes it is important for an investor to examine an investment firsthand before committing funds to the investment. He has proven to be able to pick very profitable resource investments for his subscribers, so when he says its time to invest in silver, it may be prudent to pay attention.

At the beginning of September, spot silver hit $14. 15 an ounce, a level not seen since early 2016 and one of its lowest price closes since the financial crisis. Matt Badiali and other investors have been pointing to some of the extremes in the silver prices and expecting higher prices to materialize. Some analysts are predicting triple-digit silver within the next several years. The factors that may launch silver are the massive debt levels in the financial system, stock markets at ridiculous valuations, and low-interest rates.

Matt Badiali understands why the precious metals have performed poorly. Due to all the economic and geopolitical uncertainty, the US dollar became more of a safe haven currency. Individuals living in countries with economic woes have been selling their currencies to buy dollars. Matt Badiali also believes that the cryptocurrencies played a huge role as to why the precious metals did not perform too well. Individuals would have purchased gold and silver, but many advocates of sound money see cryptocurrencies as a great alternative. The investors who have cryptocurrencies today would have probably chosen hard assets years ago.

With many investors choosing the hot new cryptocurrencies or the strengthening US dollar, the price of silver may remain low. Mr. Badiali is still bullish on the fundamentals for silver and believes that in the long-run silver will be a phenomenal investment. Silver is needed for us to maintain our modern standard of living.

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