Investing Opinion

Sneak Preview: Mining Potential for Transformation

 

And that is not because we've ceased to grow. As in the ag, oil service, and aerospace bull markets, there was so much starvation for so long that many players merged or were driven out of business. That left just a few power-houses, all of which are totally investable.

Cramer: Pay for Your Kids' College -- All of It

Countries like to have a one-stop mineral shop, like a supermarket, to produce their goods. That's why, when I think of minerals and mining, I think of CVRD(RIO), the Brazilian powerhouse linked to low-cost nickel; Freeport-McMoRan(FCX), a U.S. gold and copper producer; and BHP(BHP) and Rio Tinto(RTP), which mine and smelt just about everything.

A portfolio without a mineral or mining company will miss the greatest secular trend of our lifetime, the growth of what we used to consider Third World or less-developed countries into countries that can compete globally or eventually exceed us in the production of goods and services.

Editor's note: This is a special sneak preview of Jim Cramer's just-released book, Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer). Look for more sneak previews every day, and get your free copy with your annual subscription to Action Alerts PLUS; click here for details. Catch Cramer in person at his last book signing event: Saturday, Jan. 12, at 1 p.m. in Westbury, Long Island's Costco.

Missed the first sneak previews? Read the book intro and the rules of getting and staying rich: Rule 1, Rule 2, Rule 3, Rule 4 and Rule 5. Know what pros do right and amateurs do wrong: Part 1, Part 2, Part 3, Part 4 and Part 5. Learn the five mini-bull markets that will stampede for years, starting with aerospace and defense, agriculture and oil and oil service.

>To order reprints of this article, click here: Reprints

From Jim Cramer's Stay Mad for Life by James J. Cramer and Cliff Mason. Copyright 2007 by Jim Cramer. Reprinted by permission of Simon & Schuster, Inc.

At the time of publication, Cramer was long Freeport-McMoRan.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. To order Cramer's newest book -- "Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer)," click here. Click here to order "Mad Money: Watch TV, Get Rich," click here to order "Real Money: Sane Investing in an Insane World," click here to get "You Got Screwed!" and click here for Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he appreciates your feedback and invites you to send comments by clicking here.

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