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Riding the Super Cycle.

Asia Africa Intelligence Wire

| February 02, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Moneyweb)

Byline: Barry Sergeant

Rises in real metal and commodity prices have reversed the trend decline of the past 30 years, according to a major 260-page report by Citigroup Smith Barney, a division of Citigroup Global Markets.

For investors, the critical finding is that the trend reversal is likely to remain in place for some years, underpinning metals and mining stocks, and thus providing resources investors with the opportunity to "ride the super cycle." In the report, Citigroup Smith Barney hail a long term metals and mining super cycle that has already seen the broader resources group move to the status of market leaders.

It is a phenomenon not known for more than an entire generation. The theme is continuing this year: so far, bar resources, global stock markets have gone nowhere.

With global economic …

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