First Prime Group have apparently hailed the rene_g7action of raw materials and the companies producing them as a potentially lucrative sector for investment.
An unnamed First Prime Group commentator opined that in the absence of little more than the usual defensive stocks that traditionally provide a home for investors’ capital, the shares of mining and oil exploration firms may present investors with stellar potential for growth.
The commodities bull market, which was evidently prematurely declared over, has rebounded spectacularly in the days following several financial sector bailouts and plunging global indices. First Prime Group’s source said that the sector had been oversold in the wake of the recent correction in prices of key commodities including gold, oil and copper.
Gold and oil have enjoyed large upward moves which have returned them to close-to-pre-
