Group Investors, First Prime - `Loonie` Lifted by Commodities

Released on: September 26, 2008, 9:34 am

Press Release Author: Peter Brice

Industry: Financial

Press Release Summary: Prime Business News: “First Prime Group” – Commodities sector
recovery may lift Canadian dollar to USD parity.

Press Release Body: “First Prime Group” currency traders are apparently seeing a
revival in interest in the Canadian dollar consistent with the renewed demand for
commodities.

A source close to “First Prime Group” said that the Loonie – named after a bird on
the one dollar coin – may reach parity with its US counterpart. Gold and crude oil
have registered solid gains recently in the wake of a raft of issue besetting the US
and global banking systems.

50% of Canada’s exports are commodities and, according to the “First Prime Group”
source, the rising price of oil has reinvigorated interest in the potential of the
nation’s oil-tar sands.

“First Prime Group” are believed to have been advising clients to buy and hold
stocks in companies connected to oil-tar sands since the steep increases in the
price of oil began in the 2nd and 3rd quarters of 2007.


Web Site: http://http://www.firstprimegroup.net

Contact Details: news@financal-online.com

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