best place to sell gold

Research Recap: Fitch Ratings says Europe’s oil refining sector is experiencing considerable cash flow pressure due to a cyclical trough, particularly with regards to depressed refining margins and low refinery utilisation rates. Fitch expects 2009 to be one of the weakest years in the past ten years for operating cash flows for European refiners . The agency’s outlook for the refining sector is negative due to … South Africa’s Gold Reserves Are 90% Lower Than Thought …

In the face of China, Russia and India accumulating gold stock for their CB, South Africa too now that I think about it, the economic factor of jewelry demand is meaningless… nero said: Oct 5, 1:22 PM …. I don’t see the average bus driver or hair stylist buying gold . I don’t see people selling their houses in order to buy gold . I don’t see Cramer screaming: “But Gold !!” When that happens, the bubble will crest. Not until. Andrew said: Oct 5, 2:10 PM …

South Africa’s Tsozo Refinery plans to develop a gold processing facility in Mozambique having been granted an exploration licence in the country, Reuters reports…..more at MEIOnline …

Save for meeting certain regulatory requirements and securing a local partner, South Africa’s Absa Capital says plans have reached an advanced stage to list and trade a gold Exchange Traded Fund (ETF) on the Botswana Stock Exchange (BSE) before December.