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Can you explain what is happening here?

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posted on Nov, 4 2010 @ 05:58 PM
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Gday all, the COMMONWEALTH OF AUSTRALIA is listed on the US securities and exchange commission.
Can anyone explain whats happening here in normal layman's terms.

www.sec.gov...



posted on Nov, 4 2010 @ 06:29 PM
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reply to post by iceblue20-12
 


Probably just something alloted for currency exchanges between central banks and rules for securities that trade in the USA. These are otherwise known as depository receipts. None of this is listed very clearly. It is most likely the case though in my opinion without a lot of research.



posted on Nov, 5 2010 @ 12:29 AM
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it seems to be some kind of audit trail for transactions... probably has something to do with how money is made from nothing.



posted on Nov, 5 2010 @ 04:49 AM
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Thanks guys for your replies, iam hoping to hear from someone that is well educated in economics and can tell us all exactly what is going on in terms we can all understand.
I have this link to a blog that may explain it but i would like a second opinion.
Check it out loveforlife.com.au...




 
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