Agoracom: Small Cap Investment - San Gold Corporation

Welcome to the San Gold HUB on AGORACOM

San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

Reply New Message

Back To Forum List View

Good Read from ZH

Lunch Meat

Jul 23, 2010 03:27PM

Re: Good Read from ZH

mbgld

Jul 23, 2010 05:03PM

Deliverator

Rank: President [?]

Points: 11550 [?]

Votes: 59 Score: 3.6 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Good Read from ZH

in response to

Re: Good Read from ZH

mbgld

posted on Jul 23, 2010 11:43PM

Up until 2004 the BIS denominated its financial statements in Gold Francs. It now has made a major shift to denominating itself into Special Drawing Rights (SDRs). The calculation is exactly the same as used for the IMF. The SDR is operating as a defacto currency.