– Gold futures traded slightly higher in the early part of Friday’s Asian session following an impressive showing in U. S. trade Thursday that was aided by a weaker U. S. dollar.
On the Comex division of the New York Mercantile Exchange, gold futures for September delivery inched up 0. 07% to USD1,312,80 per troy ounce in Asian trading Friday. The September contract settled up 2. 17% at USD1,311. 90 per troy ounce in U. S. trading Thursday.
Gold futures were likely to find support at USD1,272. 10 a troy ounce, Tuesday’s low, and resistance at USD1,319. 85, Monday’s high.
Gold’s Thursday ascent was also aided by some decent economic news out of the U. S. and the euro zone. In U. S. economic news out Thursday, the U. S. Labor Department said initial claims for jobless benefits rose by 5,000 last week to 333,000. The less volatile four-week moving average dropped to 335,500, the lowest level since the fourth quarter of 2007.
In Europe, Germany reported that June exports were up 0. 6% from the previous month, better than expected. Germany is the euro zone’s largest economy.
The numbers sparked for demand for the euro that came at the dollar’s expense, which was bullish for gold, as the yellow metal and the greenback tend to trade inversely with one another.
Riskier assets and dollar-denominated commodities have been pressured in recent days due to a raft of comments from various Federal Reserve officials indicating that they could not rule out making a decision to taper stimulus measures at the bank’s September meeting, though lackluster economic indicators out of the U. S. have some market participants betting that such a decision will come in December.
Elsewhere, Comex silver for September delivery rose 0. 23% to USD20. 240 per ounce while copper for September delivery added 0. 18% to USD3. 267 an – offers an extensive set of professional tools for the financial markets.
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Jester’s Chat Room Late Thursday Night

[sunsfan] Jester..from your earlier posts looks like we have a lot to wait on to see an RV

[oxglove] sunsfan i get that feeling too

[Jester] sunsfan SHEESH.. WITH ALL I SEE IN THE NEWS I THINK IT IS PRETTY CLOSE…

[Mya] Jester, Are we anticipating any news tonight, announcements or further info concerning the timeline or procedures completed leading the to the awsome RV? Court all day for me= big win —–> want to keep my positive high… Just wondering? Thanks for all you do. Great infor earlier. Appreciate you and others.

Jester] Mya THINGS ARE LOOKING PRETTY GOOD… HIGH EXPECTATIONS ALL AROUND… COULD GO AT ANY TIME… WE HOPE TO SEE THE ANNOUNCEMENTS WE ARE LOOKING FOR VERY SOON…

Read More Link On Right

  Jester: MarkZ HEY BIG GUY! WELCOME…

MarkZ: Truth No need to slow it down. I am just hanging out. All that needs to be said has been said. Just wait for Okie and soon we get to start sharing all the things we had to keep hush. We can rip the bandaid off.

MarkZ: Jester Same here

holistichealth: MarkZ u think Okie will land by early morn? tyvm

MarkZ: holistichealth I am very hopeful that he will get to. I for one am going to give him all the respect he deserves and let him do the honors when it is time.

funtimes: MarkZ you mentioned in passing on yestedays post that Zim is of interest to you later on down the road. Can you elaborate on this and other African currencies? I understood from previous posts that all would go in one basket etc etc.

MarkZ: funtimes I like that one and the CFA currencies as well as Mongolia. I do believe they will reset but not RV yet.

MarkZ: funtimes That is a conversation for post RV/RESET though. Let’s focus on this one first. This is a great movement of money and when there is a large movement of money it usually results in opportunity. Let’s be prepared to make the most of it.

bigbear: MarkZ MarkZ Are you going to help us with the currency stuff after GRS

slick52: Can someone help me out… Everyone is referencing FED. Can someone tell me what it is

clipper: slick52 Federal Reserve Bank

Hannah: MarkZ Do you have a feel for how the IDR will do?

MarkZ: Hannah Yes but I am not a professional currency trader and I should not be giving advice. I can tell what I think I will do but everyone has to make their own decisions and I highly suggest you get the best help money can buy post RV

MarkZ: funtimes the RESET is the global reset to asset backed currencies. aka gold standard instead of fiat based. The RV is a simple change in value. This is big because both are happening at once.

This will greatly help the smaller and less advanced countries to compete with a more equal playing field. It should tale the high’s and low’s out of the globl economy. Make it smoother…

Jiff: MarkZ Is the Omega program a Humanity program…..meaning a Omega recipient will be required to give a certain % away in order to keep his/her percentage? Or is the recipient able to keep it all? Thanks greatly appreciate your time.

Jester: OK GUYS… HOW ABOUT SOME RESPECT… IMPORTANT INFO YOU GUYS ARE MISSING.. YOU ASK FOR INFO AND YOU TALK ALL THE WAY THROUGH IT…

MarkZ: Jiff I do believe that they will be required to invest into humanity. I am not certain what amount they get to keep for style of living though. They will do just fine though.  

MarkZ: Jiff I do believe that they will be required to invest into humanity. I am not certain what amount they get to keep for style of living though. They will do just fine though.   

musicman: How does one get in the omega program?

MarkZ: Jiff The Omega recipients will need a list of names to gift as soon as they receive though it what I have been told.

Jester: musicman IF YOU ARE NOT IN IT YOU DO NOT NEED TO WORRY ABOUT IT.. THE HAVE BEEN CLOSED FOREVER…

wheezer2: MarkZ MarkZ good evening……just getting back to computer and no doubt you have been asked this, but………………………….are you expecting okie to land tonight

MarkZ: wheezer2 It is possible but overnight is more likely I think. Just listen for him.

texas1837: MarkZ but isn’t this what Zap is doing too and we can sign up with him?

MarkZ: texas1837 That is different from PP’s but tied into it. There will be alot of money left to distribute post WGS, a lot of PP’s folks have passed away because it took so long. When they finish they will take stock and then help us create jobs with what is left over. I believe that is what Zap is referring to. I could be wrong though.

angelheart: MarkZ if they pick whose to say it doesn’t get corrupt and go back to them?

MarkZ: angelheart They will be watched.

[MarkZ] On Phone…Sorry gang. I won’t make it back before the room closes. Jester, thanks for having me. Be good all, look for Okie soon.

[Truth] MarkZ lol hurry back now ya hear?

[Jester] MarkZ THANKS FOR STOPPING BY BIG GUY…. APPRECIATE YOUR SUPPORT…

[Justice] Thank you all for spending time at Jester’s Place!

[Jester] I LIKED THIS WHEN IT WAS POSTED BEFORE… SO I WANTED TO HEAR IT AGAIN…

http://www.youtube.com/watch?feature=player_detailpage&v=9ttDUGM-1mU

[Truth] THANKS EVERYONE FOR STOPPING BY JESTERS PLACE! REMEMBER YOU ARE IMPORTANT!!! LET YOUR VOICE BE HEARD!!

[Sacred Honor] keep your eyes peeled for Okie’s plane— I think I see it coming in to land!!!!

TNT:

rayren just said window to open tonight at 9:00 pm est today.

[Already Blessed] TONY IS ON THE PHONE ALL DAY AND ALL NIGHT…HE WILL DO AN UPDATE OR CALL IF THERE IS A SIGNIFICANT CHANGE

[ArizonaHeat] 10:53 PM Ok tnt fans…just heard from contacts in Reno that the rate is live…hoping! Go RV!

the reverend] ArizonaHeat – hoping with ya!

[tennessee] joe5955]. on OMC: private bankers have exchange procedures in hand banks anticipating tonight and Okie should be landing tonight several banks were reported in the past not handling the exchange, and now as of this morning received paperwork and contracts to explain how to do exchanges we should see this thru the morning. he is very excited everything points to the next 12 hours for us. things are finally delivered

[Compassion] On OMC…Also says Cxxxx bank in Texas and another bank, who said they are NOT cashing in Dinar, are SCRAMBLING, sending out overnight contracts, wanting folks to cashin with them….it is coming. :)

[doforself] Look out for friday afternoon around 4:00PM . Go get Some $$$ sleep
….
Read More Link on Right

MIG:

[Sparkles] Hi hub how’s Houston

.[hub] Sparkles hot like usual

[hub] ok, the little tidbit,,the currency broker text this morning to look for tonight,,,said he thought that it could go …….

[Sparkles] hub I was wondering when you were going to spill it haha

[hub] hehehehe……we shall see…….

[mcmc408] hub your guy said that and okie is trying to land tonight

[hub] mcmc408 there are several that are coming to the belief that the rv did in fact occur in iraq,,,,on other sites that most dont go to…..

[mcmc408] hub i am hoping that is so true we all are ready

[hub] mcmc408 i am , i know for a fact……

*************************

I4U:

[keiji] Lakerfan could you please repost..Just got here

[Lakerfan] keiji just got confirmation that Okie maybe spot on this time and we should be where we are going tonight.

[FLPatriot59] Lakerfan Source (unless you’d have to kill us if you reveal your source)?

Lakerfan] FLPatriot59 very reliable from an WF representative in Reno.

[candy] hello castle someone in TNT posted that they were told rate is live in reno! I have no idea how credible this is, but is gives hope!

[FLPatriot59] You guys keep the faith! The next few days MAY be pivotal for us. Remember tonight to pray for those in need and remember each other. I’ll be back tomorrow, hopefully transcribing Tony’s post-RV call – wouldn’t that be a hoot?!!

This contribution is based on PowerPoint presentation delivered before the Symposium “Iraq – 10 Years On” held at Tahrir Campus of the American University in Cairo (AUC) on 3rd and 4th June, 2013.
I –  Introduction
As this conference is about Iraq it is therefore expected that other contributors would address sustainable development from different aspects and disciplines using probably different methodologies, terminologies and statistical data.
This presentation focuses on energy and more precisely on petroleum. And from this perspective sustainable development is taken within the context of the depleting finite natural resources in the country.
The presentation begins by outlining briefly the conceptual and analytical framework of sustainable development, in a rich deplete-able natural resources developing country, as a process of transformation through horizontal and vertical structural diversification.
Then it uses “budget analysis approach” to draw few conclusions on whether “horizontal diversification” in the economy had occurred during the last ten years commensurate with the availability of the necessary development financing. A more detailed analysis of the efforts in the petroleum sector was provided to assess the “vertical diversification” in this important sector.
The presentation argues that the lack of and imbalances in both horizontal and vertical diversification during the last ten years had undermined the sustainable development prospect, entrenched the dependency on upstream petroleum subsector and pushes the economy further in the web of rentierism.
However, the recent launching of the first ever energy strategy might bring some sense to development planning in the country. Hence the presentation suggests and highlights the urgency for adopting different and diversified strategies to manage the production of petroleum and the associated influx of export revenues.
Moreover, it introduces and outlines the importance of full transparency of all resources and payments flows within the “Value Cycle” during the duration of the related projects. Finally, the presentation ends with few concluding remarks.
The full paper can be downloaded here.

 

BAGHDAD—As Kurdish leaders across the Middle East prepare for a National Conference due later this month, some Iraqi leaders have voiced concern about the true intentions of the meeting.
An official from Iraq’s ruling State of Law coalition says that Baghdad has no objection to such a conference as long as it does not debate the separation of Kurdistan, and that outcome of the talks do not mean a threat to Iraq or the region.
“If a National Conference is to find a better life for Kurds in Iraq and the region, we have no issues with that,” State of Law spokesman Ali Shalla told Rudaw. “The era of dictatorship and marginalization is over and no one should be able to control what we want to do. ”
However, if the intention is to separate Kurdistan from Iraq, then Baghdad will certainly take a stance, Shalla added. He said that the organizers should invite some Iraqi MPs to attend the event.
“We hope that some Iraqi MPs, especially those who are known to be friends of the Kurds, get invited to the conference so that Baghdad knows what is discussed there and avoids any suspicions,” he said.
Ghafour Makhmouri, spokesperson of the National Conference, said that more than 300 foreign dignitaries are invited to the conference, among them the Iraqi Prime Minister Nuri al-Maliki.
“A number of Arab figures who have supported the Kurdish cause will also be invited,” Makhmouri said.
Apart from Shalla’s comments, Baghdad and Iraqi leaders in general have so far chosen silence over the event, which has been announced for August 24.
Hashim al-Haboubi, a Baghdad-based political analyst says, “Baghdad’s silence towards this conference has different reasons: The main one is that Maliki’s government is bogged down with the security situation” in Iraq.
Preparation for Iraq’s parliamentary elections next year, said al-Haboubi, is another reason Iraqi leaders have no time to comment on the Kurdish conference.
Haboubi, who is also the secretary general of the Iraqi Republican Assembly, says, “The Kurds should break their shyness and announce their conferences and invite anyone they want more openly and ahead of time. ”
The planned National Conference is expected to bring Kurdish parties scattered across the Middle East closer to each other, but its outcome may also sour relations between Baghdad and Erbil in the end.
“Kurds now need a united voice more than ever before,” says al-Haboubi. “And I expect this conference to change a lot for the Kurdish freedom movements in this region. ”