tyb
GORDO14 USAF E-4B Nightwatch from Offutt AFB, NE finished with some low alt runs over eastern Colorado Springs-including Peterson AFB.
This AC has been used by the Sec. of Defense for several years
Gold drops 5%, silver dives over 13% as equities surge
Au : -106.20 -5.24% Ag : -3.66 -12.55%
Silver finally gets a headline in the main stream financial media…when it drops double-digits %-wise.
Gold sank as much as 5.3% on Tuesday, facing its worst one-day rout in seven years, as a return of risk appetite following encouraging economic numbers and hopes of new coronavirus relief package boosted the S&P 500 to near record highs. Other precious metals also took a beating, with silver plunging as much as 13.8% - its biggest daily decline since October 2008. It was down 13.4% to $25.24 per ounce by 1:59 p.m. EDT (1759 GMT). Platinum dropped 4.7% to $940.08, and palladium slid 4.7% to $2,116.33.
“This feels like a mini crash. We could not overcome the early morning headlines of a Russian potential vaccine, and there was just continued optimism flowing into stocks,” said Edward Moya, senior market analyst at broker OANDA. Spot gold tumbled 5.2% to $1,921.50 per ounce, retreating sharply from Friday’s record high of $2,072.50 and was set for its worst day since June 2013.
U.S. gold futures settled down 4.6% at $1,946.30. The better-than-expected economic data helped accelerate the sell-off, but the outlook remains bullish for gold, Moya said. U.S. producer prices rebounded more than expected in July, and the U.S. S&P Global index moved closer to record highs. Gold’s record-breaking rally, driven by expectations of further stimulus and a weaker U.S. dollar in the face of a surge in virus cases, was also tempered as higher U.S. Treasury yields made non-yielding bullion less attractive.
https://www.reuters.com/article/global-precious/precious-gold-crashes-5-silver-dives-over-13-as-equities-surge-idUSL4N2FD3IT
https://www.kitco.com/charts/livegold.html
https://www.kitco.com/charts/livesilver.html
was just gonna ask that too.
if you do today (if still around), I'll do tomorrow if needed.
gb
Duterte takes Russia's offer of COVID vaccine after asking China
The Philippines will accept an offer for a pending Russian coronavirus vaccine once a supply becomes available, President Rodrigo Duterte said Monday, soon after he discussed a similar deal with China.
The Philippine leader even offered himself as a test subject for the Russian-made vaccine. "I'll volunteer to take it in public," Duterte said. "I'll be the first to be experimented on."
Russia plans to approve a coronavirus vaccine on Wednesday. But because the candidate has not completed clinical trials, critics from Western nations question the product's safety.
Yet Duterte expressed gratitude Monday that Moscow is willing to share its supply with the Philippines. "I'm very happy because Russia is our friend," he said. "They said they will give the vaccine." Duterte thanked Russian President Vladimir Putin by name.
Igor Khovaev, Russia's ambassador to the Philippines, told reporters Friday that Moscow has developed a "safe and effective" vaccine that is ready to be supplied. The Southeast Asian country is also a candidate to be a production site for the vaccine, Khovaev said.
Upon approval, mass production is to begin as early as September, with free injections available to health workers and other risk groups in October at the soonest. Duterte expressed hope that Russia would provide the vaccine for free, unlike the U.S., which would expect compensation. But Moscow has stopped short of saying the supply would be free.
The Philippines has reported 136,638 COVID-19 infections, including a daily record 6,958 new cases Monday. The country has re-imposed tough restrictions on travel and other activity in Manila and elsewhere. China represents the second prong of Duterte's vaccine diplomacy. During his state of the nation address in late July, Duterte revealed that he had asked Chinese President Xi Jinping to let the Philippines become one of the first recipients of a Chinese vaccine. Beijing has said it would give high priority to the request.
While Duterte has been known at times for making friendly overtures toward China and Russia, the scramble to defeat the virus appears to have added urgency to this approach.
https://asia.nikkei.com/Politics/International-relations/Duterte-takes-Russia-s-offer-of-COVID-vaccine-after-asking-China