Gold Price Reaches Highest Europe Level In 18 Months
London reports a surge in free market gold to 40.70 an ounce as European banks cash dollars for gold amid U S monetary uncertainty. Belgium led the move with potentially broader withdrawals, risking the world monetary system and Roosevelt era guarantees.
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North Viet Jets Harass U.S. Planes Over Laos
North Vietnamese MIG jets extended operations into the Plain of Jars in northern Laos harassing U.S. planes supporting Laotian forces. An American observation plane reported two firing passes by a MIG21 and a second MIG circling overhead, marking the first MIG attack in over a year and deep inside Laos. The U.S. Super Skymaster pilot felt blasts to the right rear and observed air bursts, but the plane was not damaged according to a U.S. communique.
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