Very typical daylight video. Normally there would be a possibility that the object is close, and therefore a bird or an insect, but the videographer saw it with the naked eye, and the search of the skies that continues after it passes suggests that this is not a hoax.

http://www.youtube.com/watch?v=Mbq9xxFd738
Story Source:
http://www.examiner.com/unexplained-phenomena-in-national/cigar-shaped-ufo-appears-broad-daylight-over-cantalice-italy-video-video
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