Some newsbits

FT Alphaville - again with Chinese government stats and Benford's Law. As noted, China has been fudging their numbers, but only slightly. Really I'm only bringing it up cos Benford's Law is interesting.

Bonddad - US manufacturing looks awesome. Again, posted to try to drive it home that the US economy isn't suffering. And when the US economy is growing, what gold-purchasing third-world countries benefit from the knock-on effects on their own economies? Hm?

Beyond Brics - a string of bad news imminent from South African miners. And when South African mining collapses, what is the name of the yellow metal whose price should go up?

FT Alphaville - don't get too worked up about iron ore. And that means, in either direction. Because Chinese don't make rebar out of gold and silver.

Beyond Brics - Tata & Infosys suggest strong Indian growth. And when Indians get more money, what is the name of the yellow metal that they buy? Hm? Answer me! What is the name of the yellow metal that Indians buy when they get lots of money! Say it, bitch!