Saturday, February 16, 2013

The Power of News!

I unintentionally came across this article on MarketWatch and found something really interesting. The effect of news on the markets is uncanny.

Take a look at this MarketWatch article on Gold. It was published on 15 Feb 2013. (http://www.marketwatch.com/story/how-gold-will-benefit-from-a-currency-war-2013-02-15)


After the news was published on 15 Feb, take a look at what happened to Gold on 16 Feb.


I leave you to decide the power of news and the usefulness of fundamental analysis (or news analysis).

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