In case you haven’t noticed, Apple is in trouble now. It’s stock is down, way down from its highs. In fact, Apple shares have fallen 25% since late September. Yesterday the stock fell 2.4%.
Investors must consider whether or not Apple is the “canary in the mineshaft.”
How can a company whose shares investors chased up 74% in a year suddenly fall out of favor like it has?
Something is spooking investors. And we suggest that that something should not be viewed as exclusive to Apple. The stock market is vulnerable and investors should diversify into assets that are not closely correlated with stocks.
Rare gold coins are particularly useful in this regard.