Gold is no hedge for Apple

A friend of GMac Monitor tweets on our last post on gold:  “so gold is no short-term hedge for Apple?”

When in doubt go to the charts…

Dec_Apple and Gold

Short answer.  Nope!

Didn’t the Mayans write about this correlation?  Or was it causation?

(click here if chart is no observable)

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One Response to Gold is no hedge for Apple

  1. Fanofsg says:

    Interesting graph. This means Apple will recover because gold will be $2000 next year.

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