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Gold Bug

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Gold Bug
An investor or investment adviser who keeps a portfolio consisting largely or exclusively of gold and gold-related products, especially when most other investors are not doing so. A gold bug may believe that the economy is about to undergo a period of high inflation or that a speculative bubble is about to burst. He/she invests in gold because it tends to maintain its value, even in bad economic times, and because it is usually protected from inflation. Other investors often believe that gold bugs are alarmists. In the late 2000s recession, some gold bugs were associated with the Austrian School of economics, but this is not always the case. See also: Peter Schiff.
gold bug
An individual who thinks that investors should keep all or part of their assets in the form of gold. The tendency to recommend gold nearly always stems from the gold bug's expectation of rapid or uncontrolled growth of the money supply accompanied by high rates of inflation. Some gold bugs also predict economic collapse with gold becoming the standard of payment.
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Jones, who built Tudor Investments into an asset management powerhouse with $11 billion under management, recently told his fund investors: I have never been a gold bug.
Two-step strategy to making a fortune in gold by Andrew Mickey / Stockhouse
Inflation fears, meanwhile, continue to propel gold bugs into fits of ecstasy.
SERVICES SHOW SOME LIFE by Harry Maurer & Cristina Linblad / BusinessWeek
Debunking the Hyperinflation of Peter Schiff and the Gold Bugs Richard Moheban Mile Sands Press 3174 North Booth St.
Debunking the Hyperinflation of Peter Schiff and the Gold Bugs by Small Press Bookwatch
 
 
 
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