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.
References in periodicals archive ?
More generally, the motif of the split personality, explicitly developed by Poe in "William Wilson"--to quote one obvious example--is more subtly realized in "The Gold Bug.
But gold bugs kept the faith -- even when prices stayed under $500 for nearly 25 years after their 1981 peak.
as his first name (hence, an unknown middle name) and whom Jan refers to when answering a particular question from a library patron (The Gold Bug Variations.
This is reasonable since the skin depth for Cu at the frequency used by the Gold Bug (19.
Steve Hall feels the gold bug like a cold clutch in his stomach every time he scratches the dirt and spots a glitter.
Given this track record, and given that Tedford is a combination economist, money-manager, gold bug and Federal Reserve Board-watcher, he's worth chatting with in an attempt to divine financial trends for 1996.
Possibly the most widely read reference to the Kidd legend in American literature is in Poe's <IR> THE GOLD BUG </IR> (1843).
Back in the days when forty-niners were miners, the gold bug drove folks mad for the motherlode.
See City in the Sea, The; Gold Bug, The; Murders in the Rue Morgue, The; Pit and the Pendulum, The;
Market strategist Dylan Grice, while at Societe Generale, calculated that a 15th-century gold bug who stored all his wealth in bullion, bequeathed it to his children and required them to do the same would have guaranteed his lineage a near-90 per cent decline in real wealth over the next 500 years.
In such a market environment, investors get "overexposed to risky assets," according to the gold bug.
The national gold bug is still anti-national to India's interests.