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gold bug

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.06 sec.
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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Rising fiscal deficits, mushrooming money supply, a return to 1970s-era inflation - that's a recipe for gold to keep notching new record highs, even doubling in value, say the new gold bugs.
United States : Gold Fears Hinge On Unfettered Fed, US Spending by TendersInfo
It shows gold is moving back into the mainstream, having spent two decades in the arena of cranks and gold bugs.
Harrods adds gold bars to its luxurious image by Staff / AP News
With the ongoing financial crisis, the demand for gold bullion coins is rocketing to new heights Initially, gold bullion coins were mostly bought by collectors or gold bugs, but the current worries over the stability of the banking sector and an expected increase in inflation has encouraged regular retail investors to buy gold coins as a means of investment and security to protect their assets
Rise in Gold Causes Massive Shortages by Luis Ovalle / Finance and Investment community
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