Dictionary : Gold Bug

A person who is bullish on gold. Gold bugs believe that gold is still a stable source of wealth like it was during the years of the gold standard international currency system. A gold bug invests in gold for (what they perceive) as financial security in the event of a currency devaluation, and often also believe that the price of gold will continue to rise in the future. The term also refers to analysts who consistently recommend gold buys.


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