gold bug

(redirected from Gold Bugs)
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gold bug

leads to finding of Captain Kidd’s buried treasure. [Am. Lit.: Poe “The Gold Bug”]
References in periodicals archive ?
Opinion remains divided on where the yellow metal is headed next: gold bugs say that with the world (or at least the EU) going to hell in a hand basket- the legendary 'safe haven' metal is just taking a breather before its next incline.
But gold bugs kept the faith -- even when prices stayed under $500 for nearly 25 years after their 1981 peak.
Gold also continues to climb, albeit with occasional dips, thereby delighting gold bugs everywhere.
There were actual gold bugs in the thread, and they were as mystified by Loughner's ideas as anyone else.
On December 10th, 2009, with gold at $1,100 per ounce, Nouriel Roubini, professor of economics at New York University's Stern School of Business said, "all the gold bugs who say gold is going to go to $1,500, $2,000, they're just speaking nonsense.
Until then, bullion was viewed by many as a fringe holding for the rich with Swiss bank vaults or gold bugs who hoarded the metal to hedge against Apocalypse.
The gold bugs may also be eyeing the not negligible risk that the Bank of England follows the Fed.
However, a report by the National Audit Office in 2001 concluded that the auctions of the nation's gold were conducted in line with best practice at the time and that the decision taken was against "a background of a decreasing market value of gold," - an important point for any nascent gold bugs who feel gold might look like a good investment.
Last December, many gold bugs were arguing that the price was inevitably headed for $2,000.
4 percent loss being shown by the NYSE Arca Gold Bugs Index.
dollars; even the staunchest gold bugs rarely have all their money in gold.