Gold Bug

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Dictionary Says

Definition of 'Gold Bug'

An individual 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 he or she perceives as financial security in the event of a currency devaluation, and often also believes that the price of gold will continue to rise in the future.

The term also refers to analysts who consistently recommend gold buys.

Investopedia Says

Investopedia explains 'Gold Bug'

Gold bugs view gold as a safe investment that will protect them from currency fluctuations or downturns in the financial markets. Although gold is widely known as a standard of value, its price - like that of any other precious metal or commodity - fluctuates widely. For example, the price of gold declined from more than $800 per ounce in the 1980s to less than $350 per ounce in the 1990s. This is a point frequently brought up by critics, who view gold as a standard of wealth from the past.

However, while there is no consensus, the market does continue to view gold as the traditional "safe harbor" during times of economic crisis. For example, following September 11, 2001, gold prices saw sharp increases as investors sold what they believed were riskier assets.

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Search results for

'Gold Bug'

  • A Bold Prediction From A Big Gold Bug

    http://stocks.investopedia.com/stock-analysis/2012/A-Bold-Prediction-From-A-Big-Gold-Bug-GG-UXG-RBY-GDXJ0106.aspx
    ... A Bold Prediction From A Big Gold Bug. ... His latest predictions for precious
    metals prices are enough to make any gold bug excited. ...

  • A Gold Bug's ETF Plays

    http://stocks.investopedia.com/stock-analysis/2010/A-Gold-Bugs-ETF-Plays-GLD-GLL-GDX1101.aspx
    ... Article; Comments (0). A Gold Bug's ETF Plays. Posted:
    Nov 01, 2010 16:02 PM by Tim Parker. ...

  • 2010: The Year Of The Gold Bug

    http://stocks.investopedia.com/stock-analysis/2010/Dec-2010-Was-A-Year-For-Gold-Bugs-GLD-AU-GG-KGC-KGN-ABX1211.aspx
    ... 2010: The Year Of The Gold Bug. ... As such, the New Year may yet prove to be
    another golden year. (For more, see A Gold Bug's ETF Play.). ...

  • A Holistic Approach To Trading Gold

    http://www.investopedia.com/articles/trading/07/gold-trading.asp
    ... Figure 1. The challenge for the short-term trader as well as the buy-and-hold gold
    bug, is finding tools to help determine when to buy and sell. ...

  • What Drives The Price Of Gold? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0311/What-Drives-The-Price-Of-Gold.aspx
    ... The Gold Prospectors Association of America, a group that caters to recreational
    miners, saw membership nearly double in 2008 as the gold bug spreads. ...

  • How To Play $3,000 Gold

    http://stocks.investopedia.com/stock-analysis/2011/How-To-Play-3000-Gold-TGLDX-GLD-GG-NEM-ABX-FCX-SGOL1121.aspx
    ... since its inception in 1998. Hathaway's latest missive on where gold prices
    could hit in 2012 is enough to make any gold bug happy. ...

  • A Look Back On Gold

    http://stocks.investopedia.com/stock-analysis/2009/A-Look-Back-On-Gold-GLD-AU-KGC-ABX1228.aspx
    ... Imitating the Chinese, next year may be the "year of the gold bug." (Learn more
    about investing in gold at The Midas Touch For Gold Investors.) Use the ...

  • Getting Into The Gold Market

    http://www.investopedia.com/articles/basics/08/gold-strategies.asp
    Getting Into The Gold Market. ... From ancient civilizations through the modern
    era, gold has been the world's currency of choice. Today ...

  • 5 Precious Metals Stocks You 'Beta' Avoid

    http://stocks.investopedia.com/stock-analysis/2010/5-Precious-Metals-Stocks-You-Beta-Avoid-HL-CDE-GDXJ-SWC-SSRI0121.aspx
    ... Though the gold bug investment crowd would lynch anyone who said so, it appears
    the tide may have turned in precious metals - at least for the intermediate term ...

  • Copper Developments Continued To Heat Up In 2010

    http://stocks.investopedia.com/stock-analysis/2010/Dec-Copper-Developments-Continued-To-Heat-Up-In-2010-FCX-NEM-GLD-SLV-IYM-JPM-SCCO1219.aspx
    ... That's good news for those who want to own copper itself and not a bunch of
    stocks. (For more, see A Gold Bug's ETF Plays.). Outperforms ...

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