gold bug
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English
[edit]
Alternative forms
[edit]Noun
[edit]- (informal, finance) A person with a particularly great enthusiasm for investing in gold (the metal).
- The swing in equities scared him so much that he became a gold bug for a while.
- 2022 January 28, Paul Krugman, “How Crypto Became the New Subprime”, in The New York Times[1], →ISSN:
- Still, crypto has been effectively marketed: It manages both to seem futuristic and to appeal to old-style goldbug fears that the government will inflate away your savings, and huge past gains have drawn in investors worried about missing out.
- (informal, economics) A person who is opposed to fiat currency and supports a return to the gold standard.
- The swing in inflation scared him so much that he became a gold bug for a while.
- (informal) A person who collects gold items.
- If you see the decorating style in his living room, you'll know that he's a gold bug.
- (informal) A particularly great enthusiasm for gold — whether as an investment, a hoard, a collectible, or otherwise — portrayed figuratively as an arthropod that bites people and infects them, causing a mental illness.
- bitten by the gold bug
- He was bitten by the gold bug a long time ago, and some of the venom is still in his veins.