Thursday, 3 October 2013


Today's word: GOLD BUG
Theme for this fortnight: FUTURES

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.


Post a Comment