gold buggold bug
Informal one who buys, or advocates buying, gold as protection against an anticipated collapse in the value of currency, stocks, etc.
Origin of gold bugsee bug (noun)
- Any of several North American beetles, especially Charidotella sexpunctata, having a golden metallic luster. Also called gold beetle .
- A supporter of the gold standard.
- A speculator in or a purchaser of gold.
(plural gold bugs)
- (finance) A person with a particularly great enthusiasm for investing in gold (the metal), an enthusiasm which to others is likely to seem excessive, especially if gold prices are stagnant or falling.