goldbug

noun
gold·​bug | \ ˈgōl(d)-ˌbəg How to pronounce goldbug (audio) \

Definition of goldbug

1 : a supporter of the gold standard
2 : a person who invests in or hoards gold

Examples of goldbug in a Sentence

Recent Examples on the Web Peter Schiff, a goldbug investor and CEO of Euro Pacific Capital, disagrees with any comparison of Bitcoin to his beloved bullion. Robert Hackett, Fortune, "If Bitcoin is a ‘safe haven’ why does it tank in times of trouble?," 16 Mar. 2020 Paul subsequently spent most of his career as a vocal but lonely goldbug in Congress. Gwynn Guilford, Quartz, "The quiet campaign to reinstate the gold standard is getting louder," 3 July 2019 Where mainstream economists see constraint, goldbugs see discipline—a government that cannot spend beyond its means—and a hedge against corruption. Gwynn Guilford, Quartz, "The quiet campaign to reinstate the gold standard is getting louder," 3 July 2019 Ever since the world left the gold standard, a die-hard band of goldbugs has demanded the U.S. return. Greg Ip, WSJ, "Judy Shelton, a Goldbug Who Bends to Fit Trump," 4 July 2019 First, goldbugs want a hedge against an economic catastrophe or inflation. Derek Thompson, The Atlantic, "Is Bitcoin the Most Obvious Bubble Ever?," 9 Dec. 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'goldbug.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of goldbug

1872, in the meaning defined at sense 1

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The first known use of goldbug was in 1872

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Cite this Entry

“Goldbug.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/goldbug. Accessed 30 May. 2020.

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