What it is:
Gold bugs are people who are fans of investing in gold.
How it works (Example):
Why it Matters:
Throughout history, gold has traditionally risen in value when things like wars, the Greatinflation have occurred. For example, from 1970 to 1975, the price of gold rose 375% as the Consumer Price Index (CPI) posted double-digit increases. When Standard & Poor's (S&P) downgraded U.S. Treasury debt in 2011, gold reached record highs in response. It is important to note, however, that gold prices can be volatile, leading some analysts to question the psychological hold gold has over some gold bugs., or high