Gold bow
The term Goldbug (English bug gold for "Gold Bug") describes investors , the gold and buy to a long-term bull market speculation. Sometimes the word pejorative is used.
history
The name was popularized during the presidential election in 1896, when supporters of William McKinley bought gold in various forms, demonstrating support for gold.
Possibly the word was originally mentioned in Edgar Allan Poe's 1843 story entitled " The Gold Bug " over an encrypted treasure map.
Individual evidence
- ^ The Gold Bug by Edgar Allan Poe (New York, NY: Learning Corp. of America, 1979) OCLC: 14710019
- ↑ Gold Bug: Treasure Chart, Edgar A. Poe by E. Lee Spence , (Sullivan's Island, SC: E. Lee Spence, 1981) OCLC: 49829303