Jim H
By Jim H on Wed, Jan 22, 2014 - 11:00pm

Don't a Paper Bug be

I would suspect that blind confidence in paper money has wrecked many a life over history.  Gold, held physically, while it has had it's ups and downs, has almost never done so.  When I read commentators call folks, "Goldbugs" in sarcastic tones, what they usually don't realize is this;  They are, in the process, defining themselves as a paper bugs.