Jim H
By Jim H on Thu, Jan 23, 2014 - 12:00am

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.