The proportion of U.S. gold reserves relative to federal debt has fallen to a historic low of 3%
Svmuu News The Kobeissi Letter posted on X, stating that the proportion of U.S. gold reserves relative to government debt is at a historic low. Currently, gold reserves account for only 3% of U.S. federal debt, one of the lowest levels on record. Despite the U.S. holding 8,133.5 metric tons of gold, the largest reserve globally, and gold prices rising to historic highs, this ratio remains low. In comparison, the ratio was about 18% in 1980, six times the current level. To reach the 1980 reserve level, gold prices would need to rise by 400%, reaching $26,000 per ounce. In the 1940s, gold reserves accounted for over 50% of federal debt. To match the 1940s ratio, gold prices would need to rise by 1,340%, reaching approximately $75,000 per ounce. The gold reserve data highlights the growth in the scale of U.S. debt.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
What Is POLA? Background and Investment Risk Analysis of the Pola On Base Project
-
2
Iran-linked exchange Shelbit allegedly sent $676 million to Binance in sanctions-evasion operation, Reuters reports
-
3
Analysis Compares Healthcare ETFs: Invesco Nasdaq Biotech ETF (IBBQ) Saw 45.5% One-Year Return, Outperforming State Street Healthcare Select Sector SPDR ETF (XLV)
-
4
Claiming Social Security benefits at age 62 instead of 67 can reduce monthly payments by 30%, potentially costing average retirees $150,000 over 20 years.
-
5
What Is DuckChain (DUCK)? An Analysis of Its Future Prospects
-
6
Flow (FLOW) Blockchain: A Layer-1 Platform Empowering NFTs, Gaming, and AI
-
7
Analysis of CSPR Token Value: The Positioning, Technology, and Market Performance of the Casper Blockchain
-
8
BSV Price Trends and Future Outlook: Bitcoin—Can SV Return to the Mainstream?
-
9
Analysis: Roundhill N-100 0DTE Covered Call ETF (QDTE) Payouts May Include Return of Capital, Trailing Nasdaq-100 Performance
-
10
Sanctioned Russian Ship "Mikhail Britnev" Reportedly Delivered Military Vehicles to Mali, Defying US Sanctions
Markets Today
Recommended Reading







