assets · sound money ratio
nasdaq 100 priced in gold
current spot ratio
67.7646
denominated in gold oz
1-day change
-1.70%
30-day change
+3.82%
30-day range
65.7117 - 71.1595
sound money analysis & perspective
technology and growth equities denominated in gold ounces. useful for separating genuine productivity gains from liquidity-driven multiple expansion. when the nasdaq rises in dollars but falls in gold, growth narrative is being financed by monetary dilution rather than cash-flow compounding. this chart is unique because it strips the dollar out of the growth story: it shows whether tech wealth is accumulating in hard-money terms or floating on credit. no cpi-deflated nasdaq series replaces a direct gold ratio, because cpi lags, is revised, and omits monetary asset inflation.