macro & fiat · sound money ratio
us bonds 20+ year in gold
current spot ratio
0.0220
denominated in gold oz
1-day change
-1.48%
30-day change
+3.62%
30-day range
0.0215 - 0.0238
sound money analysis & perspective
long-duration us treasuries (tlt) priced in gold. useful for exposing the dual risk of duration and debasement: when rates rise and gold advances, long bonds can suffer severe hard-money capital loss even if coupons are paid. this chart is unique because dollar total-return bond charts hide monetary unit failure. tlt-in-gold has no substitute for underwriting long government duration as a store of value.