The ratio of U.S. gold reserves to federal debt has reached a historic low, covering only 3% of the total debt, according to The Kobeissi Letter. Despite the U.S. holding the largest gold reserves globally at 8,133.5 metric tons and gold prices at historic highs, this ratio is significantly lower than past levels. In 1980, gold reserves covered approximately 18% of federal debt, and in the 1940s, they accounted for over 50%. To match the 1980 ratio, gold prices would need to increase by 400% to $26,000 per ounce. Achieving the 1940s ratio would require a 1,340% increase, pushing gold prices to about $75,000 per ounce. This data highlights the substantial growth in U.S. federal debt over the decades.