In this supplied scenario, a retiree moves savings into long-term US Treasuries, receives every promised payment, and still loses 90% of purchasing power when measured in gold.
The −90% figure reproduces the premise in the supplied graphic: long-term US Treasuries purchased in 2014 and measured in gold. Exact results vary with the bond, coupon treatment, reinvestment assumptions, purchase date, and gold price. Educational information, not financial advice.
