Gold to Oil Ratio 1948-2010

The ratio of gold to oil prices between 1946 and 2010 (as of December 7) indicates that gold has held its purchasing power vis-à-vis oil over the years. Some economists believe that the dollar to gold to oil ratios provide evidence that the dollar has lost approximately 97% of its value since 1948, and as much as 77% of its value since 2000.