Gold versus Oil Chart/Data update!

July 11, 2008 by A.B. Dada  
Filed under Finances, Gold Investment, Oil Report, Updates




Chicago, IL
By A.B. Dada

It’s been 6 months since I updated the Gold versus Oil Chart and Data spreadsheet. I am going back to it now and will start posting the old charts daily, because of heavy demand. I didn’t realize people liked them so much.

The spreadsheet is publicly available on Google Docs by visiting this link.  I will have all the data through the current week finished this weekend, but I truly hope I can get some volunteers to assist entering data going back to all of history.  There is no decent online source for this comparison data, so if you’d like to put in 15 minutes a week (enough to enter in 3-4 months of data for every category), drop me an email.

If you’re not familiar with the charts I provide, I provide them in a way that is completely different from any other site online.  Here is a view of the last chart I added, dated 11/06/06 (yes, 1.5 years ago):

Gold versus Silver versus Oil

How is my chart different?  Instead of showing costs in a useless fashion, I show all costs based on a moving ratio to gold’s current price.  Why is this important?  It shows fluctuations of the other commodities’ prices based on gold’s movement.  I also show a barrel of goods price with the same averaged fluctuation.

I feel this provision is better for analyzing prices based SOLELY on market trading (ignoring supply and demand factors).  For those of us who believe that the dollar’s fall is the primary reason for commodity price increases, this chart gives you a glimpse into that reality.  When prices rise and fall together, they can often times be related directly to the fall in the dollar’s value.  When prices rise and fall separately, they can often be related directly to supply/demand issues, and somewhat on speculation.

If you’re interested in helping out, drop that email.  It’s not a huge investment of your time, but it will create a wonderful resource for others to share.

Some sites that are coming soon to the Global Unanimocracy Network:

The Dollar Bubble Blog

Taser News (reborn)

The Pension Bubble Blog

We’re also looking for co-bloggers to add some articles on a weekly basis.  If you’re interested in writing 2-3 articles per week for a small salary, you can email me at the same address above.  Topics vary across the entire spectrum of the Global Unanimocracy Network.

Related posts:

  1. Buying Power of Gold versus Barrel of Goods chart
  2. Updated Barrel of Goods versus Gold chart
  3. Gold versus Barrel of Goods Chart, November 6, 2006
  4. Gold and the Commercial Paper Market
  5. Housing Bubble News, May 30, 2006
  6. G.U.N. Gold Financial Recap, January 14, 2009
  7. Gold Market Recap and News May 3, 2006
  8. Silver ETF warnings and the Gold Market Recap (April 5, 2006)
  9. Gold Market Recap, May 26, 2006
  10. G.U.N. Gold Financial Recap, January 6, 2009

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