#3 Linear trendline on gold price

<p>Check out show sponsor Coinkite: https://coinkite.com/</p> <p>Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/</p> <p><br></p> <p>This is the third video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.</p> <p><br></p> <p>Contents</p> <p>00:00 Intro</p> <p>00:15 Typical linear trendline</p> <p>05:15 Four basic types of trendlines</p> <p>05:50 Predictive nature of trendlines</p> <p>12:03 Linear regression line</p> <p>16:30 Mean</p> <p>19:50 R-squared (70%)</p> <p>21:47 Predictive trend</p> <p><br></p> <p>Here we run and explain a linear trendline over the last 50+ years of gold price data.</p> <p><br></p> <p>Coefficients:</p> <p>y = a + b * x</p> <p>y = y-intercept + slope * x</p> <p>y = -100 + 240% * x</p> <p><br></p> <p>https://porkopolis.io</p> <p>https://twitter.com/crypto_voices</p> <p><br></p> <p>Show content is not investment or financial advice in any way.</p>