#9 Power 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 ninth 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>00:55 Four basic trendlines</p> <p>01:17 Power regression formula</p> <p>02:37 Diagram power trendline linear scale</p> <p>04:01 Power regression trendline</p> <p>06:24 Mean</p> <p>08:49 R-squared (70%)</p> <p>09:48 Predictive trend</p> <p>11:20 Final summary of all four trends for gold!</p> <p><br></p> <p>Here we run and explain a power trendline over the last 50+ years of gold price data.</p> <p><br></p> <p>Coefficients:</p> <p>y = a * x ^ b</p> <p>y = y-intercept * x ^ slope</p> <p>y = 9.76 * x ^ 71%</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>