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Crypto Voices

PE70: Does gold have a TREND?

May 18, 2023
15:58

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/


This is the seventieth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.


Contents

00:00 Intro

00:32 Starting at bottom of bear

01:39 Exponential trends straight lines on log

02:40 2005 trendline

04:37 2012 trendline

06:07 2015 trendlines until today

10:15 Looking out to 2030

12:22 Above or below trend more often?


Here I talk about the exponential regression trendlines over gold's price from 1999. As gold is base money, like bitcoins, this video can be used to compare and contrast the supply and demand (price) trends for bitcoins we did in the last few videos. A key difference is that gold (and most markets) follow exponential trendlines, whereas the price of bitcoins follow a power trendline.


All-time trend coefficients to draw it yourself:

Power formula: y = a * EXP (b * x)

Coefficients found: y = 3.12E+02 * EXP (0.0237% * x)


Prior videos with further info:

Gold original exponential explainer: https://www.youtube.com/watch?v=oFRkS2_ylec

Gold with percentiles: https://www.youtube.com/watch?v=LTkkPpCfxWA


Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices


Show content is not investment or financial advice in any way.

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