PE3: Linear trendline on gold price (I)

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