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PE3: Linear trendline on gold price (I) - Publication Date |
- Jan 11, 2023
- Episode Duration |
- 00:23:43
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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
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Show content is not investment or financial advice in any way.
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