PE9: Power trendline on gold price (VII)

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

Contents
00:00 Intro
00:55 Four basic trendlines
01:17 Power regression formula
02:37 Diagram power trendline linear scale
04:01 Power regression trendline
06:24 Mean
08:49 R-squared (70%)
09:48 Predictive trend
11:20 Final summary of all four trends for gold!

Here we run and explain a power trendline over the last 50+ years of gold price data.

Coefficients:
y = a * x ^ b
y = y-intercept * x ^ slope
y = 9.76 * x ^ 71%

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