PE3: Linear trendline on gold price (I)

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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.