Crypto Voices

PE70: Does gold have a TREND?

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, coveri...

2023-05-18

Episode notes

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.