Crypto Voices
Crypto Voices
Matthew Mezinskis
PE70: Does gold have a TREND?
15 minutes Posted May 18, 2023 at 12:12 pm.
Intro
Starting at bottom of bear
Exponential trends straight lines on log
2005 trendline
2012 trendline
2015 trendlines until today
Looking out to 2030
Above or below trend more often?
0:00
15:58
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Show notes
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This is the seventieth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.
Contents
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.