## Making Sense of the Gold Price Using Euler.

#### Gold 1970 to 2016 Y = Ln ( Price ^2)

The following chart shows the formula : Y = Ln ( Price^N) where N = 2 note the fact that all the major changes in trend have occurred on or very close to an integer value or .5 value for the smaller changes.

What is important here is that by applying a simple formula an integer scale emerges that is clearly part of a large boundary equation for the gold market. To experiment with the original chart on the St Louis Fed server click here