Mark Mead Baillie

Articles by Mark Mead Baillie

The Federal Open Market Committee's policy statement released this past Wednesday, despite its confirming the raise of the FedFunds target range to 0.75%-1.00%, was couched as "dovish". We read the statement -- twice -- and didn't find...
Oh, were the price of Gold only to be rising with the local level of snow! Here in iconic Squaw Valley, wherein winter Olympians raced for the Gold back in 1960, this season's official snowfall total stands at 623" (16 metres), some 62%...
Gold has been thrice thwarted these past three weeks at the underbelly of the 1240-1280 resistance zone, coming off this last StateSide holiday with price again capsizing back down into the 1220s. But then, 'twas as if our call a week ago...
Having a week ago penned "Gold Reaches Resistance - Now What?", 'tis apt we now pen "Gold Getting Repelled by Resistance - That's What!" for 'twas the case over these past five trading days. Price made both a lower weekly high and a lower...
Sometimes we get lucky. Four weeks back when Gold's parabolic weekly trend flipped from Short to Long, we penned on 14 January "Gold Seeking 1240 on this Up Run". Done: Gold reached this past Wednesday as high as 1246 to hover up in the...
Six weeks into 2017, the above panel shows us Gold's being ahead of where 'twas over the same time frame in 2016, although the challenge of so staying appears dead ahead.
You know the stars are brilliantly aligned when the Dow Jones Industrial Average, (aka "that index at which our parents look"), finally satiates the FinMedia's suspense by crossing the 20k level at practically the same time the so-called...
From the final week of 2016 through the first three of 2017, gold has strung together four consecutive winning weeks, the three for this year as charted in the above newly attached panel to the Gold Scoreboard. Therein, we can instantly...
As you can above see, we've added a new panel to our weekly Gold Scoreboard: "Gold by the Week" compares the price track during 2017 to that of 2016, giving us an instant year-over-year assessment as to if Gold is faring better ... or not...
'Course, a year ago, gold perfectly timed its clutch bite in getting off the line to swiftly shift up through the gearbox toward posting a net gain of 4.5% through the first four trading days of 2016; but now through the same four-day...

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India is perennially the world’s largest gold consumer.