Mark Mead Baillie

Articles by Mark Mead Baillie

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...
'Tis a dubious title, to be sure, Gold's having been up as much as +29.9% year-to-date, but per yesterday's (Friday's) settle at 1135, now up only +7.0% in 2016. Justifiably, a more descriptive title ought be "Gold Four Sessions Away from...
That over which we warranted concern some three missives ago is playing out for gold per this quote from our post-Thanksgiving piece: "...when gold's been sub-1199 during 2016, there's really not been any material [support] following...
Again, we hark back to the great Welsh football commentator Toby Charles, who in describing match-turning chaos and then running out of superlatives, would exclaim: "Ohhh, 'tis all happening there!"

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China is the world’s biggest gold producer with more than 355 tons annually. Australia is second.