Mark Mead Baillie
Mark Mead Baillie Articles
'Twas almost as if listening to oneself on the radio, 'cept that 'twasn't oneself. With that tease, let's first roll back to this bit we penned last autumn when writing from across the pond at our favourite beach-side bistro. You may...
Upon there being nothing in your petrol tank, (or for you Tesla-types out there nothing in the form of ions in your anode), your vehicular conveyance stalls. As well this past week, Gold found itself fuel-less with nothing to give it go.
Now before all y'all get yer boxers in a bunch over "How can you say 'Ordinary' when the likes of Franco-Nevada gained 10.6% for January?", remember: here at The Gold Update we tell it like it is.
'Twas just one week ago wherein we bemoaned that a lifeless Gold had fallen out of bed. Today 'twould appear Gold's getting banged on the floor has brought some life back to price, and moreover, some volatility.
Opening note: with respect to the above Gold Scoreboard we've upgraded the line colours to make them more visibly distinct, the thrust of the overall picture rather cynically showing us that Gold's price these past few years hasn't...
Nearly five years ago came our 24 May 2014 piece entitled "Gold in Neverland" wherein we bemoaned that for "...26 of the last 28 trading days (better than a month), Gold has traded in the 1290s...", its never having been able to materially...
In a nutshell for those of you who've been gallivanting about in mirthful holiday mode, we concluded that since gold hadn't altered any of its overhead pricing structure in not having traded far enough upward as to so do, nothing has thus...
Oh were 2019 in this missive's title the forecast price rather than the year. Yet per the above Gold Scoreboard, a price of 2019—and well beyond given our currency debasement price alone of 2854—must inevitably in the cards once Gold plays...
A little holiday cheer there, emphasis on the word little. For in settling out the week yesterday (Friday) at 1259, 'tis a price hardly about which to be excited, the big reason being the above Gold Scoreboard's valuation level of 2857....
Gold: Ever since finding its way back up and nestling into The Box (1240-1280) these past two weeks, Gold's "rally" (schmoozing it as such) looks to have run out of puff, the tempting safety and serenity of The Box offering a place to pack...
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