Mark Mead Baillie
Market Analyst & Author
Mark Mead Baillie has had an extensive business career beginning in banking and financial services for two years with Banque Nationale de Paris to corporate research for three years at Barclays Bank and then for six years as an analyst and corporate lender with Société Générale.
For the last 22 years he has expanded his financial expertise by creating his own financial services company, de Meadville International, which comprehensively follows his BEGOS complex of markets (Bond/Euro/Gold/Oil/S&P) and the trading of the futures therein. He is recognized within the financial community of demonstrating creative technical skills that surpass industry standards toward making highly informed market assessments and his work is featured in Merrill Lynch Wealth Management client presentations. He has adapted such skills into becoming the popular author each week of the prolific “The Gold Update” and is known in the financial website community as “mmb” and “deMeadville”.
Mr. Baillie holds a BS in Business from the University of Southern California and an MBA in Finance from Golden Gate University.
Mark Mead Baillie Articles
Remember this ol’ tagline from the ’70s? “When E.F. Hutton talks, people listen!” Fast-forward to today and ’tis “When Goldman talks, people pile on!” For the Morgans et alia, too, the same holds true.
…does it not stand to reason that “Everybody’s” selling Gold? After all, for every ounce bought, it must be sold to the buyer, non? ‘Tis merely the agreed-upon hitting of available bids and offers that makes the price change.
Friday at 13:33 GMT, June Gold traded at 3262. ‘Tis our forecast high for this year as selected at New Year, and completes the triad of our three Golden Goals for 2025.
Long-time readers of The Gold Update know our favourite final future headline is: “World Ends, Dow +2”, (“The Dow” of course being that Index at which our parents used to look) … except these last two days instead brought Dow -3,911 …...
Well! Can we all say “Gold 3100!” After all, why stop at 3000? For this past Thursday as Gold’s contract volume rolled from April into that for June came +29 points of fresh price premium and (per Tag Team from ’93): “Whoomp! There It...
Thus far in 2025, ’tis been the year of the Gold bid. Folks who are clueless on Gold are abashedly asking about it. “How much is it?” “How do I buy it?” “How much is in Fort Knox?” “How do I store it?” “How much is it taxed?” “How do I...
Gold settled yesterday at 2994 in reaching a new All-Time High of 3017, the Monday-Friday net gain both by points (+76) and percentage (+2.6%) being the best of the year’s 11 weeks-to-date, within which (as aforenoted) only one has been...
Whilst we’ve still our near-term negative bent for the price of Gold, nonetheless let’s reprise this from last week’s missive: “…one thing to watch is a stirring of geo-political jitters which as you regular readers know can quickly send...
Not that we’ve been rooting for Gold to fall, but it being one of the world’s most substantive liquid markets, it implicitly both rises and falls in its interactive role — that reflecting the cost of currency debasement — as one of the...
Let’s commence with another infamous Gold Update quiz! Ready? Since at least this very day a month ago (22 January), what technically until yesterday (21 February) have both Gold and the S&P 500 had in common? “They’ve been overbought...
