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
“The trend is your friend.” ‘Tis a time-honoured truism of liquid markets. And as has basically been the case for these past two months — after Gold in mid-winter flirted about in the 5000s — its “trend” on balance has been down.
The lower Gold levels we’d anticipated two weeks ago (price having dropped from our 25 April penning at 4725 by as much as -4.6% to 4510 this past Monday) clearly panned out.
‘Course, Gold’s year-to-date gain was already gone back on 23 March, only to have in part recovered. But: bang on cue following last week’s piece “Likely Lower Levels for the Precious Metals“, both Gold and Silver began this past week...
This past Wednesday, our deMeadville analytics produced a near-term “sell signal” for Gold. This past Thursday, our deMeadville analytics produced a near-term “sell signal” for Silver.
With Gold having settled its week yesterday (Friday) at 4849, the compressing of range continues. Clearly during April, daily range has been narrowing.
With all the global uncertainty in play — from unrepayable debt and overvalued (understatement) equities, to stymied transport of the world’s economic engine (oil) and sorrowfully childish warring (“He bombed me, so I’m gonna bomb him...
One quarter (plus two days) of the 2026 trading year is in the books, replete with really record-setting Q1 volatility for Gold, price having settled its week on Thursday at 4703 as we above see.
In two trading-days time, 2026 shall be 25% complete. And as was calculated back at New Year, our expected yearly trading range for Gold in 2026 came to 1410 points between the low and high. Or by percentage range, were the low to come...
We’ve felt a bit of a lone wolf year-to-date in duly citing Gold’s overbought state. However of late, the mighty metal’s market participants have finally been grasping Gold’s dire strait. For en route to settling the week yesterday (...
Gold just recorded a second consecutive down week for the first time since a trifecta which respectively ended this past 24 and 31 October, plus 07 November.
