Mark Mead Baillie

Articles by Mark Mead Baillie

As we put fingers to keys here in pre-dawn San Francisco, 'tis but some 10 hours since the US/UK/France surgically precise strike on chemical facilities in Syria. To what extent there is a Russia et alia response remains in the balance....
As depicted above in the Scoreboard through these first 14 weeks of 2018, gold's weekly closes have been tightly arrayed between 1314 and 1349. That's all: a range of 35 points, (or +2.7% from low-to-high). Thus price sits tight despite so...
Long-time readers of The Gold Update know that our microphones are just about everywhere as we return to those placed inside the Salzburg clinical offices of esteemed analyst in the psychosis of precious metals, Dr. Youara Nichtsogut...
In looking back a week ago to "Gold's Narrow Trade; Beware a Cascade", price's since breaking away from such narrow trading range did come true -- right on cue -- and up price flew. As if 'twas foretold by the Sibyl, here's our updated...
You know the expression: "Get in, strap down, shut up, hang on!" For the agonizing narrow road upon which Gold has been slowly trudging these recent weeks is due to suddenly widen into a superhighway. And there's no week like this new week...
Gold's change for the week just past? A zip-zero-nada bona fide nuthin' burger. Well, ok, it did sport a net gain for the week of 30¢ having settled the prior Friday at 1323.7 and now yesterday at 1324.0. En route, price made both a "...
Two trading months plus two days of 2018 already GONE! Yet across the US and 'round into Europe it hardly feels like Spring is about to do so a wit: "snowing here" says a text from the small Mediterranean fishing village of Monaco: put...
Let's start with this "Think Quick!" hit: Gold's price direction always moves opposite to that of the Dollar. If you said "Wrong!" you're right. But you might be surprised just how often they actually move in the same direction: for the...
Such a high hurdle indeed: Base Camp 1377. For as we stated a week ago, each time gold as if a magnet pulls in the prices of the 1360s, 'tis is repelled by the pushing forces emanating down from the opposing iconic magnet at 1377,...
Such a fun month is February! One strives to regain liquidity following December's holidays and January's quarterly tax payments. And who doesn't love Valentine's Day? Financially, February is not a month over which there is much fuss. For...

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Gold was first discovered in U.S. at the Reed farm in North Carolina in 1799, a 17-pound nugget.