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
As to the week just past, not much was cookin’ on the grill for Gold. ‘Twas its second consecutive down week, wherein the support structure we cited a week ago (4509-4366) was overshot, price having traded Wednesday to as low as 4329,...
Yes: following five consecutive up weeks for Gold, this past one was down, price settling yesterday (Friday) at 4504. ‘Twas Gold’s fourth-worst weekly performance (-3.4%) of the 34 full trading weeks year-to-date, yesterday alone being...
Recall from last week’s piece “Still Higher Gold Ahead” our confirmation of a new Gold weekly parabolic Long trend, price then 4432. Therein, we historically depicted the maximum percentage price increases and durations of the prior 10...
Should you regularly read the website’s daily Prescient Commentary, you already know that Gold this past week (on Monday, 10 August at precisely 18:31 GMT) provisionally eclipsed the 4434 price requisite to finally flip the seemingly...
In settling yesterday (Friday) at 4401, Gold just posted its second best of the 31 full trading weeks year-to-date: a +7.4% increase, second only to the +8.3% gain for that ending back on 23 January.
In wrapping a week ago, we wrote that we’d be on a short fuse this time ’round, even as ’tis a month-end edition of The Gold Update, (normally lengthier that the standard weekly editions). Thus time being of the essence, (and with Squire ...
Our having taken on more of a bullish bent these last few weeks, we ~finally~ can open with some pleasing news: Gold just recorded an up week.
Given the last two weeks our having become more stridently Gold bullish in seeking a near-term number of 4404. Rather, Gold continues hoping to cope with its ongoing negative downslope. Priced at 4129 per our prior penning, this past...
We commence with this week-ago sentence: “Let’s see if near-term Gold tests its mid-panel high at 4404 and that for Silver at 71.65.” Now a week on, Gold has traded no higher than 4216 before dropping to 4033 in settling yesterday (Friday...
We really like what we’re now seeing for Gold. After many-a-week of downside drudgery, ‘twould appear the yellow-metal is at least poised to make a turn back up, perhaps substantively so. More on that in a minute, but first:
