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
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:
Yes, the only difference in this week’s title from that of two missives ago is “??” having been replaced with “!!“. To wit, we begin with a hat-tip to the Federal Reserve Bank of St. Louis — which this past Tuesday — released their monthly...
‘Tis the Northern Hemisphere’s final day of spring: a season of Gold price reclusion and overall markets’ confusion, further festooned with Fed follies, war worries, and ever-sustained super-inflated S&P 500 insanities.
Within Gold’s ongoing negative trend, be it by near-to-medium-term linear regression or by our weekly parabolics et alia, price this past Wednesday at 23:14 GMT posted a year-to-date low of 4046. At that instant, ’twas a net change in...
Let’s get to Gold, the price track for which since the All-Time-High (5586 on 29 January) remains net-negative on both a medium-term basis as well as near-term. In settling this past week yesterday (Friday) at 4354, Gold recorded its fifth...
Gyrating Gold abounds! Through the completion of May’s 20 trading days, Gold (per its August contract) has chronologically gone up to 4708, down to 4546, up to 4810, down to 4681, up to 4769, down to 4488, up to 4616, down to 4396, price...
98 trading days are thus far in the book for Gold during 2026, within which there’ve been five more up days than down days. Not as positively skewed as one might think. But in settling yesterday (Friday) at 4511, Gold year-to-date is +4....
“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.
