Mark Mead Baillie

Market Analyst & Author

Mark Mead Baillie

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 time is at a bit of a premium for penning this week's missive, (even as Gold is priced at a massive discount by valuation), let's jump right in. The macro question at large we oft receive is: "How come Gold isn't much higher with all...
Let's start with October's Consumer Price Index (CPI) as reported by the U.S. Bureau of Labor Statistics: its excitedly-disseminated reading was +0.9% (which annualized is a whopping +10.8%). "Oh, 'tis the worst in 30 years!", they say. "...
Gold, after 18 weeks of being stuck in a maniacal Short trend without price really going anywhere, FINALLY broke the bonds of the M word crowd by flipping to Long -- but not without a mid-week scare: more later on that affair.
Let's start with Scary, (apropos of Halloween): Thursday brought us our first peek at StateSide annualized Gross Domestic Product "growth" for Q3: 2.0%.
Yesterday (Friday) it looked for all the world that Gold finally was getting some material upside grip, that finally the weekly parabolic Short trend was about to flip Long, that finally the M word crowd were "takin' it in the Shorts" (a...
Nothing like living the prior week all over again, eh? First it was the lousy StateSide September payrolls number as we nauseatingly documented a week ago. Thus as you already know, that report rightly yanked Gold up some +20 points in...
Yesterday's (Friday's) release of the stunningly weak StateSide September payrolls data momentarily towed Gold off the mat, (emphasis on "momentarily"). Here's how it looked, price pre-report at 1763 before swiftly climbing to 1782 -- a 13...
Just as President Nixon nixed the Gold Standard back in '71, so too are we nixing for this year our Gold forecast high of 2401. We are wrong and not even close. Period.
Let's start with a show of hands. Ready? How many of you after reading last Wednesday's Policy Statement as issued by the Federal Open Market Committee basically sensed that all they did was change the date from 28 July to 22 September?...
As penned in last week's piece: "...Now we hesitate to say -- in near-term context only -- that 'tis 'Game Over' in just a wee sense for Gold..."
The first use of gold as money occurred around 700 B.C., when Lydian merchants (western Turkey) produced the first coins

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