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
This past Wednesday whilst many a StateSider were preoccupied toward getting from home base to grandma's place, or worse, under the stress and duress of hosting Thanksgiving in full finesse, one might have missed Gold instantly regress...
Following their prior robust trading week (07-11 November) wherein Gold gained +5.3% across a 109-point trading range and Silver +4.2% in spanning 1.70 points, the precious metals this past week went from molten to frozen.
In respectfully gleaning from said genetic phrase, we query: might one classify Gold's sevenday +158-point move from the 03 November low of 1618 to the high yesterday of 1776 as "biblical"? Perhaps a bit of a stretch that ... but it wasn't...
How refreshing 'tis to see Gold gain some attention! In settling out the week yesterday (Friday) at 1686, 'twas Gold's fourth-largest contract volume day in nearly four months -- and moreover for the week -- the largest contract volume...
Given so much going on within the monetary/financial chaos out there, (and it being -- save for one trading day -- our graphically-rich, month-end edition of The Gold Update), 'tis efficiently sufficient to lead with another installment of...
Long-time readers of The Gold Update may remember this quip per a metro station billboard: "A Lot Can Happen Between 9 and 5" --[The San Francisco Examiner, circa 1980s]. And 'tis perfectly apropos to that which was written in Friday's...
In settling out the week (Friday) at 1650, Gold recorded its lowest weekly close of the past four. And within the guise of the ongoing weekly parabolic Short trend (as we below see), let's recall what herein was penned four weeks ago upon...
Gold garnered a +2.0% net gain for the week in scrabbling back over 1700 to settle yesterday (Friday) at 1702. Indeed intra-week from low-to-high, Gold gained as much as +4.3% for the first two days, only to halve that in posting net...
With Q3 officially in the books, and as mused these last two weeks, we've now beached our Gold forecast high for this year of 2254, just as we did a year ago at this time for the even higher level of 2401.
In leading directly to Gold’s weekly bars, we begin with this timely quip: "It don't do for a man to tempt providence too often." --[John Kitzmiller as Quarrel, "Dr. No", Eon Productions 1962]...
