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

Gold's settling yesterday (Friday) at 1802 puts price within 100 points of the All-Time Closing High of 1900 as established back on 22 August 2011. As fervour builds to break that record, 'tis a good time toward maintaining perspective for...
Gold at long (unthinkably) last has taken The Northern Front (1750-1800), reaching the Big Round Number this past Tuesday (30 June) at precisely 07:52:16 Pacific Daylight Time, furthering the upward glide to as high as 1807 come Wednesday...
Fierce indeed and nearly with success, which we think ought swiftly be in the balance as Gold this past week traded to as high as 1796, leaving just four final points to finally taking The Northern Front (1750-1800), price settling out the...
As the Earth today orbits through its solstice, we find Gold for the sixth time in the last 11 weeks sticking its toe a bit into The Northern Front (1750-1800). Perhaps more positively, 'tis but the second instance that Gold has closed any...
The track of Gold's weekly closes in the above Scoreboard tells quite the tale of the tape: that Gold thus far this year has been unfit to defeat the overhead resistance forces of The Northern Front (1750-1800).
Last Monday's mail bag brought with it the following question from an esteemed member of our Investors Roundtable with respect to Gold, especially given the recent leveraged strength amongst leading precious metals equities as we'd...
Gold just wrapped up its fifth trading month of 2020 in settling yesterday (Friday) at 1743, which by the "incoming" premium-heavy August contract was a weekly loss of 11 points and by the "outgoing" June contract was a loss of 4 points.
Oh say it ain't so, but is COVID already baked into the price of Gold? "Preposterous!" you say, as do we. Just look above right at the U.S. Dollar's debasement spree, the Gold line running a far distant second in trying to catch up to the...
So much for "Gold's Near-Term Trend Turns Negative", the title of last week's missive, proving once again that price moves ahead of that which technical analysis later behooves. Below in the left-hand panel across Gold's last 21 trading...
Not that this week's title came without warning per this end-of-day table presented in The Gold Update three weeks ago, Gold having closed back then on 17 April per the red box at 1695.
Palladium, platinum and silver are the most common substitutes for gold that closely retain its desired properties.

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