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
Let’s celebrate today’s Summer Solstice (02:42 GMT) with the first sentence from The Federal Open Market Committee’s Policy Statement dated this past Wednesday, 18 June: “Although swings in net exports have affected the data, recent...
Gold’s (yes still) ongoing weekly parabolic Short trend was initially triggered on Monday, 12 May upon price trading down through 3243 (at 07:23 GMT). ‘Twas confirmed by that week’s end, price opening on Monday, 19 May at 3220. Since...
We simply must start with the spotlight on Silver: Sweet Sister Silver! As if shot out of a cannon this past Monday, Silver swiftly soared, by Wednesday reaching 36.27 — a level not having traded in better than 13 years (since 29...
Is Gold in a weekly parabolic Short trend? Yes. Indeed, have four of the past six weeks been net down for Gold? Yes. Including this last one? Yes. Even with +27 points of fresh August premium just added to present price? Yes.
Assuming one is a Gold Bull, this past week was as good as it gets after having commenced a new parabolic Short trend: instead of declining, Gold posted a weekly gain of +4.8% (+152 points) in settling yesterday (Friday) at 3358, an All-...
Gold’s weekly parabolic trend provisionally flipped from Long-to-Short, and was so confirmed by the week’s settle yesterday (Friday) at 3205, a full -305 points (-8.7%) below price’s All-Time High of 3510 set this past 22 April, a mere 18...
Our missive’s title is ever so suitable for parsing… So let’s go! Part Un: “Gold Regains Ground” for indeed it did in settling yesterday (Friday) at 3329 for a net weekly rise of +82 points (+2.5%). Heaven forbid price instead have...
Apropos of this missive’s title — and with the year’s first quadrimester (plus two May trading days) already in the books — let’s start with another of our infamous Gold Quizzes. Ready? In settling yesterday, (Friday) at 3247, Gold...
Remember this ol’ tagline from the ’70s? “When E.F. Hutton talks, people listen!” Fast-forward to today and ’tis “When Goldman talks, people pile on!” For the Morgans et alia, too, the same holds true.
…does it not stand to reason that “Everybody’s” selling Gold? After all, for every ounce bought, it must be sold to the buyer, non? ‘Tis merely the agreed-upon hitting of available bids and offers that makes the price change.
