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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

We penned in our prior missive that: "...Gold in the technical vacuum is quite stretched to the upside..." Indeed no sooner was that written then did Gold's weekly parabolic Long trend finally come to its end. Below, per the rightmost red...
Gold having completed its usual geo-political spike and fade finds its trade now more regularly played. The expected daily trading range (EDTR) is swiftly dropping from a war-high of nearly 50 points now to sub-40, and shall further shrink...
Near-term negatives notwithstanding, 'tis fair to finally say that Gold's geo-political spike and anticipated fade have played. Courtesy of the "Turn off the TV and Look at the Data Dept." we'll start with the below year-to-date chart.
Barring your having been cave-bound in recent weeks, you well know our guardedness about Gold's recent geo-politically-driven rise as to its being suspect to demise given such historical wont.
We're wrong to this point as regards the price of Gold fading after spiking on RUS' invasion of UKR. Which starkly tells us how serious this incursion is versus that from eight years back in 2014.
Recall prior to what now sadly is occurring, we were seeking (given Gold's "terrible technicals") a modest down run from January's closing Gold price of 1798 toward the 1754 area.
Query: Were we not having the "on again off again" RUS/UKR skirmish -- (the StateSide President having just tactfully stated the invasion "will" occur) -- where would Gold be priced today? To be sure, it settled both yesterday as well as...
Not to be taken lightly a wit what's going on with the Russia/Ukraine strain. For as the StateSide President sagaciously stated yesterday (Friday): "things could go crazy quickly" in urging U.S. citizens to vacate the premises. To which...
On the heel's of last week's piece "Gold's Technicals Look Terrible", such condition essentially remains the case, be it by various classically-accepted technical studies on any of Gold's daily, weekly or monthly measurings. (Again as...
"We begin this evening with Breaking News: the U.S. Money Supply has just crossed the $22 Trillion level, its pace these last two years increasing by $1 Trillion every four months, or some $8.6 Billion per day. {You should think about that...

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