first majestic silver

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 goes Gold's woes, again Bill Shakespeare (significantly paraphrased) comes  to mind, circa 1600:  "...To test the low, or not to test the low? That is the question. Whether 'tis nobler that Gold suffer the slings and arrows by...
Asleep indeed is our once mighty Gold. Fortunately, when there's not a lot to  say, we can always look at pretty pictures, for each is worth a thousand words,  (if not in due course thousands to one's wealth). To wit: 
We start edition No. 666 (get a grip) with this Shirelles '61 hit: "Mama said there'll be days like this..." --[Dixon/Denson]. And indeed, oh woe is our Gold!
One of the great cash management challenges in this business of engaging in the world's most important financial markets, (our BEGOS bunch being the Bond, Euro, Gold, Oil and S&P 500), is the immediacy of their being affected by...
After 18 rather ingloriously agonizing weeks of Gold's "parabolic trend" being Short, it has at long last finally flipped to, well, Long. "A little drum-roll please, have a cigar, and nice to see you again sometime!"
First we start with our title's last word: "recession". If you do the math and/or are a regular reader of The Gold Update, you well-understand that the U.S. Gross Domestic Product ex-inflation just recorded its fourth consecutive quarter...
First the "Bad" bit, (which you regular Gold followers just well-witnessed): price on Thursday (21 July) traded down to its year-to-date low of 1678, a level up to which Gold first traded on 04 August 2011, the StateSide Money Supply ("M2...
Since the commencement of the 21st Century (1,123 weeks ago), Gold -- including this current stint --has recorded five consecutive down weeks on ten occasions, five of which were extended to six consecutive down weeks, and in turn from...
Bye-bye 1854-1779 support. Whilst it lasted, 'twas a beautiful thing. But as they say in NASCAR upon a car's engine all going wrong: "It done blowed up!" (Or in this case down). Here's our depiction in the chart of Gold by the day so far...
'Twas but a mere three weekly missives ago that we penned Gold (then 1875) as being poised to reclaim 1900 by the Fourth of July, en route more broadly to 2000. "Wrong!"

The periodic symbol for gold is AU which come from the Latin for gold aurum.

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