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
In starting with the above Gold Scoreboard, price settling out the week yesterday (Friday) at 1515 finds it back below our achieved "aggressive" forecast high of 1526 for this year. Still, with nearly four months and Federal Reserve Open...
Now just stay calm out there despite our starting with the following table which is internally-generated at the close of each trading day:
There's something about Tuesdays. Twelve Tuesdays ago, Gold was trading in the 1200s: 'twas late May. Eight Tuesdays ago whilst quietly ensconced pre-dawn inside L'Aéroport Nice Côte d'Azur's Terminal II, we penned on the website's daily...
Just 10 weeks ago Gold was trading in the 1200s. Now 'tis trading in the 1500s. It can go quickly, (as you've so herein read these many years).
If as a trader you found this past week to be boring, then 'tis time to hang it up there, Bunky. Or if on the other hand you suffered from an overdose of analysis paralysis, then hey, we just entered the Dog Days of August: nuthin's gonna...
Per last week's missive, "Silver, Baby!" clearly has been the precious metals story since mid-month. But with the white metal having slowed her week's acceleration to just a +1.1% gain versus that of +6.5% the week prior, we skew our...
Now don't take that title too negatively: 'tis nothing short of marvelous to finally find Gold well up and away from The Box (1280-1240) which had been its centerpiece trading area for the last six years, let alone just four weeks ago...
Greetings this time 'round from Squaw Valley, where -- as has Gold piled onto price throughout these past seven weeks -- the snow depth for skiing still is piled seven feet high at the 8,200-foot (2,500-metre) level. Skiing in July? Get it...
Two weeks ago Gold ~finally~ surpassed the long-sought level of Base Camp 1377: check off that milestone box! Then during this past week, Gold met (per the above opening Scoreboard) our "conservative" forecast high for this year of 1434:...
Welcome to The Gold Update No. 501 ... and one we've been anticipating given what Gold has just done.
