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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

Reminiscent of that classic 1970 LP "Déjà Vu" --(CSN&Y), gold these days is quietly crooning the spacey tune "... and I feeeeel like I've been ... here before..."
Our last two weekly missives have highlighted gold's being technically "high" near-term, (yet fundamentally undervalued -- understatement -- in the broadest sense). And as the above panel shows, gold remains higher than where 'twas at this...
"Thank you, Mr. President." And as for last week's 180° out-of-phase missive entitled "We See Gold Working Lower Near-Term", we need only cue the 1966 Bob Hope classic "Boy, Did I Get A Wrong Number!" For as the above panel shows, gold...
'Tis a grand old expression, what? "It feels so good to be home!" "Uhhh, mmb, what's so good about Gold being at 1243, and as you like to say, 'per the above panel', only moving around where it was at this time last year?"
The Federal Open Market Committee's policy statement released this past Wednesday, despite its confirming the raise of the FedFunds target range to 0.75%-1.00%, was couched as "dovish". We read the statement -- twice -- and didn't find...
Oh, were the price of Gold only to be rising with the local level of snow! Here in iconic Squaw Valley, wherein winter Olympians raced for the Gold back in 1960, this season's official snowfall total stands at 623" (16 metres), some 62%...
Gold has been thrice thwarted these past three weeks at the underbelly of the 1240-1280 resistance zone, coming off this last StateSide holiday with price again capsizing back down into the 1220s. But then, 'twas as if our call a week ago...
Having a week ago penned "Gold Reaches Resistance - Now What?", 'tis apt we now pen "Gold Getting Repelled by Resistance - That's What!" for 'twas the case over these past five trading days. Price made both a lower weekly high and a lower...
Sometimes we get lucky. Four weeks back when Gold's parabolic weekly trend flipped from Short to Long, we penned on 14 January "Gold Seeking 1240 on this Up Run". Done: Gold reached this past Wednesday as high as 1246 to hover up in the...
Six weeks into 2017, the above panel shows us Gold's being ahead of where 'twas over the same time frame in 2016, although the challenge of so staying appears dead ahead.

Pure gold is so soft that a strong man can squeeze it and shape it.

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