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
Now before all y'all get yer boxers in a bunch over "How can you say 'Ordinary' when the likes of Franco-Nevada gained 10.6% for January?", remember: here at The Gold Update we tell it like it is.
'Twas just one week ago wherein we bemoaned that a lifeless Gold had fallen out of bed. Today 'twould appear Gold's getting banged on the floor has brought some life back to price, and moreover, some volatility.
Opening note: with respect to the above Gold Scoreboard we've upgraded the line colours to make them more visibly distinct, the thrust of the overall picture rather cynically showing us that Gold's price these past few years hasn't...
Nearly five years ago came our 24 May 2014 piece entitled "Gold in Neverland" wherein we bemoaned that for "...26 of the last 28 trading days (better than a month), Gold has traded in the 1290s...", its never having been able to materially...
In a nutshell for those of you who've been gallivanting about in mirthful holiday mode, we concluded that since gold hadn't altered any of its overhead pricing structure in not having traded far enough upward as to so do, nothing has thus...
Oh were 2019 in this missive's title the forecast price rather than the year. Yet per the above Gold Scoreboard, a price of 2019—and well beyond given our currency debasement price alone of 2854—must inevitably in the cards once Gold plays...
A little holiday cheer there, emphasis on the word little. For in settling out the week yesterday (Friday) at 1259, 'tis a price hardly about which to be excited, the big reason being the above Gold Scoreboard's valuation level of 2857....
Gold: Ever since finding its way back up and nestling into The Box (1240-1280) these past two weeks, Gold's "rally" (schmoozing it as such) looks to have run out of puff, the tempting safety and serenity of The Box offering a place to pack...
Let's begin with this from the "You Hoid It Here Foist Dept.", or likely so: per the above Gold Scoreboard in price settling out the week yesterday (Friday) at 1254, Gold to this point of the year is now higher than 'twas at this time in...
That blur you just saw was November. A month alone in which the trading range for Oil was a dramatic 32%; even both Silver and Copper traced ranges exceeding 7% for the year's eleventh month; the S&P 500, too, had a 7% trading range.
