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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

Now, with Gold having since failed to hold 1199 and trading this past week to as low as 1170 toward settling out yesterday (Friday) at 1183, 'tis easy to quip: "What a turkey...", (which for our many international readers out there is, per...
Let's start with this quote from last week's missive following Gold's post-election fallout: "Technically, we ought label this as 'technical damage'; however, given our expectations of the markets remaining nothing short of zany over the...
Many are the analogies one might make to describe Gold's -8.9% decline from the week's high of 1338, down through the whole 1280-1240 support zone to the week's low of 1219, in turn momentarily penetrating the rising 300-day moving average...
We were graced this past week from a visit by a great friend/charter reader of The Gold Update. I excitedly grabbed the nearest node on the residence's network of devices, and with a swipe, double-tap and turn of the unit in our guest's...
Once again reality trumps Hollywood: you cannot script this stuff ... well almost not: "Welcome to real life..." --(Spaceballs, MGM, '87) Ah, but first: with just Halloween left in October's trading balance, let's call it a month and bring...
From Friday a week ago (14 October) through settling out the week yesterday (Friday) at 1267, Gold has continued to firm following its early October flushing to as low as 1243: over the past six trading days, price has risen out of the...
Yes, 'tis another title of understatement, Gold having just completed its narrowest trading week of the year -- only 20 points between high and low -- a week ago having put in its widest, downside-biased week of the year of 79 points in...
Purple Alert...Purple Alert... Gold price plunges for its worst percentage weekly loss since last November... Nobody knows why... Nothing has changed... Stayed tuned to this missive for further information...
No doubt you Shakespeareans out there recall from "Hamlet" the Danish prince's sycophantic buddies, (turned spies for cunning Uncle King Claudius), Rosencrantz and Guildenstern. 'Course, as the tragic tale unfolds, the immortal Bard deftly...
We opened last week's missive by highlighting Gold's having risen, what was then, for the ninth week of the prior 13. Now given this week's 19-dollar slide, 'tis of course risen in nine of the prior 14. Still on balance, fairly stout stuff...

The purity of gold is measured in carat weight.

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