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

“Happy Mid-Year!”  indeed with Gold up a gear — specifically +5.3% year-to-date — in having settled out this past week yesterday (Friday) at 1928.
Five weeks have passed since Gold flipped its weekly parabolic trend from Long to Short, (effective the week ending 26 May).  And yet through these recent weeks, Gold really hasn’t seen much sink … until that just past as price is now...
The title to this week’s missive pretty much puts it all in perspective.  And to the extent this week’s closing bit spooks you from stocks is your own cash management decision.  Nonetheless, let’s start with this triple-shot:
As you regular readers know, Gold’s weekly parabolic trend confirmed flipping from Long to Short at the close of trading back on 26 May per the August (now front month) contract price of 1963.  Since then, price has barely been lower than...
Point:  One of the long-standing trading tenants of “The Smart Alec Dept.” is to “buy the rumour” and then “sell the news”.  We thus present the quintessential example of such grip n’ trip treatment:  Gold.
As herein penned just a week ago for Gold: “…the present … Long trend can swiftly end in tears. Either Gold right now resumes adroitly up, or … just a wee drop in actual price, and ’tis over. A new Short trend would then ensue, and … even...
Since mid-March, our oft-stated target for Gold has at minimum been its still-standing All-Time High of 2089 … and beyond!  … such that throughout we’ve not chosen a forecast high for this year.
A mere four weeks ago we penned our 700th missive entitled “Gold: The Next All-Time High is Nigh”.  And as you nauseatingly know from just prior to this past week, Gold came within four wee points of so doing in reaching 2085 on 04 May, (...
And if you blinked — literally — you missed it.  In one of the most bizarre GLOBEX/COMEX session openings we’ve ever witnessed — that for this past Thursday, 04 May — Gold in mere seconds leapt 37 points from 2049 to 2085, just 4 points...
We’ve completed the year’s first trading quadrimestre (a little French lingo there).  And just as we saw at March’s month-end, so too through April is Gold again sporting the highest year-to-date percentage BEGOS Markets vertex as the “The...

Small amounts of natural gold were found in Spanish caves used by the Paleolithic Man about 40,000 B.C.

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