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
2024’s second quadrimestre is now complete. So let’s start with our title’s second phrase “GDP Defies Belief”. For Q2’s annualized GDP growth rate was just raised from an improbable first estimate of +2.8% to now an impossible second...
FedChair Powell’s “Friday Thunder” echoingly careened throughout the cascading heights of Wyoming’s Grand Tetons, across the nation and ’round the world. “The time has come” rate cut quip resulted in a decided Dollar dip, Gold in turn...
As herein penned last Saturday: “…Gold is well within range for a fresh All-Time High (above 2538 basis December) in the new week…” And so it came to pass, the yellow metal (basis December) trading yesterday (Friday) to as high as 2548,...
Let’s start with stocks, notably citing the hilarity of the FinMedia & Herd hysteria. Not that we need be reminded, however this past Monday’s (05 August) selling underscored the stock market’s otherwise quintessential condition of...
Futures contacts — far and away the most liquid non-physical form of Gold trading purely by price — regularly “roll” from one expiry month to another, (but not consecutively), the current leap per this past Wednesday being from August to...
On the heels of last week’s piece “Another Gold Pop n’ Flop”, now we’ve “Gold Gets Gut-Punched … Again” But be thee not at ends, dear friends. For as we’ll herein see, Gold’s weekly parabolic trend remains Long, which reinforces our “buy...
Upon Gold’s record run this past Tuesday into Wednesday’s fresh All-Time High of 2488, we gave pensive consideration to entitling this week’s piece as “The Joy of Being Wrong”. After all, given Gold’s recent weekly technicals having been...
Recall a week ago (per “Gold Gives Thanks as the Economy Tanks”) our having itemized an array of fundamental Gold positives, albeit there still continue technical Gold negatives, price thus having been somewhat conflicted. However, as...
Through recent missives we’ve been near-term negative on Gold, indeed looking for a move down to test the 2247-2171 structural support zone. Such read remains in concert with price’s weekly MACD (moving average convergence divergence)...
And bang on time in stride with our negative near-term bent for Gold — whilst settling yesterday (Friday) at 2337 for a whopping weekly gain of +2 points — on Wednesday, Gold’s anticipated damage was done as price broke below 2320 such as...
