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

Yes, 'tis a double-entendre there, this missive's title: Gold's correction seeming "short" as brief and driven in part by those "short", (perhaps secretly trading in their briefs from undisclosed parental basements).
For Gold and its BEGOS Markets brethren, save for a day, we're now three-quarters of the way through 2019's trading mêlée. And in the midst of it all the precious metals have worked so as to themselves display above the much of fray such...
"FLASH! Durham, NC: According to the Duke University/CFO Global Business Outlook, 67% of the nation's chief financial officers see the U.S. being in a recession by the end of next year."
We've reminded our readers time-and-again per the above Gold Scoreboard that 1526 is our "aggressive" high forecast Gold price for this year. To be sure, following Gold reaching that 1526 target on 12 August (at 18:00 Pacific Time), price...
In starting with the above Gold Scoreboard, price settling out the week yesterday (Friday) at 1515 finds it back below our achieved "aggressive" forecast high of 1526 for this year. Still, with nearly four months and Federal Reserve Open...
Now just stay calm out there despite our starting with the following table which is internally-generated at the close of each trading day:
There's something about Tuesdays. Twelve Tuesdays ago, Gold was trading in the 1200s: 'twas late May. Eight Tuesdays ago whilst quietly ensconced pre-dawn inside L'Aéroport Nice Côte d'Azur's Terminal II, we penned on the website's daily...
Just 10 weeks ago Gold was trading in the 1200s. Now 'tis trading in the 1500s. It can go quickly, (as you've so herein read these many years).
If as a trader you found this past week to be boring, then 'tis time to hang it up there, Bunky. Or if on the other hand you suffered from an overdose of analysis paralysis, then hey, we just entered the Dog Days of August: nuthin's gonna...
Per last week's missive, "Silver, Baby!" clearly has been the precious metals story since mid-month. But with the white metal having slowed her week's acceleration to just a +1.1% gain versus that of +6.5% the week prior, we skew our...
Gold is perfect for use in coins and jewelry as it does not react with air or water like many other metals.

Gold Eagle twitter                Like Gold Eagle on Facebook