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
Gold garnered a +2.0% net gain for the week in scrabbling back over 1700 to settle yesterday (Friday) at 1702. Indeed intra-week from low-to-high, Gold gained as much as +4.3% for the first two days, only to halve that in posting net...
With Q3 officially in the books, and as mused these last two weeks, we've now beached our Gold forecast high for this year of 2254, just as we did a year ago at this time for the even higher level of 2401.
In leading directly to Gold’s weekly bars, we begin with this timely quip: "It don't do for a man to tempt providence too often." --[John Kitzmiller as Quarrel, "Dr. No", Eon Productions 1962]...
Mme. Lagarde & Co. just kicked the Buck in its butt, in turn giving Gold a bit of a bid, but -- as Mark Twain might have penned -- "'Twarn't really much". Gold settled out the week yesterday (Friday) at 1728, a price which has now ...
As goes Gold's woes, again Bill Shakespeare (significantly paraphrased) comes to mind, circa 1600: "...To test the low, or not to test the low? That is the question. Whether 'tis nobler that Gold suffer the slings and arrows by...
Asleep indeed is our once mighty Gold. Fortunately, when there's not a lot to say, we can always look at pretty pictures, for each is worth a thousand words, (if not in due course thousands to one's wealth). To wit:
We start edition No. 666 (get a grip) with this Shirelles '61 hit: "Mama said there'll be days like this..." --[Dixon/Denson]. And indeed, oh woe is our Gold!
One of the great cash management challenges in this business of engaging in the world's most important financial markets, (our BEGOS bunch being the Bond, Euro, Gold, Oil and S&P 500), is the immediacy of their being affected by...
After 18 rather ingloriously agonizing weeks of Gold's "parabolic trend" being Short, it has at long last finally flipped to, well, Long. "A little drum-roll please, have a cigar, and nice to see you again sometime!"
First we start with our title's last word: "recession". If you do the math and/or are a regular reader of The Gold Update, you well-understand that the U.S. Gross Domestic Product ex-inflation just recorded its fourth consecutive quarter...
