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's primary upside driver is currency Debasement, further enhanced by the other of the 3Ds: Debt and Derivatives. Thus axiomatically, Gold's primary downside driver is shrinkage of same. We don't see that happening anytime soon. Indeed...
'Tis been a curious pricing patch for Gold. It has just recorded back-to-back up weeks respectively of +2.1% and now +1.7%, for a combined two-week total of +3.9% (+72 points). 'Course as we oft quip, change is an illusion whereas price is...
With Gold settling out the week yesterday (Friday) at 1904, this tenth and final year of the century's second decade in measuring from StateSide Labor Day (07 September) finds Gold at present -1.9%. Hardly that about which to worry; but...
In each of our prior five weekly missives we've pointed to 1830 as a key structural price foothold should Gold be so sold. And this past week under a heavy selling load, Gold reached to as low as 1851, a level not seen in better than two...
Per the wording in this week's title, to fundamentally find anything "negative" for Gold these days is a fool's game. Certainly so since price unwound from having gotten ahead of itself nine years ago.
At this time of the year when all hell supposedly breaks loose across the spectrum of the BEGOS Markets (Bond / Euro / Gold / Oil / S&P) -- and therein Oil has been contributing its part, -12.7% through just these first eight trading...
The seasoned Gold enthusiast is sensitive to seasonality. And by conventional wisdom, 'tis said that the run from September through November is Gold-positive. After all: Gold is thought to sop up the negativity suffered by stocks in...
'Tis a Big "BUT" not subtle in our title's rebuttal. And our rationalized scuttlebutt? Across the week just past wherein Gold settled yesterday (Friday) at 1973, after being in a rut as low as 1908 (on Wednesday), two key near-term...
How are those lazy ole Dog Days of August workin' out for ya? Ahhh, August. Vacations in full swing, beer and high cholesterol goodies coursing through the body, substitute media anchors, subtle market movements... Uhhh, No. These days,...
"Shorting Gold is a bad idea." --[mmb, 2009-to-date] To be sure, that remains a favourite quip of ours over these many years of producing The Gold Update. Not that the Shorts didn't have their run from 06 September 2011's high of 1923.7...
