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
“So near and yet so far.” So says Nick-Nack to Francisco Scaramanga, –[“The Man with the Golden Gun”, Eon/UA, ’74]. So quintessentially perfect, too, does it describe Gold’s rally this past week wherein price on Thursday came within just...
Whenever Gold is technically in a “Short trend” — yet price doesn’t substantively “go Down” — we say ’tis a “beautiful thAng”. Indeed, Gold’s ongoing Short trend just recorded its ninth consecutive week per the rightmost red parabolic...
With 3262 potentially in the year’s balance, can you imagine not being with Gold?
Gold just recorded its seventh down week in the last nine, price settling yesterday (Friday) at 2637 … and yet that is higher than Gold’s settle six weeks ago at 2567 on 15 November.
Welcome to winter as we type literally through the soltice here at 10:21 CET. And let’s start with a “Thumbs Up!” to one Elizabeth Morgan Hammack, graduate of THE Leland Stanford Junior University, today President of the Federal Reserve...
Gold’s net change for this past week was a wee +0.4%; yet ’twas hardly mute en route. Prior to settling yesterday (Friday) at 2666, price was boffed about by another geo-political “spike n’ sink”, further impinged by November’s StateSide...
First, this tease: the last time the S&P 500 reached (by our quant-crunching) such current duration of being extremely “textbook overbought”, the mighty Index fell …(drumroll)… -26%. More on that later.
Gold settled the abbreviated trading week (Friday) at 2674, -128 points below its All-Time High of 2802 (30 October). But price’s points volatility is well above normal: the average high-low weekly trading range across these past four is...
Let’s begin with Gold, courtesy of the “We Love It When We’re Wrong Dept.” given price having just recorded its best week (by net points gained) in nearly 45 years!
For you valued regular readers of The Gold Update, price’s demise across these past three weeks ought be no surprise. Into Halloween week, Gold vis-à-vis its near-term smooth valuation line ran better than +150 points “too high”. Then...
