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, after 18 weeks of being stuck in a maniacal Short trend without price really going anywhere, FINALLY broke the bonds of the M word crowd by flipping to Long -- but not without a mid-week scare: more later on that affair.
Let's start with Scary, (apropos of Halloween): Thursday brought us our first peek at StateSide annualized Gross Domestic Product "growth" for Q3: 2.0%.
Yesterday (Friday) it looked for all the world that Gold finally was getting some material upside grip, that finally the weekly parabolic Short trend was about to flip Long, that finally the M word crowd were "takin' it in the Shorts" (a...
Nothing like living the prior week all over again, eh? First it was the lousy StateSide September payrolls number as we nauseatingly documented a week ago. Thus as you already know, that report rightly yanked Gold up some +20 points in...
Yesterday's (Friday's) release of the stunningly weak StateSide September payrolls data momentarily towed Gold off the mat, (emphasis on "momentarily"). Here's how it looked, price pre-report at 1763 before swiftly climbing to 1782 -- a 13...
Just as President Nixon nixed the Gold Standard back in '71, so too are we nixing for this year our Gold forecast high of 2401. We are wrong and not even close. Period.
Let's start with a show of hands. Ready? How many of you after reading last Wednesday's Policy Statement as issued by the Federal Open Market Committee basically sensed that all they did was change the date from 28 July to 22 September?...
As penned in last week's piece: "...Now we hesitate to say -- in near-term context only -- that 'tis 'Game Over' in just a wee sense for Gold..."
It was 20 years ago that the world stopped. And like the assassination of JFK, for many of us, we'll always remember exactly where we were and what we were doing at that moment. You never get over it, let alone if you loved or knew of...
"Has the S&P crashed yet?" Such query has been woven into a bevy of recent editions of The Gold Update. As penned two missives back: "The stock market crash really is coming; we just don't know when": nobody does.
