Mark Mead Baillie Blog | Talkmarkets | Page 1
Mark Mead Baillie
Contributor's Links: deMeadville.com

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 ... more

All Contributions

Latest Posts
1 to 16 of 241 Posts
1 2 3 ... 16
Gold...and Jimmy Carter (Act Deux?)
Let's admit it right off the top: Gold did not reach our anticipated near-term target of at least 1800. We've been leaping and pom-pomming about now for better than a month cheering about Gold returning to 1800 and it hasn't happened.
Gold Triple Top Suggests Upside Pop
Such was Gold's quest this past week in attempting to regain our anticipated near-term price of 1800: Wednesday's high was 1798.4; Thursday's high was 1798.1; and Friday's high was 1796.3. Admittedly, those are consecutive lower highs.
U.S. Money Supply Tops $20 Trillion ... Got Gold?
With the money supply at $20 Trillion, and implementing your cross-multiplication skills acquired when learning proportional math: "as $1.8T is to Gold $467, so is $20T to ... (wait for it) ... Gold $5,189!"
EC We'll Soon Behold 1800 Gold
The market never being wrong, its offers taken and bids hit have rightly put price at 1744. But perceived price is not veritable valuation.
Gold Buyers Own The Trading Volume
Here's the real but: Gold's trading range for the week initially ran from 1733 down to 1677, and then back up to 1732 -- boo boo bee doo, you Short April Fool.
Gold From 'On The Go' To Narrow
We're maintaining 2401 as our year's forecast high for gold. That target is 39% above Gold's present 1732 level with some nine months left in 2021. But can Gold actually spring up that much so quickly?
Gold On The Go And We Review 'The Crow'
Clearly we see Gold as on the go:1800 seems quite reasonable as an initial goal, however the 1800s in general could well be fraught with much to and fro.
Higher Gold From Here
Gold has run a corrective course and passed muster to resume its upside path.Having traded down to 1673 -- practically the precise low of the 1789-1672 structural support zone -- as the year unfolds we may find that 1673 level to be Gold's 2021 low.
Gold - 1600s Brushed!
Gold settled out the week Friday, at 1698 (almost kissing where 'twas a year ago in the above chart) and has now traded in tow to as low as 1683. And that low is quite close to the defined bottom of the 1789-1672 structural support zone.
Gold Is So Cheap At This Juncture
Gold is so cheap at this juncture that it is almost a gift; currency debasement proves it so. Just as the S&P 500 is so fatally beyond expensive that it resembles a trap ready to snap; the lack of earnings proves it so.
Gold's Near-Term Brush With The 1600s
If Gold were to sink during this current parabolic short trend to as low as 1672, yet then nonetheless recover all the way up to our year's forecast high of 2401, 'twould be an increase of 43.6% within 10 months. Can Gold do that?
Make Gold Your Stash Before The S&P Crash
Most of you are seasoned enough to remember weathering the "Black Swan Financial Crisis" of 2008-2009. And when old Swannee flew, all of our BEGOS Markets (Bond / Euro / Gold / Oil / S&P) were initially flushed down the loo.
Gold's Current Commodity Costume
Gold is being booted about as a commodity rather than being revered (not just as a currency but) as the currency, and really is off to a lousy start for the year, while the S&P 500 garners yet another all-time high.
Gold Churns But Silver Finally Returns
Year-to-date, the precious metals story (albeit somewhat stealthily) is Silver while gold churns at 1850.
Abiding Biden. Buy Gold
Gold's attractive price reflects there being just a minuscule percentage of the investing world which outright owns it and/or has some exposure to it.
Gold Sheared, Silver Smeared
Gold was sheared this past week by -1.2% and is now -3.9% year-to-date. Given all that we fundamentally understand about Gold -- its moving lower in the ongoing financial environment makes nary a whit of sense whatsoever.
1 to 16 of 241 Posts
1 2 3 ... 16