Mark Mead Baillie | TalkMarkets | Page 16
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

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Gold Stays Blah Despite The Rah-Rah
It's marvelous to find Gold up and away from The Box (1280-1240) which had been its trading area for the last six years, let alone just four weeks ago reclaiming Base Camp 1377 en route to reaching our "conservative" forecast high for 2019 of 1434.
Gold: Near-Term-Churn Remains The Watchword
Not to damper our "endless winter" enthusiasm, but per the key point from a week ago: we're not anticipating any imminent Gold milestones from here.
Gold - Another Week, Another Milestone
Make no mistake: Gold these last two weeks having achieved as milestones both 1377 and 1434 marks the most material technical rise for the yellow metal following three years of endlessly flailing about.
Finally The Gold Breakout Of Significance
There are Gold breakouts and then there are Gold breakouts. And THE Gold breakout this past week above what has been the most mentioned objective for some three years -- Base Camp 1377 -- was more than just a technical achievement.
Our 500th Gold Update: Extremes Are The Norm
With Gold having settled out this past week on Friday at 1345, price "net net" is up but a mere 20% across a nearly ten-year spectrum.
Gold Gains Pace; Will It Fail At The Same Place?
Gold just posted its best net weekly percentage gain (+2.6%) since that ending April 13, 2017 and its best weekly points gain [+35] since that ending April 29, 2016.
Our Key Gold Price Trend Goes Long
Gold's net gain for this past week of +2.0% was its best since that ending 07 December. Straightaway, here's the picture and then we'll assess some reasonable upside expectation waiting in the wings.
Gold Just Sits As The World Flies By
Gold year-to-date clearly is tracking with the least degree of comparative alacrity to the prior three years. Gold is merely content to continue its sitting upon the upper rung of The Box (1280-1240) watching the world fly by.
Gold Stays Cold; Silver Gets Sold; Their Ratio Behold
This past Monday Gold awoke from its comatose state to briefly levitate up through its 1300 gate, only to then lifelessly succumb through four consecutive falling sessions in settling Friday at 1277.4 for a small weekly loss of -0.7%
Gold Comatose While Stocks Overdose
Gold's "expected daily trading range" is now just 10 points and the "expected weekly trading range" down to a lowly 23 points, essentially the narrowest in at least the last five years. Comatose indeed has become our Gold.
Gold Sits On Its Box While The Herd Chases Stocks
For 2019, four months (plus three trading days in May) are in the books. And the wallflower at this year's Dance of the Markets so far is Gold, essentially "unchanged" from where it finished 2018 (at 1285), settling out the week at 1280.
Put Gold In Your Bag, But Let Silver Sag, Says Sachs
Goldman Sachs (GS) is the most revered of all Wall Street investment banks and GS is pushing Gold as a Long but it's also pushing Silver as a Short. Here's why we disagree with the Goldman call.
Gold Southbound, Box-Bound
Gold this past abbreviated trading week dropped to a fresh low (1273) for the year. Price settled Thursday at 1278. It's Gold's first weekly closure back inside The Box since December 21.
Gold Again Snowed
Gold -- despite six trillion Dollars having "fallen" via currency debasement over the last nine years -- finds itself today at the same price it first touched back on 22 September 22, 2010, having settled out the week on Friday at 1294.
Gold's Down Trend Continues; Except That Price Isn't Going Down
It's a no-brainer that "trend" is based on the past while "price" is based on the now. Either way, a glance at Gold's price track year-to-date shows us it's all fairly flat throughout.
Gold's Stumbles To Complete Q1; The Econ Baro Comes Undone
Gold saw a 1.2% loss for the week. But wait, it's worse: for as contract volume rolled from April into June, Gold garnered six fat points of premium. Thus Gold's loss for the week was honestly 1.7%, the fifth worst weekly wallop year-over-year.
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