Mark Mead Baillie | TalkMarkets | Page 18
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 Flexes Its Sinews As Toward Our Target The S&P Continues
The winner of this year's Santa Claus Rally is: Gold.
Gold's Rally Abates; Stocks' Correction Dilates
Ever since finding its way back up and nestling into The Box (1240-1280) these past two weeks, Gold's "rally" looks to have run out of steam with the safety and serenity of The Box offering a place to pack it in for the balance of the trading year.
Gold Bounces Back Into The Box
Gold to this point of the year is now higher than it was at this time in each of 2017 (1249), 2016 (1176), 2015 (1071), 2014 (1204) and 2013 (1230) -- not by much in most of those cases -- but nonetheless higher.
Gold Through Eleven Is Hardly In Heaven
Of the 21 trading days for the month of November, Gold was priced in the 1220s during 16 of them. Nary did price move up to 1240, nor below 1196.
Gold's Net Gain Of Nothing
Gold's price has been tradable, reaching as high as we all know to 1923 on September 2, 2011 and then to as low as 1045 on December 3, 2015 ... indeed successfully tradable so long as one has known when to follow which trend.
Gold Gazing Into Space Despite Other Markets' Frenetic Pace
For the first time since mid-July Gold settled out this past week above at least one of the last two years'-like weeks, now at 1222 being higher than when price was at 1207 to this point in 2016, but below where it was at 1294 this time a year ago.
Gold Post-Blue Ripple Trends To Technical Trickle
Turning to Gold's weekly bars and the notion that the government's hands essentially are tied for any substantive legislative changes until early in 2021, Gold seemingly shrugged its shoulders, resigned to decline toward the parabolic Long trend.
Gold Completes Another Nowhere Week
Gold's last three weekly settles have been 1230, 1236, and Friday at 1235. Gold has settled in the 1230's for eight of the last 11 trading days. But come Tuesday's election results the late-night financial world will be fixed upon Gold.
Gold Garners Glamour But Gains No Ground
At the end of the day, indeed the week, Gold netted a yawning gain of five points as below portrayed in the weekly bars by settling Friday at 1235, the prior three days' respective settles being also at 1235, 1236 and 1233
Gold Remains Firm While All The Rest Squirm
With Gold trading at but one-third of the coin's purported value, the yellow metal is nonetheless getting enough of a combined safe haven/technical bid these days such as to be winning the battle of the BEGOS Markets.
Gold Grips As The S&P Dips
Given what we sense is the beginning of the far overdue correction for the S&P 500, one might have expected Gold to get more than just a +1.2% grip this past week, settling Friday at 1222.
Gold The Unbudgeable Bovine
Ever since Gold fell from the 1300s back onJune 14, price's median daily net change (regardless of direction) has been but a wee 5.5 points. Moreover, since August 29 (27 trading sessions ago), Gold has had but two days of net double-digit change.
Gold Through The Eyes Of Swiss Cheese
From a year ago-to-date, Gold is -7%. But in comparison to the the damage being suffered by precious metal equities it's just a third of that suffered by Newmont Mining, Goldcorp, Franco-Nevada and the VanEck Vectors Gold Miners ETF, all being -20%.
Gold - Protected, Suppressed, Depressed
For nine weeks running, Gold's weekly settle has neither exceeded 1191 on the downside, nor 1223 on the upside: that is a week-to-week closing range for two months spanning just 2.7% from low-to-high, or a mere 32 points.
Gold Goes Down - Its Trend Goes Up - And Imbalances Are Everywhere
Following the 20 weeks of Short trend which culminated on 17 August 2012, Gold's price on a closing basis then stretched up from 1618 to 1783 (+10% over seven weeks) prior to unraveling into the millennium's record 31-weeks of Short trend.
Gold And Money, Honey
Gold has lagged increases in the Dollar's supply, albeit there was far less demand for the yellow metal as the average Joe could be content with a CD rolling over each year at the bank.
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