Mark Mead Baillie

Articles by Mark Mead Baillie

Opening note: In keeping with our recent query/quip "Has the S&P crashed yet?", yesterday we texted our great and good colleague here as follows: "S&P over 4400", to which came the response: "Yes I saw... my brain stopped...
Yes, near-term dip-wary as we remain for Gold, it indeed put in a meek down week, settling yesterday (Friday) at 1529 for a net loss of -0.5%. However:

Silver delivers! Price for the same weekly stint sprinted a net +6.2% to settle at...
Gold just made a new high for the year at 1454. That "ought be" the story, right? Not really. In fact, nothing really has changed for Gold from a week ago wherein we categorized its performance for what now has been four weeks as "blah"...
Now before we get into it, did ya happen to notice that S&P/Experian's consumer credit compilation just recorded its highest pace of credit card defaults since July 2012, indeed up for the fourth straight month? "Gee, Gerty, I didn't...
True to form as described a week ago, Gold continues down into December, so much so that it briefly slipped below The Box (1280-1240) before eking out a net weekly gain of 8 points in settling yesterday (Friday) at 1258. Rounded to the...
Silver is +14.5% year-to-date by settling yesterday (Friday), as well as the week, the month, and the quarter at 18.275. Pale in comparison is Gold's performance, its settle at 1251.6 marking a +8.6% run to this point in 2017, albeit that...
Through much of this young year, Gold has basked in its glow of being above where 'twas through much of the same period a year ago -- but now, 'tis not so. Price settled out the week yesterday (Friday) at 1235, which per the...
US silver mining began on a large scale with the discovery of the Comstock Lode in Nevada in 1858.

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