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  • Mark Mead Baillie

    The “Big News” presently making the rounds is the “Big Drop” in StateSide payroll creation for the month of March, the number (126,000) being some 50% below that anticipated by expert economists coast-to-coast, et alia. More revelation on that in a moment, but first, the “Big News” ’round here is that in having passed March’s

  • Mark Mead Baillie

    2015’s March Madness has well-exceeded the thrilling bounds of a bunch of talented youngsters running to and fro tossing basketballs, an annual StateSide event that captivates millions of us to the extent that seemingly hours of sports airtime are spent alone in fawning over the projected game outcomes by the President. But in assessing the

  • Mark Mead Baillie
    Commodities » Gold Springs Into Spring
    Mark Mead Baillie - March 23, 2015, 07:52 GMT

    And, save for the Dollar, so did “Everything”. To wit, at last Sunday’s Investors Roundtable, a colleague of ours queried as to whether or not we’re in the “Golden Age” of the stock market. The notion is that unsupportable earnings don’t matter, as neither do failing economics nor so-called “Dollar Strength”, let alone “Dollar Exceptionalism”.

  • Mark Mead Baillie

    Some years back in 1513 when Niccolò Machiavelli penned and first circulated his philosophy with respect to principalities, in controversially favouring truths over ideals (heaven forbid!), he queried as to “…whether it is better to be loved rather than feared, or feared rather than loved. It might perhaps be answered that we should wish to

  • Mark Mead Baillie

    Look folks, who can make this stuff up? We’ve endured months of FinMedia doting upon so-called “dollar strength”, which in true context begets a snicker. Oh but wait, for now ’tis great: “Dollar Exceptionalism Reinforced”, they say; “The dollar’s exceptionalism is intact”, they say. Good grief! The Age of Aquarius was mind-bending enough, but now

  • Mark Mead Baillie

    It just wasn’t our February, was it? No. And to think: after all that end-of-January flag-waving to support the tradition of love’s favouring Gold in the month of February, only to see their relationship again go off the boil — indeed to the worst degree this millennium — price for the month finishing -5.5%. Remember

  • Mark Mead Baillie

    Obviously pigs can fly. One need only glance up at the S&P 500’s essentially correction-less track over the past six years to seem ‘em soarin’ high on pure porker power. As if a jumbo jet that can endlessly fly without requisite fuel, the pigs have provenly so done without requisite earnings, made evident by the

  • Mark Mead Baillie

    Many are wooed “Be mine!” ’round the Feast of St. Valentine … ‘cept if yer Gold. February being a month wherein the yellow metal throughout most of the millennium has been a proven positive performer, (over the last 14 years averaging a Lovers’ Month net gain of 1.4%, including those bettering 3% in ’02, ’05,

  • Mark Mead Baillie

    The February Flop of course being analogous to the infamous Dick Fosbury Flop, which he brought to the ’68 Olympic Games at Mexico City in leaping across the high jump bar “backward”, if you will. Which is just how Gold opened this month’s competition: “backward”. To wit: Yesterday being Friday, we began ruminating over what

  • Mark Mead Baillie

    Now don’t get discouraged out there: to be sure, mid-week following FedSpeak, the precious metals took a bit of a hammering, Gold at one point being off 56 points (down to 1251) from the prior week’s high (of 1307). But resplendent in its newfound resilience, Gold zoomed back up yesterday (Friday) to settle out the

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