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# deMeadville

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## Posts

- [16 February 2026 – 08:42 Central Euro Time](https://demeadville.com/16-february-2026-0842-central-euro-time/) - Given the StateSide holiday, 'tis a two-day session for the BEGOS Markets with settlement tomorrow (Tuesday). Presently, we've but one BEGOS component outside (below) its Neutral Zone for the session, that being Gold -0.9% (5017); overall volatility thus far expectedly is quite light. The Gold Update cites (as we'd anticipated a week prior) a compressing
- [The Gold Update: No. 848 – (14 February 2026) – “Gold's Range Compresses as the Uptrend Regresses”](https://demeadville.com/the-gold-update-no-848-14-february-2026-golds-range-compresses-as-the-uptrend-regresses/) - The Gold Update by Mark Mead Baillie — 848th Edition — Monte-Carlo — 14 February 2026 (published each Saturday) — www.deMeadville.com“Gold’s Range Compresses as the Uptrend Regresses“ ‘Tis a Valentine Day’s edition of The Gold Update, (the only other prior occurrence being back in 2015)! And on the heels of last week’s piece “Gold Reaching Peak Volatility”, our timing has been
- [13 February 2026 – 08:34 Central Euro Time](https://demeadville.com/13-february-2026-0834-central-euro-time/) - Presently we've the EuroCurrencies below their respective Neutral Zones for today, whilst above same are the precious metals; BEGOS Markets' volatility remains light into this hour of the session. Gold, after having on Wednesday moved up through its Market Magnet, was unable to sustain upside furtherance, falling back down through same yesterday, as did both
- [12 February 2026 – 08:41 Central Euro Time](https://demeadville.com/12-february-2026-0841-central-euro-time/) - At this moment, all eight BEGOS Markets are within their respective Neutral Zones for today, and session volatility to this point continues to be light. Gold yesterday settled above its Market Magnet, suggestive of some upside follow-through near-term term, even as per The Gold Update price remains significantly overvalued; 'tis just mildly lower so far
- [11 February 2026 – 08:42 Central Euro Time](https://demeadville.com/11-february-2026-0842-central-euro-time/) - The Euro, Swiss Franc, Silver and Copper are all at present above today's Neutral Zones; the rest of the BEGOS Markets are within same, and session volatility again is light. For the precious metals by Market Trends, the "Baby Blues" of trend consistency continue to fall for both Silver and Gold; but the trends currently
- [10 February 2026 – 08:40 Central Euro Time](https://demeadville.com/10-february-2026-0840-central-euro-time/) - At present we've the Bond above its Neutral Zone for today, whilst below same are both Silver and Copper; session volatility for the BEGOS Markets is light with a bevy of incoming EconData due through the balance of the week. With respect to both the noted white and red metals, their respective Market Trends are
- [09 February 2026 – 08:44 Central Euro Time](https://demeadville.com/09-february-2026-0844-central-euro-time/) - The week starts finding at present both the Bond and Oil below today's Neutral Zones, whilst above same are the Euro, Swiss Franc and Silver; BEGOS Markets' volatility is light-to-moderate. The Gold Update focuses on the yellow metal having reached what historically (save for the FinCrisis) by percentage is peak volatility; too, both Gold and
- [The Gold Update: No. 847 – (07 February 2026) – “Gold Reaching Peak Volatility”](https://demeadville.com/the-gold-update-no-847-07-february-2026-gold-reaching-peak-volatility/) - The Gold Update by Mark Mead Baillie — 847th Edition — Monte-Carlo — 07 February 2026 (published each Saturday) — www.deMeadville.com“Gold Reaching Peak Volatility“ Gold by its daily trading range (intraday low to intraday high, or vice-versa) is establishing point swings “So mmb, you think gold’s gonna slow down, especially as it already reached your forecast high?”Squire of course is referring
- [The Gold Update: No. 845 – (24 January 2026) – “Silver Taps 100 Whilst Gold Scrabbles for 5000”](https://demeadville.com/the-gold-update-no-845-24-january-2026-silver-taps-100-whilst-gold-scrabbles-for-5000/) - The Gold Update by Mark Mead Baillie — 845th Edition — Monte-Carlo — 24 January 2026 (published each Saturday) — www.deMeadville.com“Silver Taps 100 Whilst Gold Scrabbles for 5000“ Silver yesterday (Friday) at 15:10 GMT saw the current front month contract (March) achieve 100.00 for the very first time, en route to trading as high as 103.53 before settling the week at
- [06 February 2026 – 08:39 Central Euro Time](https://demeadville.com/06-february-2026-0839-central-euro-time/) - Presently above today's Neutral Zones are the Swiss Franc, Gold, Silver, Copper and Oil; the other three BEGOS Markets (Bond, Euro and Spoo) are within same, and volatility for the session is moderate. Per yesterday's comment on the weakening S&P 500 MoneyFlow, such leading indicator has further declined relative to the change in the Index
- [05 February 2026 – 08:34 Central Euro Time](https://demeadville.com/05-february-2026-0834-central-euro-time/) - As to which we herein alluded last Friday, the MoneyFlow of the S&P 500 continues to deteriorate: by all three of our period measures, the S&P "ought be" several hundred points lower than currently 'tis; as this is a directionally leading indicator, do mind the MoneyFlow page; too by Market Trends, that for the Spoo
- [04 February 2026 – 08:30 Central Euro Time](https://demeadville.com/04-february-2026-0830-central-euro-time/) - Gold has regained (for now) the 5000 handle; price at present is above its Neutral Zone for today, as are both Silver and the Spoo; the rest of the BEGOS Markets are within same, and volatility to this point is again light-to-moderate in the context that -- with the exception of the Bond -- EDTRs
- [03 February 2026 – 08:38 Central Euro Time](https://demeadville.com/03-february-2026-0838-central-euro-time/) - The two EuroCurrencies and the Metals Triumvirate all are at present above today's Neutral Zones; Oil is below same, and session volatility for the BEGOS Markets is light-to-moderate. Yesterday had the "Baby Blues" of regression trend consistency (see Market Trends) for both Gold and Silver settle beneath their respective +80% axes, meaning both metals' trends
- [02 February 2026 – 08:42 Central Euro Time](https://demeadville.com/02-february-2026-0842-central-euro-time/) - Precious metals' selling continues as Gold and Silver work lower toward being less overvalued; both are at present below today's Neutral Zones as are Copper, Oil and the Spoo; the Bond is above same, and BEGOS Market's volatility is robust, save for the EuroCurrencies. The Gold Update appears to have precisely called the year's high
- [The Gold Update: No. 846 – (31 January 2026) – “Metals' Mania Maxed!”](https://demeadville.com/the-gold-update-no-846-31-january-2026-metals-mania-maxed/) - The Gold Update by Mark Mead Baillie — 846th Edition — Monte-Carlo — 31 January 2026 (published each Saturday) — www.deMeadville.com “Metals’ Mania Maxed!“ But is the mayhem yet done? Now obviously no one knows for sure if this recent metals’ mania just hit its maximum price point. So ’tis prudent to understand that superlatives such as “Maxed!” can further
- [30 January 2026 – 08:35 Central Euro Time](https://demeadville.com/30-january-2026-0835-central-euro-time/) - No further record highs for the metals today: notably Gold, after yesterday achieving our forecast high for this year of 5546 -- moved higher still to 5627 -- only to then succumbed a full -500 points within the balance of the session. Have the metals maxed? More of course in tomorrow's 846th consecutive Saturday edition
- [29 January 2026 – 08:49 Central Euro Time](https://demeadville.com/29-january-2026-0849-central-euro-time/) - GOLD 5546 Achieved! With still these two trading days remaining in the new year's first month, Gold this morning achieved our targeted forecast high for all of 2026, and then some, price reaching thus far up to 5627; Silver too has topped 120. Indeed at present, all three elements of the Metals Triumvirate are above
- [28 January 2026 – 08:47 Central Euro Time](https://demeadville.com/28-january-2026-0847-central-euro-time/) - Gold's cac volume is rolling from February into that for April with an additional +39 points of premium, and -- with or without -- a fresh All-Time High has been reached thus far today at 5318 (April) or 5279 (February). Presently for the BEGOS Markets we've the Bond, Gold, Silver and the Spoo above their
- [27 January 2026 – 08:46 Central Euro Time](https://demeadville.com/27-january-2026-0846-central-euro-time/) - Silver's late-in-the-session drop yesterday of -12% prompted us to query on "X" (@deMeadvillePro) as to if the high was in place. However this morning, Silver is back above its Neutral Zone for today as are Gold, Copper and the Spoo; Oil is below same, and BEGOS Markets' volatility is moderate, save for Silver which already
- [26 January 2026 – 08:41 Central Euro Time](https://demeadville.com/26-january-2026-0841-central-euro-time/) - Gold, having settled Friday at 4983, gapped higher to begin the week in opening at 5013 and since has traded to as high as 5108; Silver has reached 109.32. The Gold Update underscores the overvaluation fundamentally and technically for the precious metals, whilst nonetheless maintaining our Gold target for this year of 5546. Presently, the
- [23 January 2026 – 08:45 Central Euro Time](https://demeadville.com/23-january-2026-0845-central-euro-time/) - Presently we've the Euro and Swiss Franc below their respective Neutral Zones for today, whilst above same are Gold, Silver and the Spoo; BEGOS Market's volatility is again light-to-moderate. Milestones on tap: Gold 5000 (record high this morning 4970) and Silver 100 (record high this morning 99.40). The S&P 500's "live" P/E (futs-adj'd) is 64.4x.
- [22 January 2026 – 08:34 Central Euro Time](https://demeadville.com/22-january-2026-0834-central-euro-time/) - Silver is the sole BEGOS Market at present outside (above) its Neutral Zone for today; session volatility has slowed a bit from recent days, thus far looking light-to-moderate. Looking at Market Rhythms for pure swing consistency, our Top Three through yesterday are -- on a 10-test basis -- Gold's 12hr Parabolics, the Swiss Franc's 4hr
- [21 January 2026 – 08:43 Central Euro Time](https://demeadville.com/21-january-2026-0843-central-euro-time/) - Gold records yet another All-Time High this morning at 4891 and is above its Neutral Zone for today as are both the Bond and Spoo; the Swiss Franc is below same, and session volatility for the BEGOS Markets is mostly moderate, Gold being the exception with a 142% tracing of its EDTR (see Market Ranges).
- [20 January 2026 – 08:40 Central Euro Time](https://demeadville.com/20-january-2026-0840-central-euro-time/) - The BEGOS Markets' two-day session continues with further record highs for both Gold (4727) and for Silver (94.75); both at present are above their Neutral Zones for this session, as too are Copper, the Euro and Swiss Franc; below same are the Bond and Spoo, and volatility (it being a double-day) is mostly robust, although
- [19 January 2026 – 08:46 Central Euro Time](https://demeadville.com/19-january-2026-0846-central-euro-time/) - Given the StateSide holiday, 'tis a two-day session (for Tuesday settlement) for the BEGOS Markets. Therein at present we've both the Bond and Spoo below the session's Neutral Zones, whilst above same are the Euro, Swiss Franc, Gold and Silver; volatility is moderate-to-robust, the two EuroCurrencies both having already exceeded 100% of today's EDTR tracings
- [The Gold Update: No. 844 – (17 January 2026) – “Metals' Mania Mayhem!”](https://demeadville.com/the-gold-update-no-844-17-january-2026-metals-mania-mayhem/) - The Gold Update by Mark Mead Baillie — 844th Edition — Monte-Carlo — 17 January 2026 (published each Saturday) — www.deMeadville.com“Metals’ Mania Mayhem!“ “Got volatility??” Oh baby. “Maxed-out metals??” Oh maybe. “5546 still forecast??” Ah oui-oui, (a little local lingo there).But hardly shall Gold get to 5546 in a straight line. For given today’s milieu of this metals’ mania mayhem, prices — both by
- [The Gold Update: No. 843 – (10 January 2026) – “Six Days into '26, Gold and Silver Net Upticks”](https://demeadville.com/the-gold-update-no-843-10-january-2026-six-days-into-26-gold-and-silver-net-upticks/) - The Gold Update by Mark Mead Baillie — 843rd Edition — Monte-Carlo — 10 January 2026 (published each Saturday) — www.deMeadville.com “Six Days into ’26, Gold and Silver Net Upticks“ Six trading days into 2026 find Gold having already netted a year-to-date gain of +4.3% and Silver +12.4%. Or … just in case you’re scoring at home … to go
- [16 January 2026 – 08:45 Central Euro Time](https://demeadville.com/16-january-2026-0845-central-euro-time/) - Both Silver and Copper are below their respective Neutral Zones for today, whilst above same is the Spoo, ("live" fut's-adj'd S&P 500 P/E now 60.7x); BEGOS Markets' session volatility ranges from light (Bond and Euro EDTR tracings of 26%) to robust (Copper's 102%); EDTRs are updated daily on the Market Range page. Gold has dipped
- [15 January 2026 – 08:43 Central Euro Time](https://demeadville.com/15-january-2026-0843-central-euro-time/) - The "live" P/E of the S&P 500 settled yesterday at 60.2x. Meanwhile, we've presently the EuroCurrencies, Metals Triumvirate and Oil all below today's Neutral Zones; within same are the Bond and Spoo, and session volatility for the BEGOS Markets is moderate-to-robust, with both Silver and Copper already having traced in excess of 100% of their
- [14 January 2026 – 08:38 Central Euro Time](https://demeadville.com/14-january-2026-0838-central-euro-time/) - Record highs continue for Gold, Silver (91.37!), Copper and the Spoo/S&P 500. Per last evening's post on "X" (@deMeadvillePro) the S&P settled yesterday with a "live" P/E of 59.9x. This morning, all three elements of the Metals Triumvirate are at present above today's Neutral Zones; the rest of the BEGOS Markets are within same, and
- [13 January 2026 – 08:46 Central Euro Time](https://demeadville.com/13-january-2026-0846-central-euro-time/) - On the heels of record highs yesterday for Gold, Silver and the S&P 500, we've at present both the Bond and Gold below today's Neutral Zones; the balance of the BEGOS Markets are within same, and session volatility is light-to-moderate, except for the non-BEGOS Yen which has traced 118% of its EDTR (see Market Ranges
- [12 January 2026 – 08:39 Central Euro Time](https://demeadville.com/12-january-2026-0839-central-euro-time/) - The BEGOS Markets finally appear to be waking up to the new year. The Gold Update cites sovereign invasions, currency concerns, and now we read of Chairman Powell facing an investigative issue. At present, both the Bond and Spoo are below today's Neutral Zones, whilst the two EuroCurrencies and Metals Triumvirate are above same; only
- [08 January 2026 – 08:36 Central Euro Time](https://demeadville.com/08-january-2026-0836-central-euro-time/) - The Spoo as a "continuous contract" topped 7000 yesterday for the first time; intraday, the S&P 500 made an all-time high (6966) and settled with a "live" P/E of 57.2x, more than double from its inception 13 years ago: that means earnings have since grown at less than half the rate of the S&P itself.
- [The Gold Update: No. 842 – (03 January 2026) – “We Forecast Gold's High for '26 at 5546”](https://demeadville.com/the-gold-update-no-842-03-january-2026-we-forecast-golds-high-for-26-at-5546/) - The Gold Update by Mark Mead Baillie — 842nd Edition — Monte-Carlo — 03 January 2026 (published each Saturday) — www.deMeadville.com “We Forecast Gold’s High for ’26 at 5546“ 5546 is our forecast Gold high for 2026. When we set upon such annual analysis for this year, we admittedly felt a bit snarky in perhaps selecting the year’s high as “the
- [09 January 2026 – 08:36 Central Euro Time](https://demeadville.com/09-january-2026-0836-central-euro-time/) - Toward rounding out the first full trading week of 2026 , we've at present the Euro, Swiss Franc and Spoo below their respective Neutral Zones for today, whilst Copper is above same; BEGOS Markets' volatility is moving toward moderate. Save for the Metals Triumvirate, EDTRs (see Market Ranges) are near or even below where they
- [07 January 2026 – 08:41 Central Euro Time](https://demeadville.com/07-january-2026-0841-central-euro-time/) - The Bond is at present above its Neutral Zone for today, whilst below same are Oil and all three elements of the Metals Triumvirate; session volatility for the BEGOS Markets is mostly moderate, save for the Spoo which thus far has traced just a wee 18% of its EDTR (see Market Ranges). Oil is now
- [06 January 2026 – 08:41 Central Euro Time](https://demeadville.com/06-january-2026-0841-central-euro-time/) - At present, we've the Bond below its Neutral Zone for today, whilst above same are both Silver and Copper; BEGOS Markets' volatility is moderate across-the-board. Oil yesterday settled above (and currently is on) Market Profile support at 58.00: on a pure swing basis, Oil's best Market Rhythm has been the 4hr Moneyflow; and by its
- [05 January 2026 – 08:43 Central Euro Time](https://demeadville.com/05-january-2026-0843-central-euro-time/) - Not surprisingly, the precious metals are getting a geo-political boost, both Gold and Silver, as well as Copper, at present above today's Neutral Zones; below same are the EuroCurrencies and Oil, whilst quietly within are the Bond and Spoo; session volatility for the BEGOS Markets spans from light for the Spoo to robust for Copper.
- [02 January 2026 – 08:41 Central Euro Time](https://demeadville.com/02-january-2026-0841-central-euro-time/) - Whereas the final trading day of 2025 saw all eight BEGOS Markets record a down day, this start to 2026 finds five of the eight to the upside: the Metals Triumvirate, Oil and Spoo all at present are above today's Neutral Zones; below same are the Bond and Swiss Franc, (only the Euro is currently
- [31 December 2025 – 08:46 Central Euro Time](https://demeadville.com/31-december-2025-0846-central-euro-time/) - The final trading day of 2025 is a full session for the BEGOS Markets. At present, we've the Euro, Swiss Franc, Silver, Copper and Spoo all below their respective Neutral Zones for the session; the other BEGOS components (Bond, Gold and Oil) are within same, and volatility is mostly moderate-to-robust, the precious metals again to
- [30 December 2025 – 08:36 Central Euro Time](https://demeadville.com/30-december-2025-0836-central-euro-time/) - Yesterday's substantive selling in the precious metals found Gold's intraday high-to-low drop of -5.8% ranking 19th-worst century-to-date, whilst that for Silver of -15.1% ranked 6th-worst. At present, both metals above above their Neutral Zones for today, as too are both Copper and Oil; the balance of the BEGOS Markets are within same, and session volatility
- [29 December 2025 – 08:39 Central Euro Time](https://demeadville.com/29-december-2025-0839-central-euro-time/) - On the heels of the current edition of the Gold Update entitled “Yes, Gold REALLY Is Getting Ahead of Itself”, the precious metals are taking a bit of a pounding this morning: with all three elements of the Metals Triumvirate presently below today's Neutral Zones, Silver -- which began the session north of 80 in
- [The Gold Update: No. 841 – (27 December 2025) – “Yes, Gold REALLY Is Getting Ahead of Itself”](https://demeadville.com/the-gold-update-no-841-27-december-2025-yes-gold-really-is-getting-ahead-of-itself/) - The Gold Update by Mark Mead Baillie — 841st Edition — Monte-Carlo — 27 December 2025 (published each Saturday) — www.deMeadville.com“Yes, Gold REALLY Is Getting Ahead of Itself“ Good grief, Squire, how did that WestPalmBeacher get in here?“He didn’t, mmb, it’s just some kinda AI infiltration…”Well, we simply must get on to our Amsteg security team. Honestly…To Gold: With specific
- [26 December 2025 – 08:43 Central Euro Time](https://demeadville.com/26-december-2025-0843-central-euro-time/) - Today's full session for the BEGOS Markets presently finds the Bond and Swiss Franc below their respective Neutral Zones, whilst above same are all three elements of the Metals Triumvirate, both Gold and Silver having again recorded new highs at 4562 and 75.50. Session volatility is moderate, noting therein that Silver has traced 105% of
- [24 December 2025 – 08:33 Central Euro Time](https://demeadville.com/24-december-2025-0833-central-euro-time/) - We've furtherance of record highs this morning for the precious metals, Gold having tapped 4555 and Silver 72.75. At present above today's Neutral Zones are both Silver and Copper; the balance of the BEGOS Markets are within same, and volatility for the abbreviated session is pushing toward moderate; (session closures range today from 18:00 GMT
- [23 December 2025 – 08:33 Central Euro Time](https://demeadville.com/23-december-2025-0833-central-euro-time/) - Gold has cleared the 4500 handle in trading thus far to as high as 4531, whilst Silver has cleared its 70 handle in thus far reaching up to 70.16: whilst we welcome such lofty prices, a word to the wise is sufficient: Gold is at present +16% above Fair Value and Silver +24% above same.
- [22 December 2025 – 08:47 Central Euro Time](https://demeadville.com/22-december-2025-0847-central-euro-time/) - The current edition of The Gold Update entitled "Merry Metals!" is being well-vindicated this morning with record highs for both Gold (4453) and Silver (69.53); both are presently above today's Neutral Zones as are Copper, Oil and the Spoo; below same is the Bond, and BEGOS Markets' volatility is moderate, duly noting that Gold has
- [The Gold Update: No. 840 – (20 December 2025) – “Merry Metals!”](https://demeadville.com/the-gold-update-no-840-20-december-2025-merry-metals/) - The Gold Update by Mark Mead Baillie — 840th Edition — Monte-Carlo — 20 December 2025 (published each Saturday) — www.deMeadville.com “Merry Metals!“ Merry metals, indeed! En route to finishing the final full trading week of 2025, both Gold and Silver made fresh All-Time Highs! “Surprise, surprise, surprise!” –[G. Pyle, ’64-’69]. Toward the week’s respective settles:Gold on Thursday traded to
- [19 December 2025 – 08:43 Central Euro Time](https://demeadville.com/19-december-2025-0843-central-euro-time/) - Gold yesterday by its "continuous contract" reached another All-Time High at 4410; (the "front month" currently is February, which itself had reached 4433 on 20 October but with a lot of forward "premium" at that time when 'twas not yet the "front month"). Either way, more on having achieved 4410 in tomorrow's 840th consecutive Saturday
- [18 December 2025 – 08:40 Central Euro Time](https://demeadville.com/18-december-2025-0840-central-euro-time/) - Another record high for Silver yesterday in trading up to 67.18 at which level year-to-date the white metal was up +129%; Silver currently is 66.61 and at present inside her Neutral Zone for today, as are all the BEGOS Markets, save for Oil's being below same; session volatility is light. The NASDAQ 100 finished yesterday
- [17 December 2025 – 08:40 Central Euro Time](https://demeadville.com/17-december-2025-0840-central-euro-time/) - We've record highs for Silver this morning, up to as much as 66.65; and even as the Dollar Index is up a firm +0.5%, all three elements of the Metals Triumvirate are at present above their respective Neutral Zones for today, as is Oil; below same are the Bond, Euro and Swiss Franc, and session
- [16 December 2025 – 08:49 Central Euro Time](https://demeadville.com/16-december-2025-0849-central-euro-time/) - Presently we've the Metals Triumvirate and Spoo all below today's Neutral Zones; the other BEGOS Markets are within same, and volatility thus far again is moderate. Save for Silver and Copper, EDTRs (see Market Ranges) of late have been narrowing. And by Market Trends, save for the Bond and Oil, the six other BEGOS components
- [15 December 2025 – 08:37 Central Euro Time](https://demeadville.com/15-december-2025-0837-central-euro-time/) - The final full trading week of the year begins, finding at present the Bond and Metals Triumvirate above their respective Neutral Zones for today; none of the other BEGOS Markets are below same, and session volatility is moderate. The Gold Update celebrates Silver having surpassed 60, and the yellow metal's weekly parabolic trend having flipped
- [The Gold Update: No. 839 – (13 December 2025) – “Gold Beams Back To Long; Silver Screams So Strong!”](https://demeadville.com/the-gold-update-no-839-13-december-2025-gold-beams-back-to-long-silver-screams-so-strong/) - The Gold Update by Mark Mead Baillie — 839th Edition — Monte-Carlo — 13 December 2025 (published each Saturday) — www.deMeadville.com “Gold Beams Back To Long; Silver Screams So Strong!“ We are “pleased as punch” –[Hubert H. Humphrey, circa ’60s] to proclaim that Gold just completed yet another “failed” weekly parabolic Short trend of but three weeks, settling higher yesterday
- [12 December 2025 – 08:39 Central Euro Time](https://demeadville.com/12-december-2025-0839-central-euro-time/) - Presently, all eight BEGOS Markets are within today's Neutral Zones, and session volatility is light. Silver yesterday traded up to a record high of 64.72, however by Fair Value, the white metal has become quite overvalued: more on that in tomorrow's 839th consecutive Saturday edition of The Gold Update. Amongst the five primary BEGOS components,
- [11 December 2025 – 08:41 Central Euro Time](https://demeadville.com/11-december-2025-0841-central-euro-time/) - The Bond is presently above its Neutral Zone for today, whilst below same are Copper, Oil and the Spoo; session volatility for the BEGOS Markets is firmly moderate. As anticipated, the FOMC voted with dissent to nonetheless cut the FedFunds rate -25 bps to the 3.50%-3.75% target range: the S&P 500 responded in moving to
- [10 December 2025 – 08:42 Central Euro Time](https://demeadville.com/10-december-2025-0842-central-euro-time/) - Silver yesterday topped 60.00 for the first time and thus far today has traded to as high as 62.14, the Gold/Silver ratio having fully reverted to its century-to-date evolving mean of 69.4x, the ratio currently 68.3x; the white metal is at present above its Neutral Zone for today, as is Copper; the rest of the
- [09 December 2025 – 08:37 Central Euro Time](https://demeadville.com/09-december-2025-0837-central-euro-time/) - Only Copper is at present outside (below) its Neutral Zone for today; moreover, it already has traced 106% of its EDTR (see Market Ranges); otherwise, BEGOS Market's volatility is mostly light. By Market Rhythms, Copper's best is its daily MACD. Too, 'tis unusual to see one market dominating our Top Three Rhythms for pure swing
- [08 December 2025 – 08:42 Central Euro Time](https://demeadville.com/08-december-2025-0842-central-euro-time/) - Presently, the Euro is the only BEGOS Market outside (above) its Neutral Zone for today; session volatility is light-to-moderate. The Gold Update points to Silver having nearly reached the milestone of 60.00 (59.90 on Friday); too, we calculated a Fair Value for Silver at 56.05. Also therein, September's inflation summary table is indicative of paces
- [The Gold Update: No. 838 – (06 December 2025) – “Gold Sinks Slightly as Silver Skirts Sixty”](https://demeadville.com/the-gold-update-no-838-06-december-2025-gold-sinks-slightly-as-silver-skirts-sixty/) - The Gold Update by Mark Mead Baillie — 838th Edition — Monte-Carlo — 06 December 2025 (published each Saturday) — www.deMeadville.com“Gold Sinks Slightly as Silver Skirts Sixty“ So let’s begin with the Gold/Silver ratio, by which these last several years we’ve gone on time-and-again as to the white metal being “the better buy” over the yellow metal. Thus straight away
- [05 December 2025 – 08:41 Central Euro Time](https://demeadville.com/05-december-2025-0841-central-euro-time/) - The EuroCurrencies and Metals Triumvirate are all above today's Neutral Zones; none of the other BEGOS Markets are below same, and session volatility is on balance moderate, Copper however having already traced 130% of its EDTR (see Market Ranges). The Spoo has thus far traded up to 6884, its highest level since 13 November; too,
- [04 December 2025 – 08:41 Central Euro Time](https://demeadville.com/04-december-2025-0841-central-euro-time/) - The Bond, Swiss Franc and Silver are all presently below their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility to this point of the session is light-to-moderate. Silver's daily bars have the appearance of a near-term top being put in place despite yesterday's all-time high of 59.66,
- [03 December 2025 – 08:33 Central Euro Time](https://demeadville.com/03-december-2025-0833-central-euro-time/) - Presently above today's Neutral Zones are the Euro, Swiss Franc, Copper and Oil, whilst below same is Silver; session volatility for the BEGOS Markets is pushing toward moderate. Yesterday for the Swiss Franc, price settled above the most volume-dominant Market Profile resistor, as well as pierced above its Market Magnet. Currently topping our Market Rhythms
- [02 December 2025 – 08:44 Central Euro Time](https://demeadville.com/02-december-2025-0844-central-euro-time/) - Silver, after achieving another all-time high yesterday at 59.44 -- then year-to-date +103% -- is at present below today's Neutral Zone; the balance of the BEGOS Markets are within same, and session volatility is light. The S&P 500's mid-November correction of some -350 points and subsequent return back up was enough to unwind any textbook
- [01 December 2025 – 08:34 Central Euro Time](https://demeadville.com/01-december-2025-0834-central-euro-time/) - Both the Bond and Spoo are at present below today's Neutral Zones, whilst above same is Oil; session volatility for the BEGOS Markets is firmly moderate as December commences. The Gold Update celebrates Silver's remarkable year, through Friday +94.9%, and even more so this morning, having hit another all-time high at 58.61. Silver's best Market
- [The Gold Update: No. 837 – (29 November 2025) – “Gold's New Short Trend Shoved Aside; Silver's Rise to All-Time Highs”](https://demeadville.com/the-gold-update-no-837-29-november-2025-golds-new-short-trend-shoved-aside-silvers-rise-to-all-time-highs/) - The Gold Update by Mark Mead Baillie — 837th Edition — Monte-Carlo — 29 November 2025 (published each Saturday) — www.deMeadville.com “Gold’s New Short Trend Shoved Aside; Silver’s Rise to All-Time Highs“ Remember these two lines from last week?“…across the past two years, weekly parabolic Short trends for Gold have been great news!”“…across the past two years, the parabolic Short trends
- [28 November 2025 – 08:28 Central Euro Time](https://demeadville.com/28-november-2025-0828-central-euro-time/) - Subject to the CME data outage from 02:45 GMT (03:45 CET): Silver is teasing another all-time high; by the March cac 'twould be 55.06, the current price being 54.64; more tomorrow in the 837th consecutive Saturday edition of The Gold Update. The two-day session continues for the BEGOS Markets, currently finding both the Bond and
- [27 November 2025 – 08:47 Central Euro Time](https://demeadville.com/27-november-2025-0847-central-euro-time/) - 'Tis a BEGOS Market's two-day session for Friday settlement, with trading halts later today and early closures tomorrow. At present, we've Silver above its Neutral Zone and having traded as high as 54.43 as it nears its all-time high (basis March) of 55.06; below today's Neutral Zone is Copper, and overall session volatility thus far
- [26 November 2025 – 08:39 Central Euro Time](https://demeadville.com/26-november-2025-0839-central-euro-time/) - Both the Swiss Franc and Silver are presently above their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and session volatility is light-to-moderate. By Market Rhythms for pure swing consistency, our Top Three on a 10-test basis are the Euro's 4hr MACD, Silver's 4hr Parabolics, and Gold's 12hr Moneyflow;
- [25 November 2025 – 08:39 Central Euro Time](https://demeadville.com/25-november-2025-0839-central-euro-time/) - Copper is at present above today's Neutral Zone, whilst below same is Oil; BEGOS Markets' volatility is again light. Gold nicely commenced its new weekly parabolic Short trend by -- as surmised in The Gold Update -- firmly rising yesterday, (albeit that doesn't preclude there not being lower levels in the offing); too, Gold's cac
- [24 November 2025 – 08:40 Central Euro Time](https://demeadville.com/24-november-2025-0840-central-euro-time/) - Presently, all eight BEGOS Markets are within today's Neutral Zones, and session volatility is light. The Gold Update cites price's weekly parabolic trend as having confirmed the anticipated flip from Long-to-Short, but in the context that Short trends within the past two years have had negligible negativity, and thus in hindsight have been buying opportunities.
- [The Gold Update: No. 836 – (22 November 2025) – “Gold's Key Weekly Trend Flips Short”](https://demeadville.com/the-gold-update-no-836-22-november-2025-golds-key-weekly-trend-flips-short/) - The Gold Update by Mark Mead Baillie — 836th & 16th Anniversary Edition — Monte-Carlo — 22 November 2025 (published each Saturday) — www.deMeadville.com “Gold’s Key Weekly Trend Flips Short“ Welcome to the 16th Anniversary Edition of The Gold Update. What began 835 Saturdays ago on 21 November 2009 as a single paragraph and chart for one JGS has since
- [21 November 2025 – 08:34 Central Euro Time](https://demeadville.com/21-november-2025-0834-central-euro-time/) - We've presently the Euro, Swiss Franc and Spoo above their respective Neutral Zones for today, whilst below same are Gold, Silver and Oil; session volatility for the BEGOS Markets is again moderate. Amongst the five primary BEGOS Markets, the best correlation currently is negative between the Bond and the Spoo. The latter thus far today
- [20 November 2025 – 08:38 Central Euro Time](https://demeadville.com/20-november-2025-0838-central-euro-time/) - The Euro is at present below its Neutral Zone for today, whilst above same is the Spoo; session volatility for the BEGOS Markets is moderate. Going 'round the Market Values' horn for the five primary BEGOS components, we've (in real-time) the Bond as -1^08 points "low" vis-à-vis its smooth valuation line, the Euro as -0.009
- [19 November 2025 – 08:45 Central Euro Time](https://demeadville.com/19-november-2025-0845-central-euro-time/) - At present, Silver is the sole BEGOS Market outside (above) its Neutral Zone for today; session volatility is light. Looking at the Top Three Market Rhythms for pure swing constancy, we've (on a 10-test basis) Gold's 12hr Moneyflow, Silver's 30mn Price Oscillator and the Swiss Franc's 1hr Price Oscillator; too, (on a 24-test basis) we've
- [18 November 2025 – 08:50 Central Euro Time](https://demeadville.com/18-november-2025-0850-central-euro-time/) - Gold -- as we've been anticipating -- has provisionally flipped its 17-week parabolic Long trend to Short; confirmation arrives at Friday's settle, (barring price first making a record high above 4398); currently price is 3997 and presently below its Neutral Zone for today, as too are Silver and the Spoo; above same is the Bond,
- [17 November 2025 – 08:43 Central Euro Time](https://demeadville.com/17-november-2025-0843-central-euro-time/) - Silver and the Spoo are presently above today's Neutral Zones, whilst below same is Oil; session volatility for the BEGOS Markets is moving toward moderate. The Gold Update points to Friday's precious metals' price slides as potentially leading to piercing Gold's weekly parabolic Long trend as this week unfolds: the low thus far today is
- [The Gold Update: No. 835 – (15 November 2025) – “Gold Flies, Silver Highs ... Both Into End-of-Week Demise”](https://demeadville.com/the-gold-update-no-835-15-november-2025-gold-flies-silver-highs-both-into-end-of-week-demise/) - The Gold Update by Mark Mead Baillie — 835th Edition — Monte-Carlo — 15 November 2025 (published each Saturday) — www.deMeadville.com “Gold Flies, Silver Highs … Both Into End-of-Week Demise“ Recall from last week’s piece our notion of the prices for both Gold and Silver “basing” rather then succumbing to indications of further downside?“Right, mmb, ’cause your ‘Baby Blues’ of
- [14 November 2025 – 08:45 Central Euro Time](https://demeadville.com/14-november-2025-0845-central-euro-time/) - The Spoo is presently below its Neutral Zone for today, whilst above same is Oil; cac volume for Oil is rolling from December into that for January; session volatility for the BEGOS Markets is moderate, with Oil exceptionally having already traced 128% of its EDTR (see Market Ranges). Yesterday, both the Bond and Spoo respectively
- [13 November 2025 – 08:36 Central Euro Time](https://demeadville.com/13-november-2025-0836-central-euro-time/) - Similar to this past Monday, Gold -- and especially Silver -- recorded very firm trading sessions yesterday: so robust was Silver (+4.2%) that the Gold/Silver ratio was driven down to 78.9x, the lowest reading in better than a year (since 22 Oct '24). However in a 180° turnabout, Oil -- after having seen both its
- [12 November 2025 – 08:34 Central Euro Time](https://demeadville.com/12-november-2025-0834-central-euro-time/) - Copper and the Spoo are at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and session volatility is thus far is mostly light. Looking at Market Rhythms for pure swing consistency, our Top Three on a 10-test basis are the non-BEGOS Yen's 4hr MACD, the Swiss Franc's 15mn Moneyflow
- [11 November 2025 – 08:43 Central Euro Time](https://demeadville.com/11-november-2025-0843-central-euro-time/) - Presently, all eight BEGOS Markets are within their respective Neutral Zones for today, and session volatility is light. Yesterday's firm up moves for the precious metals from their basing processes were sufficient to now find their "Baby Blues" of linreg consistency (see Market Trends) having turned higher in real-time, albeit the actual linreg trends remain
- [10 November 2025 – 08:44 Central Euro Time](https://demeadville.com/10-november-2025-0844-central-euro-time/) - Indications are the StateSide government "shutdown" may be resolved this week; that noted, no regularly scheduled metrics are due for the Econ Baro until Thursday; and since the start of the "shutdown" 45 metrics remain missing. For the BEGOS Markets at this instant, the Bond is below its Neutral Zone for today, whilst above same
- [The Gold Update: No. 834 – (08 November 2025) – “Gold (Yes Really) Records a Third Consecutive Down Week”](https://demeadville.com/the-gold-update-no-834-08-november-2025-gold-yes-really-records-a-third-consecutive-down-week/) - The Gold Update by Mark Mead Baillie — 834th Edition — Monte-Carlo — 08 November 2025 (published each Saturday) — www.deMeadville.com “Gold (Yes Really) Records a Third Consecutive Down Week“ Four weeks ago for the first time ever, Gold settled above 4000, indeed at 4036 on Friday, 10 October. A week hence, Gold bettered that level with a Friday settle
- [The Gold Update: No. 833 – (01 November 2025) – “Gold Furthers Fall as Called”](https://demeadville.com/the-gold-update-no-833-01-november-2025-gold-furthers-fall-as-called/) - The Gold Update by Mark Mead Baillie — 833rd Edition — Monte-Carlo — 01 November 2025 (published each Saturday) — www.deMeadville.com“Gold Furthers Fall as Called“ Through the 44 trading weeks thus far for 2025, Gold therein has recorded a net weekly gain 31 times (70%). Further, for the year’s 13 net losing weeks, never have there been three in-a-row. However,
- [07 November 2025 – 08:53 Central Euro Time](https://demeadville.com/07-november-2025-0853-central-euro-time/) - At present we've the Bond, Euro and Swiss Franc below their respective Neutral Zones for today; above same are Gold, Silver and Oil, and session volatility for the BEGOS Markets is moving toward moderate. Gold, currently 4013, is net "unch" for this week: 'tis the line in the sand to avoid a third straight down
- [06 November 2025 – 08:34 Central Euro Time](https://demeadville.com/06-november-2025-0834-central-euro-time/) - The Euro plus the three element of the Metals Triumvirate are presently above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is light. By Market Trends, linregs are positive for Copper, Oil and the Spoo, and negative for the Bond, Euro, Swiss Franc, Gold and Silver. That noted, yesterday
- [05 November 2025 – 08:39 Central Euro Time](https://demeadville.com/05-november-2025-0839-central-euro-time/) - Both Gold and Silver are at present above today's Neutral Zones, whilst below same is the Spoo; session volatility for the BEGOS Markets is moderate. Whilst higher today, the precious metals' "Baby Blues" of linreg consistency continue to cascade (see Market Trends). Notably by Market Values, Gold finally has fully reverted to its smooth valuation
- [04 November 2025 – 08:48 Central Euro Time](https://demeadville.com/04-november-2025-0848-central-euro-time/) - The Bond is currently above its Neutral Zone for today, whilst below same are Silver, Copper, Oil and the Spoo; BEGOS Markets' volatility is firmly moderate. By Market Trends, Gold's 21-day linreg has rotated to negative; with 3975 thus far today's low, again, should 3901 be penetrated by week's end, the weekly parabolic Long trend
- [03 November 2025 – 08:32 Central Euro Time](https://demeadville.com/03-november-2025-0832-central-euro-time/) - 'Tis a fairly quiet start to November for the BEGOS Markets; presently the Bond is below today's Neutral Zone, whilst above same is Oil; session volatility is light. The Gold Update confirms our expectations for price having had a second consecutive down week; however year-to-date, there've yet to be three negative weeks in-a-row; Gold's "expect
- [31 October 2025 – 08:47 Central Euro Time](https://demeadville.com/31-october-2025-0847-central-euro-time/) - All eight BEGOS Markets are currently within their respective Neutral Zones for today; session volatility is light. It remains the case amongst the five primary BEGOS components that've we've no notable correlations therein. Tomorrow's 833rd consecutive Saturday edition of The Gold Update shall cite price's return back down into the 3000s (as anticipated), albeit 'tis
- [30 October 2025 – 08:45 Central Euro Time](https://demeadville.com/30-october-2025-0845-central-euro-time/) - Presently, Gold is above its Neutral Zone for today, whilst below same is Oil; BEGOS Market's volatility is firmly moderate. Unsurprisingly, the FOMC with little data upon which to decide nonetheless reduced the FedFunds interest rate 25bps to a 3.75%-4.00% target range. Despite yesterday's "unch" session, the S&P 500 is (yet again) extremely "textbook overbought",
- [29 October 2025 – 08:42 Central Euro Time](https://demeadville.com/29-october-2025-0842-central-euro-time/) - Both EuroCurrencies are at present below today's Neutral Zones, as is Oil, whilst above same are the Metals Triumvirate and Spoo, session volatility for the BEGOS Markets is moderate. Gold yesterday traded down to as low as 3901, which as posted on "X" (@deMeadvillePro) was down through the first of three potential "fib" levels, followed
- [28 October 2025 – 08:41 Central Euro Time](https://demeadville.com/28-october-2025-0841-central-euro-time/) - All three elements of the Metals Triumvirate, plus Oil, are at present below today's Neutral Zones; the balance of the BEGOS Markets are within same, and session volatility is mostly moderate. As anticipated in The Gold Update, Gold and Silver continue to correct, the "Baby Blues" of linreg consistency (see Market Trends) furthering their falls
- [27 October 2025 – 08:42 Central Euro Time](https://demeadville.com/27-october-2025-0842-central-euro-time/) - (Note: Europe is now on winter hours). The week gets underway presently finding the Bond, Swiss Franc and Gold below today's Neutral Zones, whilst above same are Copper and the Spoo; BEGOS Markets' volatility is moving toward moderate. The Gold Update sees further near-term downside for price as the "Baby Blues" of linreg consistency (see
- [The Gold Update: No. 832 – (25 October 2025) – “Gold Meme'd Gets Bean'd!”](https://demeadville.com/the-gold-update-no-832-25-october-2025-gold-memed-gets-beand/) - The Gold Update by Mark Mead Baillie — 832nd Edition — Monte-Carlo — 25 October 2025 (published each Saturday) — www.deMeadville.com “Gold Meme’d Gets Bean’d!“ Gold — in having the prior week been “meme’d” — this past week got “bean’d”. And anticipatedly so, for as you by now well know, Gold had gotten — and indeed still is — “ahead
- [24 October 2025 – 08:24 Central Euro Time](https://demeadville.com/24-october-2025-0824-central-euro-time/) - The Euro, Swiss Franc, Gold and Silver are all below today's Neutral Zones; above same are Copper and the Spoo, and session volatility for the BEGOS Markets is light. Gold's "Baby Blues"(see Market Trends) of linreg consistency have provisionally dropped below their key +80% axis such as (upon day's-end confirmation) to then expect lower prices
- [23 October 2025 – 08:49 Central Euro Time](https://demeadville.com/23-october-2025-0849-central-euro-time/) - The Bond, Euro and Swiss Franc are at present below their respective Neutral Zones for today, whilst above same is Oil; session volatility for the BEGOS Markets is moving toward moderate. At Market Trends, Gold's "Baby Blues" of linreg consistency are dropping, but have yet to move below their key +80% (as did Silver's so
- [22 October 2025 – 08:43 Central Euro Time](https://demeadville.com/22-october-2025-0843-central-euro-time/) - The Swiss Franc, Gold, Copper and Oil are presently above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is moderate, albeit Gold already has traced 115% of its EDTR (see Market Ranges). As stated yesterday on "X" (@deMeadvillePro), Gold recorded its largest intraday loss by points in history: -300
- [21 October 2025 – 08:37 Central Euro Time](https://demeadville.com/21-october-2025-0837-central-euro-time/) - None of the BEGOS Markets are presently above today's Neutral Zones; below same are the Euro and the three elements of the Metals Triumvirate; session volatility is mostly moderate. Gold as a "meme stock" has moved excessively above its key valuation levels: currently 4340, Fair Value is 3873 and BEGOS Market Value is 3765; a
- [20 October 2025 – 08:31 Central Euro Time](https://demeadville.com/20-october-2025-0831-central-euro-time/) - Copper is presently above its Neutral Zone for today, whilst Oil is below same; session volatility for the BEGOS Markets is mostly light. The Gold Update likens the yellow metal to trading as a "meme" stock; Gold had similar runs in both 2007/2007 and again in 2011, both of which led to corrections respectively of
- [The Gold Update: No. 831 – (18 October 2025) – “Gold Goes Meme!”](https://demeadville.com/the-gold-update-no-831-18-october-2025-gold-goes-meme/) - The Gold Update by Mark Mead Baillie — 831st Edition — Monte-Carlo — 18 October 2025 (published each Saturday) — www.deMeadville.com“Gold Goes Meme!“ This past Wednesday evening, Gold having surpassed the 4200 level, our doorbell rang. ‘Twas unexpectedly a fine friend whose first four words excitedly were: “I just bought Gold!!”Not wanting to spray a cold spritz on our happy
- [17 October 2025 – 08:45 Central Euro Time](https://demeadville.com/17-october-2025-0845-central-euro-time/) - The Bond, Euro, Swiss Franc and Gold are all at present above their respective Neutral Zones for today; below same are Silver, Copper and the Spoo, (only Oil is within same), and session volatility for the BEGOS Markets is moderate-to-robust. The fragility of the S&P 500 continues, the Spoo notably having lost -132 points in
- [16 October 2025 – 08:41 Central Euro Time](https://demeadville.com/16-october-2025-0841-central-euro-time/) - The Euro, Swiss Franc and Spoo are all presently above today's Neutral Zones; below same is Silver, and BEGOS Markets' volatility is light-to-moderate. In a microcosm of last Friday's S&P plunge, yesterday saw 18 hours worth of Spoo gains then fully evaporate in just four hours: the S&P 500 sellers are quite quick to exit
- [15 October 2025 – 08:44 Central Euro Time](https://demeadville.com/15-october-2025-0844-central-euro-time/) - Save for Oil, all seven other BEGOS Markets are presently above their respective Neutral Zone for today, (Oil being within same), and session volatility is moderate. Concern lies with the S&P's MoneyFlow (see our page thereto) as despite the Index having come off Friday's low, the Flow is net negative, certainly so on our five-day
- [14 October 2025 – 08:35 Central Euro Time](https://demeadville.com/14-october-2025-0835-central-euro-time/) - Gold is the only BEGOS Market at present inside of today's Neutral Zone; above same are the Bond, Euro and Swiss Franc, with the balance below same; session volatility is mostly robust. Gold earlier this morning touched another All-Time High at 4191, but has since given back the sessions. The Spoo's "Baby Blues" (see Market
- [13 October 2025 – 08:31 Central Euro Time](https://demeadville.com/13-october-2025-0831-central-euro-time/) - Gold has tapped yet another All-Time High this morning at 4097; The Gold Update cites price as continuing to look good going forward, but that more immediately 'tis extremely high above its smooth valuation line (in real-time now +391 points "high"; see Market Values); Silver has not followed with an all-time high thus far today.
- [The Gold Update: No. 830 – (11 October 2025) – “Silver's New-Found Sky; Gold's Gut-Punch from High; S&P's Goodbye”](https://demeadville.com/the-gold-update-no-830-11-october-2025-silvers-new-found-sky-golds-gut-punch-from-high-sps-goodbye/) - The Gold Update by Mark Mead Baillie — 830th Edition — Monte-Carlo — 11 October 2025 (published each Saturday) — www.deMeadville.com“Silver’s New-Found Sky; Gold’s Gut-Punch from High; S&P’s Goodbye“ Ya gotta love October. Silver finds fresh sky above 50 even as Gold takes a gut-punch from its new 4081 high, and the S&P at long last says “Goodbye!” Recall our closing query
- [10 October 2025 – 08:38 Central Euro Time](https://demeadville.com/10-october-2025-0838-central-euro-time/) - Presently we've Copper below its Neutral Zone for today, whilst above same is the Spoo; session volatility for the BEGOS Markets is light-to-moderate. Spot Silver has briefly traded above 50, however by CME GLOBEX, yesterday's December cac high was 49.97 -- regardless, an all-time high -- and the high thus far today lower however at
- [09 October 2025 – 08:18 Central Euro Time](https://demeadville.com/09-october-2025-0818-central-euro-time/) - Copper is presently the only BEGOS Market outside (above) its Neutral Zone for today; session volatility is again moderate. Silver yesterday traded above 49 for the first time in better than 14 years; currently 'tis 48.63; Gold traded yesterday to an All-Time High at 4081. Too, the S&P 500 reached a record high 6756, the
- [08 October 2025 – 08:46 Central Euro Time](https://demeadville.com/08-october-2025-0846-central-euro-time/) - Gold, having yesterday achieved 4000, has since risen today to as high as 4059; Silver however has not kept pace, "stuck" to a degree in the 47s and 48s, the Gold/Silver ratio in turn having risen from the 81s to nearly the 84s (its current real-time reading 83.7x). All three elements of the Metal Triumvirate
- [07 October 2025 – 08:45 Central Euro Time](https://demeadville.com/07-october-2025-0845-central-euro-time/) - Gold (by its December "front month" contract) at 00:28 this morning touched 4000 for the first time. Price has since come off and is now inside of today's Neutral Zone (3999-3970), as too are the Bond, Silver Oil and the Spoo; Copper is above its Neutral Zone, and below same are both the Euro and
- [06 October 2025 – 08:39 Central Euro Time](https://demeadville.com/06-october-2025-0839-central-euro-time/) - The Gold Update officially recognizes the yellow metal as having achieved, indeed surpassed, our measure of its Fair Value: congrats to Gold! Presently, both Gold and Silver are higher today, above their Neutral Zones as are Oil and the Spoo; below same are the Bond and EuroCurrencies, and BEGOS Markets volatility is session moderate-to-robust. By
- [The Gold Update: No. 829 – (04 October 2025) – “Gold Achieves Fair Value”](https://demeadville.com/the-gold-update-no-829-04-october-2025-gold-achieves-fair-value/) - The Gold Update by Mark Mead Baillie — 829th Edition — Monte-Carlo — 04 October 2025 (published each Saturday) — www.deMeadville.com“Gold Achieves Fair Value“ If for some inexcusably unconscionable reason you missed Tuesday’s Prescient Commentary and/or our entry on “X” (@deMeadvillePro), we herein repeat same for you stragglers: “Gold at 00:05 GMT this morning reached its Dollar debasement value of
- [03 October 2025 – 08:36 Central Euro Time](https://demeadville.com/03-october-2025-0836-central-euro-time/) - Both Silver and the Spoo are presently above today's Neutral Zones; the balance of the BEGOS Markets are within same, and session volatility is light. Amongst the correlations of our five primary BEGOS components, the best currently is negative between Oil and the Spoo. The S&P 500 continues its streak of being "textbook overbought" now
- [02 October 2025 – 08:41 Central Euro Time](https://demeadville.com/02-october-2025-0841-central-euro-time/) - Copper is at present the only BEGOS Market outside (above) its Neutral Zone for today; session volatility is not quite yet moderate. The "live" (futs-adj'd) P/E of the S&P 500 is 49.8x, the Index recording yet another record high. Gold yesterday found its way also to another All-Time High at 3923. By Market Rhythms for
- [01 October 2025 – 08:33 Central Euro Time](https://demeadville.com/01-october-2025-0833-central-euro-time/) - The Bond, Copper and Spoo are presently below today's Neutral Zones; above same are the Euro and Swiss Franc, and BEGOS Markets' session volatility is moderate. Gold has again set an All-Time High at 3904, and Silver has reached up to 47.83 so far this session. The Spoo's "Baby Blues" (see Market Trends) have dropped
- [30 September 2025 – 08:28 Central Euro Time](https://demeadville.com/30-september-2025-0828-central-euro-time/) - Gold at 00:05 GMT this morning reached its Dollar debasement value of 3865, moving further up to (thus far) as high as 3899; this is the first time since 2011 that price has (as graphically portrayed each Saturday in The Gold Update's Scoreboard) exceeded its Dollar debasement value; the yellow metal is at present the
- [29 September 2025 – 08:38 Central Euro Time](https://demeadville.com/29-september-2025-0838-central-euro-time/) - The week begins finding Gold trading ever closer (its high thus far today 3849) to its Dollar debasement value (3865). At present, every BEGOS Market is higher, with seven of the eight (save for Oil) above their respective Neutral Zones for today; session volatility is moderate-to-robust. The Gold Update notably finds Silver leading the BEGOS
- [The Gold Update: No. 828 – (27 September 2025) – “Gold Furthers Record Ticks; Silver Snags 46!”](https://demeadville.com/the-gold-update-no-828-27-september-2025-gold-furthers-record-ticks-silver-snags-46/) - The Gold Update by Mark Mead Baillie — 828th Edition — Monte-Carlo — 27 September 2025 (published each Saturday) — www.deMeadville.com“Gold Furthers Record Ticks; Silver Snags 46!“ With so much to expend into month n’ quarter end, on to that we’ve prodigiously penned!And straight out of the chute we start with our year-to-date BEGOS Markets Standings, the sweetest component of
- [26 September 2025 – 08:32 Central Euro Time](https://demeadville.com/26-september-2025-0832-central-euro-time/) - Silver presently is the only BEGOS Market outside (below) its Neutral Zone for today; session volatility is again light with August's "Fed-favoured" PCE inflation gauge in the balance. Silver traded yesterday to as high as 45.50, a better than 14-year high: the white metal now easily leads the BEGOS components year-to-date standings as we'll present
- [25 September 2025 – 08:32 Central Euro Time](https://demeadville.com/25-september-2025-0832-central-euro-time/) - Copper, for which yesterday's +4.0% net gain ranked fourth-best year-to-date, is higher again this morning and is the only BEGOS Market presently outside of its Neutral Zone; overall session volatility is again light. The pricing for the Spoo may be quite contained from now to tomorrow's "Fed-favoured" PCE data for August; nonetheless, the S&P 500
- [24 September 2025 – 08:26 Central Euro Time](https://demeadville.com/24-september-2025-0826-central-euro-time/) - Our two EuroCurrencies are the only BEGOS Markets presently outside (both below) today's Neutral Zones; session volatility continues light, and by Market Ranges, save for the two precious metals, EDTRs remain relatively subdued. Our Top Three Market Rhythms for pure swing consistency are on a 10-test basis the Euro's 1hr Moneyflow, the Spoo's 4hr Parabolics,
- [23 September 2025 – 08:50 Central Euro Time](https://demeadville.com/23-september-2025-0850-central-euro-time/) - New highs continue to be recorded for both Gold (3795 thus far today) and the S&P 500 (6699 yesterday). At present, Copper is the sole BEGOS Market outside (below) its Neutral Zone for today, and session volatility to this hour is again light. Silver has today reached thus far up to 44.42, a level last
- [22 September 2025 – 08:42 Central Euro Time](https://demeadville.com/22-september-2025-0842-central-euro-time/) - Gold, Silver and Oil all are presently above today's Neutral Zones; the other BEGOS Markets are within same, and session volatility is light. The Gold Update highlights both the yellow metal and S&P 500 making record highs, albeit prices are quite stretched near-term for Gold and broadly so for the S&P; the P/E of the
- [The Gold Update: No. 827 – (20 September 2025) – “Gold n' S&P Highs for All to See!”](https://demeadville.com/the-gold-update-no-827-20-september-2025-gold-n-sp-highs-for-all-to-see/) - The Gold Update by Mark Mead Baillie — 827th Edition — Monte-Carlo — 20 September 2025 (published each Saturday) — www.deMeadville.com “Gold n’ S&P Highs for All to See!“ For a month which through the last dozen years hardly has been happy for Gold — and certainly century-to-date dreadful for the S&P 500 — let’s hear it here in this
- [19 September 2025 – 08:39 Central Euro Time](https://demeadville.com/19-september-2025-0839-central-euro-time/) - The S&P 500 is at an all-time closing high (6632) following yesterday's all-time intraday high (6657). The Spoo however is weaker this morning (6687) and presently below its Neutral Zone for today, as are the Bond, Swiss Franc and Oil; above same is Silver, and session volatility for the BEGOS Markets is moderate. Amongst the
- [18 September 2025 – 08:41 Central Euro Time](https://demeadville.com/18-september-2025-0841-central-euro-time/) - Moving on from the Fed's "non-event" -25bp Funds rate reduction, we've at present both the Bond and Spoo above today's Neutral Zones, whilst all six of the other BEGOS Markets are below same; session volatility is firmly moderate. Specific to the positioning of the five primary BEGOS components vis-à-vis their Market Values in real-time: the
- [17 September 2025 – 08:37 Central Euro Time](https://demeadville.com/17-september-2025-0837-central-euro-time/) - The Swiss Franc and all three elements of the Metals Triumvirate are presently below today's Neutral Zones; the rest of the BEGOS Markets are within same, and volatility is mostly light. Looking at Market Rhythms for pure swing consistency, on a 10-test basis the Top Three are all for the Spoo as follows: 4hr Parabolics,
- [16 September 2025 – 08:43 Central Euro Time](https://demeadville.com/16-september-2025-0843-central-euro-time/) - The EuroCurrencies and the Spoo are presently above their respective Neutral Zones for today, whilst below same is Copper; volatility is light-to-moderate. To be sure, the Spoo's "Baby Blues" (see Market Trends) are now in a fifth trading day of ascent after having declined (as herein written) the six prior sessions which (save for 02
- [15 September 2025 – 08:42 Central Euro Time](https://demeadville.com/15-september-2025-0842-central-euro-time/) - The Bond begins the week at present below its Neutral Zone for today; Oil is above same, and BEGOS Markets' volatility is light. The Gold Update details the yellow metal having achieved a run in less than one year of ten +100-point milestones, the most recent of course being 3700 this past Tuesday; too is
- [The Gold Update: No. 826 – (13 September 2025) – “Gold Gets the Cash (Ahead of S&P Crash?)”](https://demeadville.com/the-gold-update-no-826-13-september-2025-gold-gets-the-cash-ahead-of-sp-crash/) - The Gold Update by Mark Mead Baillie — 826th Edition — Monte-Carlo — 13 September 2025 (published each Saturday) — www.deMeadville.com“Gold Gets the Cash (Ahead of S&P Crash?)“ Yes, Gold this past Tuesday by its “continuous contract” (for which the “front month” is December) touched 3700 — trading even further to a fresh All-Time High at 3715.No, Gold wasn’t long-lived
- [12 September 2025 – 08:43 Central Euro Time](https://demeadville.com/12-september-2025-0843-central-euro-time/) - Record highs were recorded yesterday for both the Spoo (6600) and the S&P 500 itself (6593), even as retail inflation via headline CPI doubled its pace from from July's +0.2% to now +0.4% for August; the month's core pace was maintained at +0.3%, still ahead of the Fed's desired 2% annualized target. Although September is
- [11 September 2025 – 08:45 Central Euro Time](https://demeadville.com/11-september-2025-0845-central-euro-time/) - The Bond is at present the only BEGOS Market outside (below) its Neutral Zone for today; session volatility is again light. Yesterday's +0.3% gain in the S&P 500 was (by moneyflow regressed into S&P points) solely due to one stock, ORCL, which gained 36%; otherwise, the S&P's breadth was negative (201 up, 301 down, 1
- [10 September 2025 – 08:45 Central Euro Time](https://demeadville.com/10-september-2025-0845-central-euro-time/) - Gold, after achieving yet another All-Time High yesterday (3715) is at present (3681) above its Neutral Zone for today, as is Oil; the balance of the BEGOS Markets are within same, and volatility is light with key inflation data pending these next two days. The S&P 500, whilst not exceeding its all-time intraday high (6533
- [09 September 2025 – 08:51 Central Euro Time](https://demeadville.com/09-september-2025-0851-central-euro-time/) - Oil is at present the only BEGOS Market outside (above) its Neutral Zone for today; session volatility is light. Gold's run of All-Time Highs is furthering itself, trading thus far up to 3699; Silver is lagging in price, albeit is still north of 40 having reached 42.07 in this session, (Monday's high having been 42.36).
- [08 September 2025 – 08:42 Central Euro Time](https://demeadville.com/08-september-2025-0842-central-euro-time/) - Presently, both Copper and Oil are above today's Neutral Zones; none of the other BEGOS Markets are below same, and volatility is moderate. The Gold Update notes yet another All-Time High for the yellow metal (3656) from Friday, price having modestly come off a bit today (3634); however by Market Values, Gold (in real-time) is
- [The Gold Update: No. 825 – (06 September 2025) – “Is Gold (Again) Getting Ahead of Itself?”](https://demeadville.com/the-gold-update-no-825-06-september-2025-is-gold-again-getting-ahead-of-itself/) - The Gold Update by Mark Mead Baillie — 825th Edition — Monte-Carlo — 06 September 2025 (published each Saturday) — www.deMeadville.com“Is Gold (Again) Getting Ahead of Itself?“ Today is 06 September 2025. Do you recall up to where Gold traded on this very date 14 years ago?“On this day in 2011 price reached an all-time high of 1923, right mmb?”Precisely
- [05 September 2025 – 08:25 Central Euro Time](https://demeadville.com/05-september-2025-0825-central-euro-time/) - Basis the Spoo (6527) adjusted for fair value, the S&P 500 would open at an all-time high come 13:30 GMT, given yesterday's poor ADP data "ensuring" a Fed rate cute (17 Sep). At present, the Spoo is above its Neutral Zone for today, as the other BEGOS Markets, save for the Swiss Franc and Oil
- [04 September 2025 – 08:25 Central Euro Time](https://demeadville.com/04-september-2025-0825-central-euro-time/) - Each element of the Metals Triumvirate is presently below today's Neutral Zones; the other BEGOS Markets are within same, and volatility is moderate, noting that Gold -- after having traded yesterday up to another All-Time High at 3640 -- has today already traced 106% of its EDTR (see Market Ranges). Currently 3592, Gold is (in
- [03 September 2025 – 08:20 Central Euro Time](https://demeadville.com/03-september-2025-0820-central-euro-time/) - We've presently the Bond, Copper and Spoo all below their respective Neutral Zones for today; none of the other BEGOS Markets are above same, and volatility is light-to-moderate; watch over the ensuing days our Market Ranges page for EDTRs to expand. The Spoo yesterday recovered the bulk of its intra-session loss; however by Market Trends,
- [02 September 2025 – 08:32 Central Euro Time](https://demeadville.com/02-september-2025-0832-central-euro-time/) - The BEGOS Markets' two-day session continues, Gold having furthered its All-Time High to 3578 and Silver having traded up to one pip below 42.000 at 41.995; also above its Neutral Zone is Oil and the Bond is below same; volatility for the combined two days is largely robust, albeit the Spoo has been the least
- [01 September 2025 – 08:41 Central Euro Time](https://demeadville.com/01-september-2025-0841-central-euro-time/) - Gold starts September with a fresh All-Time High up to 3554; The Gold Update emphasizes Silver's recent run, price this morning up to as high as 41.64. Both precious metals along with Copper, the Euro and Swiss Franc are at present all above today's Neutral Zones; the Bond is below same, and BEGOS Markets' volatility
- [The Gold Update: No. 824 – (30 August 2025) – “Gold Lookin' Sporty; Silver Lovin' Forty!”](https://demeadville.com/the-gold-update-no-824-30-august-2025-gold-lookin-sporty-silver-lovin-forty/) - The Gold Update by Mark Mead Baillie — 824th Edition — Monte-Carlo — 30 August 2025 (published each Saturday) — www.deMeadville.com“Gold Lookin’ Sporty; Silver Lovin’ Forty!“ Absolutely we must start with Sweet Sister Silver. By her “continuous contract” (the front month for which is now December), she attained $40/oz. yesterday for the first time since (deep breath!) 21 September 2011;
- [29 August 2025 – 08:45 Central Euro Time](https://demeadville.com/29-august-2025-0845-central-euro-time/) - At present we've Copper above its Neutral Zone for today; all the other BEGOS Markets are within same, and session volatility is expectedly light ahead of July's PCE data which shall be a key determinant (12:30 GMT) as to the FOMC's 17 September rate decision. A reduced "core" reading of +0.2% ought spike the Spoo
- [28 August 2025 – 08:38 Central Euro Time](https://demeadville.com/28-august-2025-0838-central-euro-time/) - Both the Bond and Silver are presently above today's Neutral Zones; Oil is below same, and BEGOS Markets' volatility is again light. In looking at Market Rhythms for pure swing consistency, our Top Three on a 10-best basis all pertain to the Swiss Franc: its 15mn MACD, 15mn Moneyflow and 30mn Parabolics; on a 24-test
- [27 August 2025 – 08:42 Central Euro Time](https://demeadville.com/27-august-2025-0842-central-euro-time/) - The Euro, Swiss Franc, Gold and Copper are all at present below their respective Neutral Zones for today; none the the other BEGOS Markets are above same, and volatility is light. Yesterday's 27-point gain in the S&P 500 was almost all NVDA (in regressing its moneyflow contribution into S&P points): in other words had the
- [26 August 2025 – 08:40 Central Euro Time](https://demeadville.com/26-august-2025-0840-central-euro-time/) - The Bond at present is the sole BEGOS Market outside (below) today's Neutral Zone; session volatility is moderate, with Gold notably active having already traced 94% of its EDTR (see Market Ranges) before having now returned to its Neutral Zone. The Bond's 21-day linreg trend (see Market Trends) has provisionally rotated from positive to negative,
- [25 August 2025 – 08:17 Central Euro Time](https://demeadville.com/25-august-2025-0817-central-euro-time/) - In commencing the week we've at present both the Bond and Swiss Franc below today's Neutral Zones; the rest of the BEGOS Markets are within same, and session volatility is light. The Gold Update cites the yellow metal having just recorded its narrowest trading week of the year-to-date, even in the euphoria of an "assumed"
- [The Gold Update: No. 823 – (23 August 2025) – “Gold Gains a Little; Dollar Drools Spittle; Powell Non-Committal”](https://demeadville.com/the-gold-update-no-823-23-august-2025-gold-gains-a-little-dollar-drools-spittle-powell-non-committal/) - The Gold Update by Mark Mead Baillie — 823rd Edition — Monte-Carlo — 23 August 2025 (published each Saturday) — www.deMeadville.com“Gold Gains a Little; Dollar Drools Spittle; Powell Non-Committal“ With reference to the above title’s adjective “non-committal”, let’s open with another of our infamous pop quizzes! Ready? In Federal Reserve Chairman Jerome Powell’s address yesterday (Friday) from ever-stunningly magnificent Jackson Hole, how
- [22 August 2025 – 08:28 Central Euro Time](https://demeadville.com/22-august-2025-0828-central-euro-time/) - Presently we find the Euro along with Gold below their respective Neutral Zones for today, the Dollar continuing to get a bid throughout the week; the rest of the BEGOS Markets are within their Neutral Zones, and volatility -- not surprisingly ahead of the FedChair's address (14:00 ET) -- is quite light. Equities may not
- [21 August 2025 – 08:33 Central Euro Time](https://demeadville.com/21-august-2025-0833-central-euro-time/) - Both the Swiss Franc and Gold are presently below today's Neutral Zones; the other BEGOS Markets are within same, and volatility is very light. Despite the S&P 500 having made "lower lows" for three days in a row, the Index nonetheless remains technically "textbook overbought", and obviously by any fundamental yardstick, dangerously overvalued, the fut's-adj
- [20 August 2025 – 08:07 Central Euro Time](https://demeadville.com/20-august-2025-0807-central-euro-time/) - Presently, only the Spoo is outside (below) its Neutral Range for today; volatility for the BEGOS Markets to this time of day remains lights. Ahead of the "Friday Fed", the S&P 500 is seemingly a bit worried of a rate cut not being soon on the table, unless July's PPI spike was a "one-off"; the
- [19 August 2025 – 08:30 Central Euro Time](https://demeadville.com/19-august-2025-0830-central-euro-time/) - Silver is presently the sole BEGOS Market outside (below) its Neutral Zone for today; session volatility is again light, as has become the overall state of the BEGOS components throughout the trading day: first they've been on hold for UKR at White House, then for UKR allies at White House, and next at week's-end for
- [18 August 2025 – 08:31 Central Euro Time](https://demeadville.com/18-august-2025-0831-central-euro-time/) - The week begins with, at present, all eight BEGOS Markets inside their respective Neutral Zones for today; session volatility is light. The Gold Update speaks to its typical "seasonal sluggishness" as we now laze through the Dog Days of August; both the weekly and daily parabolic trends for Gold remain Long, however the latter has
- [The Gold Update: No. 822 – (16 August 2025) – “Gold Sensing Seasonal Sluggishness”](https://demeadville.com/the-gold-update-no-822-16-august-2025-gold-sensing-seasonal-sluggishness/) - The Gold Update by Mark Mead Baillie — 822nd Edition — Monte-Carlo — 16 August 2025 (published each Saturday) — www.deMeadville.com “Gold Sensing Seasonal Sluggishness“ When we blow it, we’re obliged to show it. For after last week’s scintillating song and dance about a “Double Shot of that Golden Love”, Gold this past week succumbed as a fallen dove, now further
- [15 August 2025 – 08:20 Central Euro Time](https://demeadville.com/15-august-2025-0820-central-euro-time/) - Both the Euro and Spoo are at present above today's Neutral Zones; none of the other BEGOS Markets are below same, and volatility is again light. The Spoo has made another all-time high this morning such that should the current area hold, 'twould pull the S&P 500 up to a record high at its open.
- [14 August 2025 – 08:24 Central Euro Time](https://demeadville.com/14-august-2025-0824-central-euro-time/) - At present, all eight BEGOS Markets are within their respective Neutral Zones for today, and session volatility is light. Yesterday, further all-time highs were recorded by both the Spoo (6503) and S&P 500 (6480). By Market Rhythms (10-test basis) our top five for pure swing consistency currently Silver's 4hr MACD, 4hr Parabolics and 1hr Price
- [13 August 2025 – 08:08 Central Euro Time](https://demeadville.com/13-august-2025-0808-central-euro-time/) - All-time highs have been recorded for both the Spoo (6475) and S&P 500 (6447), the latter's "live" futs-adj'd P/E now 47.1x. Presently we've the same BEGOS Markets' status as was the case 'round this time yesterday: Silver is above today's Neutral Zone, whilst the other seven components are within same, and volatility again is quite
- [12 August 2025 – 08:17 Central Euro Time](https://demeadville.com/12-august-2025-0817-central-euro-time/) - Silver is the sole BEGOS Market presently outside (above) its Neutral Zone for today; session volatility is quite light: the largest EDTR (see Market Ranges) tracing to this point indeed being that for Silver at 58%, the average for all the BEGOS components thus far just 29%. At Market Trends, the Bond's "Baby Blues" have
- [11 August 2025 – 08:18 Central Euro Time](https://demeadville.com/11-august-2025-0818-central-euro-time/) - At present we've both the Euro and Swiss Franc above today's Neutral Zones, whilst below same are both Gold and Silver; BEGOS Markets' volatility is light. The Gold Update highlights the weekly parabolic Long trend having now been joined by the daily parabolic Long trend; however Friday's Swiss tariff price spike pierced Gold's upper BollBand,
- [The Gold Update: No. 821 – (09 August 2025) – “Double Shot of that Golden Love”](https://demeadville.com/the-gold-update-no-821-09-august-2025-double-shot-of-that-golden-love/) - The Gold Update by Mark Mead Baillie — 821st Edition — Monte-Carlo — 09 August 2025 (published each Saturday) — www.deMeadville.com “Double Shot of that Golden Love“ Back in ’63, Dick Holler & the Holidays crooned a tune (penned by Don Smith and Cyril Vetter) entitled “Double Shot (Of My Baby’s Love)”. The catchy piece has since been covered ‘twould seem
- [08 August 2025 – 08:25 Central Euro Time](https://demeadville.com/08-august-2025-0825-central-euro-time/) - As expected, Gold confirmed its daily Parabolics flipping to Long per yesterday's close, following which at this morning's open price briefly swiftly spiked from 3488 to 3534, which by the "continuous contract" is a new All-Time High; more of course in tomorrow's 821st consecutive Saturday edition of The Gold Update. For the present, Gold is
- [07 August 2025 – 08:28 Central Euro Time](https://demeadville.com/07-august-2025-0828-central-euro-time/) - Gold, Silver and Oil all are at present above today's Neutral Zones; none of the other BEGOS Markets are below same, and session volatility is light. For the Precious Metals, Gold (3449) is above its most volume-dominant Market Profile supporter (3431), whilst Silver (38.25) is just below its most volume-dominant Market Profile resistor (38.30); on
- [06 August 2025 – 08:28 Central Euro Time](https://demeadville.com/06-august-2025-0828-central-euro-time/) - We've presently both Oil and the Spoo above today's Neutral Zones; the rest of the BEGOS Markets are within same, and volatility is very light, the average EDTR (see Market Ranges) tracing to this point just 26%. At Market Trends, 3 of the 8 BEGOS Components are in 21-day linreg up trends: the Bond and
- [05 August 2025 – 08:18 Central Euro Time](https://demeadville.com/05-august-2025-0818-central-euro-time/) - Both the Euro and Swiss Franc are presently below their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is light. EDTR (see Market Ranges) tracings to this moment range from 47% for the Swiss Franc down to just 10% for Copper. Amongst the five primary BEGOS components,
- [04 August 2025 – 08:20 Central Euro Time](https://demeadville.com/04-august-2025-0820-central-euro-time/) - The Bond, Euro and Swiss Franc are presently below today's Neutral Zones, whilst above same is the Spoo; session volatility for the BEGOS Markets is moderate. The Gold Update reviews the recent turbulence within The Metals Triumvirate, plus assesses if the S&P 500 has at long last reached a significant turning point to substantively lower
- [The Gold Update: No. 820 – (02 August 2025) – “Turbulence in The Metals Triumvirate”](https://demeadville.com/the-gold-update-no-820-02-august-2025-turbulence-in-the-metals-triumvirate/) - The Gold Update by Mark Mead Baillie — 820th Edition — Monte-Carlo — 02 August 2025 (published each Saturday) — www.deMeadville.com “Turbulence in The Metals Triumvirate“ As you studied aficionados of deMeadville well know, we refer to those BEGOS Markets comprising Gold, Silver and Copper as “The Metals Triumvirate”. And lately, turbulent indeed has been its components’ price paths:Gold from 23
- [01 August 2025 – 08:22 Central Euro Time](https://demeadville.com/01-august-2025-0822-central-euro-time/) - The Swiss Franc is the sole BEGOS Market at present outside (below) its Neutral Zone for today; session volatility is light. Although the S&P 500 recorded a third consecutive modest down day yesterday, per our page of the Index's MoneyFlow, such measure remains positively robust, despite our overwhelming sense of a significant correction being nigh.
- [31 July 2025 – 08:26 Central Euro Time](https://demeadville.com/31-july-2025-0826-central-euro-time/) - Copper is further falling this morning: netting a loss yesterday of -18.3% following tariff implications, the red metal is now down an additional -5.1%, obviously below its Neutral Zone for today, as is Oil; above same are the Bond, Euro, Swiss Franc, Gold and the Spoo; BEGOS Markets' volatility is moderate. Going 'round the Market
- [30 July 2025 – 08:29 Central Euro Time](https://demeadville.com/30-july-2025-0829-central-euro-time/) - As was the case 'round this hour yesterday, all eight BEGOS Markets are presently within today's Neutral Zones; volatility is light. By Market Trends, yesterday both Silver and Copper confirmed their "Baby Blues" of trend consistency having fallen below the key +80% such that we anticipate lower prices near-term. Per Market Rhythms for pure swing
- [29 July 2025 – 08:27 Central Euro Time](https://demeadville.com/29-july-2025-0827-central-euro-time/) - All eight BEGOS Markets are at present within their respective Neutral Zones for today, and session volatility is very light with 18 Econ Baro metrics plus the FOMC in the balance of the week. Gold's cac volume is rolling from August into that for December with +57 points of fresh premium. The S&P 500 is
- [28 July 2025 – 08:41 Central Euro Time](https://demeadville.com/28-july-2025-0841-central-euro-time/) - Presently the Euro and Swiss Franc are below today's Neural Zones, whilst above same are both Oil and the Spoo; session volatility for the BEGOS Markets is firmly moderate. The Spoo gapped up some +21 points at the open on tariff resolution: that puts the "live" futs-adj'd P/E at of the S&P at now 47.7x.
- [The Gold Update: No. 819 – (26 July 2025) – “Gold Ends Its Short Spell; But Then Falls Pell-Mell”](https://demeadville.com/the-gold-update-no-819-26-july-2025-gold-ends-its-short-spell-but-then-falls-pell-mell/) - The Gold Update by Mark Mead Baillie — 819th Edition — Monte-Carlo — 26 July 2025 (published each Saturday) — www.deMeadville.com“Gold Ends Its Short Spell; But Then Falls Pell-Mell“ We open with both Good News and Bad News for Gold:The Good News is this past Wednesday at 00:21 GMT, Gold provisionally ended its 10-week parabolic Short spell upon breaking above
- [25 July 2025 – 08:39 Central Euro Time](https://demeadville.com/25-july-2025-0839-central-euro-time/) - Gold is presently below its Neutral Zone for today; the other BEGOS Markets are within same, and again volatility is light. The Spoo continues to make all-time highs, today (to this point) having reached 6421; currently at 6414, accounting for Fair Value (+36) would pull the S&P 500 higher still at its opening to 6378,
- [24 July 2025 – 08:39 Central Euro Time](https://demeadville.com/24-july-2025-0839-central-euro-time/) - Both Gold and Silver are presently below today's Neutral Zones, whilst above same are both Copper and Oil; BEGOS Markets' volatility is light. Currently our best correlation amongst the five primary BEGOS components is positive between the Bond and Gold. We continue to monitor Market Trends' "Baby Blues" for the Spoo which have popped back
- [23 July 2025 – 08:33 Central Euro Time](https://demeadville.com/23-july-2025-0833-central-euro-time/) - Gold's weekly parabolic Short trend has -- after 10 weeks -- provisionally flipped to Long as 3449 traded early on at 00:21 GMT; confirmation comes at Friday's settle, (barring 3123 unlikely trading in the interim). Presently, we've the Bond, Euro and Swiss Franc all below their respective Neutral Zones for today; the other BEGOS Markets
- [22 July 2025 – 08:32 Central Euro Time](https://demeadville.com/22-july-2025-0832-central-euro-time/) - Apologies as there was a delay in getting yesterday's commentary posted; 'tis been resolved and is there now. On to today, our key thought is 'tis amazing that 34 of the past 39 monthly Leading Indicators reports have been negative, the pace of earnings improvement weakening, and yet the S&P 500 is making all-time highs:
- [21 July 2025 – 08:47 Central Euro Time](https://demeadville.com/21-july-2025-0847-central-euro-time/) - Into a light economic data week we go with at present the Bond, Gold and Copper above today's Neutral Zones; none of the other BEGOS Markets are below same, and volatility is pushing toward moderate. The Gold Update describes price as being in a shell these many weeks, the weekly parabolic flip from Short-to-Long now
- [The Gold Update: No. 818 – (19 July 2025) – “Gold Stuck in Its Shell; Here Comes the S&P's Sell”](https://demeadville.com/the-gold-update-no-818-19-july-2025-gold-stuck-in-its-shell-here-comes-the-sps-sell/) - The Gold Update by Mark Mead Baillie — 818th Edition — Monte-Carlo — 19 July 2025 (published each Saturday) — www.deMeadville.com “Gold Stuck in Its Shell; Here Comes the S&P’s Sell“ With Gold’s weekly parabolic trend still Short — uncannily so given there’s not been a wit of substantive price decline throughout — we open with British band Ace from
- [18 July 2025 – 09:21 Central Euro Time](https://demeadville.com/18-july-2025-xxxx-central-euro-time/) - The Euro, Silver and Copper are at present above today's Neutral Zones; the other BEGOS Markets are within same, and volatility is mostly light. The Spoo's "Baby Blues" (see Market Trends) are basically on their key +80% axis: an up day likely keeps the Short signal at bay through today; both the Spoo and S&P
- [17 July 2025 – 08:43 Central Euro Time](https://demeadville.com/17-july-2025-0843-central-euro-time/) - Presently, the Euro, Swiss Franc and Gold all are below today's Neutral Zones; none of the other BEGOS Markets are above same, and session volatility is pushing toward moderate. Amongst the five primary BEGOS components, the best correlation currently is positive between the Bond and Euro. Per yesterday's comment, the Spoo's "Baby Blues" (see Market
- [16 July 2025 – 08:21 Central Euro Time](https://demeadville.com/16-july-2025-0821-central-euro-time/) - Gold is the sole BEGOS Market at present outside (above) today's Neutral Zone; session volatility is very light. Per Market Rhythms, our current leaders for pure swing consistency are (on a 10-test basis) Gold's 6hr Parabolics, and (on a 24-test basis) Oil's 15mn MACD, Gold's 6hr MACD, and the non-BEGOS Yen's 2hr Parabolics. Although both
- [15 July 2025 – 08:25 Central Euro Time](https://demeadville.com/15-july-2025-0825-central-euro-time/) - The Euro, Gold and the Spoo are at present above their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and session volatility is mostly light, save for Gold having traced 52% of its EDTR (see Market Ranges). The Spoo is teasing an all-time high toward 6336: the "live" (futs-adj'd)
- [14 July 2025 – 08:40 Central Euro Time](https://demeadville.com/14-july-2025-0840-central-euro-time/) - The week is off and running with at present the Euro and Spoo below today's Neutral Zones, whilst above same is Silver, the star of The Gold Update; BEGOS Markets' volatility is light-to-moderate. As anticipated, the Swiss Franc's "Baby Blues" (see Market Trends) of linreg consistency confirmed on Friday having fallen beneath their key +80%
- [The Gold Update: No. 817 – (12 July 2025) – “Gold May Be Boring, but Silver is Soaring!”](https://demeadville.com/the-gold-update-no-817-12-july-2025-gold-may-be-boring-but-silver-is-soaring/) - The Gold Update by Mark Mead Baillie — 817th Edition — Monte-Carlo — 12 July 2025 (published each Saturday) — www.deMeadville.com“Gold May Be Boring, but Silver is Soaring!“ “If I may open, mmb, Gold is now +27.7% this year: no way that’s boring…”Admittedly, dear Squire, perhaps a bit exaggerated is our title’s “boring” description for Gold. So far this century,
- [11 July 2025 – 08:38 Central Euro Time](https://demeadville.com/11-july-2025-0838-central-euro-time/) - Both Gold and Silver are at present above today's Neutral Zones, whilst below same are both Copper and the Spoo; volatility is moderate for the BEGOS Markets, save for Oil which has traced but 21% of its EDTR (see Market Ranges). With Friday left in the balance, Gold may be en route to recording its
- [10 July 2025 – 09:22 Central Euro Time](https://demeadville.com/10-july-2025-xxxx-central-euro-time/) - At present all three elements of the Metals Triumvirate are above their respective Neutral Zones for today, whilst below same is the Spoo; BEGOS Markets' volatility is pushing toward moderate. Given the recent hem-n-haw of late, we've no outstanding Market Rhythms for pure swing consistency; however from the "fade" (i.e. "anti-rhythm") category, the best 10-test
- [09 July 2025 – 08:44 Central Euro Time](https://demeadville.com/09-july-2025-0844-central-euro-time/) - Copper yesterday recorded its largest percentage gain from prior close-to-high (+17.8%) so far this century, the day's net gain (+10.1%) ranking third-most. This morning, the red metal is at present +3.3% and 'tis the only BEGOS Market above its Neutral Zone; below same is Gold, and session volatility is mostly light, save for Copper having
- [08 July 2025 – 06:41 Central Euro Time](https://demeadville.com/08-july-2025-0641-central-euro-time/) - Very early on this morning as we go into motion, the Euro, Swiss Franc and Spoo all are at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is light, given the hour. As anticipated, Oil's "Baby Blues" (see Market Trends) of linreg consistency have just slipped below
- [07 July 2025 – 08:47 Central Euro Time](https://demeadville.com/07-july-2025-0847-central-euro-time/) - The two-day (04 and 07 July) trading session continues, now finding Gold, Silver, Copper, Oil and the Spoo all below their respective Neutral Zones; the Bond and EuroCurrencies are within same, and volatility for the BEGOS Markets is moderate albeit Silver has traced 111% of its EDTR (see Market Ranges). The Gold Update depicts the
- [The Gold Update: No. 816 – (05 July 2025) – “Gold's 'Weak' Up Week ... and What We Bespeak”](https://demeadville.com/the-gold-update-no-816-05-july-2025-golds-weak-up-week-and-what-we-bespeak/) - The Gold Update by Mark Mead Baillie — 816th Edition — Monte-Carlo — 05 July 2025 (published each Saturday) — www.deMeadville.com “Gold’s ‘Weak’ Up Week … and What We Bespeak“ Through this year’s 27 trading weeks-to-date, the most recent one for Gold posted a unique set of parameters not yet recorded during 2025. Ready?Gold’s high for the week (3377) was
- [04 July 2025 – 08:42 Central Euro Time](https://demeadville.com/04-july-2025-0842-central-euro-time/) - The BEGOS Markets commence a two-day session for Monday settlement such as to bridge the gap of the StateSide Holiday. And at present we've the Euro, Swiss Franc and Gold above their respective Neutral Zones, whilst below same are both Copper and the Spoo; session volatility is pushing toward moderate. Gold looks poised to post
- [03 July 2025 – 08:43 Central Euro Time](https://demeadville.com/03-july-2025-0843-central-euro-time/) - At present we've only Silver outside (above) its Neutral Zone for today; BEGOS Markets' volatility is again light. Looking at correlations amongst the five primary BEGOS components, our best currently is positive between the Euro and Spoo, both of which have firmly been relentlessly up month-over-month; indeed at Market Trends, the "Baby Blues" of linreg
- [02 July 2025 – 08:39 Central Euro Time](https://demeadville.com/02-july-2025-0839-central-euro-time/) - The Euro is at present below its Neutral Zone for today whilst above same is the Spoo; session volatility for the BEGOS Markets is light. Gold is leading our Market Rhythms for pure swing consistency: on a 10-test basis is the yellow metal's 6hr MACD; on a 24-test basis are both the 4hr and 8hr
- [01 July 2025 – 08:36 Central Euro Time](https://demeadville.com/01-july-2025-0836-central-euro-time/) - Both Gold and Copper are at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and session volatility is moving toward moderate. At Market Trends, Gold is the sole component in negative linreg, even as price is bouncing a bit; by Market Ranges, Gold's EDTR is now 56 points, (of
- [30 June 2025 – 08:35 Central Euro Time](https://demeadville.com/30-june-2025-0835-central-euro-time/) - This first day of the week and last day of Q2 finds at present Gold, Silver and the Spoo above today's Neutral Zones; the other BEGOS Markets are within same, and volatility is moderate. The Gold Update takes a near-term bearish view, especially given the highly-visible weekly MACD having confirmed a cross to negative, (and
- [The Gold Update: No. 815 – (28 June 2025) – “Gold --> The (Short) Saga Continues...”](https://demeadville.com/the-gold-update-no-815-28-june-2025-gold-the-short-saga-continues/) - The Gold Update by Mark Mead Baillie — 815th Edition — Monte-Carlo — 28 June 2025 (published each Saturday) — www.deMeadville.com “Gold –> The (Short) Saga Continues…“ Amazing, eh? ‘Twas but a week ago we cited Gold having come within just four li’l ol’ points of flipping its weekly parabolic Short trend back to Long had 3480 traded. But it
- [The Gold Update: No. 814 – (21 June 2025) – “Economy Mis-Read by Fed, but Gold's Rally Turning Red?”](https://demeadville.com/the-gold-update-no-814-21-june-2025-economy-mis-read-by-fed-but-golds-rally-turning-red/) - The Gold Update by Mark Mead Baillie — 814th Edition — Monte-Carlo — 21 June 2025 (published each Saturday) — www.deMeadville.com“Economy Mis-Read by Fed, but Gold’s Rally Turning Red?“ Let’s celebrate today’s Summer Solstice (02:42 GMT) with the first sentence from The Federal Open Market Committee’s Policy Statement dated this past Wednesday, 18 June:“Although swings in net exports have affected
- [27 June 2025 – 08:48 Central Euro Time](https://demeadville.com/27-june-2025-0848-central-euro-time/) - Gold is the sole BEGOS Market at present outside (below) its Neutral Zone for today; session volatility is light. As we look toward tomorrow's 815th consecutive Saturday edition of The Gold Update, the yellow metal looks to continue its weekly parabolic Short trend, even as price is higher (3299) than when it began (3220); too
- [26 June 2025 – 08:47 Central Euro Time](https://demeadville.com/26-june-2025-0847-central-euro-time/) - As was the case at this time yesterday, all eight BEGOS Markets are within today's Neutral Zones; session volatility, whilst light, is rangier than 'twas 24 hours ago. Seems "all are waiting" for tomorrow's "Fed-favoured" inflation data via May's PCE. At Market Rhythms, we note on the 24-test basis the pure swing consistency of late
- [25 June 2025 – 08:44 Central Euro Time](https://demeadville.com/25-june-2025-0844-central-euro-time/) - The BEGOS Markets are comparatively quiet across the board given the recent events/ceasefire in the Mid-East: at present, all eight components are within today's Neutral Ranges and volatility is very light, the average EDTR (see Market Ranges) tracing just 24% to this point. Going 'round the Market Values horn for the five primary components, there
- [24 June 2025 – 08:36 Central Euro Time](https://demeadville.com/24-june-2025-0836-central-euro-time/) - Concerns over the Mid-East conflict have basically been absorbed by the BEGOS Markets as a "ceasefire" comes to the fore. The Euro, Swiss Franc and Spoo are at present above their respective Neutral Zones for today, whilst below same are both Gold and Oil; session volatility is firmly moderate. From yesterday's Oil high of 78.40
- [23 June 2025 – 08:21 Central Euro Time](https://demeadville.com/23-june-2025-0821-central-euro-time/) - Some five hours following release of The Gold Update came the States' sortie over IRN; however, to look this morning at the BEGOS Markets, they appear as a fairly normal start to the week, save for volatility being moderate-to-robust; Oil is the only component at present outside (above) its Neutral Zone for today, currently +1.4%;
- [The Gold Update: No. 813 – (14 June 2025) – “Gold's Short Strut Has Been Anything But”](https://demeadville.com/the-gold-update-no-813-14-june-2025-golds-short-strut-has-been-anything-but/) - The Gold Update by Mark Mead Baillie — 813th Edition — Monte-Carlo — 14 June 2025 (published each Saturday) — www.deMeadville.com “Gold’s Short Strut Has Been Anything But“ Gold’s (yes still) ongoing weekly parabolic Short trend was initially triggered on Monday, 12 May upon price trading down through 3243 (at 07:23 GMT). ‘Twas confirmed by that week’s end, price opening
- [20 June 2025 – 08:42 Central Euro Time](https://demeadville.com/20-june-2025-0842-central-euro-time/) - The two-day session continues, at present finding the Bond, Euro and Swiss Franc above their Neutral Zones and all three elements of the Metals Triumvirate below same; volatility (as is typical in accounting for two days) is mostly robust. The Spoo yesterday traded below its "low if a down day" (5979), price having since rebounded
- [19 June 2025 – 08:47 Central Euro Time](https://demeadville.com/19-june-2025-0847-central-euro-time/) - Given the StateSide holiday, 'tis a two-day session for the BEGOS Markets with settlement on Friday. At present, we've the the two EuroCurrencies, Metals Triumvirate and Spoo all below their respective Neutral Zones for today, whilst above same is Oil; volatility thus far is moderate, the largest EDTR (see Market Ranges) tracer being Gold at
- [18 June 2025 – 08:34 Central Euro Time](https://demeadville.com/18-june-2025-0834-central-euro-time/) - At present we've the Euro, Silver and Copper above today's Neutral Zones, whilst below same is Oil; session volatility for the BEGOS Markets is mostly light, the largest EDTR (see Market Ranges) tracing to this point being 50% for both Gold and Copper. Specific to the red metal, Copper's "Baby Blues" (see Market Trends) continue
- [17 June 2025 – 08:37 Central Euro Time](https://demeadville.com/17-june-2025-0837-central-euro-time/) - As internally texted last evening, the markets appear to have "priced-in" the Mid-East conflict and now are "on hold" ahead of the Fed on Wednesday: at present, seven of the eight BEGOS Markets are within their respective Neutral Zones for today (Silver being just a tad above same), and session volatility is light-to-moderate. At Market
- [16 June 2025 – 08:32 Central Euro Time](https://demeadville.com/16-june-2025-0832-central-euro-time/) - Despite Mid-East turmoil, the BEGOS Markets by change appear rather disinterested. Both the Bond and Gold are at present below today's Neutral Zones, whilst above same are both Copper and the Spoo; session volatility however is moderate-to-robust, primarily as Oil spiked higher at the open to 75.50 but since retreated to now 71.78. The Gold
- [13 June 2025 – 08:29 Central Euro Time](https://demeadville.com/13-june-2025-0829-central-euro-time/) - The overnight Mid-East offensive has made robust the volatility of the BEGOS Markets: notable movers are Oil having traced 443% of its EDTR (see Market Ranges), the Spoo 156%, the Euro 113% and Gold 109%. Presently above today's Neutral Zones are the Bond, Gold and Oil, whilst below same are the Euro, Copper and the
- [12 June 2025 – 08:33 Central Euro Time](https://demeadville.com/12-june-2025-0833-central-euro-time/) - Presently, the Euro and Swiss Franc are above today's Neutral Zones, whilst below same is Oil; BEGOS Markets' volatility is mostly moderate. At Market Trends, all eight components are in positive 21-day linreg, which reflects the downturn in the Dollar Index from 100.840 a month ago to now 98.360. However, going 'round the Market Values
- [11 June 2025 – 08:42 Central Euro Time](https://demeadville.com/11-june-2025-0842-central-euro-time/) - All eight BEGOS Markets are presently within their respective Neutral Zones for today and session volatility is light. Looking at Market Rhythms on a 10-test basis the current leaders are the Spoo's 12hr Parabolics and Gold's 6hr MACD; on a 24-test basis we've (yet again) the non-BEGOS Yen's daily Price Oscillator, plus the Euros 2hr
- [10 June 2025 – 08:42 Central Euro Time](https://demeadville.com/10-june-2025-0842-central-euro-time/) - Silver is the sole BEGOS Market at present outside (below) its Neutral Range for today; session volatility is pushing toward moderate, following a fairly narrow day yesterday; indeed by Market Ranges, all eight BEGOS components have seen plunging EDTRs over the last month. At Market Trends, only the Bond is in negative linreg, however 'tis
- [09 June 2025 – 08:37 Central Euro Time](https://demeadville.com/09-june-2025-0837-central-euro-time/) - The Euro, Swiss Franc and Silver are all at present above today's Neutral Zones; none of the other BEGOS Markets are below same, and session volatility is light. The Gold Update highlights Silver's +9.4% net gain for last week, whereas that for Gold was just +0.5%; and yet with the Gold/Silver ratio now 91.9x, relative
- [The Gold Update: No. 812 – (07 June 2025) – “Gold Lies Low Whilst Silver Steals the Show”](https://demeadville.com/the-gold-update-no-812-07-june-2025-gold-lies-low-whilst-silver-steals-the-show/) - The Gold Update by Mark Mead Baillie — 812th Edition — Monte-Carlo — 07 June 2025 (published each Saturday) — www.deMeadville.com “Gold Lies Low Whilst Silver Steals the Show“ We simply must start with the spotlight on Silver: Sweet Sister Silver! As if shot out of a cannon this past Monday, Silver swiftly soared, by Wednesday reaching 36.27 — a
- [06 June 2025 – 08:30 Central Euro Time](https://demeadville.com/06-june-2025-0830-central-euro-time/) - Into week's end finds Silver -- having yesterday made a 13-year high -- at present above its Neutral Zone for today as is the Spoo, whilst below same is the Swiss Franc; BEGOS Markets' volatility is light. And yes, despite the Spoo being higher, its "Baby Blues" of linreg consistency (see Market Trends) are lower
- [05 June 2025 – 08:37 Central Euro Time](https://demeadville.com/05-june-2025-0837-central-euro-time/) - As was the case at this point yesterday, all eight BEGOS Markets are within today's Neutral Zones; session volatility is very light. The fallout continues in the Spoo's "Baby Blues" of trend consistency such that we still anticipate (as first mentioned back on 26 May) a near-term move down into the lower 5700s/5600s, whereas presently
- [04 June 2025 – 08:41 Central Euro Time](https://demeadville.com/04-june-2025-0841-central-euro-time/) - Presently, all eight BEGOS Markets are within today's Neutral Zones and volatility is light. In assessing the best Market Rhythms for pure swing consistency: on a 10-test basis we've Gold's 6hr MACD, the Euro's 1hr MACD, and the Bond's 12hr Parabolics; for the 24-test basis the leaders are the non-BEGOS Yen's daily Price Oscillator and
- [03 June 2025 – 08:35 Central Euro Time](https://demeadville.com/03-june-2025-0835-central-euro-time/) - Following a sharp up day for the Metals Triumvirate, all three elements are at present below their respective Neutral Zones for today, as is the Spoo; the balance of the BEGOS Markets are within same, and volatility is again moderate. At Market Trends, the Spoo's "Baby Blues" are yet again further falling as the linreg
- [02 June 2025 – 08:34 Central Euro Time](https://demeadville.com/02-june-2025-0834-central-euro-time/) - The sole BEGOS Market at present within today's Neutral Zone is the Bond; below same is the Spoo and the balance of the bunch are above same; session volatility is moderate, and Copper notably already has traced 125% of its EDTR (see Market Ranges). The Gold Update sees price as having been more in a
- [The Gold Update: No. 811 – (31 May 2025) – “Gold Doesn't Fall So Much As Stall”](https://demeadville.com/the-gold-update-no-811-31-may-2025-gold-doesnt-fall-so-much-as-stall/) - The Gold Update by Mark Mead Baillie — 811th Edition — Monte-Carlo — 31 May 2025 (published each Saturday) — www.deMeadville.com“Gold Doesn’t Fall So Much As Stall“ Is Gold in a weekly parabolic Short trend? Yes. Indeed, have four of the past six weeks been net down for Gold? Yes. Including this last one? Yes. Even with +27 points of
- [30 May 2025 – 08:29 Central Euro Time](https://demeadville.com/30-may-2025-0829-central-euro-time/) - The Euro, Gold and Silver are presently below their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is light. Gold -- barring turning 'round into an up day -- is en route to recording a fourth down week in the last six, albeit price hasn't (yet?) materially
- [29 May 2025 – 08:38 Central Euro Time](https://demeadville.com/29-may-2025-0838-central-euro-time/) - The Bond, Euro and Swiss Franc all are at present below today's Neutral Zones, whilst above same are Silver, Oil and the Spoo; session volatility is moderate-to-robust, the Spoo notably having already traced 103% of its EDTR (see Market Ranges). By Market Values, the Spoo (in real-time) is now +449 points above its smooth valuation
- [28 May 2025 – 08:32 Central Euro Time](https://demeadville.com/28-may-2025-0832-central-euro-time/) - Both the Euro and Copper are at present below today's Neutral Zones; the balance of the BEGOS Markets are within same, and session volatility is light. Gold is picking up +27 points of fresh premium as the cac volume rolls from June into that for August; too, the Bond's cac volume is moving from June
- [27 May 2025 – 08:30 Central Euro Time](https://demeadville.com/27-may-2025-0830-central-euro-time/) - The two-day GLOBEX/BEGOS Markets' session continues, now finding the Bond, Euro and Spoo above their respective Neutral Zones, whilst below same are Gold and Copper; session volatility is firmly moderate, the Bond notably having traced 119% of its EDTR (see Market Ranges). By Market Trends, three are sporting positive linregs: Silver, Oil and the Spoo;
- [26 May 2025 – 08:41 Central Euro Time](https://demeadville.com/26-may-2025-0841-central-euro-time/) - The StateSide holiday elicits a two-day session (with Tuesday settle) for the GLOBEX/BEGOS Markets. Thus far we've both the Bond and Gold below today's Neutral Zones, whilst above same are both the Euro and Spoo; session volatility is mostly moderate. The Gold Update cites the very firm week (+4.8%) for the yellow metal, however reminds
- [The Gold Update: No. 810 – (24 May 2025) – “Gold's Bull Snorts and Boffs the Shorts”](https://demeadville.com/the-gold-update-no-810-24-may-2025-golds-bull-snorts-and-boffs-the-shorts/) - The Gold Update by Mark Mead Baillie — 810th Edition — Monte-Carlo — 24 May 2025 (published each Saturday) — www.deMeadville.com “Gold’s Bull Snorts and Boffs the Shorts“ Assuming one is a Gold Bull, this past week was as good as it gets after having commenced a new parabolic Short trend: instead of declining, Gold posted a weekly gain of
- [23 May 2025 – 08:33 Central Euro Time](https://demeadville.com/23-may-2025-0833-central-euro-time/) - At present the Euro, Swiss Franc, Gold and Silver are above today's Neutral Zones, while below same is the Spoo; session volatility for the BEGOS Markets is light. Gold -- currently in the first week of its fresh parabolic Short trend -- had seen its daily parabolics flip to Short effective 01 May: yesterday that
- [22 May 2025 – 08:34 Central Euro Time](https://demeadville.com/22-may-2025-0834-central-euro-time/) - Both Gold and Copper are at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and session volatility is moving toward moderate. Topping Market Rhythms for pure swing consistency we've (on a 10-test basis) both the non-BEGOS Yen's 1hr Price Oscillator and 1hr EMA (the Yen now higher for an
- [21 May 2025 – 08:22 Central Euro Time](https://demeadville.com/21-may-2025-0822-central-euro-time/) - Gold, despite its now being in a weekly parabolic Short trend, nonetheless is having a very firm week thus far, currently +108 points from last Friday's settle; the yellow metal for today is at present above its Neutral Zone, as too are the Euro, Swiss Franc and Oil; below same are both the Bond and
- [20 May 2025 – 08:38 Central Euro Time](https://demeadville.com/20-may-2025-0838-central-euro-time/) - The "life-cycle" of the Moody's StateSide debt downgrade was short-lived, the S&P 500 concluding yesterday in the black: the Index is now 16 consecutive trading days "textbook overbought" and the Spoo in real-time +497 points above its smooth valuation line, even as at present the Spoo along with Gold and Copper are below today's Neutral
- [19 May 2025 – 08:43 Central Euro Time](https://demeadville.com/19-may-2025-0843-central-euro-time/) - The Bond, Oil and Spoo are all at present below their respective Neutral Zones for today, whilst above same are the Euro, Swiss Franc, Gold and Silver; BEGOS Market's volatility is pushing toward moderate. The Gold Update points to the yellow metal's weekly parabolic trend having flipped from Long-to-Short, with 2973-2844 as a support zone
- [The Gold Update: No. 809 – (17 May 2025) – “As Expected, Gold Rejected”](https://demeadville.com/the-gold-update-no-809-17-may-2025-as-expected-gold-rejected/) - The Gold Update by Mark Mead Baillie — 809th Edition — Monte-Carlo — 17 May 2025 (published each Saturday) — www.deMeadville.com “As Expected, Gold Rejected“ Per our post on ‘X’ (@deMeadvillePro) this past Monday, Gold’s weekly parabolic trend provisionally flipped from Long-to-Short, and was so confirmed by the week’s settle yesterday (Friday) at 3205, a full -305 points (-8.7%) below
- [16 May 2025 – 08:39 Central Euro Time](https://demeadville.com/16-may-2025-0839-central-euro-time/) - Into week's end we've at present the Bond, Euro and Swiss Franc above today's Neutral Zones, whilst below same are both Gold and Silver; BEGOS Markets' volatility is light. Of note by Market Ranges, Gold's EDTR is 89 points (vs. 35 a year ago) whilst that for Silver is 0.88 points (not that far from
- [15 May 2025 – 08:25 Central Euro Time](https://demeadville.com/15-may-2025-0825-central-euro-time/) - Both the Euro and Swiss Franc are at present above today's Neutral Zones, whilst below same are Gold, Silver, Oil and the Spoo; session volatility for the BEGOS Markets is pushing toward moderate. Gold confirmed a negative crossing of its smooth valuation line (see Market Values): this is of course a Short signal, albeit as
- [14 May 2025 – 08:46 Central Euro Time](https://demeadville.com/14-may-2025-0846-central-euro-time/) - Both Gold and Silver are at present below today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is quite light. Gold has nearly closed the long-running deviation above its smooth valuation line (see Market Values): in real-time, price is now just +10 points over the line, after having been as
- [The Gold Update: No. 808 – (10 May 2025) – “Gold Regains Ground (albeit Stumbles Around...)”](https://demeadville.com/the-gold-update-no-808-10-may-2025-gold-regains-ground-albeit-stumbles-around/) - The Gold Update by Mark Mead Baillie — 808th Edition — Monte-Carlo — 10 May 2025 (published each Saturday) — www.deMeadville.com“Gold Regains Ground (albeit Stumbles Around…)“ Our missive’s title is ever so suitable for parsing… So let’s go!Part Un: “Gold Regains Ground” for indeed it did in settling yesterday (Friday) at 3329 for a net weekly rise of +82 points (+2.5%).
- [13 May 2025 – 08:34 Central Euro Time](https://demeadville.com/13-may-2025-0834-central-euro-time/) - As posted yesterday on 'X', Gold's weekly parabolic trend has provisionally flipped from Long-to-Short; barring Gold improbably making an All-Time High this week (above 3510), the new Short trend shall confirm upon Friday's settle. At present, both Gold and Silver, along with the Euro and Swiss Franc are above their respective Neutral Zones for today,
- [12 May 2025 – 08:39 Central Euro Time](https://demeadville.com/12-may-2025-0839-central-euro-time/) - Copper is the sole BEGOS Market at present within its Neutral Zone for today; below same are the Bond, Euro, Swiss Franc, and Gold, whilst above same are Silver, Oil and the Spoo; volatility is mostly moderate. The Gold Update gives evidence to the yellow metal's great rally potentially having run out of puff: purported
- [09 May 2025 – 08:42 Central Euro Time](https://demeadville.com/09-may-2025-0842-central-euro-time/) - Into week's end we've at present Gold above its Neutral Zone for today and Copper below same; session volatility for the BEGOS Markets is pushing toward moderate. At Market Trends, our "Baby Blues" of linreg consistency are falling for all eight BEGOS components, albeit the only two currently with actual declining trends are the Swiss
- [08 May 2025 – 08:20 Central Euro Time](https://demeadville.com/08-may-2025-0820-central-euro-time/) - The Swiss Franc is at present below its Neutral Zone for today, whilst above same are Silver, Copper, Oil and the Spoo; BEGOS Markets' volatility is light-to-moderate. Amongst correlations of the five primary BEGOS components, that for Gold is notably positive with the Euro, however negatively so with the Spoo. Oil's 12hr MACD embarked on
- [07 May 2025 – 08:26 Central Euro Time](https://demeadville.com/07-may-2025-0826-central-euro-time/) - The Swiss Franc, Gold and Copper are all presently below today's Neutral Zones, whilst above same are both Oil and the Spoo; session volatility for the BEGOS Markets to this hour continues as moderate. Looking at Market Rhythms at those currently displaying the best pure swing consistency: on a 10-test basis we've the Spoo's 12hr
- [06 May 2025 – 08:43 Central Euro Time](https://demeadville.com/06-may-2025-0843-central-euro-time/) - Both the Bond and Swiss Franc are at present below their Neutral Zones for today; above same are Gold, Silver and Oil, and BEGOS Markets' volatility is yet again moderate to this point of the session. Gold has gained some +130 points since our querying (at 3247) about its great run being done: presently 3371,
- [05 May 2025 – 08:38 Central Euro Time](https://demeadville.com/05-may-2025-0838-central-euro-time/) - The Euro, Gold and Silver are all at present above today's Neutral Zones; below same is the Spoo, and volatility for the BEGOS Markets is again moderate. The Gold Update queries as to the yellow metal's great run being done (for now): price is within a day's range of flipping the weekly parabolic trend from
- [The Gold Update: No. 807 – (03 May 2025) – “Is Gold's Great Run Finally Done (for now...)?”](https://demeadville.com/the-gold-update-no-807-03-may-2025-is-golds-great-run-finally-done-for-now/) - The Gold Update by Mark Mead Baillie — 807th Edition — Monte-Carlo — 03 May 2025 (published each Saturday) — www.deMeadville.com “Is Gold’s Great Run Finally Done (for now…)?“ Apropos of this missive’s title — and with the year’s first quadrimester (plus two May trading days) already in the books — let’s start with another of our infamous Gold Quizzes. Ready?In settling
- [02 May 2025 – 08:38 Central Euro Time](https://demeadville.com/02-may-2025-0838-central-euro-time/) - Save for the Bond which at present is inside its Neutral Zone for today, the seven other BEGOS Markets are above same; session volatility is moderate. Going 'round the Market Values horn in real-time for the five primary BEGOS components: the Bond shows as essentially on its smooth valuation line, the Euro as +0.0393 points
- [01 May 2025 – 08:42 Central Euro Time](https://demeadville.com/01-may-2025-0842-central-euro-time/) - The Euro, Gold and Silver are all at present below their respective Neutral Zones for today; above same is Copper, and session volatility for the BEGOS Markets is light-to-moderate. Indeed, the Euro's "Baby Blues" (see Market Trends) of trend consistency confirmed crossing below the +80%; we're anticipating the low 1.12s from here, perhaps even the
- [30 April 2025 – 08:12 Central Euro Time](https://demeadville.com/30-april-2025-0812-central-euro-time/) - The year's first quadrimester concludes with significant input for the Econ Baro: nine metrics come due, amongst which are April's ADP Employment data and the Chi PMI, March's "Fed-favoured" PCE report along with Personal Income/Spending and Pending Home Sales, plus the first peek at Q1's GDP along with the Employment Cost Index. Ahead of it
- [29 April 2025 – 08:38 Central Euro Time](https://demeadville.com/29-april-2025-0838-central-euro-time/) - The Euro, Swiss Franc and Gold are all at present below today's Neutral Zones; the other five BEGOS Markets are within same, and volatility is light. The S&P 500 (5529) has returned to being "textbook overbought" for the first time since 20 February (then 6118); indeed the Spoo -- which had been below its smooth
- [28 April 2025 – 08:37 Central Euro Time](https://demeadville.com/28-april-2025-0837-central-euro-time/) - At present, the Swiss Franc plus all three elements of the Metals Triumvirate are below today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility to begin the week is mostly light. The Gold Update continues to cite price's near-term over-valuation; however with Gold down today, by Market Values, price --
- [The Gold Update: No. 806 – (26 April 2025) – “Gold Morphs into a Meme Stock”](https://demeadville.com/the-gold-update-no-806-26-april-2025-gold-morphs-into-a-meme-stock/) - The Gold Update by Mark Mead Baillie — 806th Edition — Monte-Carlo — 26 April 2025 (published each Saturday) — www.deMeadville.com “Gold Morphs into a Meme Stock“ Remember this ol’ tagline from the ’70s? “When E.F. Hutton talks, people listen!”Fast-forward to today and ’tis “When Goldman talks, people pile on!” For the Morgans et alia, too, the same holds true.Far
- [25 April 2025 – 08:31 Central Euro Time](https://demeadville.com/25-april-2025-0831-central-euro-time/) - The elements of the EuroCurrencies and Metals Triumvirate all are at present below today's Neutral Zones; above same is the Bond, and BEGOS Markets' volatility is light-to-moderate. Our current leaders of Market Rhythms for pure swing consistency are on a 10-test basis: the Spoo's 4hr Moneyflow and 12hr Parabolics, Gold's 2hr Parabolics, the Swiss Franc's
- [24 April 2025 – 08:28 Central Euro Time](https://demeadville.com/24-april-2025-0828-central-euro-time/) - Gold high-to-low this week has thus far dropped -239 points (-6.8%), albeit in real-time (now at 3328) 'tis still priced +307 points above its smooth valuation line (see Market Values). As for the BEGOS Markets at large, we've at present Gold along with the Euro and Swiss Franc above their respective Neutral Zones for today,
- [23 April 2025 – 08:34 Central Euro Time](https://demeadville.com/23-april-2025-0834-central-euro-time/) - Gold, after having made another All-Time High yesterday at 3510, has since dropped as much as -194 points in essentially 24 hours to 3316; current price is 3333, which is below today's Neutral Zone as are both the Euro and Swiss Franc; above same are the Bond, Copper, Oil and Spoo; BEGOS Markets' volatility is
- [22 April 2025 – 08:21 Central Euro Time](https://demeadville.com/21-april-2025-0821-central-euro-time/) - Another day, another century mark for Gold, price having eclipsed the 3500 level: by Market Values, the yellow metal in real-time is +501 points above its smooth BEGOS valuation line. Copper, too is above today's Neutral Zone, whereas the balance of the BEGOS Markets are within same; volatility is mostly light, save for Gold having
- [21 April 2025 – 08:46 Central Euro Time](https://demeadville.com/21-april-2025-0846-central-euro-time/) - EuroSide the long weekend continues, however StateSide 'tis back to business as usual with the BEGOS Markets on the move: at present above today's Neutral Zones are the EuroCurrencies and Metals Triumvirate whilst below same are both the Bond and Spoo; session volatility is firmly moderate. Indeed Gold is soaring this morning, currently +61 points
- [The Gold Update: No. 805 – (19 April 2025) – “So if -- as We're Told -- 'Everybody's' Buying Gold...”](https://demeadville.com/the-gold-update-no-805-19-april-2025-so-if-as-were-told-everybodys-buying-gold/) - The Gold Update by Mark Mead Baillie — 805th Edition — Monte-Carlo — 19 April 2025 (published each Saturday) — www.deMeadville.com“So if — as We’re Told — ‘Everybody’s’ Buying Gold…“ …does it not stand to reason that “Everybody’s” selling Gold? After all, for every ounce bought, it must be sold to the buyer, non? ‘Tis merely the agreed-upon hitting of
- [18 April 2025 – 08:49 Central Euro Time](https://demeadville.com/18-april-2025-0849-central-euro-time/) - The BEGOS Markets and many global exchanges are closed as the long weekend begins. Just a few notes: the S&P 500 now at 5283 is now -14.1% below its all-time high of 6147, and is "textbook oversold" through the past 11 trading days; the P/E however remains perilously high at 39.2x, even as Q1 Earnings
- [17 April 2025 – 08:44 Central Euro Time](https://demeadville.com/17-april-2025-0844-central-euro-time/) - This week's final trading day finds at present the Euro, Swiss Franc, Gold and Copper below the day's Neutral Zones, whilst above same is the Spoo; BEGOS Markets' volatility is light-to-moderate. Gold has recorded yet another All-Time High, thus far today reaching up to 3372: price in real-time is currently +356 points above its smooth
- [16 April 2025 – 08:44 Central Euro Time](https://demeadville.com/16-april-2025-0844-central-euro-time/) - Gold is significantly higher this morning in having made another All-Time High at 3312: price is +1.8% whereas that for Silver is but +0.7%, Copper weighing there -1.2%. Only the Bond and Silver are at present within today's Neutral Zones; above same are the Euro, Swiss Franc and Gold, whilst below same are Copper, Oil
- [15 April 2025 – 08:40 Central Euro Time](https://demeadville.com/15-april-2025-0840-central-euro-time/) - Gold is the sole BEGOS Market at present outside (above) its Neutral Zone; session volatility is very light to this time, although again, EDTRs (see Market Ranges) remain extremely wide: for example, that for the Spoo today is 245 points, (and yes, brokers have been broadcasting full initial margin requirements during recent sessions). Looking at
- [14 April 2025 – 08:51 Central Euro Time](https://demeadville.com/14-april-2025-0851-central-euro-time/) - Gold on Friday tapped our forecast high for this year of 3262 indeed reaching a point higher to the now new All-Time High of 3263, all as detailed in The Gold Update. The abbreviated trading week at present finds both the Euro and Spoo above their respective Neutral Zones for today; the other six BEGOS
- [The Gold Update: No. 804 – (12 April 2025) – “Gold Taps Our Year's Forecast High of 3262”](https://demeadville.com/the-gold-update-no-804-12-april-2025-gold-taps-our-years-forecast-high-of-3262/) - The Gold Update by Mark Mead Baillie — 804th Edition — Monte-Carlo — 12 April 2025 (published each Saturday) — www.deMeadville.com “Gold Taps Our Year’s Forecast High of 3262“ Yesterday (Friday) at 13:33 GMT, June Gold traded at 3262. ‘Tis our forecast high for this year as selected at New Year, and completes the triad of our three Golden Goals
- [11 April 2025 – 08:43 Central Euro Time](https://demeadville.com/11-april-2025-0843-central-euro-time/) - Gold has come quite near to our 3262 forecast high for this year, trading this morning up to 3242 before pulling back; our "high if an up day" for Gold today is 3257, thus 3262 is plausible were there an ensuing price push. Gold is, as is the Euro, at present above its Neutral Zone
- [10 April 2025 – 08:51 Central Euro Time](https://demeadville.com/10-april-2025-0851-central-euro-time/) - Yesterday sported the fourth largest percentage low-to-high run since at least 1980 for the S&P 500: +10.8%. More on "Wacky Wednesday" in next Saturday's 804th edition of The Gold Update. At present, only Gold is above today's Neutral Zone whilst below same are both Copper and Oil; BEGOS Markets' volatility is moderate, again within the
- [09 April 2025 – 08:50 Central Euro Time](https://demeadville.com/09-april-2025-0850-central-euro-time/) - At present, only Oil is within today's Neutral Zone; above same are the EuroCurrencies and Metals Triumvirate, whilst below same are the Bond and Spoo; BEGOS Markets' volatility is moderate-to-robust. By Market Rhythms our best are currently (10-test basis) the non-BEGOS Yen's daily Price Oscillator and Gold's 2hr parabolics; again (on a 24-test basis) we've
- [08 April 2025 – 08:52 Central Euro Time](https://demeadville.com/08-april-2025-0852-central-euro-time/) - The BEGOS Markets at present find the Euro, Swiss Franc, Gold, Oil and the Spoo above their respective Neutral Zones for today; none of the other three components are below same, and volatility is moderate, albeit in the context that EDTRs (see Market Ranges) have substantively widened in recent sessions: for example, a year ago
- [07 April 2025 – 08:45 Central Euro Time](https://demeadville.com/07-april-2025-0845-central-euro-time/) - Selling of equities looks to continue: adjusting the Spoo at present to Fair Value, the S&P 500 (were the StateSide market to open at this instant) would trade sub-5000 for the first time since 25 April a year ago. 'Tis worth noting with the Spoo -4.4%, the -7% "lock limit" would apply at 4740. At
- [The Gold Update: No. 803 – (05 April 2025) – “Gold Comes Off; Stocks Finally Boffed”](https://demeadville.com/the-gold-update-no-803-05-april-2025-gold-comes-off-stocks-finally-boffed/) - The Gold Update by Mark Mead Baillie — 803rd Edition — Monte-Carlo — 05 April 2025 (published each Saturday) — www.deMeadville.com“Gold Comes Off; Stocks Finally Boffed“ Long-time readers of The Gold Update know our favourite final future headline is: “World Ends, Dow +2”, (“The Dow” of course being that Index at which our parents used to look) … except these
- [04 April 2025 – 08:50 Central Euro Time](https://demeadville.com/04-april-2025-0850-central-euro-time/) - Sister Silver suffered the worst yesterday amongst the BEGOS Markets: her -8.8% net loss was the white metal's worst since 11 August 2020; more on the metals and markets in tomorrow's 803rd consecutive Saturday edition of The Gold Update. Following yesterday's beat-down, (save for the Bond and EuroCurrencies), we've at present both the Bond and
- [03 April 2025 – 08:35 Central Euro Time](https://demeadville.com/03-april-2025-0835-central-euro-time/) - The Spoo is presently positioned such that were the S&P 500 to open at this instant, 'twould immediately fall -3.0%; the last time the S&P completed a session down by at least that much was on 13 September 2022 (-4.3%). The Dollar Index is down to its lowest level (102.425) since 09 October. The Bond
- [02 April 2025 – 08:44 Central Euro Time](https://demeadville.com/02-april-2025-0844-central-euro-time/) - The Bond is at present the sole BEGOS Market outside (below) its Neutral Zone for today; session volatility is light. Looking at Market Rhythms for pure swing consistency, on a 10-test basis our best are the non-BEGOS Yen's daily Price Oscillator, both Silver's 8hr Parabolics and 2hr Price Oscillator, plus Copper's 8hr Price Oscillator; on
- [01 April 2025 – 08:38 Central Euro Time](https://demeadville.com/01-april-2025-0838-central-euro-time/) - Gold (basis June) has made yet another All-Time High at 3177, albeit price has now pulled back to presently be within today's Neutral Zone; the only BEGOS Market outside (above) of same is the Bond, and volatility is light-to-moderate. The Bond yesterday pierced up through its Market Magnet, whilst Copper has moved below same; Copper's
- [31 March 2025 – 08:33 Central Euro Time](https://demeadville.com/31-march-2025-0833-central-euro-time/) - The Bond, Gold, Silver and Oil are all above today's Neutral Zones, whilst below same is the Spoo; session volatility is moderate-to-robust, Gold notably already having traced 129% of its EDTR (see Market Ranges). The Gold Update underscores the yellow metal's remarkable rally, yet remains wary for some material degree of pullback to unwind the
- [The Gold Update: No. 802 – (29 March 2025) – “Gold Aware, Stocks Beware”](https://demeadville.com/the-gold-update-no-802-29-march-2025-gold-aware-stocks-beware/) - The Gold Update by Mark Mead Baillie — 802nd Edition — Monte-Carlo — 29 March 2025 (published each Saturday) — www.deMeadville.com “Gold Aware, Stocks Beware“ Well! Can we all say “Gold 3100!” After all, why stop at 3000? For this past Thursday as Gold’s contract volume rolled from April into that for June came +29 points of fresh price premium
- [28 March 2025 – 08:38 Central Euro Time](https://demeadville.com/28-march-2025-0838-central-euro-time/) - Both the Bond and Gold are at present above their respective Neutral Zones for today; none of the other BEGOS Markets are below same, and session volatility is light-to-moderate. Gold has achieved yet another All-Time High this morning, the June cac thus far trading up to 3124: by Market Values, price is (in real-time) +176
- [27 March 2025 – 08:42 Central Euro Time](https://demeadville.com/27-march-2025-0842-central-euro-time/) - At present we've Gold above today's Neutral Zone, whilst Oil is below same, (but not before having yesterday reached up into our low 70s' target area); volatility for the BEGOS Markets is moderate. Gold's cac volume is moving from April into that for June, with +29 points of fresh premium (in turn inducing a "faux"
- [26 March 2025 – 08:41 Central Euro Time](https://demeadville.com/26-march-2025-0841-central-euro-time/) - As was the same case at this time yesterday, Copper is the only BEGOS Market at present outside (above) its Neutral Zone for today; by Market Ranges, the red metal already has traced 125% its EDTR to an all-time high at 5.3740; overall session volatility is otherwise light. For our Market Rhythms on a 10-test
- [25 March 2025 – 08:29 Central Euro Time](https://demeadville.com/25-march-2025-0829-central-euro-time/) - At present, the only BEGOS Market outside (above) today's Neutral Zone is Copper; session volatility is quite light with to this point just an average EDTR (see Market Ranges) tracing of 28%. The Euro yesterday confirmed its "Baby Blues" (see Market Trends) of linreg trend consistency having broken below their key +80% axis, indicative of
- [24 March 2025 – 08:10 Central Euro Time](https://demeadville.com/24-march-2025-0810-central-euro-time/) - The week starts to find the Bond at present below its Neutral Zone for today, whilst above same are the Euro, Silver, Copper and the Spoo; volatility for the BEGOS Markets is light. The Gold Update applauds the yellow metal's wonderful uptrend -- incorporating yet another All-Time High (3065) this past Thursday -- however reiterates
- [The Gold Update: No. 801 – (22 March 2025) – “Gold's Year of the Bid”](https://demeadville.com/the-gold-update-no-801-22-march-2025-golds-year-of-the-bid/) - The Gold Update by Mark Mead Baillie — 801st Edition — Monte-Carlo — 22 March 2025 (published each Saturday) — www.deMeadville.com “Gold’s Year of the Bid“ Thus far in 2025, ’tis been the year of the Gold bid. Folks who are clueless on Gold are abashedly asking about it. “How much is it?” “How do I buy it?” “How much is
- [21 March 2025 – 08:35 Central Euro Time](https://demeadville.com/21-march-2025-0835-central-euro-time/) - When all eight BEGOS Markets are down, we know the Dollar is up; of note across the sea of red, we've the Euro, Swiss Franc, Gold and Silver all at present below their respective Neutral Zones for today; session volatility is moderate. Specific to the Spoo, its "Baby Blues" (see Market Trends) of linreg trend
- [20 March 2025 – 08:47 Central Euro Time](https://demeadville.com/20-march-2025-0847-central-euro-time/) - The Euro at present is below its Neutral Zone for today, whilst above same is the Spoo; session volatility for the BEGOS Markets remains light to this hour. Our best correlation currently amongst the five primary BEGOS components is positive between Oil and the Spoo. The "live" P/E of the S&P 500 has (futs-adj'd) moved
- [19 March 2025 – 08:43 Central Euro Time](https://demeadville.com/19-march-2025-0843-central-euro-time/) - At present, the Euro is below its Neutral Zone for today, whilst above same is Copper; otherwise, BEGOS Markets' volatility is again light to this time of the session. Oil's "Baby Blues" (see Market Trends) confirmed crossing above their -80% axis, so as already noted yesterday with respect to its Market Magnet, we anticipate higher
- [18 March 2025 – 08:50 Central Euro Time](https://demeadville.com/17-march-2025-0850-central-euro-time/) - A day ahead of the Fed, the Econ Baro has of late gone into a skid; to the extent the Fed reacts to fresh data is doubtful such that they likely stand pat as their stance of late is "there is no race to lower rates". For today at present we've Gold, Silver and Oil
- [17 March 2025 – 08:28 Central Euro Time](https://demeadville.com/17-march-2025-0828-central-euro-time/) - The Spoo is the sole BEGOS Market presently outside (below) its Neutral Zone for today; session volatility is light. The Gold Update celebrates its 800th consecutive Saturday edition, still wary of near-term price pullback even as the weekly parabolic trend remains firmly Long; vis-à-vis its smooth valuation line Gold is (in real-time) +123 points "high"
- [The Gold Update: No. 800 – (15 March 2025) – “Beware the Ides of March -- 'Tis Gold Update No. 800!”](https://demeadville.com/the-gold-update-no-800-15-march-2025-beware-the-ides-of-march-tis-gold-update-no-800/) - The Gold Update by Mark Mead Baillie — 800th Edition — Monte-Carlo — 15 March 2025 (published each Saturday) — www.deMeadville.com “Beware the Ides of March — ‘Tis Gold Update No. 800!“ Long-time (really long-time) readers of The Gold Update know that our microphones are just about everywhere as was the case in Rome’s Curia Pompeia (a little Latin
- [14 March 2025 – 08:32 Central Euro Time](https://demeadville.com/14-march-2025-0832-central-euro-time/) - April Gold topped 3000 last evening; spot (currently at a 12-point discount to the futures) has not quite yet made the trip; we've expected more of a price pullback which still can materialize; more on it all it tomorrow's 800th consecutive Saturday edition of The Gold Update. At present, both the Euro and Swiss Franc
- [13 March 2025 – 08:44 Central Euro Time](https://demeadville.com/13-march-2025-0844-central-euro-time/) - Both the Euro and Silver are at present below today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is mostly light. Looking at Market Rhythms for pure swing consistency, leading our 10-test basis is the Bond's 2hr Parabolics, whilst on a 24-test basis are both the non-BEGOS Yen's daily Parabolics
- [12 March 2025 – 08:43 Central Euro Time](https://demeadville.com/11-march-2025-0843-central-euro-time/) - The only BEGOS Market at present outside (below) today's Neutral Zone is the Euro; session volatility is light in the context that EDTRs (see Market Ranges) are substantively up from year-end; notably that for the Spoo -- which was 83 points as of 31 December -- is for today 116 points, its highest reading since
- [11 March 2025 – 08:38 Central Euro Time](https://demeadville.com/11-march-2025-0838-central-euro-time/) - The Euro, Gold and Silver are at present above their respective Neutral Zones for today; none of the other five BEGOS Markets are below same, and session volatility is moderate. The S&P's -2.7% decline yesterday was its worst since the -2.9% fall last 18 December, (prior to which was -3.0% last 05 August); obviously the
- [10 March 2025 – 08:45 Central Euro Time](https://demeadville.com/10-march-2025-0845-central-euro-time/) - At present we've the Swiss Franc and Silver above today's Neutral Zones; below same is the Spoo, and BEGOS Markets' volatility is pushing toward moderate. The Gold Update cites the yellow metal having traced its first "inside" week year-to-date: our near-term bias remains for lower levels, and in real-time Gold's linreg has rotated to negative
- [The Gold Update: No. 799 – (08 March 2025) – “Gold Goes Inside; Stocks Maintain Slide”](https://demeadville.com/the-gold-update-no-799-08-march-2025-gold-goes-inside-stocks-maintain-slide/) - The Gold Update by Mark Mead Baillie — 799th Edition — Monte-Carlo — 08 March 2025 (published each Saturday) — www.deMeadville.com “Gold Goes Inside; Stocks Maintain Slide“ Whilst we’ve still our near-term negative bent for the price of Gold, nonetheless let’s reprise this from last week’s missive: “…one thing to watch is a stirring of geo-political jitters which as
- [07 March 2025 – 08:40 Central Euro Time](https://demeadville.com/07-march-2025-0840-central-euro-time/) - StateSide 'tis February's Payrolls day for the Econ Baro (and late in the session January's Consumer Credit). At present we've the Bond, Euro, Swiss Franc and Oil all above their respective Neutral Zones for today; volatility for the BEGOS Markets is light. The S&P 500 remains "textbook oversold" such that a so-called "dead cat bounce"
- [06 March 2025 – 08:44 Central Euro Time](https://demeadville.com/06-march-2025-0844-central-euro-time/) - Presently we've the Bond below its Neutral Zone for today, whilst Oil is above same; the BEGOS Markets' volatility for this time has calmed to mostly light. Amongst the five primary BEGOS components, we've now a positive correlation between the Euro and Gold, which makes sense give the Dollar's demise notably this week. Copper's +4.9%
- [05 March 2025 – 08:38 Central Euro Time](https://demeadville.com/05-march-2025-0838-central-euro-time/) - The Euro, Silver and Copper are all at present above today's Neutral Zones; the other five BEGOS Markets are within same, and session volatility is moderate-to-robust, Copper notably having traced 170% of its EDTR (see Market Ranges). As has oft been the case of late, we've no notable correlations amongst the five primary BEGOS components.
- [04 March 2025 – 08:41 Central Euro Time](https://demeadville.com/04-march-2025-0841-central-euro-time/) - Both the Bond and Swiss Franc are at present above today's Neutral Zones, whilst below same are Copper and Oil; session volatility for the BEGOS Market's is moderate, (which you may be noting is the case 'round this time more frequently of late). Yesterday's whirl back down in the S&P 500 ought not be too
- [03 March 2025 – 08:29 Central Euro Time](https://demeadville.com/03-march-2025-0829-central-euro-time/) - At present the Bond is below its Neutral Zone for today, whilst above same is the Euro; the BEGOS Markets' volatility is mostly moderate. The Gold Update cites the anticipated fall having commenced for the yellow metal; as written: "...should the present selling become more substantive ... ‘twould be reasonable to find price reach down
- [The Gold Update: No. 798 – (01 March 2025) – “Thank Goodness Gold Finally Falls”](https://demeadville.com/the-gold-update-no-798-01-march-2025-thank-goodness-gold-finally-falls/) - The Gold Update by Mark Mead Baillie — 798th Edition — Monte-Carlo — 01 March 2025 (published each Saturday) — www.deMeadville.com “Thank Goodness Gold Finally Falls“ Not that we’ve been rooting for Gold to fall, but it being one of the world’s most substantive liquid markets, it implicitly both rises and falls in its interactive role — that reflecting the
- [28 February 2025 – 08:42 Central Euro Time](https://demeadville.com/28-february-2025-0842-central-euro-time/) - Gold's "Baby Blues" (see Market Trends) confirmed falling below their key +80% axis, indicative of still lower prices; more tomorrow in the 798th consecutive Saturday edition of The Gold Update. Along with the yellow metal at present, Copper, Oil and the Swiss Franc are all below today's Neutral Zones; above same is the Bond, and
- [27 February 2025 – 08:45 Central Euro Time](https://demeadville.com/27-february-2025-0845-central-euro-time/) - Both the Swiss Franc and Gold are below today's Neutral Zones; the other six BEGOS Markets are within same, and volatility is again moderate, although like yesterday 'round this time, Oil has traced but 18% of its EDTR (see Market Ranges). At Market Trends, Gold's "Baby Blues" of trend consistency are provisionally (in real-time) dropping
- [26 February 2025 – 08:40 Central Euro Time](https://demeadville.com/26-february-2025-0840-central-euro-time/) - The Bond and the EuroCurrencies are at present below their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is moderate, save for Oil which has traced just 15% of its EDTR (see Market Ranges). For the S&P 500, similar to that from Monday, on Tuesday whilst the
- [25 February 2025 – 08:35 Central Euro Time](https://demeadville.com/25-february-2025-0835-central-euro-time/) - The Bond is above its Neutral Zone for today, whilst below same are Gold and Copper; session volatility for the BEGOS Markets is light. As anticipated, in real-time the Spoo's 21-day linreg trend line has rotated to negative (see Market Trends) as has been that for Oil for the past few weeks; such trend for
- [24 February 2025 – 08:41 Central Euro Time](https://demeadville.com/24-february-2025-0841-central-euro-time/) - Into the new week we've presently both the Euro and Spoo above today's Neutral Zones; none of the other BEGOS Markets are below same, and volatility is mostly moderate. The Gold Update (as was the case a week ago) gives a near-term bearish bias strictly by technicals and the deMeadville proprietary measures (see Gold under
- [The Gold Update: No. 797 – (22 February 2025) – “Gold Higher Every Week Year-to-Date”](https://demeadville.com/the-gold-update-no-797-22-february-2025-gold-higher-every-week-year-to-date/) - The Gold Update by Mark Mead Baillie — 797th Edition — Monte-Carlo — 22 February 2025 (published each Saturday) — www.deMeadville.com “Gold Higher Every Week Year-to-Date“ Let’s commence with another infamous Gold Update quiz! Ready? Since at least this very day a month ago (22 January), what technically until yesterday (21 February) have both Gold and the S&P 500
- [The Gold Update: No. 796 – (15 February 2025) – “Gold's Price Spike; Fed's Next Hike”](https://demeadville.com/the-gold-update-no-796-15-february-2025-golds-price-spike-feds-next-hike/) - The Gold Update by Mark Mead Baillie — 796th Edition — Monte-Carlo — 15 February 2025 (published each Saturday) — www.deMeadville.com “Gold’s Price Spike; Fed’s Next Hike““ “This is where it starts to get fun.”If said phrase ran across your mind during this past week, worry not: for it, too, ran through our mind. And thus it having run
- [21 February 2025 – 08:35 Central Euro Time](https://demeadville.com/21-february-2025-0835-central-euro-time/) - Copper is the sole BEGOS Market at present outside (below) its Neutral range for today; however, session volatility is pushing toward moderate. Gold indeed made another marginal All-Time High yesterday in reaching 2973 (from the prior 2968); as you well know, the yellow metal -- whilst still significantly undervalued vis-à-vis Dollar debasement -- is extremely
- [20 February 2025 – 08:31 Central Euro Time](https://demeadville.com/20-february-2025-0831-central-euro-time/) - The Swiss Franc, Gold and Silver are all at present above their respective Neutral Zones for today; none of the other BEGOS Markets are below same, and volatility is light, (save for the non-BEGOS Yen which has traced 103% of its EDTR, which for the BEGOS components can be seen at Market Ranges). Correlations amongst
- [19 February 2025 – 08:33 Central Euro Time](https://demeadville.com/19-february-2025-0833-central-euro-time/) - At present, only Oil is outside (above) today's Neutral Zone; session volatility for the BEGOS Markets is quite light. Looking at Market Rhythms for pure swing consistency, on a 10-test basis the best currently are the Bond's daily Moneyflow, Copper's 30mn Price Oscillator as well as the red metal's 2hr Parabolics; on a 24-test basis
- [18 February 2025 – 08:48 Central Euro Time](https://demeadville.com/18-february-2025-0848-central-euro-time/) - Into the session's second day, as expected the BEGOS Markets have increased their range traveled: at present below their Neutral Zones are the Bond, Euro, Swiss Franc and Copper, whilst above same are Gold, Silver, Oil and the Spoo, with overall volatility firmly moderate, leaning toward robust as the day develops. Were the S&P 500
- [17 February 2025 – 08:42 Central Euro Time](https://demeadville.com/17-february-2025-0842-central-euro-time/) - The BEGOS Markets begin the week with a two-day session (for Tuesday settlement); at present, we've the Bond below today's Neutral Zone, whilst above same is Gold; session volatility already is pushing toward moderate and likely by this time tomorrow shall be mostly robust. The Gold Update graphically depicts last week's price spike to the
- [The Gold Update: No. 792 – (18 January 2025) – “Gold Gets Close, but No Cigar”](https://demeadville.com/the-gold-update-no-792-18-january-2025-gold-gets-close-but-no-cigar/) - The Gold Update by Mark Mead Baillie — 792nd Edition — Monte-Carlo — 18 January 2025 (published each Saturday) — www.deMeadville.com“Gold Gets Close, but No Cigar“ “So near and yet so far.” So says Nick-Nack to Francisco Scaramanga, –[“The Man with the Golden Gun”, Eon/UA, ’74]. So quintessentially perfect, too, does it describe Gold’s rally this past week wherein
- [14 February 2025 – 08:25 Central Euro Time](https://demeadville.com/14-february-2025-0825-central-euro-time/) - We've both Silver and Copper at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is mostly light, save for Silver which already has traced 110% of its EDTR (see Market ranges). Barring January being an outlier, the pace of inflation is increasing away for the Fed's +2.0%
- [13 February 2025 – 08:25 Central Euro Time](https://demeadville.com/13-february-2025-0825-central-euro-time/) - The Euro, Swiss Franc, Gold and Copper are all at present above today's Neutral Zones; none of the other BEGOS Markets are below same, and volatility is mostly moderate. The Bond's "Baby Blues" (see Market Trends) confirmed settling below their +80% axis: price already has moved lower into structural support of the 113s; were that
- [12 February 2025 – 08:35 Central Euro Time](https://demeadville.com/12-february-2025-0835-central-euro-time/) - At present, all eight BEGOS Markets are within their respective Neutral Zones for today, and session volatility is light with January's retail inflation metrics in the balance. Going 'round the Market Rhythms horn for pure swing consistency, currently the leaders (on a 10-test basis) are the Bond's daily Moneyflow, the Euro's 30mn Parabolics, Copper's 15mn
- [11 February 2025 – 08:47 Central Euro Time](https://demeadville.com/11-february-2025-0847-central-euro-time/) - Both Silver and Copper are at present below today's Neutral Zones; the six other BEGOS Markets are within same, and session volatility is light-to-moderate. The S&P 500 is now "textbook overbought" through the past 14 consecutive trading days: there were significantly longer overbought stints during 2024, but 'tis something of which to be aware, especially
- [10 February 2025 – 08:34 Central Euro Time](https://demeadville.com/10-february-2025-0834-central-euro-time/) - The week starts finding at present the Swiss Franc below today's Neutral Zone, whilst above same are both Gold and Silver; BEGOS Markets' volatility is moderate. The Gold Update muses the 3000 level as within reasonable distance by month's end, however cautions that price has risen for six consecutive weeks (which historically is a bit
- [The Gold Update: No. 795 – (08 February 2025) – “Gold Teases 2900; to 3000 Unencumbered?”](https://demeadville.com/the-gold-update-no-795-08-february-2025-gold-teases-2900-to-3000-unencumbered/) - The Gold Update by Mark Mead Baillie — 795th Edition — Monte-Carlo — 08 February 2025 (published each Saturday) — www.deMeadville.com “Gold Teases 2900; to 3000 Unencumbered?“ The price of Gold just completed its sixth consecutive up week, within which the past three thus far comprise the newest weekly parabolic Long trend. Indeed through this latest week, Gold continued to
- [06 February 2025 – 08:39 Central Euro Time](https://demeadville.com/06-february-2025-0839-central-euro-time/) - The Swiss Franc is at present below its Neutral Zone for today, whilst above same is Copper; BEGOS Markets' volatility is mostly light. Currently we find no compelling correlations amongst the five primary BEGOS components. Still, we can go 'round the horn by their Market Values as follows (in real-time): the Bond is 1^09 points
- [07 February 2025 – 08:45 Central Euro Time](https://demeadville.com/07-february-2025-08xx-central-euro-time/) - As was the same situation 'round this time yesterday, the Swiss Franc is presently below its Neutral Zone whilst above same is Copper; session volatility for the BEGOS Markets is light. The futs-adj'd "live" P/E of the S&P 500 is 49.6x: 'twill be interesting to see if (i.e. "when") 50x is reached, the Index as
- [05 February 2025 – 08:40 Central Euro Time](https://demeadville.com/05-february-2025-0840-central-euro-time/) - We've at present the Euro, Swiss Franc and Gold above today's Neutral Zones; below same is the Spoo, and BEGOS Markets' volatility is mostly moderate. Looking at Market Ranges, most of the components' EDTRs are around the mid-point of where they've been from a year ago at this time; those for Gold and the Euro
- [04 February 2025 – 08:32 Central Euro Time](https://demeadville.com/04-february-2025-0832-central-euro-time/) - For the second consecutive week the Spoo on Monday has gapped considerably lower, yet by week's end (in this case just after this morning's open) come all the way back up to "fill the gap". Regardless, the Spoo is back on the skids, at present below its Neutral Zone for today, as too are the
- [03 February 2025 – 08:47 Central Euro Time](https://demeadville.com/03-february-2025-0847-central-euro-time/) - The Dollar is getting a very health bid, such that -- save for the Bond (at present above today's Neutral Zone) and Oil -- the six other BEGOS Markets are in the red and all below said Neutral Zones; volatility is mostly robust. The Gold Update celebrates the yellow metal's new All-Time High (furthered today
- [The Gold Update: No. 794 – (01 February 2025) – “Gold Achieves Golden Goal 1 of 3 - A Fresh All-Time High”](https://demeadville.com/the-gold-update-no-794-01-february-2025-gold-achieves-golden-goal-1-of-3-a-fresh-all-time-high/) - The Gold Update by Mark Mead Baillie — 794th Edition — Monte-Carlo — 01 February 2025 (published each Saturday) — www.deMeadville.com “Gold Achieves Golden Goal 1 of 3 – A Fresh All-Time High“ As anticipated would happen this past week per “Gold Goes Long with Three Golden Goals”, Goal One “the next All-Time High for Gold”, was achieved upon the February contract
- [31 January 2025 – 08:34 Central Euro Time](https://demeadville.com/31-january-2025-0834-central-euro-time/) - Gold yesterday achieved our anticipated All-Time High in eclipsing the 2802 level (February); the "continuous contract" now being on April (including the 27 points of fresh premium as herein noted in Wednesday's comment) currently finds price at 2850; more of course tomorrow in the 794th consecutive Saturday edition of The Gold Update. At present for
- [30 January 2025 – 08:45 Central Euro Time](https://demeadville.com/30-january-2025-0845-central-euro-time/) - At present for the BEGOS Markets we've the Bond, Gold and Silver all above their respective Neutral Zone's for today, whilst below same is Oil; session volatility is again light to this point. Going 'round the Market Values horn (in real-time) for the five primary BEGOS components finds the Bond basically only -1 point "low"
- [29 January 2025 – 08:45 Central Euro Time](https://demeadville.com/29-january-2025-0845-central-euro-time/) - All three elements of the Metals Triumvirate are at present below today's Neutral Zones, as too is the Swiss Franc; the balance of the BEGOS Markets are within same, and volatility is light. Gold's cac volume is rolling from February into that for April, with 27 points of additional premium: note the All-Time High for
- [28 January 2025 – 08:36 Central Euro Time](https://demeadville.com/28-january-2025-0836-central-euro-time/) - We've at present the Euro, Swiss Franc and Silver below today's Neutral Zones; Oil is above same, and BEGOS Markets' volatility is mostly moderate. Yesterday's -1.5% drop in the S&P 500 pales in comparison to its actual monetary outflow which was equivalent to a -11.5% S&P drop: remember, this is a leading indicator suggestive of
- [27 January 2025 – 08:46 Central Euro Time](https://demeadville.com/27-january-2025-0846-central-euro-time/) - Save for the Bond (at present above today's Neutral Zone), "red" is the watchword to begin the week for the seven other BEGOS Markets, all (save for Oil) at present below their respective Neutral Zones; of note, Silver, Copper and the Spoo are all down better than -1%. Session volatility is firmly moderate. The Gold
- [The Gold Update: No. 793 – (25 January 2025) – “Gold Goes Long with Three Golden Goals”](https://demeadville.com/the-gold-update-no-793-25-january-2025-gold-goes-long-with-three-golden-goals/) - The Gold Update by Mark Mead Baillie — 793rd Edition — Monte-Carlo — 25 January 2025 (published each Saturday) — www.deMeadville.com“Gold Goes Long with Three Golden Goals“ Gold’s weekly parabolic trend finally (after a 10-week Short run) flipped to Long this past Tuesday at 15:19 GMT upon price eclipsing the 2759 level toward settling the week yesterday (Friday) at 2777.
- [24 January 2025 – 08:42 Central Euro Time](https://demeadville.com/24-january-2025-0842-central-euro-time/) - Save for the Spoo, the seven other BEGOS Markets are higher, within which save for Oil, the other six are at present above today's Neutral Zones; (thus obviously the Dollar Index is lower); session volatility is firmly moderate. As anticipated, Oil's "Baby Blues" (see Market Trends) confirmed falling below their key +80%: with price presently
- [23 January 2025 – 08:33 Central Euro Time](https://demeadville.com/23-january-2025-0833-central-euro-time/) - Save for the Bond, the seven other BEGOS Markets are lower, those presently below today's Neutral Zones being Silver and Copper; volatility is quite light. Going 'round the Market Values horn for the five primary components, we've: the Bond nearly -3 points "low" below its smooth valuation line, the Euro -0.0095 points "low", Gold +90
- [22 January 2025 – 08:37 Central Euro Time](https://demeadville.com/22-january-2025-0837-central-euro-time/) - GOLD: its weekly parabolic trend as anticipated has provisionally flipped from Short-to-Long; (confirmation comes at week's settle). For the BEGOS Markets at present, both Copper and Oil are below today's Neutral Zones; the other six components are within same, and volatility is light. Oil's "Baby Blues" (see Market Trends) remain above the key +80% axis,
- [21 January 2025 – 08:36 Central Euro Time](https://demeadville.com/21-january-2025-0836-central-euro-time/) - The two-day session for the BEGOS Markets continues with at present the Bond, Euro, Swiss Franc and Silver atop their Neutral Zones whilst Copper and Oil are below same, thus leaving Gold and the Spoo within; volatility is robust (again this covers two days) with only the Spoo not having (yet?) exceeded 100% of its
- [20 January 2025 – 08:43 Central Euro Time](https://demeadville.com/20-january-2025-0843-central-euro-time/) - Given the StateSide holiday, the BEGOS Markets enter a two-day session for Tuesday settlement with at present the Euro, Swiss Franc, Gold and Silver all above their respective Neutral Zones; none of the other four components are below same, and volatility is mostly moderate. The Gold Update highlights price having come just four points away
- [17 January 2025 – 08:37 Central Euro Time](https://demeadville.com/17-january-2025-0837-central-euro-time/) - The Euro, Swiss Franc and Silver are all at present below today's Neutral Zones, whilst above same are both Copper and Oil; BEGOS Markets' volatility is light. Yesterday, Gold nearly eclipsed the week's parabolic (2763) which would flip such weekly trend from Short-to-Long: Gold's "high if an up day" for today is 2775, so 'tis
- [16 January 2025 – 08:45 Central Euro Time](https://demeadville.com/16-january-2025-0845-central-euro-time/) - Silver, Copper and the Spoo are all at present above their respective Neutral Zones for today; none of the other five BEGOS Markets are below same, and volatility is pushing toward moderate. Leading our Market Rhythms for pure swing consistency on a 10-test basis are the Euro's 4hr Parabolics, too Silver's 4hr Parabolics, and the
- [15 January 2025 – 08:39 Central Euro Time](https://demeadville.com/15-january-2025-0839-central-euro-time/) - The Bond is the sole BEGOS Market at present outside (above) today's Neutral Zone; session volatility is light. We've noted the last few weeks the ongoing low level of the Bond's "Baby Blues" for trend consistency (see Market Trends) as we continue to await their breaking above the -80% axis which would then be indicative
- [14 January 2025 – 08:39 Central Euro Time](https://demeadville.com/14-january-2025-0839-central-euro-time/) - The Swiss Franc is at present above its Neutral Zone for today, whilst below same is Oil; BEGOS Markets' volatility is light-to-moderate. Notably for Gold, its EDTR (see Market Ranges) has been decreasing: 'twas in the upper 40s in late November whereas today's expectation is 35 points; the opposite is true for the Spoo, which
- [13 January 2025 – 08:49 Central Euro Time](https://demeadville.com/13-january-2025-0849-central-euro-time/) - The week begins with at present the Bond, Euro, Gold and Spoo all below their respective Neutral Zones for today; the other BEGOS Markets are within same, and volatility is well-moderate en route to becoming robust as the day unfolds: indeed Oil already has traded in excess of 100% of its EDTR (see Market Ranges).
- [The Gold Update: No. 791 – (11 January 2025) – “Gold's Short Trend Nearing Its End”](https://demeadville.com/the-gold-update-no-791-11-january-2025-golds-short-trend-nearing-its-end/) - The Gold Update by Mark Mead Baillie — 791st Edition — Monte-Carlo — 11 January 2025 (published each Saturday) — www.deMeadville.com “Gold’s Short Trend Nearing Its End“ Whenever Gold is technically in a “Short trend” — yet price doesn’t substantively “go Down” — we say ’tis a “beautiful thAng”. Indeed, Gold’s ongoing Short trend just recorded its ninth consecutive
- [10 January 2025 – 08:47 Central Euro Time](https://demeadville.com/10-january-2025-0847-central-euro-time/) - Gold is presently the sole BEGOS Market above its Neutral Zone for trading: price is over 2700 for the first time since 13 December. The balance of the BEGOS components are within today's respective Neutral Zones, and volatility is light. By Market Profiles, the Spoo (5947) is trading just below its most dominantly-traded price by
- [09 January 2025 – 08:37 Central Euro Time](https://demeadville.com/09-january-2025-0837-central-euro-time/) - StateSide equities are closed today, however the BEGOS Markets are running with early closures for both the Spoo (14:30 GMT) and Bond (18:15 GMT). At present, both the Bond and Copper aabove up their respective Neutral Zones for today; the Euro is below same, and volatility is light. Looking at Market Rhythms: on a 10-test
- [08 January 2025 – 08:41 Central Euro Time](https://demeadville.com/08-january-2025-0841-central-euro-time/) - All eight BEGOS Markets at this moment are above water; the sole one above its Neutral Zone for today is Copper; session volatility is quite light. At Market Trends, we still await the Bond's "Baby Blues" to turn the corner up through their -80% axis. Too, per correlations amongst the five primary BEGOS Markets, the
- [07 January 2025 – 08:29 Central Euro Time](https://demeadville.com/the-07-january-2025-0829-central-euro-time/) - The Euro, Swiss Franc, Silver and Copper are all at present above today's Neutral Zones; none of the other BEGOS Markets are below same, and volatility is again pushing toward moderate. By Silver's Market Rhythms on the daily period, both the Parabolics and MACD triggered Long signals effective today's open (30.485). We've not mentioned a
- [06 January 2025 – 08:39 Central Euro Time](https://demeadville.com/06-january-2025-0839-central-euro-time/) - Both the Bond and Copper are presently below their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility to this point is pushing towards moderate: all three elements of the Metals Triumvirate, along with Oil, have already exceeded 50% of their EDTRs (see Market Ranges). The Gold Update
- [The Gold Update: No. 790 – (04 January 2025) – “Our Gold High for '25”](https://demeadville.com/the-gold-update-no-790-04-january-2025-our-gold-high-for-25/) - The Gold Update by Mark Mead Baillie — 790th Edition — Monte-Carlo — 04 January 2025 (published each Saturday) — www.deMeadville.com “Our Gold High for ’25“ A little cheer to start the new year: “We’re Number One!” Yes, across the 2024 BEGOS Markets’ spectrum, the year’s best performer was Gold’s +27.4% increase. ‘Course, for the math-challenged FinMedia, all the
- [03 January 2025 – 08:39 Central Euro Time](https://demeadville.com/03-january-2025-0839-central-euro-time/) - The Swiss Franc is at present above its Neutral Zone for today, whilst below same is Copper; BEGOS Markets' volatility is light following it being robust for yesterday's session. Going 'round the Market Values horn for the five primary BEGOS components in real-time, we've the Bond as nearly -3.5 points "low" vis-à-vis its smooth valuation
- [02 January 2025 – 08:45 Central Euro Time](https://demeadville.com/02-january-2025-0845-central-euro-time/) - 2025's trading commences finding all eight BEGOS markets at present in the black, those notably above today's Neutral Zones being the Swiss Franc, Gold, Silver and the Spoo; session volatility is moderate-to-robust. As we'll see in the next Gold Update for this Saturday, the yellow metal was the best BEGOS performer of 2024, +27.4%. The
- [31 December 2024 – 08:41 Central Euro Time](https://demeadville.com/31-december-2024-0841-central-euro-time/) - Into the year's final stint we go, with at present both the Bond and Oil above their respective Neutral Zones for today; none of the other BEGOS Markets are below same, and volatility again is light. We'd noted yesterday the Bond's being quite extended below its smooth valuation line (see Market Values) such that a
- [30 December 2024 – 08:46 Central Euro Time](https://demeadville.com/30-december-2024-0846-central-euro-time/) - Both Gold and the Spoo are presently below today's Neutral Zones; the balance of the BEGOS Markets are within same. and volatility is light. The Gold Update points to price's ongoing technical negativity, however stating it being more hesitant than in a downtrend; too from a century-to-date perspective (23 completed years), Gold has a tendency
- [The Gold Update: No. 789 – (28 December 2024) – “Gold's Weak Wend Toward Year-End”](https://demeadville.com/the-gold-update-no-789-28-december-2024-golds-weak-wend-toward-year-end/) - The Gold Update by Mark Mead Baillie — 789th Edition — Monte-Carlo — 28 December 2024 (published each Saturday) — www.deMeadville.com “Gold’s Weak Wend Toward Year-End“ Gold just recorded its seventh down week in the last nine, price settling yesterday (Friday) at 2637 … and yet that is higher than Gold’s settle six weeks ago at 2567 on 15
- [27 December 2024 – 08:40 Central Euro Time](https://demeadville.com/27-december-2024-0840-central-euro-time/) - At present, the Swiss Franc is the only BEGOS Market outside (below) its Neutral Zone for today; session volatility to this hour continues quite light. By Market Rhythms, the current best for pure swing consistency are -- on a 10-test basis -- the non-BEGOS Yen's daily Parabolics and daily Price Oscillator, Gold's 8hr Parabolics, and
- [26 December 2024 – 08:18 Central Euro Time](https://demeadville.com/26-december-2024-0818-central-euro-time/) - Gold is the sole BEGOS Market at present outside (above) today's Neutral Zone; session volatility is again very light. That notwithstanding, Tuesday's +1.1% gain for the S&P 500 now places the "live" P/E (futs-adj'd) at an amazing 48.7x: 'tis double what might be considered an acceptable modern-day norm, and triple that taught in B-school for
- [24 December 2024 – 08:40 Central Euro Time](https://demeadville.com/24-december-2024-0840-central-euro-time/) - The abbreviated trading session presently finds all eight BEGOS Markets within their respective Neutral Zones for today, and session volatility is very light. Looking at Market Rhythms for pure swing consistency, on a 10-test basis the leaders currently are the non-BEGOS Yen's daily Price Oscillator and Parabolics, plus Gold's 8hr Parabolics; for the 24-test basis
- [23 December 2024 – 08:19 Central Euro Time](https://demeadville.com/23-december-2024-0819-central-euro-time/) - As the first of two abbreviated trading weeks begins, we've at present both Silver and the Spoo above today's Neutral Zones; none of the other BEGOS Markets are below same, and volatility is light. The Gold Update points to the disparate inflation reads wherein the BLS reads it as increasing whilst the BEA sees it
- [The Gold Update: No. 788 – (21 December 2024) – “Gold Seeks Charisma 'Round Inflation's Enigma”](https://demeadville.com/the-gold-update-no-788-21-december-2024-gold-seeks-charisma-round-inflations-enigma/) - The Gold Update by Mark Mead Baillie — 788th Edition — Monte-Carlo — 21 December 2024 (published each Saturday) — www.deMeadville.com“Gold Seeks Charisma ‘Round Inflation’s Enigma“ Welcome to winter as we type literally through the soltice here at 10:21 CET. And let’s start with a “Thumbs Up!” to one Elizabeth Morgan Hammack, graduate of THE Leland Stanford Junior University,
- [The Gold Update: No. 783 – (16 November 2024) – “ 'Tis No Surprise, Gold's Current Demise ”](https://demeadville.com/the-gold-update-no-783-16-november-2024-tis-no-surprise-golds-current-demise/) - The Gold Update by Mark Mead Baillie — 783rd Edition — Monte-Carlo — 16 November 2024 (published each Saturday) — www.deMeadville.com“ ‘Tis No Surprise, Gold’s Current Demise ““ For you valued regular readers of The Gold Update, price’s demise across these past three weeks ought be no surprise. Into Halloween week, Gold vis-à-vis its near-term smooth valuation line ran better than
- [20 December 2024 – 08:44 Central Euro Time](https://demeadville.com/20-december-2024-0844-central-euro-time/) - Gold is presently above its Neutral Zone for today, whilst below same is the Spoo; BEGOS Markets' volatility is light-to-moderate. Looking at correlations amongst the five primary BEGOS components, the best currently is positive between the Euro and the Spoo; the latter's linear regression trend (see Market Trends) appears poised to rotate from positive to
- [19 December 2024 – 08:46 Central Euro Time](https://demeadville.com/19-december-2024-0846-central-euro-time/) - Following an across-the-board down day for all eight BEGOS Markets, we've at present the Euro, Swiss Franc, Gold, Silver and Spoo all above their respective Neutral Zones for today; the other three components are within same, and volatility is moderate-to-robust, Gold notably already having traded 90% of today's EDTR (see Market Ranges). Prior to yesterday's
- [18 December 2024 – 08:38 Central Euro Time](https://demeadville.com/18-december-2024-0838-central-euro-time/) - Copper is at present below its Neutral Zone for today, whilst above same is the Spoo; BEGOS Markets' volatility is quiet ahead of the Fed. The S&P 500 is now 29 trading days "textbook overbought" and indeed so through 44 of the past 48; the "live" P/E (futs-adj'd) is at this instant 48.4x; technically, the
- [17 December 2024 – 08:16 Central Euro Time](https://demeadville.com/17-december-2024-0816-central-euro-time/) - Copper is presently below its Neutral Zone for today; the balance of the BEGOS Markets are within same, and volatility is again light. Per our MoneyFlow page, the S&P 500 has received substantive inflow across all three of our time measures (weekly, monthly. quarterly): the inference thus is bullish for the S&P; however, 'tis so
- [16 December 2024 – 08:37 Central Euro Time](https://demeadville.com/16-december-2024-0837-central-euro-time/) - The busy week begins with the Swiss Franc at present the sole BEGOS Market outside (above) its Neutral Zone for today; session volatility is light. The Gold Update graphically depicts last week's "Spike n' Sink", price initially driven up geopolitically and on the CPI, then back down on the PPI and a bit of Fed
- [The Gold Update: No. 787 – (14 December 2024) – “Gold Does the Spike n' Sink”](https://demeadville.com/the-gold-update-no-787-14-december-2024-gold-does-the-spike-n-sink/) - The Gold Update by Mark Mead Baillie — 787th Edition — Monte-Carlo — 14 December 2024 (published each Saturday) — www.deMeadville.com“Gold Does the Spike n’ Sink“ Gold’s net change for this past week was a wee +0.4%; yet ’twas hardly mute en route. Prior to settling yesterday (Friday) at 2666, price was boffed about by another geo-political “spike n’
- [13 December 2024 – 08:24 Central Euro Time](https://demeadville.com/13-december-2024-0824-central-euro-time/) - All eight BEGOS Markets are presently within today's Neutral Zones, and volatility is very light. The Yen's Long signal herein cited on 03 December is provisionally failing: 'tis based upon the daily Price Oscillator dominating the Market Rhythms for pure swing consistency (on a 24-test basis); such signal would now swing to Short. The S&P
- [12 December 2024 – 08:20 Central Euro Time](https://demeadville.com/12-december-2024-0820-central-euro-time/) - The Euro, Silver and Copper are at present all above their respective Neutral Zones for today; none of the other BEGOS Markets are below same, and volatility is mostly light. Yesterday's +0.8% rise in the S&P 500 is "media-credited" to the CPI -- whilst yet again above the Fed's desired pace -- having met "expectations"
- [11 December 2024 – 08:40 Central Euro Time](https://demeadville.com/11-december-2024-0840-central-euro-time/) - Both the Euro and Swiss Franc are presently below today's Neutral Zones; none of the other BEGOS Markets are above same, and volatility is mostly moderate, save for the Spoo, for which the EDTR (see Market Ranges) has been been swiftly narrowing: two weeks ago 'twas 67 points, today 'tis set for 47 points. Looking
- [10 December 2024 – 08:40 Central Euro Time](https://demeadville.com/10-december-2024-0840-central-euro-time/) - Gold is the sole BEGOS Market outside (above) its Neutral Zone for today; session volatility for the BEGOS Markets is quite light. Gold has been getting a bid as the week unfolds, albeit 'twould "appear" to be geopolitically-driven: as you regular readers know, such impetus for Gold rallies generally sees price return back down from
- [09 December 2024 – 08:24 Central Euro Time](https://demeadville.com/09-december-2024-0824-central-euro-time/) - At present we've the Euro below its Neutral Zone for today, whilst above same is Gold; BEGOS Markets' volatility is light-to-moderate. The Gold Update cites the narrowing of price's trading range such that 'tis anticipated the current parabolic Short trend shall carry on for at least another week; provided as well is evidence of the
- [The Gold Update: No. 786 – (07 December 2024) – “Gold Boring; S&P Warning”](https://demeadville.com/the-gold-update-no-786-07-december-2024-gold-boring-sp-warning/) - The Gold Update by Mark Mead Baillie — 786th Edition — Monte-Carlo — 07 December 2024 (published each Saturday) — www.deMeadville.com “Gold Boring; S&P Warning“ First, this tease: the last time the S&P 500 reached (by our quant-crunching) such current duration of being extremely “textbook overbought”, the mighty Index fell …(drumroll)… -26%. More on that later.To Gold: on the heels of last week’s
- [06 December 2024 – 08:43 Central Euro Time](https://demeadville.com/06-december-2024-0843-central-euro-time/) - Presently, all eight BEGOS Markets are within their respective Neutral Zones for today, and volatility to this point of the session is light-to-moderate. The Metals Triumvirate is thus far getting the most play, the EDTR (see Market Ranges) tracings being 68% for Silver, 71% for Copper and 77% for Gold. As anticipated, both the Euro
- [05 December 2024 – 08:27 Central Euro Time](https://demeadville.com/05-december-2024-0827-central-euro-time/) - The Euro is the sole BEGOS Market outside (above) its Neutral Zone for today; session volatility is very light. Gold's 12hr Parabolics flipped to Long effective today's open: of the 405 Market Rhythms run each evening, this one ranks in the top ten and has produced a minimum of 17 points of follow-through (either Long
- [04 December 2024 – 08:36 Central Euro Time](https://demeadville.com/04-december-2024-0836-central-euro-time/) - At present, all eight BEGOS Markets are within their respective Neutral Zones for today, and session volatility is light. In looking at Market Ranges, notably narrowing of late include those for the Bond, Silver, Copper, Oil, and to some extent the Spoo. As to Market Rhythms' pure swing consistency, on a 10-test basis the current
- [03 December 2024 – 08:42 Central Euro Time](https://demeadville.com/03-december-2024-0842-central-euro-time/) - At present below today's Neutral Zones are the Bond and Swiss Franc; above same are Silver and Copper, and session volatility is light-to-moderate. The non-BEGOS Yen's daily Price Oscillator -- which has be dominating the top of our Market Rhythms runs on a 24-test basis for pure swing consistency -- confirmed flipping from Short to
- [02 December 2024 – 08:32 Central Euro Time](https://demeadville.com/02-december-2024-0832-central-euro-time/) - Save for Oil, 'tis a red start to December for the seven other BEGOS Markets, each one (except for the mildly negative Spoo) at present below their respective Neutral Zones for today; volatility is firmly moderate, likely pushing toward robust as the day unfolds. The S&P 500's "textbook overbought" stance is at our "extreme" reading:
- [The Gold Update: No. 785 – (30 November 2024) – “Gold in 60 Seconds (IV)”](https://demeadville.com/the-gold-update-no-785-30-november-2024-gold-in-60-seconds-iv/) - The Gold Update by Mark Mead Baillie — 785th Edition — Cortona, Arezzo, Toscana — 30 November 2024 (published each Saturday) — www.deMeadville.com“Gold in 60 Seconds (IV)“ Saluti dalla Toscana! As indicated a week ago, our missive this time ’round is a brief read, but to the point; (our usual month-end graphics content shall instead be to-date in a week’s
- [29 November 2024 – 08:48 Central Euro Time](https://demeadville.com/29-november-2024-0848-central-euro-time/) - The two-day abbreviated session for the BEGOS Markets continues with just the Swiss Franc at present outside (below) its Neutral Zone; volatility for the combined session is moderate. Of note from our Market Magnets page, those for both the Euro and Swiss Franc have been price penetrated to the upside, whilst for Gold to the
- [28 November 2024 – 08:26 Central Euro Time](https://demeadville.com/28-november-2024-0826-central-euro-time/) - Whilst StateSide 'tis the Thanksgiving holiday, the BEGOS Markets are active for two abbreviated sessions combined into Friday settlement. And at present below their Neutral Zones are the Euro, Swiss Franc and Silver; the balance of the components are within same, and volatility is light. Going 'round the Market Values horn of the five primary
- [27 November 2024 – 08:02 Central Euro Time](https://demeadville.com/27-november-2024-0802-central-euro-time/) - Save for the mildly lower Euro, Oil and Spoo, the balance of the BEGOS Markets are higher; notably above their Neutral Zones at present are the Swiss Franc and Metals Triumvirate; session volatility is light ahead of a large load of incoming EconData. Our top two current Market rhythms for pure swing consistency are (on
- [26 November 2024 – 08:30 Central Euro Time](https://demeadville.com/26-november-2024-0830-central-euro-time/) - Presently, all eight BEGOS Markets are in the red and all (save for the Bond) below today's Neutral Zones; volatility is mostly moderate. The S&P 500 continues its "textbook overbought" stance: however, yesterday's MoneyFlow belied the Index's up day of +0.3%, citing it ought instead have been -2.0%; the MoneyFlow of the S&P is a
- [25 November 2024 – 08:32 Central Euro Time](https://demeadville.com/25-november-2024-0832-central-euro-time/) - All eight BEGOS Markets are at present outside of their respective Neutral Zones for today: above are the Bond, Euro, Swiss Franc, Copper and Spoo; below are Gold, Silver and Oil; session volatility is moderate-to-robust. Gold has already given back as much as 38% of last week's +151 points gain: The Gold Update highlights Gold's
- [The Gold Update: No. 784 – (23 November 2024) – “Gold's Contra-Trend Rally; S&P's Earnings(less) Tally”](https://demeadville.com/the-gold-update-no-784-23-november-2024-golds-contra-trend-rally-sps-earningsless-tally/) - The Gold Update by Mark Mead Baillie — 784th Edition — Monte-Carlo — 23 November 2024 (published each Saturday) — www.deMeadville.com “Gold’s Contra-Trend Rally; S&P’s Earnings(less) Tally“ Let’s begin with Gold, courtesy of the “We Love It When We’re Wrong Dept.” given price having just recorded its best week (by net points gained) in nearly 45 years!For following last
- [22 November 2024 – 08:32 Central Euro Time](https://demeadville.com/22-november-2024-0832-central-euro-time/) - Both Gold and Silver are at present above today's Neutral Zones, whilst below same is Copper; the balance of the BEGOS Markets are calm, and session volatility remains light to this point. Gold has had a firm contra-trend rally this week even as the weekly parabolic trend just flipped from Long-to-Short a week ago: more
- [21 November 2024 – 08:38 Central Euro Time](https://demeadville.com/21-november-2024-0838-central-euro-time/) - Both Gold and Silver are at present above their respective Neutral Zones for today, whilst below same is the Spoo; volatility is again light. Looking at Market Values in real-time for the five primary BEGOS Markets, we've the Bond as -1.50 points "low" vis-à-vis its smooth valuation line, the Euro -0.024 points "low", Gold -16
- [20 November 2024 – 08:38 Central Euro Time](https://demeadville.com/20-november-2024-0838-central-euro-time/) - Save for Oil and the Spoo, the other six BEGOS Markets are lower, notably with the Bond, Euro, Swiss Franc, Gold and Silver at present below today's Neutral Zones; the Spoo is above same, and volatility is light. The Bond's "Baby Blues" (see Market Trends) have -- for the second time in as many weeks
- [19 November 2024 – 08:21 Central Euro Time](https://demeadville.com/19-november-2024-0821-central-euro-time/) - The Euro is at present below its Neutral Zone for today, whilst above same is Gold; 'tis a bit ironic given our best current correlation amongst the five primary BEGOS Markets is positive between the Euro and Gold, albeit market dynamics continually shift; session volatility is quite light. Gold has moved back above 2600, however
- [18 November 2024 – 08:01 Central Euro Time](https://demeadville.com/18-november-2024-0801-central-euro-time/) - At present, all eight BEGOS Markets are in the black, with the Metals Triumvirate and Spoo currently above their respective Neutral Zones for today; session volatility is mostly moderate. The Gold Update acknowledges our anticipated pullback in price, with potentially lower levels at least near-term as the weekly MACD confirmed a negative crossing at week's
- [15 November 2024 – 08:26 Central Euro Time](https://demeadville.com/15-november-2024-0826-central-euro-time/) - Ahead of a significant load of incoming Econ Baro data, we find the BEGOS Markets fairly mixed, the Euro and Swiss Franc at present above today's Neutral Zones, whilst below same are Oil and the Spoo; session volatility is mostly moderate. Yesterday the S&P 500 -- even being down -- posted its 22nd of the
- [14 November 2024 – 08:16 Central Euro Time](https://demeadville.com/14-november-2024-0816-central-euro-time/) - 'Tis red across the board for all eight BEGOS Markets, albeit not at present below today's Neutral Zones are both the Bond and Oil; volatility is mostly moderate. Our best current correlation amongst the five primary BEGOS components is positive between the Bond and Euro. The S&P 500 yesterday reached our "extreme" level of being
- [13 November 2024 – 08:08 Central Euro Time](https://demeadville.com/13-november-2024-0808-central-euro-time/) - We've at present the Euro, Swiss Franc, Copper and Spoo all below today's Neutral Zones; none of the other BEGOS Markets are above same, and volatility is light. The buying into the S&P 500 of late has been substantive given our MoneyFlow page: both the one week and one month differentials are positive, whilst the
- [12 November 2024 – 08:29 Central Euro Time](https://demeadville.com/12-november-2024-0829-central-euro-time/) - The elements of the EuroCurrencies and Metals Triumvirate all are at present below their respective Neutral Zones for today; the other BEGOS Markets are within same, and volatility is pushing toward moderate. As anticipated through recent weeks, Gold finally let go yesterday to the downside: price's intra-day drop by both points (-76) and percentage (-2.8%)
- [11 November 2024 – 08:33 Central Euro Time](https://demeadville.com/11-november-2024-0833-central-euro-time/) - The week's underway with -- at present -- the Euro, Swiss Franc and Gold below today's Neutral Zones; above same is the Spoo, and volatility is light. The Gold Update points to two pending negative crossings for price: should it pierce sub-2650 this week, the weekly parabolic Long trend shall flip to Short; and by
- [The Gold Update: No. 782 – (09 November 2024) – “Gold Trumped, Dumped”](https://demeadville.com/the-gold-update-no-782-09-november-2024-gold-trumped-dumped/) - The Gold Update by Mark Mead Baillie — 782nd Edition — Monte-Carlo — 09 November 2024 (published each Saturday) — www.deMeadville.com “Gold Trumped, Dumped““ Gold’s +35.2% rally this year from 2072 to an All-Time High at 2802 might be couched catalytically as geo-political discomfort were (amongst other rationale) Vice President Harris to have defeated former President Trump, in turn installing her
- [08 November 2024 – 08:39 Central Euro Time](https://demeadville.com/08-november-2024-0839-central-euro-time/) - Early on, down is the watchword across the BEGOS Markets, the sole exception being the Bond +1 pip; otherwise, only the Swiss Franc and Spoo are not at present below today's Neutral Zones, and volatility is pushing toward moderate. With one week plus a day to run in Q3 Earnings Season, 65% of the S&P
- [07 November 2024 – 08:44 Central Euro Time](https://demeadville.com/07-november-2024-0844-central-euro-time/) - The BEGOS Markets are returning to a more orderly condition post-election: at present above their respective Neutral Zones for today are the Bond, Euro, Swiss Franc and Copper; the balance of the bunch are within same, and volatility -- after having been extremely robust -- is now moderate. Yesterday, Gold's "Baby Blues" confirmed settling below
- [06 November 2024 – 08:41 Central Euro Time](https://demeadville.com/06-november-2024-0841-central-euro-time/) - As anticipated in yesterday's comment given the StateSide election, overnight volatility in the BEGOS Markets was both thin and very volatile: the average EDTR (see Market ranges) tracing thus far across the eight BEGOS components is an extreme 216 points. The Spoo is the sole market above today's Neutral Zone; the other seven components are
- [05 November 2024 – 08:41 Central Euro Time](https://demeadville.com/05-november-2024-0841-central-euro-time/) - Both the Euro and Copper are at present above today's Neutral Zones; below same is Oil, and BEGOS Markets' volatility is light. In both our Prescient Commentary and the current edition of the Gold Update we've anticipated near-term rises for the Euro and Copper, and indeed that has come to pass at least to the
- [04 November 2024 – 08:01 Central Euro Time](https://demeadville.com/04-november-2024-0801-central-euro-time/) - 'Tis black across the board to start the week for all eight BEGOS Markets, with seven of them at present above today's Neutral Zones, the sole one within being Gold; volatility already is moderate-to-robust with the StateSide election (Tuesday) and FOMC Policy Statement (Thursday) in the week's balance. The Gold Update continues pointing to the
- [The Gold Update: No. 781 – (02 November 2024) – “Gold's Highs; Inflation's Rise”](https://demeadville.com/the-gold-update-no-781-02-november-2024-golds-highs-inflations-rise/) - The Gold Update by Mark Mead Baillie — 781st Edition — Monte-Carlo — 02 November 2024 (published each Saturday) — www.deMeadville.com“Gold’s Highs; Inflation’s Rise” Gold’s Highs … Gold just recorded its 16th All-Time Weekly High within the 44 trading weeks that have completed the first 10 months of this year. Price by Gold’s “continuous front-month contract” (at present that for
- [01 November 2024 – 08:10 Central Euro Time](https://demeadville.com/01-november-2024-0810-central-euro-time/) - Both the Bond and Gold are at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is light. 'Twas somewhat refreshing to see yesterday's -1.9% dip in the S&P 500, the Spoo finally coming back in line with its smooth valuation line (see Market Values) for the for
- [31 October 2024 – 08:13 Central Euro Time](https://demeadville.com/31-october-2024-0813-central-euro-time/) - The Bond is at present above today's Neutral Zone, whilst below same are both Gold and the Spoo; BEGOS Markets' volatility is moderate; the non-BEGOS Yen has already traced 126% of its EDTR, (for that of the actual BEGOS components see Market Ranges); the Yen has worked all the way back up to close the
- [30 October 2024 – 08:21 Central Euro Time](https://demeadville.com/30-october-2024-0821-central-euro-time/) - At present we've Gold as the sole BEGOS Market above its Neutral Zone for today; the balance of the bunch are within same, and volatility is light. The yellow metal today has traded above 2800 (2802) for a fresh All-Time High. And leading all 405 of our Market Rhythms for pure swing consistency on a
- [29 October 2024 – 08:00 Central Euro Time](https://demeadville.com/29-october-2024-0800-central-euro-time/) - Safe havens are getting the bid early on as we've the Bond, Gold and Silver all at present above today's Neutral Zones; below same are Copper and Oil, and BEGOS Markets' volatility is pushing toward moderate. Our best current correlation amongst the five primary BEGOS components is negative between Oil and the Spoo: the best
- [28 October 2024 – 08:10 Central Euro Time](https://demeadville.com/28-october-2024-0810-central-euro-time/) - We begin the busy week finding at present the Bond, Swiss Franc, Gold and Oil below their respective Neutral Zones for today; above same is the Spoo, and volatility is moderate-to-robust, the Bond already having traced 110% of its EDTR (see Market Ranges). The Gold Update lauds the yellow metal's near-perfect performance this year, indeed
- [The Gold Update: No. 780 – (26 October 2024) – “Gold Taps a Ten-Year Frontier”](https://demeadville.com/the-gold-update-no-780-26-october-2024-gold-taps-a-ten-year-frontier/) - The Gold Update by Mark Mead Baillie — 780th Edition — Monte-Carlo — 26 October 2024 (published each Saturday) — www.deMeadville.com “Gold Taps a Ten-Year Frontier” ‘Tis taken ten years, but what just happened?“Well, mmb, I’m gonna take a stab at this: for the 207 trading days so far this year, Gold has made a record high for 37
- [25 October 2024 – 08:03 Central Euro Time](https://demeadville.com/25-october-2024-0803-central-euro-time/) - At present, we've the Bond above its Neutral Zone for today, whilst below same are both Gold and Copper; BEGOS Markets' volatility is again light. With the exception of Silver, EDTRs (see Market Ranges) have been falling for recent weeks across the BEGOS' board; for example, specific to the Spoo, its EDTR for 08 August
- [24 October 2024 – 08:01 Central Euro Time](https://demeadville.com/24-october-2024-0801-central-euro-time/) - Following a day wherein all eight BEGOS Markets finished in the red, today they all are at present in the black; currently above today's Neutral Zones are the Bond, the Metals Triumvirate, and Oil; session volatility is light. Going 'round the Market Values horn (in real-time) for the five primary BEGOS components: the Bond vis-à-vis
- [23 October 2024 – 08:04 Central Euro Time](https://demeadville.com/23-october-2024-0804-central-euro-time/) - We've both the Bond and Swiss Franc at present below their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is pushing toward moderate. Gold for now a fifth-consecutive session has recorded an All-Time High, this latest thus far today being 2767; too, Silver has achieved the 35
- [22 October 2024 – 08:14 Central Euro Time](https://demeadville.com/22-october-2024-0814-central-euro-time/) - The Bond continues to work lower as yields rise, price at present below today's Neutral Zone as is the Spoo; above same are both Gold and Silver, and BEGOS Markets' volatility again is light. The Bond's "Baby Blues" (see Market Trends) have not yet eclipsed above their -80% axis as the selling continues. Looking at
- [21 October 2024 – 08:21 Central Euro Time](https://demeadville.com/21-october-2024-0821-central-euro-time/) - At present we've the Euro below its Neutral Zone for today, whilst above same are Silver and Copper; BEGOS Markets' volatility is light. Gold thus far has made a marginal All-Time High at 2748; The Gold Update cites price's having risen even as -- unusually -- have the levels of the Dollar Index, yields, S&P
- [The Gold Update: No. 779 – (19 October 2024) – “Gold Up; Dollar Up; Yields Up -- What's UP?”](https://demeadville.com/the-gold-update-no-779-19-october-2024-gold-up-dollar-up-yields-up-whats-up/) - The Gold Update by Mark Mead Baillie — 779th Edition — Monte-Carlo — 19 October 2024 (published each Saturday) — www.deMeadville.com “Gold Up; Dollar Up; Yields Up — What’s UP?” ‘Tis simple really. Against all conventional wisdom (to the extent that any wisdom whatsoever remains as The Investing Age of Stoopid rolls merrily along), Gold is merely yet again
- [18 October 2024 – 08:23 Central Euro Time](https://demeadville.com/18-october-2024-0823-central-euro-time/) - The three elements of our Metals Triumvirate are all at present above today's Neutral Zones, whilst below same is the Bond; BEGOS Markets' volatility is light-to-moderate. Per Wednesday's comment, the Bond's "Baby Blues" (see Market Trends) have yet to curl up above their -80% axis: thus at bay remains our notion for a move up
- [17 October 2024 – 08:18 Central Euro Time](https://demeadville.com/17-october-2024-0818-central-euro-time/) - The Bond, Swiss Franc, Silver and Copper all are at present below their respective Neutral Zones for today; Gold is above same, and session volatility is light. Going 'round the Market Values horn for the five primary BEGOS Markets (in real-time): the Bond is better than -5 points "low" vis-à-vis its smooth valuation line, the
- [16 October 2024 – 08:16 Central Euro Time](https://demeadville.com/16-october-2024-0816-central-euro-time/) - At present, all eight BEGOS Markets are within their respective Neutral Zones for today, and volatility is quite light. By Market Rhythms, the best of the bunch for pure swing consistency on a 10-test basis are the Bond's 12hr Parabolics and the Swiss Franc's 1hr Moneyflow, whilst on a 24-test basis we've the non-BEGOS Yen's
- [15 October 2024 – 08:19 Central Euro Time](https://demeadville.com/15-october-2024-0819-central-euro-time/) - As was the case 'round this time yesterday, again both Copper and Oil are at present below today's Neutral Zones, as too is the Euro; the Bond is above same, and BEGOS Markets' volatility is pushing toward moderate. Looking at correlations amongst the five primary BEGOS components, the best currently is positive between the Bond
- [14 October 2024 – 08:21 Central Euro Time](https://demeadville.com/14-october-2024-0821-central-euro-time/) - We've both Copper and Oil at present below today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is mostly light. The Gold Update -- a brief edition given our having been in motion on the weekend -- reiterates our near-term wariness for some weakness in price, whilst emphasizing our long-term
- [The Gold Update: No. 778 – (12 October 2024) – “Gold in 60 Seconds (III)”](https://demeadville.com/the-gold-update-no-778-12-october-2024-gold-in-60-seconds-iii/) - The Gold Update by Mark Mead Baillie — 778th Edition — Easternmost England — 12 October 2024 (published each Saturday) — www.deMeadville.com“Gold in 60 Seconds (III)” Our title’s Roman “III” is indicative of having used “Gold in 60 Seconds” now for the third time across these esteemed Saturday missives’ 15 years (previously on both 16 April ’16 and 08 March
- [11 October 2024 – 08:18 Central Euro Time](https://demeadville.com/11-october-2024-0818-central-euro-time/) - Similar to yesterday at this hour, BEGOS Markets' volatility is very light ahead of StateSide wholesale inflation for September. Gold is the sole component outside (above) its Neutral Zone for today; price is recovering much of its intra-week loss, although in real-time 'tis +54 points above its smooth valuation line (see Market Values); too, as
- [10 October 2024 – 08:20 Central Euro Time](https://demeadville.com/10-october-2024-0820-central-euro-time/) - As we saw yesterday 'round this time, the eight BEGOS Markets are presently all within today's Neutral Zones, with volatility very light (the average Market Ranges' EDTR thus far just 23%) ahead of retail inflation for September. Gold from Monday's open to Wednesday's close is sporting its weakest down week by points since that ending
- [09 October 2024 – 08:16 Central Euro Time](https://demeadville.com/09-october-2024-0816-central-euro-time/) - We've all eight BEGOS Markets at present within their respective Neutral Zones for today, and session volatility is quite light, indeed just half of what 'twas at this point yesterday. Gold's "Baby Blues" (see Market Trends) have followed those of Silver by also having confirmed settling below the key +80% axis; and indeed, Gold has
- [08 October 2024 – 08:15 Central Euro Time](https://demeadville.com/08-october-2024-0815-central-euro-time/) - At present we've the Bond above today's Neutral Zone, whilst below same are both Copper and Oil; session volatility on balance for the BEGOS Markets is mostly moderate, albeit Copper and Oil already have traded beyond 100% of their EDTRs (see Market Ranges). As noted yesterday, Silver's "Baby Blues" (see Market Trends) have confirmed settling
- [07 October 2024 – 08:17 Central Euro Time](https://demeadville.com/07-october-2024-0817-central-euro-time/) - As has been the case in recent trading sessions, we again see 'round this time that both precious metals are outside of today's Neutral Zones, in instance being below them, whilst the balance of the BEGOS Markets are within same; volatility is light. The Gold Update extols Silver's sterling past week even as Gold stood
- [The Gold Update: No. 777 – (05 October 2024) – “Gold Stands Idly By as Silver Nears a 12-Year High”](https://demeadville.com/the-gold-update-no-777-05-october-2024-gold-stands-idly-by-as-silver-nears-a-12-year-high/) - The Gold Update by Mark Mead Baillie — 777th Edition — Monte-Carlo — 05 October 2024 (published each Saturday) — www.deMeadville.com “Gold Stands Idly By as Silver Nears a 12-Year High” Welcome to edition “Triple-Seven” of The Gold Update, wherein we find the yellow metal having settled yesterday (Friday) at 2673, a -0.3% loss (-8 points) for the week.Silver
- [The Gold Update: No. 776 – (28 September 2024) – “Gold Surely Soaring; Stock Market Warning”](https://demeadville.com/the-gold-update-no-776-28-september-2024-gold-surely-soaring-stock-market-warning/) - The Gold Update by Mark Mead Baillie — 776th Edition — Monte-Carlo — 28 September 2024 (published each Saturday) — www.deMeadville.com “Gold Surely Soaring; Stock Market Warning“ Soaring indeed has been our Gold: year-to-date, price has risen from last year’s settle at 2072 to as high as 2709 this past Thursday, to then settle the week yesterday (Friday) at
- [04 October 2024 – 08:21 Central Euro Time](https://demeadville.com/04-october-2024-0821-central-euro-time/) - At present we've the Swiss Franc and Gold above today's Neutral Zones; none of the other BEGOS Markets are outside of same, and volatility is light with September's StateSide Payrolls for the Econ Baro in the balance. The Spoo's "Baby Blues" of trend consistency confirmed dropping below their key +80% axis, indicative of still lower
- [03 October 2024 – 08:19 Central Euro Time](https://demeadville.com/03-october-2024-0819-central-euro-time/) - Yet again in a 180° whirl-'round, today at this time we've both Gold and Silver below their respective Neutral Zones for today, as also is the Spoo; none of the other BEGOS Markets are above same, and volatility is light. For Gold by its Market Profile, we've volume resistance at 2684, whilst such support is
- [02 October 2024 – 08:08 Central Euro Time](https://demeadville.com/02-october-2024-0808-central-euro-time/) - Whereas at this time yesterday both precious metals were above their Neutral Zones, today currently Gold and Silver are below them; the other BEGOS Markets are within same and volatility is pushing toward moderate, the geo-political impetus of yesterday having subdued. Looking at Market Rhythms for pure swing consistency, on at 10-test basis our best
- [01 October 2024 – 08:16 Central Euro Time](https://demeadville.com/01-october-2024-0816-central-euro-time/) - Both Gold and Silver are at present above today's Neutral Zones; the other six BEGOS Markets are within same, and session volatility is light. By correlations amongst the five primary BEGOS components, the best currently is positive between the Euro and Gold. At Market Trends, the Bond's linreg has rotated from positive to negative, as
- [30 September 2024 – 08:11 Central Euro Time](https://demeadville.com/30-september-2024-0811-central-euro-time/) - Both Copper and Oil are at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility runs from light-to-robust, Copper notably already having raced 151% of its EDTR (see Market Ranges). The Gold Update -- despite the yellow metal's recent run to record highs -- cautions near-term overvaluation vis-à-vis
- [27 September 2024 – 08:17 Central Euro Time](https://demeadville.com/27-september-2024-0817-central-euro-time/) - The Swiss Franc plus all three elements of the Metals Triumvirate are at present below today's Neutral Zones; none of the other BEGOS Markets are above same, and volatility is pushing toward moderate. Maintaining an eye on the Market Values (in real-time) of the five primary BEGOS components: the Bond is basically trading at its
- [26 September 2024 – 08:25 Central Euro Time](https://demeadville.com/26-september-2024-0825-central-euro-time/) - Both Copper and the Spoo are on the up-move, each at present above their respective Neutral Zones for today; Oil is below same, and BEGOS Markets' volatility spans from light for the Bond to robust for Oil, the latter having already traced 131% of its EDTR (see Market Ranges). Oil is the sole component with
- [25 September 2024 – 08:11 Central Euro Time](https://demeadville.com/25-september-2024-0811-central-euro-time/) - We've weakness this morning in Silver and Copper, both at present below today's Neutral Zones; the other BEGOS Markets are within same, and volatility is light. As to Market Rhythms, our leaders for pure swing consistency are currently (on a 10-test basis) the Bond's 12hr Parabolics, the Euro's 15mn Moneyflow, and the 2hr MACD for
- [24 September 2024 – 08:10 Central Euro Time](https://demeadville.com/24-september-2024-0810-central-euro-time/) - Copper is the sole BEGOS Market at present outside (above) today's Neutral Zone; however, overall volatility is pushing well toward moderate, and specific to the red metal, it already has traced 107% of its EDTR (see Market Ranges), plus (now 4.4145) price has moved up above its 10-day Market Profile, for which key volume-price supports
- [23 September 2024 – 08:23 Central Euro Time](https://demeadville.com/23-september-2024-0823-central-euro-time/) - We start the week to find the Bond at present below its Neutral Zone for today; the other BEGOS Markets are within same, and volatility is light. The Gold Update highlights the yellow metal's further flying to new highs, but does question the Fed's -50bp rate cut versus our anticipated -25bp move; therein cited as
- [The Gold Update: No. 775 – (21 September 2024) – “Gold Flies as Dumbo* Whilst the Fed Goes Jumbo”](https://demeadville.com/the-gold-update-no-775-21-september-2024-gold-flies-as-dumbo-whilst-the-fed-goes-jumbo/) - The Gold Update by Mark Mead Baillie — 775th Edition — Monte-Carlo — 21 September 2024 (published each Saturday) — www.deMeadville.com“Gold Flies as Dumbo* Whilst the Fed Goes Jumbo” Thursday’s Prescient Commentary opened as follows: “We were wrong about the Fed, it having cut its Funds Rates -50bp rather than by our -25bp assertion; and as is our wont,
- [The Gold Update: No. 774 – (14 September 2024) – “Fresh Gold Highs for Buyers Wise”](https://demeadville.com/the-gold-update-no-774-14-september-2024-fresh-gold-highs-for-buyers-wise/) - The Gold Update by Mark Mead Baillie — 774th Edition — Monte-Carlo — 14 September 2024 (published each Saturday) — www.deMeadville.com“Fresh Gold Highs for Buyers Wise” Seasoned supporters of Gold well remember the late, great Richard Russell (decd. 2015), who said, (as on occasion herein reprised): “There’s never a bad time to buy Gold.” Surely in his ascended state, his spirit
- [20 September 2024 – 08:22 Central Euro Time](https://demeadville.com/20-september-2024-0822-central-euro-time/) - The Swiss Franc along with the Metals Triumvirate are at present above their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is light. The "live" (futs-adj'd) P/E of the S&P 500 is 42.6x (+68% above its inception a dozen years ago) and the annualized yield 1.286% vs.
- [19 September 2024 – 08:22 Central Euro Time](https://demeadville.com/19-september-2024-0822-central-euro-time/) - We were wrong about the Fed, it having cut its Funds Rates -50bp rather than by our -25bp assertion; and as is our wont, when we're flat out wrong, we fess up; (more on the Fed in Saturday's upcoming edition of The Gold Update). At present, the three elements of the Metals Triumvirate, plus Oil
- [18 September 2024 – 08:21 Central Euro Time](https://demeadville.com/18-september-2024-0821-central-euro-time/) - We've at present the Swiss Franc above today's Neutral Zone whilst below same are Silver and Copper; BEGOS Markets' volatility is mostly light. Looking at Market Rhythms for pure swing consistency, there are four to currently highlight on a 10-test basis: Oil's 2hr Price Oscillator, Silver's 4hr Parabolics, the Bond's 12hr Parabolics, and Gold's 1hr
- [17 September 2024 – 08:22 Central Euro Time](https://demeadville.com/17-september-2024-0822-central-euro-time/) - At present all eight BEGOS Markets are within today's Neutral Zones, and volatility is quite light ahead of a bevy of incoming metrics for the Econ Baro, namely September's NAHB Housing Index, August's Retail Sales and IndProd/CapUtil, plus July's Business Inventories. Going 'round the Market Values' horn for the five primary BEGOS components, we've: the
- [16 September 2024 – 08:16 Central Euro Time](https://demeadville.com/16-september-2024-0816-central-euro-time/) - The Euro, Swiss Franc, Gold and Silver all begin the week at present above their respective Neutral Zones for today; none of the other BEGOS Markets are below same, and volatility is mostly light. The Gold Update highlight's the yellow metal's fresh All-Time High and the comparably firmness of moneyflow into the Gold's futures contracts
- [13 September 2024 – 08:16 Central Euro Time](https://demeadville.com/13-september-2024-0816-central-euro-time/) - Gold both yesterday and today has recorded its first All-Time Highs since last so doing on 20 August (then 2570), the newest high now 2599. Gold at present is above its Neutral Zone for today, as is the Bond and Swiss Franc; none of the other BEGOS Markets are below same, and volatility is mostly
- [12 September 2024 – 08:20 Central Euro Time](https://demeadville.com/12-september-2024-0820-central-euro-time/) - Gold, Copper and Oil are all at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is light. At Market Trends, the Spoo's "Baby Blues" of trend consistency have (as anticipated in Tuesday's note) confirmed dropping below their 0% axis, the linreg having rotated from positive to negative;
- [11 September 2024 – 08:17 Central Euro Time](https://demeadville.com/11-september-2024-0817-central-euro-time/) - At present above their respective Neutral Zones for today are the Bond, Euro, Swiss Franc, Gold, Silver and Copper; below same is the Spoo, and volatility for the BEGOS Markets is firmly moderate. Oil yesterday traded down to a 16-month low (65.27). By Market Rhythms on a 10-test basis for pure swing consistency, we've for
- [10 September 2024 – 08:18 Central Euro Time](https://demeadville.com/10-september-2024-0818-central-euro-time/) - The Spoo is the sole BEGOS Market at present outside (below) today's Neutral Zone; session volatility to this point across the BEGOS spectrum is quite light, with nothing due for the Econ Baro. With respect to yesterday's +1.2% gain for the S&P 500, its MoneyFlow regressed into S&P points comparatively gained just +0.4%: such weakness
- [09 September 2024 – 08:16 Central Euro Time](https://demeadville.com/06-september-2024-0816-central-euro-time/) - The week begins finding only Silver and Oil are at present within today's Neutral Zones; below same are the Bond, Swiss Franc and Gold, whilst above are Copper and the Spoo; BEGOS Markets' volatility is pushing toward moderate. The Gold Update notes the stodgy state of late for the yellow metal, but the broader outlook
- [The Gold Update: No. 773 – (07 September 2024) – “Gold Stodgy; Stocks Dodgy”](https://demeadville.com/the-gold-update-no-773-07-september-2024-gold-stodgy-stocks-dodgy/) - The Gold Update by Mark Mead Baillie — 773rd Edition — Monte-Carlo — 07 September 2024 (published each Saturday) — www.deMeadville.com“Gold Stodgy; Stocks Dodgy” Per our prior missive on Gold having recorded its second-narrowest trading week of 2024 (by percentage distance between high and low), now this last week’s performance perhaps is best categorized as “stodgy”, which by the Oxford English Dictionary
- [06 September 2024 – 08:12 Central Euro Time](https://demeadville.com/06-september-2024-0812-central-euro-time/) - The Swiss Franc at present is the sole BEGOS Market outside (above) today's Neutral Zone; session volatility is light, with StateSide August Payrolls in the balance for the Econ Baro. The Spoo (inclusive of today thus far) has made a fourth consecutive daily "lower low": again as noted yesterday (and, too, as "X'd" [@deMeadvillePro]), the
- [05 September 2024 – 08:12 Central Euro Time](https://demeadville.com/05-september-2024-0812-central-euro-time/) - At present, all eight BEGOS Markets are within their respective Neutral Zones for today, and volatility is quite light, within the context that most EDTRs (see Market Ranges) are well-elevated above their narrower levels of last Spring. By Market Trends, the Spoo's "Baby Blues" of trend consistency yesterday confirmed having moved below their key +80%
- [04 September 2024 – 08:23 Central Euro Time](https://demeadville.com/04-september-2024-0823-central-euro-time/) - The Swiss Franc is at present above its Neutral Zone for today, whilst below same are both Copper and the Spoo; BEGOS Markets' volatility is light. The S&P 500 at the moment would open down another -0.5% "as the selling continues": obviously foretelling all this have been weak earnings, unsupportive MoneyFlow and strained "textbook overbought"
- [03 September 2024 – 08:11 Central Euro Time](https://demeadville.com/03-september-2024-0811-central-euro-time/) - The BEGOS Markets' two-day session continues, wherein at present we've the Swiss Franc below its Neutral Zone, as are the elements of the Metals Triumvirate; none of the other components are above same, and volatility has expectedly moved to firmly moderate. Going 'round the horn at Market Values for the five primary BEGOS components: the
- [02 September 2024 – 08:31 Central Euro Time](https://demeadville.com/02-september-2024-0831-central-euro-time/) - The first of the BEGOS Markets' two-day session (given the StateSide holiday) finds at present the Bond, Silver, Copper and Oil all below their respective Neutral Zones for today; none of the other BEGOS components are above same, and volatility is light-to-moderate, Silver notably already having traced 82% of its EDTR (see Market Ranges). The
- [The Gold Update: No. 772 – (31 August 2024) – “Gold's 2nd-Narrowest Week; GDP Defies Belief”](https://demeadville.com/the-gold-update-no-772-31-august-2024-golds-2nd-narrowest-week-gdp-defies-belief/) - The Gold Update by Mark Mead Baillie — 772nd Edition — Monte-Carlo — 31 August 2024 (published each Saturday) — www.deMeadville.com“Gold’s 2nd-Narrowest Week; GDP Defies Belief” 2024’s second quadrimestre is now complete. So let’s start with our title’s second phrase “GDP Defies Belief”. For Q2’s annualized GDP growth rate was just raised from an improbable first estimate of +2.8% to now an impossible second
- [The Gold Update: No. 771 – (24 August 2024) – “Gold Gradually Grips as the Dollar Decidedly Dips”](https://demeadville.com/the-gold-update-no-771-24-august-2024-gold-gradually-grips-as-the-dollar-decidedly-dips/) - The Gold Update by Mark Mead Baillie — 771st Edition — Monte-Carlo — 24 August 2024 (published each Saturday) — www.deMeadville.com“Gold Gradually Grips as the Dollar Decidedly Dips““ FedChair Powell’s “Friday Thunder” echoingly careened throughout the cascading heights of Wyoming’s Grand Tetons, across the nation and ’round the world. “The time has come” rate cut quip resulted in a
- [30 August 2024 – 08:18 Central Euro Time](https://demeadville.com/30-august-2024-0818-central-euro-time/) - At present we've Gold below its Neutral Zone for today, whilst above same is Copper; BEGOS Markets' volatility is quite light. With Friday in the balance, Gold otherwise is putting in one of the year's more narrow weeks; still, we'll see where Gold stands overall in tomorrow's 772nd consecutive Saturday edition of The Gold Update.
- [29 August 2024 – 08:26 Central Euro Time](https://demeadville.com/29-august-2024-0826-central-euro-time/) - A reversal of what we saw 'round this time yesterday: now the Euro, Swiss Franc, Gold, Silver, Copper are all above today's Neutral Zones; the other BEGOS Markets are within same, and session volatility is light-to-moderate. Looking at Market Profiles, the most dominantly-traded prices (mildly rounded) across the past 10 trading days are as follows:
- [28 August 2024 – 08:20 Central Euro Time](https://demeadville.com/28-august-2024-0820-central-euro-time/) - A more robust start to the day for BEGOS Markets: we've the Euro, Swiss Franc, Gold, Silver and Copper all at present below their respective Neutral Zones for today; the balance of the bunch are within same, and volatility is moderate. By Market Rhythms for pure swing consistency, leading on the 10-test basis are the
- [27 August 2024 – 08:13 Central Euro Time](https://demeadville.com/27-august-2024-0813-central-euro-time/) - Just as was the case 'round this time yesterday, Copper again is the only BEGOS Market currently outside (above) today's Neutral Zone, with session volatility again light. The course of Market Trends throughout the Dollar's recent decline has sported positive linregs for all the BEGOS Components, save for Oil: however, the latter's"Baby Blues" of trend
- [26 August 2024 – 08:16 Central Euro Time](https://demeadville.com/26-august-2024-0816-central-euro-time/) - Copper is the sole BEGOS Market at present outside (above) its Neutral Zone for today; session volatility is light and by Market Ranges, EDTRs (save for that of the Euro) continue to narrow, albeit are (in some cases) above average ranges looking back a year. The Gold Update addresses price by Market Values as being
- [23 August 2024 – 08:17 Central Euro Time](https://demeadville.com/23-august-2024-0817-central-euro-time/) - Silver and Copper are at present above today's Neutral Zones; otherwise, BEGOS Market's volatility continues as quite light, similar to that of the prior two sessions to this point. Looking at the five primary components vis-à-vis their Market Values (in real-time), we've the Bond nearly +4 points "high" above its smooth valuation line, the Euro
- [22 August 2024 – 08:49 Central Euro Time](https://demeadville.com/22-august-2024-0849-central-euro-time/) - At present, all eight BEGOS Markets are within today's Neutral Zones, and volatility is again quite light. Gold, after having further achieved another All-Time High (2570) on Tuesday, is currently 2541 and, in fact, is mildly net lower to this point of the week; again the current edition of The Gold Update cites notable price
- [21 August 2024 – 08:31 Central Euro Time](https://demeadville.com/21-august-2024-0831-central-euro-time/) - Just the Euro is at present outside (below) today's Neutral Zone; BEGOS Markets' volatility is quite light, and EDTRs (see Market Ranges) whilst elevated are nonetheless falling, (save for that of the Euro). Looking 'round the Market Profiles horn, save for Oil, the other seven BEGOS components are trading high relative to their pricing across
- [20 August 2024 – 08:21 Central Euro Time](https://demeadville.com/20-august-2024-0821-central-euro-time/) - The Euro, Copper and Oil are all at present below their respective Neutral Zones for today; none of the other BEGOS Markets are above same, and volatility to this point of the session is light relative to yesterday 'round the same time. Our best correlation amongst the five primary BEGOS components is positive between the
- [19 August 2024 – 08:12 Central Euro Time](https://demeadville.com/19-august-2024-0812-central-euro-time/) - The week begins finding both the Euro and Swiss Franc at present above today's Neutral Zones; none of the other BEGOS Markets are outside of same, but volatility already may be deemed as moderate: again, mind the Market Ranges page to maintain context for current ETDR readings. The Gold Update acknowledges the yellow metal's new
- [The Gold Update: No. 770 – (17 August 2024) – “Gold Again Gains a Marginal All-Time High”](https://demeadville.com/the-gold-update-no-770-17-august-2024-gold-again-gains-a-marginal-all-time-high/) - The Gold Update by Mark Mead Baillie — 770th Edition — Monte-Carlo — 17 August 2024 (published each Saturday) — www.deMeadville.com “Gold Again Gains a Marginal All-Time High““ As herein penned last Saturday: “…Gold is well within range for a fresh All-Time High (above 2538 basis December) in the new week…”And so it came to pass, the yellow metal
- [16 August 2024 – 08:23 Central Euro Time](https://demeadville.com/16-august-2024-0823-central-euro-time/) - BEGOS Markets' volatility is very light thus far with just the Euro at present outside (above) today's Neutral Zone. The S&P 500's recovery rally off of what had been a "textbook oversold" condition has been marred by weak monetary inflow per our MoneyFlow page and notably therein the 5-day and 21-day measures; too, the overall
- [15 August 2024 – 08:19 Central Euro Time](https://demeadville.com/15-august-2024-0819-central-euro-time/) - 'Tis a significant session for economic data, the Econ Baro due to receive 10 incoming metrics: thus 'tis not surprising to find all eight BEGOS Markets at present within their respective Neutral Zones for today with volatility to this point very light. Going 'round the Market Profiles horn, the most dominantly-traded prices for the past
- [14 August 2024 – 08:23 Central Euro Time](https://demeadville.com/14-august-2024-0823-central-euro-time/) - Copper is at present the only BEGOS Market outside (below) today's Neutral Zone; session volatility is continues quiet given the hour. The S&P 500 yesterday fully unwound what had been a 13-session run of being "textbook oversold", albeit in the process its "live" is now (futs-adj'd) 40.2x and the yield 1.348%; the 3mo U.S. T-Bill
- [13 August 2024 – 08:25 Central Euro Time](https://demeadville.com/13-august-2024-0825-central-euro-time/) - We've at present the Swiss Franc, Silver and Copper below their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility again is relatively quite light given the recent expansion in EDTRs (see Market Ranges); for yesterday, the Spoo's EDTR was 120 points, yet the actual range just 40
- [12 August 2024 – 08:24 Central Euro Time](https://demeadville.com/12-august-2024-0824-central-euro-time/) - We start the week with just the Swiss Franc at present outside (below) its Neutral Zone for today; otherwise, BEGOS Markets' volatility is quite light, again within the context that by Market Ranges, EDTRs have notably expanded of late: for the Spoo, 'tis now 120 points. Too, by Market Values, the Spoo is (in real-time)-195
- [The Gold Update: No. 769 – (10 August 2024) – “Hilarious Herd Hysteria; Gold Holds Its Area”](https://demeadville.com/the-gold-update-no-769-10-august-2024-hilarious-herd-hysteria-gold-holds-its-area/) - The Gold Update by Mark Mead Baillie — 769th Edition — Monte-Carlo — 10 August 2024 (published each Saturday) — www.deMeadville.com“Hilarious Herd Hysteria; Gold Holds Its Area““ Let’s start with stocks, notably citing the hilarity of the FinMedia & Herd hysteria. Not that we need be reminded, however this past Monday’s (05 August) selling underscored the stock market’s otherwise
- [09 August 2024 – 08:28 Central Euro Time](https://demeadville.com/09-august-2024-0828-central-euro-time/) - Both the Bond and Copper are at present above today's Neutral Zones; none of the other BEGOS Markets are below same, and volatility is light. The rally in the Spoo nonetheless still finds it by Market Values (in real-time) as -223 points below the smooth valuation line; the S&P 500 itself is now 11 days
- [08 August 2024 – 08:15 Central Euro Time](https://demeadville.com/08-august-2024-0815-central-euro-time/) - At present, none of the BEGOS Markets are below their respective Neutral Zones for today, whilst above same are the Bond, Euro, Swiss Franc, Silver and Copper; volatility is light-to-moderate in the context that EDTRs (see Market Ranges) have of late been expanding: indeed that today for the Spoo is 116 points. Gold's daily MACD
- [07 August 2024 – 08:15 Central Euro Time](https://demeadville.com/07-august-2024-0815-central-euro-time/) - Both the Euro and Swiss Franc are at present below today's Neutral Zones, whilst above same is the Spoo; BEGOS Market's volatility is moderate-to-robust, the Swiss Franc notably already having traded 115% of its EDTR (see Market Ranges). For the S&P 500, just as monetary outflow was relatively "thin" during the three-day selloff, so yesterday
- [06 August 2024 – 08:14 Central Euro Time](https://demeadville.com/06-august-2024-0814-central-euro-time/) - As is typically led by the MoneyFlow Page (see The S&P 500), were RTH to commence at this instant the S&P would open +74 points (+1.4%) as -- despite the selling these past three sessions -- the monetary outflow has not been as severe as the change in the Index itself; indeed, the S&P is
- [05 August 2024 – 08:30 Central Euro Time](https://demeadville.com/05-august-2024-0830-central-euro-time/) - The Spoo is sufficiently lower (-2.7%) such that were RTH to begin at this moment, the S&P itself would open -3.1%. BEGOS Markets' volatility is robust, with at present the Bond and Swiss Franc above today's Neutral Zones, whilst below same are the Metals Triumvirate, Oil and Spoo. The Gold Update points to the yellow
- [The Gold Update: No. 768 – (03 August 2024) – “Gold Makes a 'FATH'; Stocks Take a Bath”](https://demeadville.com/the-gold-update-no-768-03-august-2024-gold-makes-a-fath-stocks-take-a-bath/) - The Gold Update by Mark Mead Baillie — 768th Edition — Monte-Carlo — 03 August 2024 (published each Saturday) — www.deMeadville.com“Gold Makes a ‘FATH’; Stocks Take a Bath““ We’ll explain Gold’s “FATH” in the next paragraph. But by now, we ought well be getting used to this. Futures contacts — far and away the most liquid non-physical form of Gold trading
- [The Gold Update: No. 767 – (27 July 2024) – “Gold Gets Gut-Punched ... Again”](https://demeadville.com/the-gold-update-no-767-27-july-2024-gold-gets-gut-punched-again/) - The Gold Update by Mark Mead Baillie — 767th Edition — Monte-Carlo — 27 July 2024 (published each Saturday) — www.deMeadville.com“Gold Gets Gut-Punched … Again“ On the heels of last week’s piece “Another Gold Pop n’ Flop”, now we’ve “Gold Gets Gut-Punched … Again” But be thee not at ends, dear friends. For as we’ll herein see, Gold’s weekly
- [02 August 2024 – 08:40 Central Euro Time](https://demeadville.com/02-august-2024-0840-central-euro-time/) - The S&P 500's intraday high-to-low percentage loss yesterday of -2.8% was its worst since 02 November 2022; the session's -164 intraday points loss was the worst since 05 May 2022; whilst the Index is now five days "textbook oversold", it remains vastly overvalued per the "live" (futs-adj'd) P/E now 37.7x. At present we've the Euro
- [01 August 2024 – 08:31 Central Euro Time](https://demeadville.com/01-august-2024-0831-central-euro-time/) - Gold by its "continuous front month" cac has reached 2500 to an All-Time High so far in this session of 2503: again this incorporates the robust additional premium per the rollover from the August cac to that for December, (for which 2538 would become a "true" ATH). Meanwhile at present, we've the Bond below its
- [31 July 2024 – 08:31 Central Euro Time](https://demeadville.com/31-july-2024-0831-central-euro-time/) - The final day of this month brings the FOMC's Policy Statement (18:00 GMT release): were the Fed to react to the steeply falling Econ Baro, they'd cut; rather to the "oblivious" GDP, they'll stand pat. At present we've the Metals Triumvirate, Oil and Spoo (+1.2%) all above their respective Neutral Zones for today; none of
- [30 July 2024 – 08:29 Central Euro Time](https://demeadville.com/30-july-2024-0829-central-euro-time/) - Both the Swiss Franc and Copper are at present below today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is light. Q2 Earnings Season is not quite halfway completed for the S&P 500 constituents: of the 191 reports thus far, 69% are better than a year ago, which (ex-COVID quarters)
- [29 July 2024 – 08:49 Central Euro Time](https://demeadville.com/29-july-2024-0849-central-euro-time/) - The week is underway with at present both Oil and the Spoo above today's Neutral Zones; volatility is moderate. The Gold Update cites the new parabolic Long trend as having struggled through its first two weeks: when this has happened historically, it does not fare well for the yellow metal over the near term; presently
- [26 July 2024 – 08:24 Central Euro Time](https://demeadville.com/26-july-2024-0824-central-euro-time/) - Only the Spoo is at present outside (above) its Neutral Zone for today, and BEGOS Markets volatility is pushing toward moderate. The S&P 500 concluded yesterday as mildly "textbook oversold", albeit its massive overvaluation vis-à-vis earnings remains the ultimate concern (the futs-adj'd "live" P/E is 39.3x). Still, by Market Values, the Spoo (in real time)
- [25 July 2024 – 08:31 Central Euro Time](https://demeadville.com/25-july-2024-0831-central-euro-time/) - At present above their respective Neutral Zones for today are the Bond and Swiss Franc, whilst below same are Gold, Silver, Oil and the Spoo; BEGOS Markets' volatility is moderate-to-robust, the two precious metals already having traced 100% or more of their EDTRs (see Market Ranges). The -2.3% decline in the S&P 500 yesterday was
- [24 July 2024 – 08:20 Central Euro Time](https://demeadville.com/24-july-2024-0820-central-euro-time/) - Gold is the sole BEGOS Market at present above its Neutral Zone for today, whilst below same is the Spoo; session volatility is moderate; (of note, the non-BEGOS Yen has traced 112% of its EDTR, which for our other components you can see at Market Ranges). The best current correlation amongst the five primary BEGOS
- [23 July 2024 – 08:38 Central Euro Time](https://demeadville.com/23-july-2024-0838-central-euro-time/) - At present all three elements of the BEGOS Markets' Metals Triumvirate are below today's Neutral Zones, as too is the Spoo; none of the other components are above same, and session volatility is again pushing toward moderate. Gold has moved below last week's low, but the new parabolic Long trend is well out of daily
- [22 July 2024 – 08:28 Central Euro Time](https://demeadville.com/22-july-2024-0828-central-euro-time/) - Both the Bond and Spoo are at present above today's Neutral Zones, whilst Silver is below same; volume is pushing toward moderate. The Gold Update cites price's "pop n' flop" per last week's run to an All-Time High at 2488 only to have since succumbed to 2396; whereas Gold on its record run reached some
- [The Gold Update: No. 766 – (20 July 2024) – “Another Gold Pop n' Flop”](https://demeadville.com/the-gold-update-no-766-20-july-2024-another-gold-pop-n-flop/) - The Gold Update by Mark Mead Baillie — 766th Edition — Monte-Carlo — 20 July 2024 (published each Saturday) — www.deMeadville.com “Another Gold Pop n’ Flop“ Upon Gold’s record run this past Tuesday into Wednesday’s fresh All-Time High of 2488, we gave pensive consideration to entitling this week’s piece as “The Joy of Being Wrong”. After all, given Gold’s
- [19 July 2024 – 08:11 Central Euro Time](https://demeadville.com/19-july-2024-0811-central-euro-time/) - The Euro, Swiss Franc, Gold and Silver are at present all below today's Neutral Zones; the other BEGOS Markets are within same, and volatility is moderate. Gold (2426) is well-off the fresh All-Time High of 2488 established on Wednesday, but 'tis not negative enough to preclude the weekly parabolic trend having provisionally flipped from Short
- [18 July 2024 – 08:31 Central Euro Time](https://demeadville.com/18-july-2024-0831-central-euro-time/) - The Euro is at present below its Neutral Zone for today, whilst above same are both Gold and the Spoo; BEGOS Markets' volatility is light. Yesterday's -1.4% decline for the S&P 500 was hardly enough to undo the Index's "textbook overbought" condition as it now enters a 27th straight trading day as such. Going 'round
- [17 July 2024 – 08:31 Central Euro Time](https://demeadville.com/17-july-2024-0831-central-euro-time/) - Both Silver and the Spoo are at present below today's Neutral Zones; the balance of he BEGOS Markets are within same, and volatility is moderate. Yesterday the S&P 500 completed a 26th consecutive trading day as "textbook overbought"; the "live" (futs-adj'd) P/E is 43.3x. Oil's cac volume is rolling from August into that for September;
- [16 July 2024 – 08:41 Central Euro Time](https://demeadville.com/16-july-2024-0841-central-euro-time/) - 'Tis a mixed bag at present for the BEGOS Markets with the Bond, Gold and Silver above their respective Neutral Zones for today, whilst below same are the Euro and Oil; session volatility is light. Looking at Market Trends for all eight components, only the Bond and Swiss Franc are in negative linregs. Gold yesterday
- [15 July 2024 – 08:25 Central Euro Time](https://demeadville.com/15-july-2024-0825-central-euro-time/) - At present we've the Bond, Euro, Swiss Franc, Gold and Copper all below today's Neutral Zones; the other BEGOS Markets are within same, and volatility is pushing toward moderate. The Gold Update takes a more positive near-term stance on the yellow metal without the 2247-2171 structural support zone having (at least yet) been tested, albeit
- [The Gold Update: No. 765 – (13 July 2024) – “Gold Fights the Negatives; Eyes Higher Determinatives”](https://demeadville.com/the-gold-update-no-765-13-july-2024-gold-fights-the-negatives-eyes-higher-determinatives/) - The Gold Update by Mark Mead Baillie — 765th Edition — Monte-Carlo — 13 July 2024 (published each Saturday) — www.deMeadville.com “Gold Fights the Negatives; Eyes Higher Determinatives“ Recall a week ago (per “Gold Gives Thanks as the Economy Tanks”) our having itemized an array of fundamental Gold positives, albeit there still continue technical Gold negatives, price thus having been somewhat
- [12 July 2024 – 08:19 Central Euro Time](https://demeadville.com/12-july-2024-0819-central-euro-time/) - As in a mirror when 'round this time yesterday when all the elements of the Metals Triumvirate were above the day's Neutral Zones, today all three are below same; the other BEGOS Markets are within their said Zones, and session volatility with wholesale inflation in the balance is moderate. Despite yesterday's -0.9% decline in the
- [11 July 2024 – 08:19 Central Euro Time](https://demeadville.com/11-july-2024-0819-central-euro-time/) - Toward week's end with much anticipated data on inflation, we've all three elements of the Metals Triumvirate above today's Neutral Zones; none of the other BEGOS Markets are below same, and volatility is again quite light for this hour of the session. The S&P 500 continues to pound out record highs, the mighty Index now
- [10 July 2024 – 08:10 Central Euro Time](https://demeadville.com/10-july-2024-0810-central-euro-time/) - We've at present both Copper and Oil below their respective Neutral Zones for today; none of the other BEGOS Markets are outside of same, and volatility is quite light. Looking at Market Rhythms for pure swing consistency: topping the list on a 10-test basis are the Euro's 2hr MACD, Swiss Franc's 1hr Moneyflow, Bond's 8hr
- [09 July 2024 – 08:27 Central Euro Time](https://demeadville.com/09-july-2024-0827-central-euro-time/) - Both Silver and Copper are at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is light. Gold took a bit of a hit yesterday, reminding us that key weekly technicals remain negatively in place (MACD and Parabolics); three weeks remain until the next FOMC Policy Statement, wherein
- [08 July 2024 – 08:37 Central Euro Time](https://demeadville.com/08-july-2024-0837-central-euro-time/) - "Down" describes the state of the BEGOS Markets to start the week: save for the Swiss Franc (+0.1%), the seven other components are in the red with just the Bond and Spoo (albeit lower) at present inside today's Neutral Zones; session volatility is pushing toward moderate. The Gold Update still confirms the key weekly measures
- [The Gold Update: No. 764 – (06 July 2024) – “Gold Gives Thanks as the Economy Tanks”](https://demeadville.com/the-gold-update-no-764-06-july-2024-gold-gives-thanks-as-the-economy-tanks/) - The Gold Update by Mark Mead Baillie — 764th Edition — Monte-Carlo — 06 July 2024 (published each Saturday) — www.deMeadville.com“Gold Gives Thanks as the Economy Tanks“ Through recent missives we’ve been near-term negative on Gold, indeed looking for a move down to test the 2247-2171 structural support zone. Such read remains in concert with price’s weekly MACD (moving
- [05 July 2024 – 08:32 Central Euro Time](https://demeadville.com/05-july-2024-0832-central-euro-time/) - The two-day BEGOS Market's stint continues. At present we've the Euro, Swiss Franc, Gold and Copper above their respective Neutral Zones for the session; none of the other BEGOS components are below same, and volatility (given two days of movement) is moderate-to-robust, both the Swiss Franc and Copper having traced in excess of 100% of
- [04 July 2024 – 08:16 Central Euro Time](https://demeadville.com/04-july-2024-0816-central-euro-time/) - Given the StateSide holiday, the BEGOS Markets are in a two-day session (for Friday Settle) with the Swiss Franc at present above its Neutral Zone whilst Silver is below same; not surprisingly, volatility is light, the Spoo having thus far just traced 13% of its EDTR (see Market Ranges). Looking at Market Rhythms on a
- [03 July 2024 – 08:39 Central Euro Time](https://demeadville.com/03-july-2024-0839-central-euro-time/) - The Swiss Franc is at present below its Neutral Zone for today; above same are both Silver and Copper, and BEGOS Markets' volatility is mostly light ahead of early closures for the Spoo and S&P 500. The latter settled above 5500 for the first time yesterday, albeit two recent days posted intra-day highs above that
- [02 July 2024 – 08:39 Central Euro Time](https://demeadville.com/02-july-2024-0839-central-euro-time/) - The Swiss Franc is at present the only BEGOS Market outside (below) its Neutral Zone for today; session volatility is quite light. The firmest correlation amongst the five primary BEGOS components is one which is positive between Gold and Oil, although by Market Trends, the former's linreg is negative whilst the latter's is positive; (the
- [01 July 2024 – 08:43 Central Euro Time](https://demeadville.com/01-july-2024-0843-central-euro-time/) - The year's second half starts with both the Euro and Oil at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is moderate within the context that by Market Ranges, EDTRs have been narrowing. The Gold Update cites confirmation of the yellow metal's weekly parabolic trend having flipped
- [The Gold Update: No. 763 – (29 June 2024) – “Gold Looks to Support as Our Key Trend Goes Short”](https://demeadville.com/the-gold-update-no-763-29-june-2024-gold-looks-to-support-as-our-key-trend-goes-short/) - The Gold Update by Mark Mead Baillie — 763rd Edition — Monte-Carlo — 29 June 2024 (published each Saturday) — www.deMeadville.com “Gold Looks to Support as Our Key Trend Goes Short“ “And so we are halfway.” In this case ’tis not Fräulein Irma Bunt to James Bond (in the guise of Sir Hilary Bray) whilst walking upon the snowy
- [28 June 2024 – 08:36 Central Euro Time](https://demeadville.com/28-june-2024-0836-central-euro-time/) - Early on in the final trading day (by months) of the year's first half, we've the Bond at present below today's Neutral Zone; above same are Silver, Copper and Oil, and volatility is pushing toward moderate. Going 'round the Market Values horn for our five primary BEGOS Markets: in real-time we've the Bond as +1
- [27 June 2024 – 08:37 Central Euro Time](https://demeadville.com/27-june-2024-0837-central-euro-time/) - The Euro is at present above today's Neutral Zone, whereas the balance of the BEGOS Markets are within same; volatility is notably light, with 10 metrics incoming for the Econ Baro over the next two sessions. As "X'd" (@deMeadvillePro) yesterday, Gold's weekly parabolic trend has provisionally flipped from Long to Short, setting up a test
- [26 June 2024 – 08:41 Central Euro Time](https://demeadville.com/26-june-2024-0841-central-euro-time/) - At present we've the Bond, Euro, Swiss Franc, and Gold all below their respective Neutral Zones for today; above same is Oil, and volatility is again light. Preferential Market Rhythms displaying the best swing consistency through yesterday are (on a 10-test basis) the Euro's 15mn EMA, and (on a 24-test basis) both the Spoo's daily
- [25 June 2024 – 08:49 Central Euro Time](https://demeadville.com/25-june-2024-0849-central-euro-time/) - Gold is the sole BEGOS Market at present outside (below) its Neutral Zone for today; session volatility is light. Going 'round the horn for all eight Market Trends: the Bond, Swiss Franc, Oil and Spoo are in positive linreg; negative is that for the Euro, Gold, Silver, and Copper. Whilst the S&P 500 yesterday was
- [24 June 2024 – 08:14 Central Euro Time](https://demeadville.com/24-june-2024-0814-central-euro-time/) - A quiet start to the week as we move toward the mid-point of the trading year: at present, all eight BEGOS Markets are within today's Neutral Zones, volatility being light. The Gold Update cites the yellow metal's fundamental grip, albeit the near-term weekly technicals lack strength: penetration of 2320 this week would flip the key
- [The Gold Update: No. 762 – (22 June 2024) – “Gold Fundamentally Seeking Grip; Technically Still Facing Dip”](https://demeadville.com/the-gold-update-no-762-22-june-2024-gold-fundamentally-seeking-grip-technically-still-facing-dip/) - The Gold Update by Mark Mead Baillie — 762nd Edition — Monte-Carlo — 22 June 2024 (published each Saturday) — www.deMeadville.com “Gold Fundamentally Seeking Grip; Technically Still Facing Dip“ To be sure, our recent missives have been near-term negative for Gold, at least technically so, an eye to the 2247-2171 zone apropos. Still, as you know, Gold these past two weeks
- [21 June 2024 – 08:10 Central Euro Time](https://demeadville.com/21-june-2024-0810-central-euro-time/) - Summer's first full day begins as the week ends wherein we've the Euro as the sole BEGOS Market at present outside (above) today's Neutral Zone; volatility is quite light. Gold has relinquished its positive correlation with the Spoo and is now better teamed with Oil, both exhibiting uptrends these last couple of weeks, albeit Gold's
- [20 June 2024 – 08:34 Central Euro Time](https://demeadville.com/20-june-2024-0834-central-euro-time/) - The two-day session continues for the BEGOS Markets: now we've the Bond below today's Neutral Zone, whilst above same are Gold, Silver and the Spoo; session volatility expectedly has upshifted to moderate. Given the rise in the Spoo from Tuesday, the S&P 500 is poised to open (at this writing) above 5500 for the first
- [19 June 2024 – 08:43 Central Euro Time](https://demeadville.com/19-june-2024-0843-central-euro-time/) - Given the StateSide holiday, we've a two-day GLOBEX session in progress: at present, all eight BEGOS Markets are within their respective Neutral Zones for the session, and volatility is very light. Looking at Market Rhythms for pure swing consistency, on a 10-test basis the leader is the Euro's 1hr MACD, whilst on a 24-test basis
- [18 June 2024 – 08:44 Central Euro Time](https://demeadville.com/18-june-2024-0844-central-euro-time/) - Following another record-high day for the S&P 500 (the "live" fut's adj'd P/E now 42.1x; and by our MoneyFlow page, dough continues to pour into this vastly overvalued Index), we've Oil at present the sole BEGOS Market outside (below) its Neutral zone for today; session volatility is mostly light. At Market Values, the insatiable Spoo
- [17 June 2024 – 08:20 Central Euro Time](https://demeadville.com/17-june-2024-0820-central-euro-time/) - As the week commences we've all eight BEGOS Markets in the red; six of the eight (save for the Swiss Franc and Spoo) are at present below their respective Neutral Zones for today, and session volatility is mostly light, expect for Copper having thus far traced 64% of its EDTR (see Market Ranges). The Gold
- [The Gold Update: No. 761 – (15 June 2024) – “Gold Firms; Fed Squirms”](https://demeadville.com/the-gold-update-no-761-15-june-2024-gold-firms-fed-squirms/) - The Gold Update by Mark Mead Baillie — 761st Edition — Monte-Carlo — 15 June 2024 (published each Saturday) — www.deMeadville.com “Gold Firms; Fed Squirms“ First to Gold, then the economic mold (its detritus, all told).As herein anticipated a week ago: Gold’s weekly MACD (moving average convergence divergence) has now confirmed crossing to negative, despite price’s +1.6% up week in settling
- [14 June 2024 – 08:37 Central Euro Time](https://demeadville.com/14-june-2024-0837-central-euro-time/) - Gold is at present the only BEGOS Market outside (above) its Neutral Zone for today; still, barring a significant up day, Gold shall compete its week with the weekly MACD having confirmed going negative: more in tomorrow's 761st consecutive Saturday edition of The Gold Update. Session volatility is light; of note however is the Yen
- [13 June 2024 – 08:35 Central Euro Time](https://demeadville.com/13-june-2024-0835-central-euro-time/) - Following the somewhat "stubborn-to-cut-Fed" (let alone our year-to-date musings instead about a hike), the Dollar's furthering a bit of a bid today: at present below their respective Neutral Zones for this session are the Swiss Franc, Gold and Silver; indeed across the board, all eight BEGOS Markets are underwater, and volatility is mostly light, save
- [12 June 2024 – 08:34 Central Euro Time](https://demeadville.com/12-june-2024-0834-central-euro-time/) - Oil is at present the sole BEGOS Market outside (above) its Neutral Zone for today; session volatility "ahead of the Fed" is very light. At Market Values, Oil is just a point or so below its smooth valuation line, the upside penetration of which by rule is a Long signal; and at Market Trends, whilst
- [11 June 2024 – 08:39 Central Euro Time](https://demeadville.com/11-june-2024-0839-central-euro-time/) - Gold, Silver and Oil are all at present below their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility again is light. Leading our Market Rhythms for pure swing consistency on a 10-test basis are Silver's 1hr Price Oscillator, the Spoo's 8hr MACD, and Copper's 30mn Price Oscillator;
- [10 June 2024 – 08:32 Central Euro Time](https://demeadville.com/10-june-2024-0832-central-euro-time/) - The back-loaded EconData week (plus the FOMC's Policy Statement come Wednesday) at present finds the Bond, Euro and Swiss Franc below today's Neutral Zones, whilst above same are both Silver and Copper; BEGOS Markets' volatility is light. The Gold Update maintains its near-term negative price stance: of technical import thereto, Gold's weekly MACD has now
- [The Gold Update: No. 760 – (08 June 2024) – “Inflation's Strain Remains Gold's Bane”](https://demeadville.com/the-gold-update-no-760-08-june-2024-inflations-strain-remains-golds-bane/) - The Gold Update by Mark Mead Baillie — 760th Edition — Monte-Carlo — 08 June 2024 (published each Saturday) — www.deMeadville.com “Inflation’s Strain Remains Gold’s Bane“ We start with inflation. Year-to-date we’ve diligently documented that ’tis nowhere near the Federal Reserve’s sought 2% target. And not that you need be reminded, but with May inflation readings commencing next week,
- [07 June 2024 – 08:40 Central Euro Time](https://demeadville.com/07-june-2024-0840-central-euro-time/) - At present we've Copper as the only BEGOS Market outside (below) its Neutral Zone for today; session volatility is light with StateSide jobs data in the day's balance. Curious to note yesterday's ECB rate reduction despite the Governing Council's outlook for increasing inflation. Going 'round the Market Trends page (21-day linreg basis and "Baby Blues"
- [06 June 2024 – 08:35 Central Euro Time](https://demeadville.com/06-june-2024-0835-central-euro-time/) - The Swiss Franc, Gold and Silver all are at present above today's Neutral Zones; none of the other BEGOS Markets are below same, and volatility is pushing toward moderate. Following yesterday's record high, the "live" P/E of the S&P 500 is a futs-adj'd 40.5x and the yield 1.352%; three-month annualized U.S. T-Bill dough yields 5.240%
- [05 June 2024 – 08:01 Central Euro Time](https://demeadville.com/05-june-2024-0801-central-euro-time/) - The Bond and Swiss Franc are at present below their respective Neutral Zones for today; above same is Gold, and BEGOS Markets' volatility is light. Gold's weekly MACD is poised for a negative crossing, the last five of which over three years have led to lower prices of at least -30 points; The Gold Update
- [04 June 2024 – 08:26 Central Euro Time](https://demeadville.com/04-june-2024-0826-central-euro-time/) - BEGOS Markets' volatility is lighter than 'round this time yesterday, all eight components having thus far traced less than 50% of their EDTRs (see Market Ranges). The Swiss Franc is at present above today's Neutral Range, whilst below same is Oil. Yesterday was a sizable up day for the currencies, both the Euro and Swiss
- [03 June 2024 – 08:36 Central Euro Time](https://demeadville.com/03-june-2024-0836-central-euro-time/) - The week begins with the Bond at present above its Neutral Zone for today; below same are Oil, Silver and Gold; volatility is moderate. The Gold Update still is slanted toward lower prices near-term following the yellow metal's have created a notable "double-top" within the past seven weeks, such pattern generally leading to further downside.
- [The Gold Update: No. 759 – (01 June 2024) – “Gold's Double-Top Primes Price Plop”](https://demeadville.com/the-gold-update-no-759-01-june-2024-golds-double-top-primes-price-plop/) - The Gold Update by Mark Mead Baillie — 759th Edition — Monte-Carlo — 01 June 2024 (published each Saturday) — www.deMeadville.com “Gold’s Double-Top Primes Price Plop“ Notwithstanding +23 points of fresh premium as COMEX Gold rolls from the June contract into that for August, there’s no mistaking price having formed a classic near-term double-top. Here ’tis: The above chart
- [31 May 2024 – 08:16 Central Euro Time](https://demeadville.com/31-may-2024-0816-central-euro-time/) - The BEGOS Markets are fairly quiet ahead of "Fed-favoured" inflation data due for April: both the Euro and Swiss Franc are at present a bit below their Neutral Zones for today; otherwise the balance of the components are within same, and volatility is light. The Spoo's "Baby Blues" (see Market Trends) confirmed closing yesterday below
- [30 May 2024 – 10:26 Central Euro Time](https://demeadville.com/30-may-2024-1026-central-euro-time/) - On the heels of yesterday's declines across all eight BEGOS Markets, we've at present both the Bond and Swiss Franc above their respective Neutral Zones for today, whilst below same are Gold, Silver, Copper, Oil and the Spoo; session volatility is moderate. At Market Trends, save for Silver and Oil, the "Baby Blues" of trend
- [21 May 2024 – 08:39 Central Euro Time](https://demeadville.com/21-may-2024-0839-central-euro-time/) - All three elements of the Metals Triumvirate as well as Oil are at present below their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is light-to-moderate, again save for Silver which today already has traced 153% of its EDTR; quietest is the Spoo with just a 10%
- [23 May 2024 – 08:34 Central Euro Time](https://demeadville.com/23-may-2024-0834-central-euro-time/) - Following what we'd now classify as Gold's "marginal" All-Time High on Monday (at 2454), the yellow metal has since been in sell mode (at present 2364), and along with Silver (30.545) is below today's Neutral Zone; the Spoo is above same, and BEGOS Markets' volatility is light-to-moderate. Such selling has dutifully brought down the Market
- [29 May 2024 – 08:24 Central Euro Time](https://demeadville.com/29-may-2024-0824-central-euro-time/) - Gold picks up +23 points of fresh premium as cac volume moves from June into that for August; however, the yellow metal is lower today, at present below its Neutral Zone as is the Spoo; none of the other BEGOS Markets are above same, and volatility is light. Looking at Market Rhythms for pure swing
- [28 May 2024 – 08:37 Central Euro Time](https://demeadville.com/28-may-2024-0837-central-euro-time/) - The BEGOS Markets' two-day session continues, all three elements of the Metals Triumvirate at present above today's Neutral Zones, as are Oil, the Euro and Swiss Franc; within same are both the Bond and Spoo; volatility has expectedly widened, now mostly moderate-to-robust, Silver with the largest EDTR (see Market Ranges) tracing at 150%. The Spoo
- [27 May 2024 – 08:35 Central Euro Time](https://demeadville.com/27-may-2024-0835-central-euro-time/) - The two-day session for the BEGOS Markets is underway, (for Tuesday settlement given the StateSide holiday). The precious metals are getting the bid, both Gold and Silver at present above today's Neutral Zones; the other six BEGOS components are within same, and volatility expectedly is quite light: only Silver has thus far traced in excess
- [The Gold Update: No. 758 – (25 May 2024) – “Gold's Marginal High and Habitual Cry”](https://demeadville.com/the-gold-update-no-758-25-may-2024-golds-marginal-high-and-habitual-cry/) - The Gold Update by Mark Mead Baillie — 758th Edition — Monte-Carlo — 25 May 2024 (published each Saturday) — www.deMeadville.com “Gold’s Marginal High and Habitual Cry“ We start with this from the “Pat on the Back Dept.” Per the prior missive penned a week ago (“Another Gold All-Time High is Nigh”), ’twas therein stated that Gold (then 2420)
- [24 May 2024 – 08:28 Central Euro Time](https://demeadville.com/24-may-2024-0828-central-euro-time/) - The precious metals are getting a grip, both Gold and Silver at present above their respective Neutral Zones for today; the other six BEGOS Markets are within same, and session volatility is quite light ahead of the StateSide long weekend. In recent years, Gold after recording All-Time Highs has habitually, indeed materially, pulled back somewhat
- [22 May 2024 – 08:24 Central Euro Time](https://demeadville.com/22-may-2024-0824-central-euro-time/) - At present we've both the Bond and Copper below today's Neutral Zones; the other BEGOS Markets are within same, and volatility is mostly light. Silver has quieted a bit relative to its ranginess into this week: indeed by Market Ranges, the white metal's EDTR is now 0.99 points, (whereas last September 'twas as low as
- [20 May 2024 – 08:40 Central Euro Time](https://demeadville.com/20-may-2024-0840-central-euro-time/) - Gold has recorded another All-Time High this morning: The Gold Update mused it could happen as soon as today, and so it has, the intra-day high at present 2454, with price above its Neutral Zone as 'tis too for both Silver and the Euro; the other BEGOS Markets are within same. Session volatility is moderate,
- [The Gold Update: No. 757 – (18 May 2024) – “Another Gold All-Time High is Nigh”](https://demeadville.com/the-gold-update-no-757-18-may-2024-another-gold-all-time-high-is-nigh/) - The Gold Update by Mark Mead Baillie — 757th Edition — Monte-Carlo — 18 May 2024 (published each Saturday) — www.deMeadville.com “Another Gold All-Time High is Nigh“ One week ago we herein opened with this query: “Is Gold’s near-term correction completed?” Given the yellow metal’s upside price action since then, we can now answer in the affirmative, (which for
- [17 May 2024 – 08:16 Central Euro Time](https://demeadville.com/17-may-2024-0816-central-euro-time/) - 'Tis a fairly quiet start to Friday on the heels of a heavy week of incoming metrics for the Econ Baro, itself in a rather severe plunge. At present, just Copper is outside (above) today's Neutral Zone, and BEGOS Markets' volatility is mostly light, the red metal being the only component having thus far traced
- [16 May 2024 – 08:29 Central Euro Time](https://demeadville.com/16-may-2024-0829-central-euro-time/) - Following all-time highs yesterday for both Copper and Spoo (including the S&P 500 itself), we've at present all eight BEGOS Markets inside their respective Neutral Zones for today, ahead of another heavy round of incoming EconData; volatility is moderate. For the S&P, the combination of a new high and below-par Q1 Earnings Season growth has
- [15 May 2024 – 08:36 Central Euro Time](https://demeadville.com/15-may-2024-0836-central-euro-time/) - Copper is the sole BEGOS Market at present outside (above) today's Neutral Zone; the red metal continues to be in play, having already traced 146% of its EDTR (see Market ranges); otherwise, session volatility for the other components is light with a bevy of EconData in the day's balance. Looking at Market Trends we've only
- [14 May 2024 – 08:25 Central Euro Time](https://demeadville.com/14-may-2024-0825-central-euro-time/) - Both Silver and Copper are at present above their respective Neutral Zones for today; the other BEGOS Markets are within same, and volatility pre-StateSide inflation data is very light. Of the 405 Market Rhythms we test nightly, Copper (on a 10-test swing basis) is leading for consistency by its 30mn MACD; second-best is Gold's 12hr
- [13 May 2024 – 08:37 Central Euro Time](https://demeadville.com/13-may-2024-0837-central-euro-time/) - The week begins with Gold at present below its Neutral Zone for today; the balance of the BEGOS Markets are within same, and volatility is light. The Gold Update inconclusively questions as to whether or not the yellow metal's recent correction off its All-Time High (2449 on 12 April) has run its course: Gold's rally
- [The Gold Update: No. 756 – (11 May 2024) – “Gold Garners a Groovy Golden Ratio Retracement”](https://demeadville.com/the-gold-update-no-756-11-may-2024-gold-garners-a-groovy-golden-ratio-retracement/) - The Gold Update by Mark Mead Baillie — 756th Edition — Monte-Carlo — 11 May 2024 (published each Saturday) — www.deMeadville.com “Gold Garners a Groovy Golden Ratio Retracement“ Is Gold’s near-term correction completed? If so, it lasted 16 trading days spanning from the recent All-Time High of 2449 (12 April) down to 2285 (04 May), a loss of -164
- [10 May 2024 – 08:37 Central Euro Time](https://demeadville.com/10-may-2024-0837-central-euro-time/) - The Metals Triumvirate is on the move this morning as Gold, Silver and Copper are getting the bid, all at present above today's neutral Zones; the other BEGOS Markets are within same and volatility is mostly light, the exception being Copper having already traced 73% of its EDTR (see Market Ranges). Gold appears on track
- [09 May 2024 – 08:31 Central Euro Time](https://demeadville.com/09-may-2024-0831-central-euro-time/) - At present we've the Bond below its Neutral Zone for today, whilst Silver is above same; BEGOS Markets' volatility by this hour remains quite light, again in a week with little incoming EconData. Looking at Market Rhythms for pure swing consistency, on a 10-test basis our leader is Copper's 1hr MACD; on a 24-test basis
- [08 May 2024 – 08:38 Central Euro Time](https://demeadville.com/08-may-2024-0838-central-euro-time/) - Both Copper and Oil are at present below today's Neutral Zones; the other BEGOS Markets are within same, and volatility is again light. The Euro has yet to respond to its positive crossing of the smooth valuation line (see Market Values); still (in real-time), the Euro's "Baby Blues" are now rising above their 0% axis,
- [07 May 2024 – 08:35 Central Euro Time](https://demeadville.com/07-may-2024-0835-central-euro-time/) - Both the Swiss Franc and Silver are currently below today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is light. We're minding the Euro, as Friday (by Market Values) the currency confirmed a positive crossover of price above its smooth valuation line: the average follow-through of such crossings from a
- [06 May 2024 – 08:24 Central Euro Time](https://demeadville.com/06-may-2024-0824-central-euro-time/) - The Swiss Franc is currently below today's Neutral Zone; above same are the Metals Triumvirate and Oil, and BEGOS Markets volatility is mostly moderate, even as a week with little incoming EconData begins: just five metrics are due through Friday. The Gold Update muses over the "seasonality" of bank failures, noting (per Fitch) that 7%
- [The Gold Update: No. 755 – (04 May 2024) – “Own Gold with Reason into Bank Failure Season”](https://demeadville.com/the-gold-update-no-755-04-may-2024-own-gold-with-reason-into-bank-failure-season/) - The Gold Update by Mark Mead Baillie — 755th Edition — Monte-Carlo — 04 May 2024 (published each Saturday) — www.deMeadville.com“Own Gold with Reason into Bank Failure Season“ Not to overly dwell — let alone predict — by subject title, however if we search our recollect (thank you Ken Starr), was it not by this time a year ago
- [03 May 2024 – 08:18 Central Euro Time](https://demeadville.com/03-may-2024-0818-central-euro-time/) - We've the Swiss Franc at present above its Neutral Zone for today; the seven other BEGOS Markets are within same, and volatility is again light. Our top three Market Rhythms on 10-test swing basis are the Spoo's 1hr MACD and daily Parabolics, plus the Swiss Franc's 15mn Parabolics; on 24-test swing basis they are Gold's
- [02 May 2024 – 08:19 Central Euro Time](https://demeadville.com/02-may-2024-0819-central-euro-time/) - At present we've both the Bond and Spoo above today's Neutral Zones, whilst below same is Silver; BEGOS Markets' volatility is light. The FOMC's stance as anticipated was a fairly do-nothing non-event, notably as little has changed on the inflation front, (save for it not really slowing). At Market Trends, the "Baby Blues" of trend
- [01 May 2024 – 08:45 Central Euro Time](https://demeadville.com/01-may-2024-0845-central-euro-time/) - Save for the Swiss Franc, at present below today's Neutral Zone, the seven other BEGOS Markets are within same, and volatility is very light, albeit in the context that some EDTRs (see Market Ranges) have been expanding of late, notably so that for the Spoo which is now measured at 74 points. As anticipated, in
- [30 April 2024 – 08:37 Central Euro Time](https://demeadville.com/30-april-2024-0837-central-euro-time/) - The final day of the year’s first quadrimestris finds early on all eight BEGOS Markets in the red; therein, the elements comprising the EuroCurrencies and Metals Triumvirate are all at present below their respective Neutral Zones for today, (the Bond, Oil and Spoo within same, albeit down). At Market Trends, both Gold and Silver appear
- [29 April 2024 – 08:32 Central Euro Time](https://demeadville.com/29-april-2024-0832-central-euro-time/) - A bit of Dollar weakness to begin "Fed Week", the Euro and Swiss Franc (non-BEGOS Yen too) at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is already is moderate-to-robust, the Swiss Franc having traced 108% of its EDTR (see Market Ranges). The Gold Update "apologetically" takes
- [The Gold Update: No. 754 – (27 April 2024) – “Gold Falters, Treads Water”](https://demeadville.com/the-gold-update-no-754-27-april-2024-gold-falters-treads-water/) - The Gold Update by Mark Mead Baillie — 754th Edition — Monte-Carlo — 27 April 2024 (published each Saturday) — www.deMeadville.com “Gold Falters, Treads Water“ Per a tongue-in-cheek note this past week to our StateSide Investors’ Roundtable, we apologized for single-handedly having “crashed” the precious metals’ markets with last Saturday’s missive (“Gold Fit to Pull Back a Bit”) following
- [26 April 2024 – 08:37 Central Euro Time](https://demeadville.com/26-april-2024-0837-central-euro-time/) - Both the Bond and Copper currently are above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is mostly light. Of note: the change in the Spoo at this time (5127.25, -4.50) belies the change in the S&P itself at the open given a material rise the Spoo after stocks
- [25 April 2024 – 08:27 Central Euro Time](https://demeadville.com/25-april-2024-0827-central-euro-time/) - The EuroCurrencies (Euro and Swiss Franc) are at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is light. Amongst the five primary BEGOS components, the best correlation is negative between the Bond and Gold. As for the five's Market Values in real-time: the Bond is better than
- [24 April 2024 – 08:22 Central Euro Time](https://demeadville.com/24-april-2024-0822-central-euro-time/) - The Bond is at present below its Neutral Zone for today; above same is Copper, the cac volume for which is rolling from May into July, and BEGOS Markets' volatility is mostly light within the context that Market Ranges have been increasing these last couple of months. Leading our Market Rhythms for consistency is (on
- [23 April 2024 – 08:15 Central Euro Time](https://demeadville.com/23-april-2024-0815-central-euro-time/) - All three elements of the BEGOS Markets' Metals Triumvirate are at present below today's Neutral Zones; the other components are within same, and volatility is light-to-moderate. On the heels of the current Gold Update's near-term negative stance, Gold yesterday suffered its third-worst intraday high-to-low loss (-2.7%) since February a year ago; ('twas Silver's fourth-worst [-5.7%]
- [22 April 2024 – 08:29 Central Euro Time](https://demeadville.com/22-april-2024-0829-central-euro-time/) - The Bond, Swiss Franc, Gold, Silver and Oil are all at present below their respective Neutral Zones for today; above same is the Spoo, and BEGOS Markets' volatility runs from light-to-robust, Silver having already traded 101% of its EDTR (see Market Ranges). The Gold Update cites the yellow metal as "fit to pull back a
- [The Gold Update: No. 753 – (20 April 2024) – “Gold Fit to Pull Back a Bit”](https://demeadville.com/the-gold-update-no-753-20-april-2024-gold-fit-to-pull-back-a-bit/) - The Gold Update by Mark Mead Baillie — 753rd Edition — Monte-Carlo — 20 April 2024 (published each Saturday) — www.deMeadville.com“Gold Fit to Pull Back a Bit“ Two missives back we penned “Gold ‘Overbought’ is Great!” and so ’tis been. These past couple of months have finally seen a long overdue repricing of Gold from some three years of
- [19 April 2024 – 08:37 Central Euro Time](https://demeadville.com/19-april-2024-0837-central-euro-time/) - At present we've the Bond, Swiss Franc and Oil above today's Neutral Zones; the Spoo is below same, and volatility is robust given markets responding to an escalation of conflict in the Middle East; of note, the Metals Triumvirate (Gold/Silver/Copper) along with the Euro are the least volatile (comparatively) of the BEGOS Markets thus far
- [18 April 2024 – 08:21 Central Euro Time](https://demeadville.com/18-april-2024-0821-central-euro-time/) - Dough is finding its way into the BEGOS Markets: at present the Bond, Swiss Franc, all three components of the Metals Triumvirate and the Spoo are above today's Neutral Zones; the Euro and Oil are within same, and volatility is pushing toward moderate. On a 10-test basis, these five Market Rhythms are leading the pack
- [17 April 2024 – 08:29 Central Euro Time](https://demeadville.com/17-april-2024-0829-central-euro-time/) - All eight BEGOS Markets are at present within their respective Neutral Zones for today; session volatility is again light. Going 'round the Market Values horn for the five primary components, as readings are excessive: the Bond is -8 points "low" vis-à-vis its smooth valuation line, the Euro -0.044 points "low", Gold +189 points "high", Oil
- [16 April 2024 – 08:20 Central Euro Time](https://demeadville.com/16-april-2024-0820-central-euro-time/) - The Swiss Franc is at present below its Neutral Zone for today; the other seven BEGOS Markets are within same, and volatility is light in context with all EDTRs (see Market Ranges) increasing of late. Speaking of the Swissie, its daily Parabolics are leading our Market Rhythms studies for consistency on a 24-test swing basis.
- [15 April 2024 – 08:44 Central Euro Time](https://demeadville.com/15-april-2024-0844-central-euro-time/) - The week begins with the Bond at present below its Neutral Zone; above same are the Euro, Swiss Franc, Gold, Silver and Spoo; and BEGOS Markets' volatility is moderate-to-robust, notably for both Silver and Copper. The Gold Update cites our 2375 forecast having been achieved (last Tuesday); even so as price remains cheap relative to
- [The Gold Update: No. 752 – (13 April 2024) – “Gold Achieves Our Forecast High for This Year”](https://demeadville.com/the-gold-update-no-752-13-april-2024-gold-achieves-our-forecast-high-for-this-year/) - The Gold Update by Mark Mead Baillie — 752nd Edition — Monte-Carlo — 13 April 2024 (published each Saturday) — www.deMeadville.com“Gold Achieves Our Forecast High for This Year“ This past Tuesday 09 April at precisely 07:15 GMT, Gold tapped our 2375 forecast high for this year. As we reminded you valued readers a week ago, such call made back
- [12 April 2024 – 08:44 Central Euro Time](https://demeadville.com/12-april-2024-0844-central-euro-time/) - The Bond and the Metals Triumvirate are all at present above today's Neutral Zones; below same are the EuroCurrencies, and BEGOS Markets' volatility is pushing toward moderate. Gold has eclipsed the 2400 level (All-Time High now 2413): price (now 2408) is +222 points above its smooth valuation line (see Market Values); more of course in
- [11 April 2024 – 08:20 Central Euro Time](https://demeadville.com/11-april-2024-0820-central-euro-time/) - Similar to this time yesterday, ahead now of StateSide wholesale inflation, all eight BEGOS Markets are within today's Neutral Zones, and volatility is light. At Market Trends, the Spoo's "Baby Blues" for trend consistency are looking to cross their 0% axis as the linreg rotates from positive toward negative; technically for the S&P 500 itself,
- [10 April 2024 – 08:37 Central Euro Time](https://demeadville.com/10-april-2024-0837-central-euro-time/) - Yesterday (09 April) Gold achieved our forecast high price for this year at 2375; as you readers of the Gold Update know, at the beginning of the year we couched such call as "conservative", and given some nine months now still remain in 2024, it well could be. Ahead of Stateside retail inflation, all eight
- [09 April 2024 – 08:45 Central Euro Time](https://demeadville.com/09-april-2024-0845-central-euro-time/) - At present, the Bond is above its Neutral Zone whilst below same is Copper; BEGOS Markets' volatility is light. Leading Market Rhythms for consistency on a swing basis are: (10-test basis) Copper's 6hr Price Oscillator, the Bond's daily Parabolics, and Gold's 15mn MACD; (24-test basis) the Swiss Franc's daily Parabolics and Copper's 6hr Parabolics. At
- [08 April 2024 – 08:32 Central Euro Time](https://demeadville.com/08-april-2024-0832-central-euro-time/) - The back-loaded EconData week is underway with the Bond, Swiss Franc, Copper and Oil all at present beneath their respective Neutral Zones for today; above same is Silver, and BEGOS Markets' volatility is already mostly robust, the components of the Metals Triumvirate all well-exceeding their EDTRs (see Market Ranges). The Gold Update again cites (in
- [The Gold Update: No. 751 – (06 April 2024) – “Gold 'Overbought' is Great!”](https://demeadville.com/the-gold-update-no-751-06-april-2024-gold-overbought-is-great/) - The Gold Update by Mark Mead Baillie — 751st Edition — Monte-Carlo — 06 April 2024 (published each Saturday) — www.deMeadville.com “Gold ‘Overbought’ is Great!“ We’ve penned it before, so let’s pen it again: “Gold when technically overbought [as clearly now ’tis] might actually be considered a good thing … [as] great bull markets (or the resumption thereof) do breakout
- [05 April 2024 – 08:23 Central Euro Time](https://demeadville.com/05-april-2024-0823-central-euro-time/) - All three elements of the BEGOS Markets' Metals Triumvirate are at present below their respective Neutral Zones for today; none of the other components are above same, and volatility runs the gamut from light-to-robust, Silver having already traced 102% of its EDTR (see Market Ranges). Following yesterday's Commentary on the Spoo seeing its "Baby Blues"
- [04 April 2024 – 08:33 Central Euro Time](https://demeadville.com/04-april-2024-0833-central-euro-time/) - Silver -- for which the net gain across the past two trading days was +8.3% -- is at present below today's Neutral Zone, as is the Bond; above same is Copper, and volatility for the BEGOS Markets is mostly light. The Spoo's "Baby Blues" (see Market Trends) confirmed settling beneath their key +80% axis, thus
- [03 April 2024 – 08:26 Central Euro Time](https://demeadville.com/03-april-2024-0826-central-euro-time/) - At present we've both Silver and Copper above today's Neutral Zones; below same are both Oil and the Spoo, and BEGOS Markets' volatility is again mostly light; (both the white and red metals have traced better than 50% of their EDTRs [see Market Ranges]). Looking at Market Values (in real-time): the Bond is nearly -4.5
- [02 April 2024 – 08:33 Central Euro Time](https://demeadville.com/02-april-2024-0833-central-euro-time/) - Early on we've the two EuroCurrencies below today's Neutral Zones, whilst above same is Silver; BEGOS Markets volatility is mostly light as most ETDRs (see Market Ranges) are narrowing, save for those of the Metals Triumvirate. The Dollar continues getting a bid now to nearly a two-month high as Fed rate cuts fade a bit
- [01 April 2024 – 09:26 Central Euro Time](https://demeadville.com/01-april-2024-0926-central-euro-time/) - The BEGOS Markets' Metals Triumvirate are all above today's Neutral Zones, as is the Spoo; none of the other components are below same, and volatility runs from light-to-robust, Gold already having traced 102% of its EDTR (see Market Ranges). Gold, with its fresh June premium, is now 2281, within 100 points of our forecast high
- [The Gold Update: No. 750 – (30 March 2024) – “Gold Reaps More Record Ground”](https://demeadville.com/the-gold-update-no-750-30-march-2024-gold-reaps-more-record-ground/) - The Gold Update by Mark Mead Baillie — 750th Edition — Monte-Carlo — 30 March 2024 (published each Saturday) — www.deMeadville.com“Gold Reaps More Record Ground” Welcome one and all to the 750th consecutive Saturday edition of The Gold Update. Having missed nary a Saturday since our first missive (20 November 2009) with Gold then 1151, price since has nearly
- [28 March 2024 – 09:07 Central Euro Time](https://demeadville.com/28-march-2024-0907-central-euro-time/) - The week's final trading day is underway with the Euro, Swiss Franc and Silver all at present below today's Neutral Zones; the other BEGOS Markets are within same, and volatility is light-to-moderate, the Euro, Gold and Copper already exceeding 50% of their respective EDTRs (see Market Ranges). Per our S&P 500 Moneyflow page, all three
- [27 March 2024 – 09:18 Central Euro Time](https://demeadville.com/27-march-2024-0918-central-euro-time/) - Both the Swiss Franc and Oil are at present below today's Neutral Zones; otherwise the BEGOS Markets are within same, and volatility is light. Looking at Market Rhythms , the most consistent on a 10-test swing basis is the Spoo's daily Parabolics, whilst on a 24-test swing basis 'tis the Euro's 15mn Price Oscillator. Market
- [26 March 2024 – 09:14 Central Euro Time](https://demeadville.com/26-march-2024-0914-central-euro-time/) - The Swiss Franc, Silver and Copper are all at present below their respective Neutral Zones for today; the other BEGOS Markets are within same, and volatility is mostly light, save for Copper which has already traced 62% if its EDTR (see Market Ranges). At Market Trends (in real-time), the "Baby Blues" of trend consistency for
- [25 March 2024 – 09:18 Central Euro Time](https://demeadville.com/25-march-2024-0918-central-euro-time/) - We start the shortened week with Copper at present above its Neutral Zone for today; all the other BEGOS Markets are within same, and volatility is light-to-moderate. The Gold Update graphically lays out the increasing inflation scenario, querying if the Fed has lost its "cred"; too, the Update cites near-term negative technical measures for Gold
- [The Gold Update: No. 749 – (23 March 2024) – “Gold's Fresh Highs; Fed's Cred Demise?”](https://demeadville.com/the-gold-update-no-749-23-march-2024-golds-fresh-highs-feds-cred-demise/) - The Gold Update by Mark Mead Baillie — 749th Edition — Monte-Carlo — 23 March 2024 (published each Saturday) — www.deMeadville.com“Gold’s Fresh Highs; Fed’s Cred Demise?” Gold recorded another series of fresh All-Time Highs this past week in eclipsing the 2203 level (from 08 March) in a swift run up to 2225 on Thursday before coming off (as we’ve
- [22 March 2024 – 09:25 Central Euro Time](https://demeadville.com/22-march-2024-0925-central-euro-time/) - The EuroCurrencies and Metals Triumvirate are all at present below their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is firmly moderate. Whilst by Market Ranges most of the EDTRs are on the rise, 'tis not the case for either the Bond nor Oil, (nor to a
- [21 March 2024 – 09:07 Central Euro Time](https://demeadville.com/21-march-2024-0907-central-euro-time/) - The Swiss Franc, Copper, Spoo and Gold are all at present above today's Neutral Zones: the yellow metal recorded a new high overnight at 2225; BEGOS Markets volatility is moderate-to-robust, Gold notably having traced 135% of its EDTR (see Market Ranges); and by Market Values (in real-time) price (currently 2209) is +119 points above its
- [20 March 2024 – 09:11 Central Euro Time](https://demeadville.com/20-march-2024-0911-central-euro-time/) - Spring starts similarly to Winter's final day, with (save for the Bond) all the BEGOS Markets at present in the red ahead of the Fed; volatility is mostly light (Copper having already traced 63% of its EDTR -- see Market Ranges). 'Twill be interesting to note (perhaps during Chair Powell's post-FOMC Policy Statement presser) if
- [19 March 2024 – 09:36 Central Euro Time](https://demeadville.com/19-march-2024-0936-central-euro-time/) - All eight BEGOS Markets are at present in the red; session volatility is mostly moderate; of note, the Yen (not as yet a BEGOS component) has traced 168% of its EDTR (see Market Ranges for those of the BEGOS Markets), as the BOJ ends its era of negative interest rates. Looking at Market Rhythms, our
- [18 March 2024 – 09:07 Central Euro Time](https://demeadville.com/18-march-2024-0907-central-euro-time/) - Both Oil and the Spoo are at present above their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is light. The Gold Update continues (at the very least) to muse over the notion of the Fed at some point actually having to raise rates: therein, our updated
- [The Gold Update: No. 748 – (16 March 2024) – “Gold's Expected Detinue; Fed HIKE Must Ensue?”](https://demeadville.com/the-gold-update-no-748-16-march-2024-golds-expected-detinue-fed-hike-must-ensue/) - The Gold Update by Mark Mead Baillie — 748th Edition — Monte-Carlo — 16 March 2024 (published each Saturday) — www.deMeadville.com “Gold’s Expected Detinue; Fed HIKE Must Ensue?“ We start with the Federal Reserve, the Open Market Committee scheduled to deliver its next Policy Statement this coming Wednesday, 20 March (at 18:00 GMT).Obviously the FOMC shall unanimously vote to
- [15 March 2024 – 09:18 Central Euro Time](https://demeadville.com/15-march-2024-0918-central-euro-time/) - The Swiss Franc at present is below today's Neutral Zone; above same are the three elements of the Metals Triumvirate; BEGOS Markets volatility is moderate, Copper indeed having already traced 128% of its EDTR (see Market Ranges). Cac volume for the EuroCurrencies is rolling from March into that for June, whilst too for Oil is
- [14 March 2024 – 09:32 Central Euro Time](https://demeadville.com/14-march-2024-0932-central-euro-time/) - Both Gold and Copper are at present below today's Neutral Zones; above same is Oil, and BEGOS Markets volatility is pushing toward moderate, Copper having already traced 105% of today's EDTR. Gold (2173) has dominant Profile trading support at 2165, and again by Market Values, Gold (in real-time) is +107 points above its smooth valuation
- [13 March 2024 – 09:16 Central Euro Time](https://demeadville.com/13-march-2024-0916-central-euro-time/) - Copper is the sole BEGOS Market at present outside (above) its Neutral Zone for today; session volatility is light. At Market Trends, all eight components are in positive linreg, and six of the eight (save for Copper and Oil) have their "Baby Blues" of trend consistency in ascent. At Market Values (in real-time), the Bond,
- [12 March 2024 – 09:13 Central Euro Time](https://demeadville.com/12-march-2024-0913-central-euro-time/) - Gold is at present below today's Neutral Zone whilst the Spoo is above same; BEGOS Markets volatility is light, (albeit the Yen [not a BEGOS component] has traced 107% of its EDTR [see Market Ranges for those of the BEGOS Markets]). Recall from the current Gold Update that the yellow metal is very high above
- [11 March 2024 – 09:21 Central Euro Time](https://demeadville.com/11-march-2024-0921-central-euro-time/) - The Bond and Swiss Franc are at present above today's Neutral Zones; below same is the Spoo, and BEGOS Markets volatility is mostly light. Cac volume for the Spoo is moving from March into June, with 63 points of additional premium in the latter. The Gold Update cites the fresh spate of marginal All-Time Highs,
- [The Gold Update: No. 747 – (09 March 2024) – “Gold Flies to Fresh All-Time Highs”](https://demeadville.com/the-gold-update-no-747-09-march-2024-gold-flies-to-fresh-all-time-highs/) - The Gold Update by Mark Mead Baillie — 747th Edition — Monte-Carlo — 09 March 2024 (published each Saturday) — www.deMeadville.com“Gold Flies to Fresh All-Time Highs“ With The Gold Update now in its 16th calendar year and price having just made a series of marginal fresh All-Time Highs these past three trading days (2161 Wednesday, 2172 Thursday, 2203 Friday),
- [08 March 2024 – 09:18 Central Euro Time](https://demeadville.com/08-march-2024-0918-central-euro-time/) - The Euro is at present below its Neutral Zone for today; above same is Silver, and BEGOS Markets volatility is light with February's Payrolls data in the Econ Baro's balance. Going 'round the Market Values page (in real-time): the Bond is essentially on its smooth valuation line as is the Euro, Gold is +113 points
- [07 March 2024 – 09:12 Central Euro Time](https://demeadville.com/07-march-2024-0912-central-euro-time/) - Gold is ticking over marginal highs: presently 2164, the fresh All-Time High is now 2169. The yellow metal along with Copper are both at present above today's Neutral Zones; below same is the Spoo, and BEGOS Markets volatility is mostly light, save for Gold having traced 70% of its EDTR (see Market Ranges) to this
- [06 March 2024 – 09:18 Central Euro Time](https://demeadville.com/06-march-2024-0918-central-euro-time/) - Gold has yet to crack its 04 December All-Time High (2153), albeit 'tis knocking on the door; again this is in the context of price trading up this year toward our forecast high of 2375, so the next incremental high is not that big a deal. At present, we've Copper above its Neutral Zone for
- [05 March 2024 – 09:14 Central Euro Time](https://demeadville.com/05-march-2024-0914-central-euro-time/) - Gold settled yesterday at an All-Time Closing High (2123); 'course, the All-Time High itself remains 2152. At present, the Bond is above today's Neutral Zone; the balance of the BEGOS Markets are within same, and volatility is again light-to-moderate. For Gold, our best Market Rhythm on a pure swing basis (10-test) is its 8hr Moneyflow;
- [04 March 2024 – 09:15 Central Euro Time](https://demeadville.com/04-march-2024-0915-central-euro-time/) - The Euro, Swiss Franc and Copper are all at present above today's Neutral Zones; the other BEGOS Markets are within same, and volatility is light-to-moderate. The Gold Update cites the early machinations of stagflation as Econ Baro data suddenly weakens, yet inflation data moves up and away from the Fed's +2.0% target. Whilst we received
- [The Gold Update: No. 746 – (02 March 2024) – “Gold Grabs Center-Stage as Stagflation Starts to Rage”](https://demeadville.com/the-gold-update-no-746-02-march-2024-gold-grabs-center-stage-as-stagflation-starts-to-rage/) - The Gold Update by Mark Mead Baillie — 746th Edition — Monte-Carlo — 02 March 2024 (published each Saturday) — www.deMeadville.com“Gold Grabs Center-Stage as Stagflation Starts to Rage“ A bold title to head this recital, Gold on Friday posting its best low-to-high intraday gain (+2.4% or +50 points) since 13 December toward settling the week at 2092, essentially tying
- [01 March 2024 – 09:20 Central Euro Time](https://demeadville.com/01-march-2024-0920-central-euro-time/) - The Swiss Franc and Copper are both at present below today's Neutral Zones; above same is the Spoo, and volatility is light-to-moderate. We're a bit surprised with equities' upside move yesterday on the heels of a firm Core PCE Report for January at an annualized pace of +4.8%, well beyond double that sought by the
- [29 February 2024 – 09:17 Central Euro Time](https://demeadville.com/29-february-2024-0917-central-euro-time/) - We've reached "PCE" Day" and all eight BEGOS Markets are at present within their respective Neutral Zones for today; volatility is light; for the record, the non-BEGOS Market Yen has already traced 140% of its EDTR (see Market Ranges for the BEGOS components); there are musings that Japan may move toward an interest rate increase.
- [28 February 2024 – 09:17 Central Euro Time](https://demeadville.com/28-february-2024-0917-central-euro-time/) - Red is the watchword for the BEGOS Markets, all the components to the South, save for the Bond, the cac volume for which is rolling from March into that for June; session volatility is again light. The markets have taken on a "wait and hold" approach ahead of tomorrow's release of January's Fed-favoured PCE data.
- [27 February 2024 – 09:49 Central Euro Time](https://demeadville.com/27-february-2024-0949-central-euro-time/) - The components of the Metals Triumvirate are all above their Neutral Zones; none of the other BEGOS Markets are below same, and volatility continues as light to this time of day. On a 10-test swing basis, our most consistent Market Rhythm is the Bond's daily Parabolics; on a 24-test swing basis 'tis the Spoo's 1hr
- [26 February 2024 – 10:05 Central Euro Time](https://demeadville.com/26-february-2024-1005-central-euro-time/) - Both Silver and Copper are at present below today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is again light. The "flu-abbreviated" Gold Update reminds us of the yellow metal having only just started a fresh weekly parabolic Short trend, despite price's resiliency to this point; noted therein is traders'
- [The Gold Update: No. 745 – (24 February 2024) – “Gold - Short n' Sweet”](https://demeadville.com/the-gold-update-no-745-24-february-2024-gold-short-n-sweet/) - The Gold Update by Mark Mead Baillie — 745th Edition — Monte-Carlo — 24 February 2024 (published each Saturday) — www.deMeadville.com“Gold – Short n’ Sweet“ Valued readers ’round the world: today is our fifth day as beset with a nasty flu. So this edition (no. 745) is one of our most minimal missives extending as far back as 21 November
- [23 February 2024 – 09:31 Central Euro Time](https://demeadville.com/23-february-2024-0931-central-euro-time/) - At present, all eight BEGOS Markts are inside of today's Neutral Zones, and volatility is light. Copper's cac volume is moving from March into that for May, and we ought see same for Silver as the new week unfolds. The "live" P/E of the S&P is now 49.0x, exemplary of the comparatively weak Q4 Earnings
- [22 February 2024 – 09:29 Central Euro Time](https://demeadville.com/22-february-2024-0929-central-euro-time/) - The EuroCurrencies, Metals Triumvirate, and Spoo are all at present above their respective Neutral Zones for today; BEGOS Markets volatility is moderate-to-robust, the Euro having notably traced 116% of its EDTR (see Market Ranges). The "live" P/E of the S&P is 46.9x and the yield 1.439% versus an annualized 5.235% on three-month risk-free dough; the
- [21 February 2024 – 09:28 Central Euro Time](https://demeadville.com/21-february-2024-0928-central-euro-time/) - Silver and Copper are at present above today's Neutral ones; the Spoo is below same, and volatility is mostly light. By Market Trends: Silver, Oil and the Spoo are sporting positive linregs; those for the Bond, Euro, Swiss Franc, Gold and Copper are negative. Some seven weeks ago we speculated on the Fed potentially having
- [20 February 2024 – 11:13 Central Euro Time](https://demeadville.com/20-february-2024-1113-central-euro-time/) - The BEGOS Market's two-day session continues with both the Euro and Gold at present above their respective Neutral Zones for today, whilst below same are Silver and The Spoo; volatility is moderate. Leading our Market Rhythms for swing consistency (10-test basis) are the Bond's daily Parabolics and Copper's 1hr Parabolics, whilst on a 24-test basis
- [19 February 2024 – 09:15 Central Euro Time](https://demeadville.com/19-february-2024-0915-central-euro-time/) - 'Tis the first of a two-day session for the BEGOS Markets (given today's StateSide holiday). At present, both the Bond and Silver are below today's Neutral Zones, whilst above same are Gold and the Spoo; volatility is light-to-moderate, Silver having already traced 76% of its EDTR (see Market Ranges). The Gold Update re-muses over the
- [The Gold Update: No. 744 – (17 February 2024) – “More Gold Slippin' as Inflation Renews Rippin'”](https://demeadville.com/the-gold-update-no-744-17-february-2024-more-gold-slippin-as-inflation-renews-rippin/) - The Gold Update by Mark Mead Baillie — 744th Edition — Monte-Carlo — 17 February 2024 (published each Saturday) — www.deMeadville.com“More Gold Slippin’ as Inflation Renews Rippin’“ We yet again reprise that from this year’s first edition of The Gold Update:“…But in seeing the Dollar take flight to start this year — indeed recovering a 10-day losing streak in
- [16 February 2024 – 09:12 Central Euro Time](https://demeadville.com/16-february-2024-0912-central-euro-time/) - The Bond and Swiss Franc are at present below their respective Neutral Zones for today; above same is Copper, and volatility is mostly light, (the red metal the sole component having already traded in excess of 50% [54%] of its EDTR [see Market Ranges]). At Market Trends, save for Oil and the Spoo, the other
- [15 February 2024 – 09:13 Central Euro Time](https://demeadville.com/15-february-2024-0913-central-euro-time/) - We've at present both the Bond and Swiss Franc above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is light. Looking at Market Rhythms, on a 24-test wing basis for consistency, Copper's 30mn Parabolics ranks 1st. By Market Trends, Copper's "Baby Blues" are in decline, as are those for
- [14 February 2024 – 09:19 Central Euro Time](https://demeadville.com/14-february-2024-0919-central-euro-time/) - Silver of late seems to oft be the BEGOS Markets' sole overnight outlier: 'tis at present below its Neutral Zone for today, whilst all the other components are within same; volatility is quite light with Copper sporting the widest EDTR tracing (see Market Ranges) of just 38% to this point. As perhaps provocatively put at
- [13 February 2024 – 09:18 Central Euro Time](https://demeadville.com/13-february-2024-0918-central-euro-time/) - At present the Swiss Franc is below today's Neutral Zone, whilst above same are all three elements of the Metals Triumvirate; volatility is mostly light. As anticipated both in yesterday's commentary and the current edition of The Gold Update, the yellow metal's weekly parabolic trend -- after having been Long for 17 weeks -- has
- [12 February 2024 – 09:35 Central Euro Time](https://demeadville.com/12-february-2024-0935-central-euro-time/) - The BEGOS Markets start the week with Silver as the sole component at present outside (above) its Neutral Zone for today; session volatility is mostly light, save for the white metal having already traced 82% of its EDTR (see Market Ranges). The Gold Update notes the narrowness of the yellow metal's trade of late, with
- [The Gold Update: No. 743 – (10 February 2024) – “This is Where it All Goes Wrong (Got Gold?)”](https://demeadville.com/the-gold-update-no-743-10-february-2024-this-is-where-it-all-goes-wrong-got-gold/) - The Gold Update by Mark Mead Baillie — 743rd Edition — Monte-Carlo — 10 February 2024 (published each Saturday) — www.deMeadville.com“This is Where it All Goes Wrong (Got Gold?)“ As occasionally is our wont, we start with stocks. And specific to the somewhat sensationalized title of it all going wrong, “This” is applicable not just to now, but realistically
- [09 February 2024 – 09:25 Central Euro Time](https://demeadville.com/09-february-2024-0925-central-euro-time/) - All eight BEGOS Markets are at present within their respective Neutral Zones for today; session volatility is very light. The S&P 500 briefly topped the 5000-mark yesterday (at precisely 5000.40) before settling at 4998. Four in ten S&P stocks have thus far not improved their Q4 earnings over those of a year ago. Infamous Dave
- [08 February 2024 – 09:16 Central Euro Time](https://demeadville.com/08-february-2024-0916-central-euro-time/) - The Spoo is now above 5000 for the first time in its history, (the S&P itself near the threshold). At present we've both Silver and Copper above their Neutral Zones for today; the rest of the BEGOS Markets are within same, and volatility is light. Per our S&P Moneyflow page, dough is flowing into the
- [07 February 2024 – 09:39 Central Euro Time](https://demeadville.com/07-february-2024-0939-central-euro-time/) - At present, Gold and Silver are the only BEGOS Market outside (below) today's Neutral Zone; session volatility again is notably light. Of late we've a strong positive correlation between the Bond and Gold: indeed the tracks of their daily bars across the past 21 trading days (one month) are (to the glance) identical. We continue
- [06 February 2024 – 09:14 Central Euro Time](https://demeadville.com/06-february-2024-0914-central-euro-time/) - The Spoo is the sole BEGOS Market at present outside (above) its Neutral Zone for today; session volatility is notably light, even as nothing is on the schedule for the Econ Baro. Our top three Market Rhythms (on a 10-test swing basis) for consistency are Gold's 1hr Moneyflow, the Swiss Franc's 8hr Moneyflow, and the
- [05 February 2024 – 09:20 Central Euro Time](https://demeadville.com/05-february-2024-0920-central-euro-time/) - The Bond and Precious Metals are starting the week to the downside; the balance of the BEGOS Markets are within today's Neutral Zone, and volatility is pushing toward moderate; Gold already has traced 75% of its EDTR (see Market Ranges). The Gold Update accounts for 19 fresh points of premium in the April contract, but
- [The Gold Update: No. 742 – (03 February 2024) – “Gold Gains Ground on Premium Sound”](https://demeadville.com/the-gold-update-no-742-03-february-2024-gold-gains-ground-on-premium-sound/) - The Gold Update by Mark Mead Baillie — 742nd Edition — Monte-Carlo — 03 February 2024 (published each Saturday) — www.deMeadville.com “Gold Gains Ground on Premium Sound“ When we last left you a week ago, (albeit given the website’s daily updating we never really leave), we were eying Gold as languishing on a weekly basis, but on a daily
- [02 February 2024 – 09:20 Central Euro Time](https://demeadville.com/02-february-2024-0920-central-euro-time/) - Quick website note: our Market Profiles page is not accurately updating; our goal is to have the issue resolved in a week's time.
- [01 February 2024 – 09:48 Central Euro Time](https://demeadville.com/01-february-2024-0948-central-euro-time/) - The Bond, EuroCurrencies, Silver and Copper all are below today's Neutral Zones; above same is the Spoo, and BEGOS Markets volatility is moderate. The data provider's EPS issue appears to have been resolved such that the S&P Valuation and Rankings page shall resume updating tonight. Yesterday's -1.6% drop in the S&P 500 was its worst
- [31 January 2024 – 09:17 Central Euro Time](https://demeadville.com/31-january-2024-0917-central-euro-time/) - Ahead of the Fed, both the Euro and Swiss Franc are at present below today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is light-to-moderate, the Euro notably having already traced 65% of its EDTR (see Market Ranges). As we saw on Monday with both the Bond and Gold, the
- [30 January 2024 – 09:28 Central Euro Time](https://demeadville.com/30-january-2024-0928-central-euro-time/) - 'Tis quiet across the BEGOS Markets' landscape, all eight components at present within their respective Neutral Zones for today; volatility is mostly light. Looking at the most consistent Market Rhythms, we've (on a 10-test swing basis) the Euro's 1hr parabolics and (on a 24-test swing basis) both Silver's 1hr Moneyflow and the Spoo's 8hr Moneyflow.
- [29 January 2024 – 09:12 Central Euro Time](https://demeadville.com/29-january-2024-0912-central-euro-time/) - Firmer to start the week are the Swiss Franc, Gold and Silver, whilst weaker is Copper; BEGOS Markets volatility is mostly moderate. The Gold Update looks for Gold to languish lower as essentially three weekly measures are crossing (or are about to) negatively: Moneyflow, MACD and the Parabolics (should Gold eclipse 2004 basis February this
- [The Gold Update: No. 741 – (27 January 2024) – “Gold Looks to Languish Lower”](https://demeadville.com/the-gold-update-no-741-27-january-2024-gold-looks-to-languish-lower/) - The Gold Update by Mark Mead Baillie — 741st Edition — Monte-Carlo — 27 January 2024 (published each Saturday) — www.deMeadville.com “Gold Looks to Languish Lower“ On the heels of Gold having consecutively made four lower weekly lows, ‘twould appear there’s more languishing to go. ‘Course our being Pro-Gold, we hope we’re wrong as so.But recall a week ago our
- [26 January 2024 – 09:09 Central Euro Time](https://demeadville.com/26-january-2024-0909-central-euro-time/) - The Euro, Copper and the Spoo are at present below their respective Neutral Zones for today; none of the other BEGOS Markets are above same, and volatility is mostly light, save for the Euro having already traced 55% of its EDTR (see Market Ranges). Topping our Market Rhythms for swing consistency (10-test basis) are the
- [25 January 2024 – 09:12 Central Euro Time](https://demeadville.com/25-january-2024-0912-central-euro-time/) - With the first peek at Q4 GDP in the balance, (estimated to be at best half that of Q3), the BEGOS Markets are quiet, all eight components at present within today's Neutral Zones; volatility is very quiet, with only the Bond having thus far achieved even 40% of its EDTR (see Market Ranges). Nonetheless, money
- [24 January 2024 – 09:20 Central Euro Time](https://demeadville.com/24-january-2024-0920-central-euro-time/) - We've strength early on in the EuroCurrencies, Silver, Copper and the Spoo; none of the other Markets are below today's Neutral Zones, and volatility is moderate, Copper notably having already traded 131% of its EDTR (see Market Ranges). On a 24-test basis, our top two Market Rhythms for swing consistency are the Spoo's 8hr Moneyflow
- [23 January 2024 – 09:22 Central Euro Time](https://demeadville.com/23-january-2024-0922-central-euro-time/) - Dollar weakness is translating this morning into strength for the BEGOS Markets: save for the Bond, the other seven components are higher, the EuroCurrencies and Metals Triumvirate all above their respective Neutral Zones for today; volatility is mostly moderate. With Silver's -2.4% loss yesterday, the Gold/Silver ratio has moved above 90x (currently 90.5x) for the
- [22 January 2024 – 09:17 Central Euro Time](https://demeadville.com/22-january-2024-0917-central-euro-time/) - Strength in the Spoo at the moment would have the "live" P/E of the S&P leap to 50.4x at the open, (after settling last week at 49.7x): more on the S&P's dangerous overvaluation in the current edition of The Gold Update, which also sees near-term weakness for the precious metals. Both Gold and Silver are
- [The Gold Update: No. 740 – (20 January 2024) – “Gold from Time Biding to Price Sliding”](https://demeadville.com/the-gold-update-no-740-20-january-2024-gold-from-time-biding-to-price-sliding/) - The Gold Update by Mark Mead Baillie — 740th Edition — Monte-Carlo — 20 January 2024 (published each Saturday) — www.deMeadville.com “Gold from Time Biding to Price Sliding“ Wherein a week ago we wrote of “Gold Biding Time”, the yellow metal has since proceeded from time biding to price sliding, settling this past week yesterday (Friday) at 2032. And
- [19 January 2024 – 09:19 Central Euro Time](https://demeadville.com/19-january-2024-0919-central-euro-time/) - As was the case yesterday at this time, all eight BEGOS Markets are presently within their respective Neutral Zones for today, and volatility thus again is quiet. The amount of money it takes to move the S&P 500 one point is literally but half was it was just back in November, a "warning sign" as
- [18 January 2024 – 09:16 Central Euro Time](https://demeadville.com/18-january-2024-0916-central-euro-time/) - The BEGOS Markets are at present quiet with all eight components inside today's Neutral Zones; volatility is light. At Market Trends, the Spoo's 21-day linreg has rotated to negative leaving just the Swiss Franc still (barely) in a positive stance. By Market Rhythms, our most consistent study on a 10-test swing basis is Copper's 30mn
- [17 January 2024 – 09:12 Central Euro Time](https://demeadville.com/17-january-2024-0912-central-euro-time/) - Whilst yesterday's S&P Moneyflow was actually positive (+0.9%), the Index itself fell -0.4%, but by our broadest measure (quarterly) the Flow still is suggestive of lower Index levels. Earnings Season is off to a poor start; however with just 30 companies having reported (of some 2,000 expected), this may not yet be statistically significant: 80%
- [16 January 2024 – 09:16 Central Euro Time](https://demeadville.com/16-january-2024-0916-central-euro-time/) - Into the second day of the BEGOS Markets' two-day session we've now the Bond, EuroCurrencies and Spoo all to the weak side; Copper is the sole component at present above its Neutral zone. Volatility is moderate-to-robust given it being a double-session, the Swiss Franc leading the ranginess with a 109% tracing of its EDTR (see
- [15 January 2024 – 09:15 Central Euro Time](https://demeadville.com/15-january-2024-0915-central-euro-time/) - Given the StateSide holiday, the BEGOS Markets are into a two-day session (for Tuesday settlement). At present we've the Bond below its Neutral Zone for the session, and Copper above same; volatility is expectedly light. The Gold Update cites the December dichotomy between an inflationary CPI and a deflationary PPI, and that Gold on balance
- [The Gold Update: No. 739 – (13 January 2024) – “Gold Biding Time; Bitcoin Prime Time”](https://demeadville.com/the-gold-update-no-739-13-january-2024-gold-biding-time-bitcoin-prime-time/) - The Gold Update by Mark Mead Baillie — 739th Edition — Monte-Carlo — 13 January 2024 (published each Saturday) — www.deMeadville.com “Gold Biding Time; Bitcoin Prime Time“ We directly start with this as culled from the second paragraph penned herein a week ago:“…But in seeing the Dollar take flight to start this year … along with the Bond’s fresh
- [12 January 2024 – 09:20 Central Euro Time](https://demeadville.com/12-january-2024-0920-central-euro-time/) - The Metals Triumvirate and Oil are the BEGOS Markets' winners at present; the other components are within today's Neutral Zones, and volatility is again mostly light. Last Saturday's (and still current) edition of The Gold Update introduced the notion that inflation may not be cooling, and we saw evidence of that in yesterday's CPI data
- [11 January 2024 – 09:09 Central Euro Time](https://demeadville.com/11-january-2024-0909-central-euro-time/) - Early on we've strength in the Bond, the Metals Triumvirate and the Spoo; none of the other BEGOS Markets are below their Neutral Zone, and volatility is mostly light. At Market Trends, Copper's linreg has rotated to negative, joining Silver also in that stance; however as noted yesterday, the "Baby Blues" of trend consistency are
- [10 January 2024 – 09:15 Central Euro Time](https://demeadville.com/10-january-2024-0915-central-euro-time/) - The BEGOS Markets are at present quiet, all eight components within their respective Neutral Zones for today; volatility is light across the board. The Swiss Franc per our Market Trends page confirmed its "Baby Blues" of trend consistency having fallen below the key +80%, suggestive of lower prices near-term; currently, our favoured Market Rhythm for
- [09 January 2024 – 09:10 Central Euro Time](https://demeadville.com/09-january-2024-0910-central-euro-time/) - The precious metals are rebounding this morning, both Gold and Silver at present above today's Neutral Zones; the other BEGOS Markets are within same, and volatility is mostly light, save for the precious metals having already traced in excess of 50% of their EDTRs (see Market Ranges). At Market Values, all five primary BEGOS components
- [08 January 2024 – 09:25 Central Euro Time](https://demeadville.com/08-january-2024-0925-central-euro-time/) - The precious metals and Oil are weak this morning; BEGOS Markets volatility is pushing toward moderate as the year's first full trading week begins. The Gold Update is somewhat wary of the early-year inflation trading push out of the Bond and into the Dollar, Gold in turn getting the "conventional wisdom" sell. For the S&P
- [The Gold Update: No. 738 – (06 January 2024) – “Gold Stumbles into New Year as the Dollar Gets into Gear”](https://demeadville.com/the-gold-update-no-738-06-january-2024-gold-stumbles-into-new-year-as-the-dollar-gets-into-gear/) - The Gold Update by Mark Mead Baillie — 738th Edition — Monte-Carlo — 06 January 2024 (published each Saturday) — www.deMeadville.com“Gold Stumbles into New Year as the Dollar Gets into Gear“ The biggest eye-opener for us through the first four trading days of 2024 — a year in which we’ve called for Gold 2375 — is the Dollar’s sudden
- [05 January 2024 – 09:23 Central Euro Time](https://demeadville.com/05-january-2024-0923-central-euro-time/) - We've weakness this morning in the Bond and EuroCurrencies; the other BEGOS Markets are at present within today's Neutral Zones, and volatility is again light. As did the Spoo on Wednesday, the Bond has now confirmed its "Baby Blues" (see Market Trends) having crossed below their key +80% axis: currently priced at 122^15, we can
- [04 January 2024 – 09:09 Central Euro Time](https://demeadville.com/04-january-2024-0909-central-euro-time/) - The BEGOS Markets are quiet, at present all eight components within their respective Neutral Zones for today; obviously, volatility is light. Despite the S&P 500 having recorded two down days to commence the year, it nonetheless is entering what would be a 40th consecutive trading day as "textbook overbought": having settled yesterday at 4704, an
- [03 January 2024 – 09:02 Central Euro Time](https://demeadville.com/03-january-2024-0902-central-euro-time/) - At present we've weakness in the Bond and Copper, and strength in the Euro; BEGOS Markets volatility is light. As tweeted [@deMeadvillePro], whilst the S&P dropped -0.6% to start the year, the MoneyFlow regressed into S&P points fell -2.1%: as this is a leading indicator, we look to still lower S&P levels near-term, especially as
- [02 January 2024 – 09:14 Central Euro Time](https://demeadville.com/02-january-2024-0914-central-euro-time/) - Early on the New Year we've weakness in the Bond and EuroCurrencies, and strength in Gold, Silver, Oil and the Spoo. The Gold Update targets a "conservative" high in 2024 for 2375 as detailed in the write-up. The S&P 500's "textbook overbought" condition ranks in the 97th percentile of all such conditions across the past
- [The Gold Update: No. 737 – (30 December 2023) – “Gold - We Conservatively Forecast 2375 for 2024's High”](https://demeadville.com/the-gold-update-no-737-30-december-2023-gold-we-conservatively-forecast-2375-for-2024s-high/) - The Gold Update by Mark Mead Baillie — 737th Edition — Monte-Carlo — 30 December 2023 (published each Saturday) — www.deMeadville.com“Gold – We Conservatively Forecast 2375 for 2024’s High“ ‘Twas a year ago at this time we opted out of forecasting a high price for Gold in 2023, other than to opine ‘twould make a new All-Time High (above
- [29 December 2023 – 09:17 Central Euro Time](https://demeadville.com/29-december-2023-0917-central-euro-time/) - Early on in the year's final session we've at present the Swiss Franc, Gold and Copper above their respective Neutral Zones for today, whilst Silver is below same; volatility for the BEGOS Markets is light, with only the Swiss Franc having thus far exceeded 50% (now 56%) of its EDTR (see Market Ranges). By Market
- [28 December 2023 – 09:41 Central Euro Time](https://demeadville.com/28-december-2023-0941-central-euro-time/) - The EuroCurrencies and Gold are at present above today's Neutral Zones, whilst the Bond is below same; BEGOS Markets volatility is mostly light. The Swiss Franc is trading above 1.20 for the first time (save for its brief Euro-decoupling spike in January of 2015) since September of 2011. Gold is again teasing the 2100 level,
- [27 December 2023 – 09:23 Central Euro Time](https://demeadville.com/27-december-2023-0923-central-euro-time/) - Both the Bond and Copper are at present above today's Neutral Zones; the other BEGOS Markets all are within same, and volatility is again light. The S&P 500 is -44 points below its 4819 all-time high; the EDTR (see Market Ranges) for the Spoo is coincidentally 44 points; (for the S&P itself 'tis 38 points);
- [26 December 2023 – 09:17 Central Euro Time](https://demeadville.com/26-december-2023-0917-central-euro-time/) - Into the shortened trading week we go with Gold at present above its Neutral Zone, as too are Silver, Copper and the Spoo; the balance of the BEGOS Markets are within same, and volatility is light. The Gold Update details an historically-based case for Gold to reach 2500 in the ensuing year. The S&P 500
- [The Gold Update: No. 736 – (23 December 2023) – “A Great Gift for Gold as It Climbs into Christmas”](https://demeadville.com/the-gold-update-no-736-23-december-2023-a-great-gift-for-gold-as-it-climbs-into-christmas/) - The Gold Update by Mark Mead Baillie — 736th Edition — Monte-Carlo — 23 December 2023 (published each Saturday) — www.deMeadville.com“A Great Gift for Gold as It Climbs into Christmas“ You likely shan’t glean this from anywhere else, so here we go. In this 23rd year of the 21st century, for these past five trading days leading up to
- [22 December 2023 – 09:57 Central Euro Time](https://demeadville.com/22-december-2023-0957-central-euro-time/) - Oil is the only BEGOS Market at present outside (above) its Neutral Zone for today; session volatility is light. By Market Trends, six of the eight components are in 21-day linreg uptrends components, (the two downtrends being for Silver and Oil). Per Market Rhythms, our most consistent on a 10-test is Gold's 8hr MACD whilst
- [21 December 2023 – 18:04 Central Euro Time](https://demeadville.com/21-december-2023-1804-central-euro-time/) - Apologies, we just noted that this morning's post obviously didn't "make the trip". The thrust therein was the S&P 500 yesterday giving up the prior three days' gains in just three hours. The Index is trying to firm today, but is coming off as we type. Still, save for the Bond and Oil, the balance
- [20 December 2023 – 09:10 Central Euro Time](https://demeadville.com/19-december-2023-0910-central-euro-time/) - Both the Bond and Copper are at present above today's Neutral Zones; below same is the Euro, and volatility is quite light, the largest EDTR (see Market Ranges) to this point being that of the Euro at 48%. Going 'round the Market Values horn of the five primary BEGOS Markets (in real-time): the Bond is
- [19 December 2023 – 09:38 Central Euro Time](https://demeadville.com/19-december-2023-0938-central-euro-time/) - At present we've the Bond, Euro and Copper above today's Neutral Zones; the other BEGOS Markets are within same, and volatility remains light, (save for non-BEGOS Yen which already has traced 121% of its EDTR [see Market Ranges for the BEGOS components]). At Market Ranges we continue to watch for the Bond's "Baby Blues" to
- [18 December 2023 – 08:59 Central Euro Time](https://demeadville.com/18-december-2023-0859-central-euro-time/) - Both the Euro and Spoo are at present above their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is again light. The Gold Update emphasizes the dangerously high level of the S&P 500 by a whole host of measures; whereas Gold itself whilst weathering some post All-Time-High
- [The Gold Update: No. 735 – (16 December 2023) – “Gold's Upside Fruition; Stocks' Suicide Mission”](https://demeadville.com/the-gold-update-no-735-16-december-2023-golds-upside-fruition-stocks-suicide-mission/) - The Gold Update by Mark Mead Baillie — 735th Edition — Monte-Carlo — 16 December 2023 (published each Saturday) — www.deMeadville.com“Gold’s Upside Fruition; Stocks’ Suicide Mission“ Yes, ’tis The Gold Update, but we’re compelled (as occasionally is our wont) to start with stocks’ suicide mission, given Gold in upside fruition (albeit still vastly undervalued) is doing just fine, thank you very
- [15 December 2023 – 09:29 Central Euro Time](https://demeadville.com/15-december-2023-0929-central-euro-time/) - The Euro is at present below today's Neutral Zone whilst above same are both Copper and the Spoo; BEGOS Markets volatility is mostly light. The S&P 500 looks to open at about 4730, some -90 points below the all-time high (4819); the "live" P/E (fut's-adj'd) is now 45.0x. 'Tis volume rollover today from December to
- [14 December 2023 – 09:07 Central Euro Time](https://demeadville.com/13-december-2023-0907-central-euro-time/) - The Bond, Copper and Spoo are at present above today's Neutral Zones; the other BEGOS Markets are within same, and volatility is moderate. Yesterday's S&P 500 rally again did not have full MoneyFlow support (Index +1.4% vs. Flow +1.0%); too the S&P is now quite frothy as the Flow factor to move the S&P by
- [13 December 2023 – 09:13 Central Euro Time](https://demeadville.com/13-december-2023-0913-central-euro-time/) - The Bond at present is above today's Neutral Zone; both Copper and Oil are below same, and BEGOS Markets volatility is again light with the FOMC's Policy Statement in the balance. The S&P 500 completed its 25th consecutive trading day as "textbook overbought"; the "live" P/E (futs-adj'd) is 44.5x; at 4644, the Index stands -174
- [12 December 2023 – 09:03 Central Euro Time](https://demeadville.com/12-december-2023-0903-central-euro-time/) - We've strength this morning in the Bond and EuroCurrencies, with session volatility notably light, save for the Swiss Franc having already traced 53% of its EDTR (see Market Ranges). Both the Swiss Franc and Gold confirmed their "Baby Blues" (see Market Trends) slipping below their +80% axes, suggestive of still lower prices near-term. Despite yesterday's
- [11 December 2023 – 09:08 Central Euro Time](https://demeadville.com/11-december-2023-0908-central-euro-time/) - Save for Oil (+0.6% at 71.67), the other seven BEGOS Markets are all at present in the red; session volatility is light. The Gold Update sees safe downside for the yellow metal toward 1975 without causing any concern for the overall uptrend(s); still by Market Trends, Gold's "Baby Blues" are in real-time dropping below their
- [The Gold Update: No. 734 – (09 December 2023) – “Gold-Record's Calamity; Stocks' Stark Misfortune-to-Be”](https://demeadville.com/the-gold-update-no-734-09-december-2023-gold-records-calamity-stocks-stark-misfortune-to-be/) - The Gold Update by Mark Mead Baillie — 734th Edition — Monte-Carlo — 09 December 2023 (published each Saturday) — www.deMeadville.com “Gold-Record’s Calamity; Stocks’ Stark Misfortune-to-Be“ British Prime Minister (1874-1880) Benjamin Disraeli is infamously quoted in reference to the leader of Parliament’s Opposition: “If Gladstone fell into the Thames, that would be a misfortune; and if anybody pulled him
- [08 December 2023 – 09:12 Central Euro Time](https://demeadville.com/08-december-2023-0912-central-euro-time/) - 'Tis StateSide November Payrolls day for the Econ Baro, and at present seven of the eight BEGOS Markets are within their Neutral Zones, the only outlier being Oil above same; the latter appears trying to firm 'round the 70 handle. Session volatility is light, (except again for the non-BEGOS component Yen which has traced 119%
- [07 December 2023 – 09:11 Central Euro Time](https://demeadville.com/07-december-2023-0911-central-euro-time/) - The Bond is at present below its Neutral Zone for today, whilst above same is Copper; BEGOS Markets volatility is again mostly light with the non-BEGOS exception of the Yen which already has traced 145% of its EDTR (see Market Ranges for the standard BEGOS components). Gold has calmed from its wild Monday ride: currently
- [06 December 2023 – 09:13 Central Euro Time](https://demeadville.com/06-december-2023-0913-central-euro-time/) - Gold, Copper and the Spoo are at present above today's Neutral Zones; the other BEGOS Markets are within same, and volatility is mostly light. Going 'round the horn for the five primary BEGOS components at Market Values, we've (in real-time): the Bond +6.5 points "high" above its smooth its smooth valuation line, the Euro "in
- [05 December 2023 – 08:59 Central Euro Time](https://demeadville.com/05-december-2023-0859-central-euro-time/) - After achieving an All-Time High yesterday at 2152, Gold's subsequent -113 intraday points drop ranks 5th-worst century-to-date; however the -5.3% drop ranks just 34th worst intraday. At present, the Euro, Copper and Spoo are below today's Neutral Zones; none of the other BEGOS Markets are above same, and volatility has returned to mostly light. Our
- [04 December 2023 – 09:12 Central Euro Time](https://demeadville.com/04-december-2023-0912-central-euro-time/) - After setting an All-Time High on Friday (to 2096, settle 2092), Gold spiked overnight some +50 points, only to since return below Friday's settle. At present 'tis red across the board for all eight BEGOS Markets, and volatility is robust. More details on to where the yellow metal can go near-to-medium term in The Gold
- [The Gold Update: No. 733 – (02 December 2023) – “Gold:  Finally!”](https://demeadville.com/the-gold-update-no-733-02-december-2023-gold-finally/) - The Gold Update by Mark Mead Baillie — 733rd Edition — Monte-Carlo — 02 December 2023 (published each Saturday) — www.deMeadville.com“Gold: Finally!“ If you caught last Tuesday’s tweet (@deMeadvillePro, Gold then 2042) you saw where this was going: “Santa clearly is contemplating a new all-time Gold high by Christmas. ‘Twould be 2075 spot a/o 2089 FebFuts. (On verra…)” And so
- [01 December 2023 – 09:16 Central Euro Time](https://demeadville.com/01-december-2023-0916-central-euro-time/) - All eight BEGOS Markets are at present within their respective Neutral Zones for today, and volatility is light. Gold appears rather hesitant just below record-high territory: FedFuts are 2060; the record high is 2089; but by Market Values, price is (in real-time) +73 points above its smooth valuation line; still by Market Trends, Gold is
- [30 November 2023 – 09:21 Central Euro Time](https://demeadville.com/30-november-2023-0921-central-euro-time/) - At present, just Copper is the only BEGOS Market outside (above) its Neutral Zone for today; volatility again is light-to-moderate. As tweeted (@deMeadvillePro) on Tuesday: "Santa clearly is contemplating a new all-time Gold high by Christmas. ‘Twould be 2075 spot a/o 2089 FebFuts. (On verra…)" Price since has reached 2073 (FebFuts); more in this coming
- [29 November 2023 – 09:17 Central Euro Time](https://demeadville.com/29-november-2023-09xx-central-euro-time/) - The Bond is the sole BEGOS Market at present outside (above) its Neutral Zone; session volatility is light-to-moderate. After flipping from Long-to-Short, the Bond's daily parabolics whip-sawed back to Long: however, we're minding the Bond's "Baby Blues" (see Market Trends) for their breaking below the key +80% axis. Going 'round the Market Values horn for
- [28 November 2023 – 09:15 Central Euro Time](https://demeadville.com/28-november-2023-0915-central-euro-time/) - All eight BEGOS Markets are at present within their respective Neutral Zones for today; session volatility is light. Gold's cac volume is rolling from December into February, with +20 points of premium; other rollovers in process include Silver, Copper and the Bond, all from December into March. As anticipated, the Bond's "Baby Blues" (see Market
- [27 November 2023 – 09:17 Central Euro Time](https://demeadville.com/27-november-2023-0917-central-euro-time/) - Both Gold and Silver are at present above today's Neutral Zones: the white metal, (which has been lagging Gold's performance), has provisionally flipped its weekly parabolic from Short to Long; confirmation should come at next Friday's settle. The Spoo is at present below its Neutral Zone. And BEGOS Markets volatility is again moderate. The "textbook
- [The Gold Update: No. 732 – (25 November 2023) – “Basking Under Gold”](https://demeadville.com/the-gold-update-no-732-25-november-2023-basking-under-gold/) - The Gold Update by Mark Mead Baillie — 732nd Edition — Cortona — 25 November 2023 (published each Saturday) — www.deMeadville.com “Basking Under Gold“ Greetings from under the Tuscan sun. Here in Cortona, recorded history dates all the way back to the Etruscans in the 8th century BC, (which for you WestPalmBeachers down there is some 2,900 years ago).
- [24 November 2023 – 08:35 Central Euro Time](https://demeadville.com/24-november-2023-0835-central-euro-time/) - The second day of the otherwise abbreviated trading session finds the Bond at present below its Neutral Zone; the rest of the BEGOS Markets are within same, and volatility is moderate. The Bond's "Baby Blues" appear poised to begin their descent in the ensuing week; and by Market Values, the Bond in real-time is nearly
- [22 November 2023 – 07:13 Central Euro Time](https://demeadville.com/22-november-2023-0713-central-euro-time/) - Just brief and early this morning, (our going into motion across the next few days): only Copper is at present outside (below) its Neutral Zone for today; BEGOS Markets volatility is light. Yesterday's S&P 500's down move nonetheless maintains a "textbook overbought" rating for the Index, however now "moderate" rather than "extreme"; (such condition can
- [21 November 2023 – 09:22 Central Euro Time](https://demeadville.com/21-november-2023-0922-central-euro-time/) - The Bond, Swiss Franc, Gold and Silver are all at present above their respective Neutral Zones for today; the other BEGOS Markets are within same, and volatility is leaning toward moderate, (the non-BEGOS Yen having again exceeded 100% of its Expected Daily Trading Range). The S&P 500 is now "textbook overbought" through the past 10
- [20 November 2023 – 09:17 Central Euro Time](https://demeadville.com/20-november-2023-0917-central-euro-time/) - The abbreviated trading week gets going with the Swiss Franc and Oil at present above today's Neutral Zone; below same is the Bond: recall our noting to mind the Bond's "Baby Blues" (at either the Bond or Market Trends page); the Blues in real-time are beginning to roll over (albeit still are above their key
- [The Gold Update: No. 731 – (18 November 2023) – “Gold Pops as Inflation Stops and the Economy Flops”](https://demeadville.com/the-gold-update-no-731-18-november-2023-gold-pops-as-inflation-stops-and-the-economy-flops/) - The Gold Update by Mark Mead Baillie — 731st Edition — Monte-Carlo — 18 November 2023 (published each Saturday) — www.deMeadville.com“Gold Pops as Inflation Stops and the Economy Flops“ Some 40 years ago per advertising billboards for the evening blatt known as the San Francisco Examiner: “A lot can happen between 9 and 5”. And relative to just this past week,
- [17 November 2023 – 08:57 Central Euro Time](https://demeadville.com/17-november-2023-0857-central-euro-time/) - 'Twould appear to be a quiet Friday in the making: all eight BEGOS Markets are at present within their respective Neutral Zones, and volatility is very light. October's Housing Starts/Permits come due for the Econ Baro, which itself has had quite the torrid week (https://demeadville.com/economic-barometer/); more on that in tomorrow's 731st edition of The Gold
- [16 November 2023 – 08:58 Central Euro Time](https://demeadville.com/16-november-2023-0858-central-euro-time/) - Both the Bond and Gold are at present above today's Neutral Zones; the rest of the BEGOS Markets are within same, and volatility is mostly light ahead of a busy day for incoming EconData. Silver's daily Parabolics flipped to Long effective today's open (23.510): the average maximum follow-though of the past 10 such studies (either
- [15 November 2023 – 08:59 Central Euro Time](https://demeadville.com/15-november-2023-0859-central-euro-time/) - October's CPI indeed was "center stage" (per yesterday's comment), the headline retail level coming in "unch". In turn the Dollar dove and the BEGOS Markets unimpededly rose. Today ahead of wholesale inflation we've both Gold and Silver at present above their respective Neutral Zones for today; the other BEGOS components are within same, and volatility
- [14 November 2023 – 09:08 Central Euro Time](https://demeadville.com/14-november-2023-0908-central-euro-time/) - The Bond is the sole BEGOS Market at present outside (above) its Neutral Zone for today; session volatility is very light, the Econ Baro awaiting October's CPI to take center stage. Heading our Market Rhythms for trading consistency are (on a 10-test basis) the Euro's daily Moneyflow, Oil's 30mn Parabolics and Silver's daily Parabolics, (too,
- [13 November 2023 – 09:04 Central Euro Time](https://demeadville.com/13-november-2023-0904-central-euro-time/) - Both Silver and Oil are at present below today's Neutral Zones; above same is Copper, and BEGOS Markets volatility is pushing toward moderate. The Gold Update confirms our anticipated typical post-geopolitical price pullback: visually therein on the Weekly Bars graphic we've placed the 1980-1922 support structure, (expandable to 2001-1901 if need be); and in real-time,
- [The Gold Update: No. 730 – (11 November 2023) – “Gold's Bang-On-Time Dive”](https://demeadville.com/the-gold-update-no-730-11-november-2023-golds-bang-on-time-dive/) - The Gold Update by Mark Mead Baillie — 730th Edition — Monte-Carlo — 11 November 2023 (published each Saturday) — www.deMeadville.com“Gold’s Bang-On-Time Dive“ Let’s open with this from the “We Hate It When We’re Right Dept.” reinforced by the age-old axiomatic quip: “Be careful of that for which you wish as you just might get it.” And you regular readers
- [10 November 2023 – 09:04 Central Euro Time](https://demeadville.com/10-november-2023-0904-central-euro-time/) - The Bond is at present above its Neutral Zone for today; the Swiss Franc is below same, and BEGOS Markets volatility is mostly light. Looking at Market Profile resistors for the Spoo (presently 4372) we've the 4381-4384 area followed more dominantly by 4396; whilst by Market Trends the Spoo's linreg in real-time has just rotated
- [09 November 2023 – 08:54 Central Euro Time](https://demeadville.com/09-november-2023-0854-central-euro-time/) - Copper is the sole BEGOS Market at present outside (below) its Neutral Zone for today; session volatility is light, save for Copper which has traced 57% of its EDTR (see Market Ranges). As Gold's "Baby Blues" continue to descend, price has thus far traded to as low as 1953: recall from the current edition of
- [08 November 2023 – 09:01 Central Euro Time](https://demeadville.com/08-november-2023-0901-central-euro-time/) - The Bond and EuroCurrencies are at present below today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is light. At Market Ranges, the recent EDTR widenings for the Bond, Gold, Silver, Oil and the Spoo appear for now to have peaked. Following Gold's "Baby Blues" falling below their key +80%
- [07 November 2023 – 09:03 Central Euro Time](https://demeadville.com/07-november-2023-0903-central-euro-time/) - All eight BEGOS Markets are in the red and all at present (save for the Bond) are below their respective Neutral Zones for today; volatility is mostly moderate. Gold confirmed its "Baby Blues" (see Market Trends) dropping below their key +80% level; priced now at 1976, we can see 1946 trading near-term, well within the
- [06 November 2023 – 08:33 Central Euro Time](https://demeadville.com/06-november-2023-0833-central-euro-time/) - The BEGOS Markets' volatility is light-to-moderate as the new week unfolds. At present, Copper is above its Neutral Zone for today, whilst Gold is below same. The Gold Update anticipates a typical post-geopolitical price pullback is nigh; indeed at Market Trends, Gold's "Baby Blues" are in real-time slipping below their key +80% axis, (as have
- [The Gold Update: No. 729 – (04 November 2023) – “Gold's Post-Geopolitical Pullback”](https://demeadville.com/the-gold-update-no-729-04-november-2023-golds-post-geopolitical-pullback/) - The Gold Update by Mark Mead Baillie — 729th Edition — Monte-Carlo — 04 November 2023 (published each Saturday) — www.deMeadville.com “Gold’s Post-Geopolitical Pullback“ From our purview, Gold appears on the perch of a downside lurch: a classic post-geopolitical pullback.“Unless like you’ve said that maybe ‘it is different this time’, right mmb?” Indeed, Squire, ‘twould be wonderful if Gold of
- [03 November 2023 – 09:02 Central Euro Time](https://demeadville.com/03-november-2023-0902-central-euro-time/) - Silver is the only BEGOS Market at present outside (below) today's Neutral Zone; session volatility is light with October's Payrolls data in the balance. Yesterday's +1.9% S&P 500 rise was sufficient to fully unwind the "textbook oversold" stance that had been in place since 23 October; too on Thursday, the S&P's P/E rose from 34.7x
- [02 November 2023 – 09:01 Central Euro Time](https://demeadville.com/02-november-2023-0901-central-euro-time/) - Post-Fed the EuroCurrencies are getting a bid, both the Euro and Swiss Franc at present above their respective Neutral Zones for today, as is Copper; the other BEGOS Markets are within same, and volatility is light-to-moderate. Silver confirmed its "Baby Blues" (see Market Trends) moving below the key +80% level, indicative of lower prices near-term:
- [01 November 2023 – 09:00 Central Euro Time](https://demeadville.com/01-november-2023-0900-central-euro-time/) - As Mid-East headlines fall a bit from above the fold, so too falling are the precious metals' prices: both Gold and Silver are at present below their Neutral Zones for today; the other BEGOS Markets are within same, and volatility is light with the FOMC's Policy Statement in the balance. By Market Profiles, Gold is
- [31 October 2023 – 08:59 Central Euro Time](https://demeadville.com/31-october-2023-0859-central-euro-time/) - The Bond is at present above its Neutral Zone for today; the balance of the BEGOS Markets are within same, and volatility is again light-to-moderate; thereto of note, whilst not (yet) a BEGOS component, the Yen has traced 235% of its EDTR (see Market Ranges for those of the BEGOS Markets) as the BOJ maintains
- [30 October 2023 – 09:05 Central Euro Time](https://demeadville.com/30-october-2023-0905-central-euro-time/) - The "textbook oversold" S&P 500 looks to get a boost at the open, the Spoo at present above today's Neutral Zone; below same are both Gold and Oil, and volatility is light-to-moderate. The Gold Update reiterates the yellow metal still as "range-bound" rather than "moon-bound": 1989 is dominant trading support by the 10-day Market Profile;
- [The Gold Update: No. 728 – (28 October 2023) – “S&P Squirms; Gold Firms”](https://demeadville.com/the-gold-update-no-728-28-october-2023-s-gold-firms/) - The Gold Update by Mark Mead Baillie — 728th Edition — Monte-Carlo — 28 October 2023 (published each Saturday) — www.deMeadville.com“S&P Squirms; Gold Firms“ Welcome to this week’s missive featuring your favourite end-of-month graphics as we put the wraps on October, (albeit with two trading days in the balance followed by Wednesday’s EuroSide holiday). And sadly as the Mid-East
- [27 October 2023 – 09:01 Central Euro Time](https://demeadville.com/27-october-2023-0901-central-euro-time/) - The Bond is at present below its Neutral Zone for today, whilst above same are Copper, Oil and the Spoo; BEGOS Market's volatility is mostly light. As tweeted (@deMeadvillePro) last evening, we're finally seeing some "fear" in the Flow, the S&P 500 falling -1.2% yesterday, but its MoneyFlow regressed into S&P points was -2.4%; still,
- [26 October 2023 – 09:03 Central Euro Time](https://demeadville.com/26-october-2023-0903-central-euro-time/) - At present we've the Metals Triumvirate higher and the EuroCurrencies lower. Notably for the second straight session (to this point), both Gold and the Dollar are gaining, ("Gold plays no currency favourites"). The Spoo continues to work lower: as we've (yet) to see "fear" in the S&P's MoneyFlow, (when otherwise Flow falls at a faster
- [25 October 2023 – 09:07 Central Euro Time](https://demeadville.com/25-october-2023-0907-central-euro-time/) - At present, all eight BEGOS Markets are within their respective Neutral Zones for today, and volatility is at best light. In looking at Market Rhythms on a 10-test basis, the most profitably consistent through yesterday are Silver's 8hr Price Oscillator, 12hr MACD, 6hr Moneyflow and daily Parabolics, plus Oil's 4hr Moneyflow, the Euro's daily Moneyflow,
- [24 October 2023 – 09:02 Central Euro Time](https://demeadville.com/24-october-2023-0902-central-euro-time/) - The Bond, Gold and Copper are at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is light, save for Copper having already traced 67% of its EDTR (see Market Ranges). By Market Values we've Gold in (real-time) +107 points above its smooth valuation line. In tandem with
- [23 October 2023 – 09:24 Central Euro Time](https://demeadville.com/23-october-2023-0924-central-euro-time/) - Save for the Spoo, the other seven BEGOS Markets are in the red, all at present below their respective Neutral Zones for today; session volatility is pushing toward moderate. The Gold Update sees the yellow metal as remaining "range-bound" until the All-Time High (2089 vs. the current 1986) is eclipsed, (from which Gold then becomes
- [The Gold Update: No. 727 – (21 October 2023) – “Gold:  Range-Bound?  Or Moon-Bound?”](https://demeadville.com/the-gold-update-no-727-21-october-2023-gold-range-bound-or-moon-bound/) - The Gold Update by Mark Mead Baillie — 727th Edition — Monte-Carlo — 21 October 2023 (published each Saturday) — www.deMeadville.com “Gold: Range-Bound? Or Moon-Bound?“ Across the past 23 trading days (from 20 September) Gold traded per that date’s high of 1969 down -145 points (-7.4%) to 1824 (on 06 October) from which price then ascended +185 points (+10.1%)
- [20 October 2023 – 08:53 Central Euro Time](https://demeadville.com/20-october-2023-0853-central-euro-time/) - Per our tweet (@deMeadvillePro) last evening, "Flow leads dough..." as is now being depicted on the MoneyFlow page for the S&P 500; too, our notion of the Spoo attaining the 4500 level at least near-term (based on the upside reversal at Market Trends of the "Baby Blues" two weeks ago) is now nixed, even as
- [19 October 2023 – 09:04 Central Euro Time](https://demeadville.com/19-october-2023-0904-central-euro-time/) - Narrow ranges thus far characterize the BEGOS Markets: only the Bond is at present outside (below) its Neutral Zone for today, and volatility is notably light, the Bond with the widest EDTR tracing to this point (see Market Ranges) at just 37%. Gold's weekly parabolic trend has provisionally flipped from Short to Long, (confirmation to
- [18 October 2023 – 10:53 Central Euro Time](https://demeadville.com/18-october-2023-1053-central-euro-time/) - The Metals Triumvirate and Oil are the BEGOS Markets' leaders thus far, those four all at present above today's Neutral Zones; below same is the Bond, and volatility is moderate. On a $/cac basis, Silver is the broadest mover, at present +$1725. At Market Trends, the Spoo's "Baby Blues" appear poised to break above their
- [17 October 2023 – 09:03 Central Euro Time](https://demeadville.com/17-october-2023-0903-central-euro-time/) - 'Tis red across the board for the BEGOS Markets, notably with the Bond, Euro, Gold, Copper and Oil all at present below their respective Neutral Zones for today; volatility however is mostly light. On a $/cac change basis, Copper's is the most at the moment, -$1,012. At Market Trends, whilst all eight components are still
- [16 October 2023 – 09:12 Central Euro Time](https://demeadville.com/16-october-2023-0912-central-euro-time/) - We begin the week with both the Euro and Copper at present above today's Neutral Zones; below same are the Bond, Gold and Silver. With respect to the yellow metal, note in the current edition of The Gold Update the "tease" as regards Friday's "Hobson Close"; should Gold further dip, we see structural support in
- [The Gold Update: No. 726 – (14 October 2023) – “Awakening to Gold”](https://demeadville.com/the-gold-update-no-726-14-october-2023-awakening-to-gold/) - The Gold Update by Mark Mead Baillie — 726th Edition — Monte-Carlo — 14 October 2023 (published each Saturday) — www.deMeadville.com “Awakening to Gold“ Now before we all get too excited out there about Gold having yesterday (Friday) posted its largest one-day net gain since 17 March by both percentage +3.4% and points +64, let us acknowledge that price is right
- [13 October 2023 – 08:58 Central Euro Time](https://demeadville.com/13-october-2023-0858-central-euro-time/) - The Bond, Gold and Silver are at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is quite light. Even as equities struggled yesterday, there remains no "fear" for the S&P 500 per our cap-weighted MoneyFlow page. Further per our Market Trends page, the Spoo's "Baby Blues" in
- [12 October 2023 – 08:59 Central Euro Time](https://demeadville.com/12-october-2023-0859-central-euro-time/) - Money is moving into the BEGOS Markets this morning: at present, the Bond, Euro, Swiss Franc, Gold, Silver and Copper all are above today's Neutral Zones; otherwise, Oil and the Spoo are within same, and volatility is again light. At Market Trends, even as all eight components remain in linreg downtrends, respective "Baby Blues" are
- [11 October 2023 – 09:12 Central Euro Time](https://demeadville.com/11-october-2023-0912-central-euro-time/) - Copper is the sole BEGOS Market at present outside (above) its Neutral Zone; session volatility is light. As tweeted (@deMeadvillePro) last night, the Spoo did confirm its "Baby Blues" (see Market Trends) moving above the key -80% axis, inferring high price levels: structurally there appears room to move near-term to 4500 (present price is 4393);
- [10 October 2023 – 09:08 Central Euro Time](https://demeadville.com/10-october-2023-0908-central-euro-time/) - A whirl 'round day yesterday for the S&P, arguably getting a safe-haven bid given events in the Middle East; as well the S&P is now "textbook oversold" through 13 days and the MoneyFlow differential is still positive, indicative of "fear" remaining at bay; moreover at Market Trends, the Spoo's "Baby Blues" are in real-time moving
- [09 October 2023 – 08:58 Central Euro Time](https://demeadville.com/09-october-2023-0858-central-euro-time/) - Expectedly, given the incursion in the Middle East, Gold gapped notably higher at last night's open and the Spoo notably lower. The latter along along with the Euro are at present below today's Neutral Zones, whilst above same are the Bond, Metals Triumvirate and Oil; BEGOS Markets' volatility is moderate. The Gold Update looks to
- [The Gold Update: No. 725 – (07 October 2023) – “Gold Further Tanks; to the Dollar No Thanks”](https://demeadville.com/the-gold-update-no-725-07-october-2023-gold-further-tanks-to-the-dollar-no-thanks/) - The Gold Update by Mark Mead Baillie — 725th Edition — Monte-Carlo — 07 October 2023 (published each Saturday) — www.deMeadville.com “Gold Further Tanks; to the Dollar No Thanks“ “Well ya know, Gold is down because of Dollar strength…”Oh good grief are we sick of hearing that. Honest to Pete, knee-jerk “conventional wisdom” is hardly our investing indicator of
- [06 October 2023 – 08:58 Central Euro Time](https://demeadville.com/06-october-2023-0858-central-euro-time/) - The Eurocurrencies are the weak link thus far with both the Euro and Swiss Franc below today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is light with September's Payrolls data due (12:30 GMT). Oil having come off, all eight BEGOS components are now in negative 21-day linear regression downtrends.
- [05 October 2023 – 09:01 Central Euro Time](https://demeadville.com/05-october-2023-0901-central-euro-time/) - With EDTRS (see Market Ranges) having ramped up of late, the BEGOS Markets are notably subdued this morning, all eight components at present within their respective Neutral Zones for today; volatility is light-to-moderate. As tweeted (@deMeadvillePro) last evening, Oil (the Market Trends sell signal via the "Baby Blues" having come 7 trading sessions ago on
- [04 October 2023 – 09:05 Central Euro Time](https://demeadville.com/04-october-2023-0905-central-euro-time/) - Red returns to the BEGOS Markets this morning for all eight components, only three of which are not at present below their Neutral Zones (Euro, Silver, Oil). Session volatility is again moderate to this time of day, and indeed by Market Ranges, EDTRs are (finally) turning upward toward more relatively "normal" levels across the last
- [03 October 2023 – 09:02 Central Euro Time](https://demeadville.com/03-october-2023-0902-central-euro-time/) - The gutting of Gold (1839) continues, the Dollar Index approaching its 107 handle, a level not seen since November 2021. However, Gold by Market Values is (in real-time) -115 points below its smooth valuation line, a fairly historical extreme: such prior deviation (per 01 July 2021) then found Gold move up by better than +200
- [02 October 2023 – 09:07 Central Euro Time](https://demeadville.com/02-october-2023-0907-central-euro-time/) - The BEGOS Markets begin October on a mixed note. At present, we've the Bond, Gold and Silver below today's Neutral Zones, whilst above same are the Swiss Franc, Copper and the Spoo; volatility is moderate. The Gold Update confirms the yellow metal's weekly parabolic trend as having flipped to Short; and as anticiapted, such trend
- [The Gold Update: No. 724 – (30 September 2023) – “Gold Guillotiné !”](https://demeadville.com/the-gold-update-no-724-30-september-2023-gold-guillotine/) - The Gold Update by Mark Mead Baillie — 724th Edition — Monte-Carlo — 30 September 2023 (published each Saturday) — www.deMeadville.com “Gold Guillotiné !“ We start by paraphrasing this oft-misquoted line from American TV icon Desi Arnaz: “mmb, you’ve got some ‘splaining to do!”, even as our two previous missives entitled Gold as being “Technically Torturous” and “The Torture Continues”.
- [The Gold Update: No. 722 – (16 September 2023) – “Gold - Fundamentally Fabulous, Technically Torturous”](https://demeadville.com/the-gold-update-no-722-16-september-2023-gold-fundamentally-fabulous-technically-torturous/) - The Gold Update by Mark Mead Baillie — 722nd Edition — Monte-Carlo — 16 September 2023 (published each Saturday) — www.deMeadville.com“Gold – Fundamentally Fabulous, Technically Torturous“ Firstly: Gold is fundamentally fabulous given its ultimate valuation is a function of currency debasement. Hardly is that news to our veteran readership, nor to anyone who fully comprehends The Gold Story. So
- [29 September 2023 – 09:09 Central Euro Time](https://demeadville.com/29-september-2023-0909-central-euro-time/) - Following its fourth-consecutive down day, Gold is at present above its Neutral Zone as are Silver, Copper, the Euro and Swiss Franc; none of the other BEGOS Markets are below same, and volatility is moderate-to-robust, the white metal already having traded 108% of its EDTR (see Market Ranges). Oil, which yesterday traded its widest high-to-low
- [28 September 2023 – 09:09 Central Euro Time](https://demeadville.com/28-september-2023-0909-central-euro-time/) - Gold's weekly parabolic trend has provisionally flipped from Long to Short, (as tweeted [@deMeadvillePro] last evening); more on this outlying exception in next Saturday's edition of The Gold Update. Tweeted too was Oil's breaking above its recent high (93.74) such that from a cash management perspective 'tis better to stand aside for the moment. At
- [27 September 2023 – 09:06 Central Euro Time](https://demeadville.com/27-september-2023-0906-central-euro-time/) - The BEGOS Markets are at present mixed: both the Swiss Franc and Gold are below their Neutral Zones, whilst above same are both the Bond and Oil; volatility is pushing toward moderate. Gold is a disappointment: trading to as low as 1913, should 1905.1 (precisely) trade, the weekly parabolic Long trend shall provisionally flip to
- [26 September 2023 – 09:10 Central Euro Time](https://demeadville.com/26-september-2023-0910-central-euro-time/) - Red is the watchword for the BEGOS Markets, all of which at present are below their respective Neutral Zones for today. Session volatility is moderate across the board, which is refreshing given the otherwise narrower-than-average EDTRS (see Market Ranges). Oil (currently 88.69) has its real-time "Baby Blue" dot at +78%: if this provisional sub +80%
- [25 September 2023 – 09:00 Central Euro Time](https://demeadville.com/25-september-2023-0900-central-euro-time/) - The Bond begins its week on a down note, at present trading below today's Neutral Zone; the balance of the BEGOS Markets are within same, and volatility is mostly light. The Gold Update points to price's still not being able to get off the mat even as the weekly parabolic trend enters its fifth week
- [The Gold Update: No. 723 – (23 September 2023) – “Gold - The Torture Continues”](https://demeadville.com/the-gold-update-no-723-23-september-2023-gold-the-torture-continues/) - The Gold Update by Mark Mead Baillie — 723rd Edition — Monte-Carlo — 23 September 2023 (published each Saturday) — www.deMeadville.com“Gold – The Torture Continues“ On the heels of last week’s piece “Gold – Fundamentally Fabulous, Technically Torturous“, we’ve given consideration to some infamous tortures foisted upon mankind across the centuries. And how well-documented they are! The exasperating drips of the
- [22 September 2023 – 09:05 Central Euro Time](https://demeadville.com/22-september-2023-0905-central-euro-time/) - Our Metals Triumvirate, Oil and the Spoo are all at present above their respective Neutral Zones for today; none of the other BEGOS Markets are below same, and volatility is mostly light, (save for the Yen, which whilst not yet a formal BEGOS component, has traced 102% of its EDTR by our Market Ranges calculation).
- [21 September 2023 – 09:04 Central Euro Time](https://demeadville.com/21-september-2023-0904-central-euro-time/) - Post-Fed we've Oil as the sole BEGOS Market at present below today's Neutral Zone; the balance of the bunch are within same, and volatility is light-to-moderate. The FOMC's Policy Statement was fairly as expected: a key Fed metric for which to watch is the 29 September release of August's Core PCE Index. Oil's "Baby Blues"
- [20 September 2023 – 09:12 Central Euro Time](https://demeadville.com/20-september-2023-0912-central-euro-time/) - Oil is trading below 90 (89.65) for the first time this week: it is the only BEGOS Market at present outside of today's Neutral Zone; by Oil's Market Profile, trading supports show at 88.40, then 86.90-86.40; and by Market Rhythms, Oil's 6hr and 1hr Parabolics have of late provided attractive swung consistency on a 10-test
- [19 September 2023 – 09:09 Central Euro Time](https://demeadville.com/19-september-2023-0909-central-euro-time/) - Gold and Copper are at present below today's Neutral Zones; the other BEGOS Markets are within same, and volatility is again light. As highlighted in the current edition of the Gold Update, the yellow metal has confirmed its 12hr MACD crossing from Short to Long such that we're seeking the mid-1970s near-term (current price is
- [18 September 2023 – 09:03 Central Euro Time](https://demeadville.com/18-september-2023-0903-central-euro-time/) - The Swiss Franc, Metals Triumvirate and Oil are at present above their respective Neutral Zones for today; the balance of the BEGOS Markets are within same to start the week, and volatility is light. The Gold Update acknowledges the rather precarious start to the precious metals' parabolic Long trends which (still intact) commenced two weeks
- [15 September 2023 – 08:54 Central Euro Time](https://demeadville.com/15-september-2023-0854-central-euro-time/) - Contrary to this time yesterday, the precious metals are getting a deserved boost with both Gold and Silver at present above today's Neutral Zones, as are both Copper and the Euro; the latter along with the Swiss Franc see their cac volumes rolling today from September into December. Session volatility is again moderate-to-robust, notably for
- [14 September 2023 – 09:15 Central Euro Time](https://demeadville.com/14-september-2023-0915-central-euro-time/) - The precious metals continue to weaken, albeit their relatively fresh weekly parabolic trends remain Long: Silver at present is below today's Neutral Zone; Copper is above same, and volatility is moderate-to-robust, Silver having already traced 104% of its EDTR (see Market Ranges). Much is being made ado about the increase in August's CPI, albeit the
- [13 September 2023 – 09:09 Central Euro Time](https://demeadville.com/13-september-2023-0909-central-euro-time/) - Both Gold and Silver are at present below today's Neutral Zones; the precious metals have been struggling these past two weeks, even as their respective weekly parabolic trends have both flipped from Short to Long, (as detailed in the current edition of The Gold Update). The balance of the BEGOS Markets are with their Neutral
- [12 September 2023 – 09:10 Central Euro Time](https://demeadville.com/12-september-2023-0910-central-euro-time/) - At present, the Euro is the only BEGOS Market outside (below) its Neutral Zone for today; session volatility is mostly light. As tweeted (@deMeadvillePro) last Thursday and reprised in the current edition of The Gold Update, Market Ranges (with the exception of the Spoo) have noticeably narrowed of late, such as to give thought for
- [11 September 2023 – 09:01 Central Euro Time](https://demeadville.com/11-september-2023-0901-central-euro-time/) - The BEGOS Markets begin the week with a "boom": at present, six of the eight components are above their respective Neutral Zones for today; the two exceptions are Oil (within same) and the Bond (below same); volatility even early on is moderate-to-robust. Cac volume for the Spoo is rolling from September into December with 49
- [The Gold Update: No. 721 – (09 September 2023) – “Gold's All-Time High Drive Departs With a Dive”](https://demeadville.com/the-gold-update-no-721-09-september-2023-golds-all-time-high-drive-departs-with-a-dive/) - The Gold Update by Mark Mead Baillie — 721st Edition — Monte-Carlo — 09 September 2023 (published each Saturday) — www.deMeadville.com “Gold’s All-Time High Drive Departs With a Dive“ Quite the inauspicious start for Gold’s fresh parabolic Long trend as otherwise herein detailed a week ago. Indeed then we were all megaphones and pom-poms about Gold now being en route
- [08 September 2023 – 08:59 Central Euro Time](https://demeadville.com/08-september-2023-0859-central-euro-time/) - A slightly weaker Dollar is giving the EuroCurrencies and Precious Metals a bid this morning, with the Euro, Swiss Franc, Gold and Silver all at present above their respective Neutral Zones; Copper is below same, and volatility is light-to-moderate. As tweeted (@deMeadvillePro) last evening, BEGOS Markets' EDTRs (see Market Ranges) have really compressed of late
- [07 September 2023 – 09:05 Central Euro Time](https://demeadville.com/07-september-2023-0905-central-euro-time/) - At present, all eight BEGOS Markets are again within today's respective Neutral Zones, and volatility is, in turn, light. Our "live" P/E of the S&P 500 (in fut's-adj'd real-time) is below 40x (now 39.7x) for the first time since May; 'course historically, this remains an extremely high level, as we've regularly said especially given risk-free
- [06 September 2023 – 09:02 Central Euro Time](https://demeadville.com/06-september-2023-0902-central-euro-time/) - Quiet is the state of the BEGOS Markets at present: all eight components are within today's Neutral Zones, and volatility is light. Gold's drive to an All-Time High has begun with a dive, both the yellow and silver metals well off last week's settles; by Market Profiles, for Gold (currently 1951) we've resistance at 1964
- [05 September 2023 – 10:04 Central Euro Time](https://demeadville.com/05-september-2023-1004-central-euro-time/) - The second of the two-day session finds all eight BEGOS Markets in the red, and all (save for the Euro) at present below their respective Neutral Zones. Combining the two days, session volatility is moderate-to-robust, with both Silver and Copper having traced in excess of 100% of their EDTRs (see Market Ranges), Looking at Market
- [04 September 2023 – 09:00 Central Euro Time](https://demeadville.com/04-september-2023-0900-central-euro-time/) - We start the week with a safe-haven BEGOS Markets' bid: at present both the Swiss Franc and Gold are above their respective Neutral Zones for today; Oil is below same, and volatility is light. The Gold Update points to an All-Time High route given the fresh new weekly parabolic trend and the typical percentage gains
- [The Gold Update: No. 720 – (02 September 2023) – “Gold and Silver Finally Flip!  How High Might Be This Next Up Trip?”](https://demeadville.com/the-gold-update-no-720-02-september-2023-gold-and-silver-finally-flip-how-high-might-be-this-next-up-trip/) - The Gold Update by Mark Mead Baillie — 720th Edition — Monte-Carlo — 02 September 2023 (published each Saturday) — www.deMeadville.com “Gold and Silver Finally Flip! How High Might Be This Next Up Trip?“ Thank goodness, THAT’S over.“ ‘THAT’ being what, mmb? “THAT, Squire, being the Short parabolic trend for both Gold and Silver having finally reached the end! For
- [01 September 2023 – 08:56 Central Euro Time](https://demeadville.com/01-september-2023-0856-central-euro-time/) - September starts with Copper the sole BEGOS Market at present above its Neutral Zone for today; the balance of the bunch are within same, and volatility is light-to-moderate, Copper having thus far traced 69% of its EDTR (see Market Ranges). Oil -- for which we've been seeking near-term the mid-to-low 70s -- has whirled 'round
- [31 August 2023 – 08:37 Central Euro Time](https://demeadville.com/31-august-2023-0837-central-euro-time/) - We close out August with the Fed's favoured inflation gauge: Core PCE for July; expectations are for +0.2% for the month, (however a +0.3% reading as reasoned in the current edition of the Gold Update wouldn't overly surprise us ... but 'twould the markets). Specific to the Spoo, it settled yesterday a full +100 points
- [30 August 2023 – 09:07 Central Euro Time](https://demeadville.com/30-august-2023-0907-central-euro-time/) - The Bond, Silver and Copper are all at present below their respective Neutral Zones for today; none of the other BEGOS Markets are above same, and volatility is again light. Late in yesterday's session, the cac volume for the Bond rolled from September into December, as is the like case today for Silver. The S&P
- [29 August 2023 – 09:06 Central Euro Time](https://demeadville.com/29-august-2023-0906-central-euro-time/) - At present 'tis but the Bond which is outside (above) its Neutral Zone for today; overall BEGOS Markets' volatility is light. We've recently anticipated Oil to drop from 'round the low 80s (currently 79.85) to the 75-72 area given the "Baby Blues" (see Market Trends) commencing what now has become better than an ongoing two-week
- [28 August 2023 – 09:06 Central Euro Time](https://demeadville.com/28-august-2023-0906-central-euro-time/) - A fairly quiet start to the week for the BEGOS Markets; at present, only the Euro is outside (above) its Neutral Zone for today; session volatility is light, save for Copper which already has traced 70% of its EDTR by Market Ranges, (albeit price is back in its Neutral Zone after having traded higher); too,
- [The Gold Update: No. 719 – (26 August 2023) – "Gold Grips a Bit, but Silver Rips!"](https://demeadville.com/the-gold-update-no-719-26-august-2023-gold-grips-a-bit-but-silver-rips/) - The Gold Update by Mark Mead Baillie — 719th Edition — Monte-Carlo — 26 August 2023 (published each Saturday) — www.deMeadville.com“Gold Grips a Bit, but Silver Rips!“ This past week wherein Gold finally garnered a wee bit of grip, ’twas Sweet Sister Silver who showed how to rip! Whereas Gold settled yesterday (Friday) at 1943 for a +1.3% weekly
- [25 August 2023 – 09:02 Central Euro Time](https://demeadville.com/25-august-2023-0902-central-euro-time/) - We've the Euro at present below its Neutral Zone for today, whilst above same is Oil; otherwise, BEGOS Markets' volatility is mostly light. Across the past eight trading days, Silver's low-to-high run is +9.7%. By Market Rhythms on a 10-test swing basis, the Euro's daily MoneyFlow study continues to top the stack, followed by the
- [24 August 2023 – 09:07 Central Euro Time](https://demeadville.com/24-august-2023-0907-central-euro-time/) - 'Tis the metals in play thus far today, Gold at present above its Neutral Zone, whilst Silver and Copper are below same; the balance of the BEGOS Markets are quiet, and volatility is light. Silver has risen better than +6% net these past three days; more on Silver in this Saturday's edition of The Gold
- [23 August 2023 – 09:02 Central Euro Time](https://demeadville.com/23-august-2023-0902-central-euro-time/) - The Bond, Metals Triumvirate and Spoo all are at present above their respective Neutral Zones for today; none of the other BEGOS Markets are below same, and volatility is mostly light, save for Silver which has already traced 60% of its EDTR (see Market Ranges). By Market Rhythms, heading the list of the 24-test swing
- [22 August 2023 – 09:06 Central Euro Time](https://demeadville.com/22-august-2023-0906-central-euro-time/) - The Euro is the only BEGOS Market at present outside (above) its Neutral Zone for today; session volatility is light. As was previewed in The Gold Update, Silver yesterday took off, its +2.5% single-day gain ranking as 10th best year-to-date; and now in real-time, Silver's "Baby Blues" (see Market Trends) have provisionally crossed above their
- [21 August 2023 – 09:18 Central Euro Time](https://demeadville.com/21-august-2023-0918-central-euro-time/) - The Bond starts its week at present below the Neutral Zone, whilst above same is that for Oil; volatility remains light-to moderate per this time of the session. The Gold Update looks to Gold's low for the current weekly parabolic Short trend as either being in place or quite nearby in the 1901-1893 area (price
- [The Gold Update: No. 718 – (19 August 2023) – "Gold’s Bottom-Seeking Descent; BRICS Seeming a Non-Event"](https://demeadville.com/the-gold-update-no-718-19-august-2023-golds-bottom-seeking-descent-brics-seeming-a-non-event/) - The Gold Update by Mark Mead Baillie — 718th Edition — Monte-Carlo — 19 August 2023 (published each Saturday) — www.deMeadville.com“Gold’s Bottom-Seeking Descent; BRICS Seeming a Non-Event“ Gold just completed its 10th down week of the last 15, “spot” settling yesterday (Friday) at 1890 and the far more actively-traded December contract at 1918. Regardless, where is the bottom?Such bottom-seeking
- [18 August 2023 – 09:57 Central Euro Time](https://demeadville.com/18-august-2023-0957-central-euro-time/) - The Bond is at present above today's Neutral Zone; the Swiss Franc is below same, and volatility is again light-to-moderate for the BEGOS Markets. Per our S&P MoneyFlow page, fear has yet to be exhibited during this recent selloff, (which is why the MoneyFlow line is rising relative to the Index itself); in fact near-term,
- [17 August 2023 – 09:15 Central Euro Time](https://demeadville.com/17-august-2023-0915-central-euro-time/) - The Bond is at present below its Neutral Zone for today; both Silver and Copper are above same, and volatility is light-to-moderate. Oil confirmed its "Baby Blues" (see Market Trends) as dropping below their +80% axis; as tweeted (@deMeadvillePro) yesterday, typical downside price follow-through would suggest we see the 74s, 73s, 72s near-term; (note that
- [16 August 2023 – 09:08 Central Euro Time](https://demeadville.com/16-august-2023-0908-central-euro-time/) - Outside at present of their Neutral Zones for today are both the Bond (above) and Oil (below); the balance of the BEGOS Markets are within same, and volatility is again light. At Market Trends, Oil's "Baby Blues" have provisionally dropped below their key +80% axis, which if confirmed by day's end portends still lower price
- [15 August 2023 – 09:14 Central Euro Time](https://demeadville.com/15-august-2023-0914-central-euro-time/) - Following a below-average volume day for the BEGOS Markets, quiet thus far today is again the watchword, (albeit a lot of EconData waits in the wings); at present, the Bond is below its Neutral Zone for today, whilst the Euro is above same; session volatility is light. We continue to mind Oil's "Baby Blues" (see
- [14 August 2023 – 09:03 Central Euro Time](https://demeadville.com/14-august-2023-0903-central-euro-time/) - Copper and Oil commence the week at present below today's Neutral Zones; the balance of BEGOS Markets are within same, and volatility is mostly light. The Gold Update emphasizes that 'tis not just the yellow metal that's been in decline, but -- save for Oil -- all the BEGOS components have been falling as the
- [The Gold Update: No. 717 – (12 August 2023) – “Ain't Just Gold Been Headin' Down...”](https://demeadville.com/the-gold-update-no-717-12-august-2023-aint-just-gold-been-headin-down/) - The Gold Update by Mark Mead Baillie — 717th Edition — Monte-Carlo — 12 August 2023 (published each Saturday) — www.deMeadville.com“Ain’t Just Gold Been Headin’ Down…“ Before we graphically elaborate on this week’s double-entrendre Texas-speak title, let’s be up front as regards a mis-guided inference from a week ago. Therein we wrote with respect to Fitch’s downgrading StateSide credit from AAA
- [11 August 2023 – 09:08 Central Euro Time](https://demeadville.com/11-august-2023-0908-central-euro-time/) - Early on we've all eight BEGOS Markets at present within today's Neutral Zones; volatility is very light. By Market Trends, every component (save for Oil) is now in a decided downtrend, evidence of the Dollar's strength during the past few weeks. Specific to the Spoo as regards our anticipated run down to at least 4455,
- [10 August 2023 – 09:10 Central Euro Time](https://demeadville.com/10-august-2023-0910-central-euro-time/) - The Spoo is the sole BEGOS Market at present outside (above) its respective Neutral Zone for today; however by Market Trends, the Spoo's 21-day LinReg trend has just rotated to negative (as tweeted earlier this morning @deMeadvillePro); we still seek 4454 to trade near-term, (price currently 4508). Session volatility is quite light ahead of retail
- [09 August 2023 – 09:16 Central Euro Time](https://demeadville.com/09-august-2023-0916-central-euro-time/) - Both Copper and the Spoo are at present above their Neutral Zones for today; none of the other BEGOS Markets are below same, and volatility is light, (Copper the sole components having traced in excess of 50% of its EDTR by Market Ranges). At Market Trends, save for Oil, the seven other markets all find
- [08 August 2023 – 09:11 Central Euro Time](https://demeadville.com/08-august-2023-0911-central-euro-time/) - The Bond is at present above its Neutral Zone for today; below same are Copper, Oil and the Spoo; volatility is again light-to-moderate. Whilst the S&P yesterday rose +0.9%, its MoneyFlow was actually negative, (see S&P: sub-menu MoneyFlow); specific to the Spoo (4525), we continue to seek the 4455 level (i.e. the mid-point of the
- [07 August 2023 – 09:04 Central Euro Time](https://demeadville.com/07-august-2023-0904-central-euro-time/) - The Spoo is the sole BEGOS Market at present above its Neutral Zone for today; below same are the Bond, Euro, Swiss Franc and Silver; volatility is light-to-moderate. The Gold Update -- whilst depicting price nearing its "flip-to-Long" level by the weekly bars -- is nonetheless duly cited as being in sync with the other
- [The Gold Update: No. 716 – (05 August 2023) – “Gold is Always AAA; the USA? uhhhhh....”](https://demeadville.com/the-gold-update-no-716-05-august-2023-gold-is-always-aaa-the-usa-uhhhhh/) - The Gold Update by Mark Mead Baillie — 716th Edition — Monte-Carlo — 05 August 2023 (published each Saturday) — www.deMeadville.com“Gold is Always AAA; the USA? uhhhhh….“ We’ll get underway with our title’s “uhhhh….” To which you wily readers weren’t surprised a wit this past Tuesday upon “Forever First Fitch” downgrading the credit rating of the dear ol’ USA from AAA to
- [04 August 2023 – 09:05 Central Euro Time](https://demeadville.com/04-august-2023-0905-central-euro-time/) - Silver is at present below today's Neutral Zone; above same is the Spoo, and volatility is mostly light. By Market Rhythms, on a 10-test swing basis the Euro's daily MoneyFlow study tops our list for consistency, whilst on a 24-test swing basis Copper is ruling the roost with its 30mn MACD, 1hr Parabolics, and 15mn
- [03 August 2023 – 09:25 Central Euro Time](https://demeadville.com/03-august-2023-0925-central-euro-time/) - The Bond, Swiss Franc, Silver, Oil, Spoo are all at present below their Neutral Zones for today; none of the other BEGOS Markets are above same, and volatility is moderate-to-robust, the Bond notably having already traded 112% of its EDTR (see Market Ranges); the latter by Market Values is more than -8 points below its
- [02 August 2023 – 09:19 Central Euro Time](https://demeadville.com/02-august-2023-0919-central-euro-time/) - The Spoo gapped -18 points lower in concert with Fitch downgrading (as they'd been anticipating to do) the StateSide credit rating from AAA to AA+; (this occurred whilst the Spoo was in its usual one-hour closure from 21:00-22:00 GMT); the Spoo at present is below its Neutral Zone for today, as is Copper; the other
- [01 August 2023 – 09:09 Central Euro Time](https://demeadville.com/01-august-2023-0909-central-euro-time/) - Each component of the BEGOS Markets' metals' triumvirate is at present below its respective Neutral Zone for today; the balance of the BEGOS bunch are within same, and volatility is mostly light. In real-time by Market Values, Oil is 8.92 points above its smooth valuation line, whilst the Bond is nearly -5 points below same.
- [31 July 2023 – 09:18 Central Euro Time](https://demeadville.com/31-july-2023-0918-central-euro-time/) - Save for the Euro and Swiss Franc, the balance of the BEGOS Markets are in the red, the Bond and Gold both at present below their respective Neutral Zones for today; volatility is light-to-moderate. The Gold Update emphasizes the +40-point price contango as cac volume rolls from August into December; currently priced at 1993, the
- [The Gold Update: No. 715 – (29 July 2023) – “Gold Behaving; Stocks Still Raving!”](https://demeadville.com/the-gold-update-no-715-29-july-2023-gold-behaving-stocks-still-raving/) - The Gold Update by Mark Mead Baillie — 715th Edition — Monte-Carlo — 29 July 2023 (published each Saturday) — www.deMeadville.com “Gold Behaving; Stocks Still Raving!“ Let’s start with this, courtesy of the “It’s Not About Us Dept.”A week ago we herein thoroughly vetted the state of these Big Three eventualities: Gold’s stop, Fed’s pop, S&P’s flop.Thus in the
- [The Gold Update: No. 711 - (01 July 2023) – Happy Mid-Year Finds Gold Up a Gear](https://demeadville.com/the-gold-update-no-711-01-july-2023-happy-mid-year-finds-gold-up-a-gear/) - The Gold Update by Mark Mead Baillie — 711th Edition — Monte-Carlo — 01 July 2023 (published each Saturday) — www.deMeadville.com“Happy Mid-Year Finds Gold Up a Gear“ “Happy Mid-Year!” indeed with Gold up a gear — specifically +5.3% year-to-date — in having settled out this past week yesterday (Friday) at 1928.That stated, you regular readers well know we purposefully this
- [28 July 2023 – 09:11 Central Euro Time](https://demeadville.com/28-july-2023-0911-central-euro-time/) - Both the Bond and the Swiss Franc are at present below their respective Neutral Zones for today, whilst above same are both Copper and the Spoo; overall BEGOS Markets' volatility is mostly moderate: of note on the heels of yesterday's Yen acceleration, it today has already traced 306% of its "expected daily trading range" (EDTR).
- [27 July 2023 – 09:03 Central Euro Time](https://demeadville.com/27-july-2023-0903-central-euro-time/) - The Bond, Oil and the Spoo are at present all above today's Neutral Zones; none of the other BEGOS Markets are below same, and volatility already is firmly moderate. Gold's cac volume is rolling from August into December: the price premium for the latter is +40 points over spot. The S&P 500 looks to provisionally
- [26 July 2023 – 09:09 Central Euro Time](https://demeadville.com/26-july-2023-0909-central-euro-time/) - Ahead of the Fed, both the Swiss Franc and Gold are at present above their respective Neutral Zones for today; below same are Copper and the Spoo; session volatility as expected is mostly light. 36 days now is the S&P 500 "textbook overbought" at what we deem an "extreme" level given BollBands, RSI and Stos
- [25 July 2023 – 09:10 Central Euro Time](https://demeadville.com/25-july-2023-0910-central-euro-time/) - Our two Euro Currencies plus the metals triumvirate are above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is light-to-moderate, the metals garnering the most amount of ranginess to this point. The S&P 500 yesterday recorded its 35th consecutive day as "textbook overbought", the "live" P/E (futs-adj'd) now 57.7x.
- [24 July 2023 – 09:06 Central Euro Time](https://demeadville.com/24-july-2023-0906-central-euro-time/) - Whilst none of the BEGOS Markets are at present outside of their respective Neutral Zones for today, the overall tilt is negative, save solely for the Euro which is +0.1%; volatility is notably light. The Gold Update anticipates price struggling a wee bit this week as the Fed looks on Wednesday to raise their FundsRate
- [The Gold Update: No. 714 – (22 July 2023) – “Gold’s Push Hits Stop; Fed Preps Rate Pop; S&P Set to Flop”](https://demeadville.com/the-gold-update-no-714-22-july-2023-golds-push-hits-stop-fed-preps-rate-pop-sp-set-to-flop/) - The Gold Update by Mark Mead Baillie — 714th Edition — Monte-Carlo — 22 July 2023 (published each Saturday) — www.deMeadville.com “Gold’s Push Hits Stop; Fed Preps Rate Pop; S&P Set to Flop“ Quite the trifecta in our title: Gold, the S&P and the Fed all well in play for the week ahead.And straightaway we start with Gold — which considering ’tis
- [21 July 2023 – 09:04 Central Euro Time](https://demeadville.com/21-july-2023-0904-central-euro-time/) - Both Copper and Oil are above their respective Neutral Zones for today; none of the other BEGOS Markets are below same, and volatility is mostly light. Whilst the S&P 500 yesterday lost but -0.7%, its MoneyFlow (a favoured leading indicator) was the most negative since 13 September 2022, (following which within 21 days, the Spoo
- [20 July 2023 – 09:37 Central Euro Time](https://demeadville.com/20-july-2023-0937-central-euro-time/) - Copper is the only BEGOS Market at present above its Neutral Zone for today; below same are both the Bond and Spoo, and session volatility is pushing toward moderate. The S&P 500 is frightfully overcooked, its settle yesterday (4566) recording a 32nd straight day as "textbook overbought" (a combination of BollBands, Stos and RSI); indeed
- [19 July 2023 – 09:12 Central Euro Time](https://demeadville.com/19-july-2023-0912-central-euro-time/) - Both the Bond and Spoo are at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is light-to-moderate. The S&P 500 yesterday completed its 31st consecutive trading day as "textbook overbought", and the Spoo by Market Values (in real-time) is +180 points above its smooth valuation line.; the
- [18 July 2023 – 09:13 Central Euro Time](https://demeadville.com/18-july-2023-0913-central-euro-time/) - With the S&P 500 having just completed its 30th consecutive trading day as "textbook overbought", today finds at present the Bond, Euro, Swiss Franc, Gold and Silver all above their Neutral Zones; none are below same, and volatility is light. The five primary BEGOS are now all in positive correlation, typical of what we've seen
- [17 July 2023 – 09:18 Central Euro Time](https://demeadville.com/17-july-2023-0918-central-euro-time/) - 'Tis a mixed start to the week for the BEGOS Markets. At present, the Swiss Franc is above its Neutral Zone for today, whilst below same are Copper and Oil; the latter's cac volume is rolling from August into September. Session volatility is mostly light, save for Copper having already traced 80% of its EDTR
- [The Gold Update: No. 713 – (15 July 2023) – "Gold Garners Glow; Stocks Go Whacko"](https://demeadville.com/the-gold-update-no-713-15-july-2023-gold-garners-glow-stocks-go-whacko/) - The Gold Update by Mark Mead Baillie — 713th Edition — Monte-Carlo — 15 July 2023 (published each Saturday) — www.deMeadville.com “Gold Garners Glow; Stocks Go Whacko“ On the off chance you somehow missed this past Monday’s early morning tweet (@deMeadvillePro) with Gold then wallowing about in the 1920s, here ’tis:“Gold’s ‘Baby Blues’ have confirmed moving above their -80%
- [14 July 2023 – 09:05 Central Euro Time](https://demeadville.com/14-july-2023-0905-central-euro-time/) - 'Tis looking lower early on for the BEGOS Markets: the Bond, Euro, Gold, Silver, Copper and Oil are all below their respective Neutral Zones for today; volatility is again light, (save for the non-BEGOS Yen which already has traced 96% of its EDTR [see Market Ranges for the BEGOS Markets]). The S&P 500 is now
- [13 July 2023 – 09:11 Central Euro Time](https://demeadville.com/13-july-2023-0911-central-euro-time/) - Following an unusual session wherein 7 of the 8 BEGOS Markets (save for Oil) achieved their "high if an up day", thus far today we've (at present) both the Swiss Franc and Silver above their Neutral Zones; none of the other components are below same, and volatility is light. On June's "slowing" inflation news, the
- [12 July 2023 – 09:14 Central Euro Time](https://demeadville.com/12-july-2023-0914-central-euro-time/) - The Bond and Swiss Franc are at present above their respective neutral Zones for today. None of the other BEGOS Markets are below same, and volatility is basically light. Our page for the S&P's MoneyFlow shows as just perceptively weakening a tad even as the Index has risen both days so far this week; and
- [11 July 2023 – 09:13 Central Euro Time](https://demeadville.com/11-july-2023-0913-central-euro-time/) - A firm Tuesday start for the BEGOS Markets, all eight components in the black, and save for Oil and the Spoo, all at present above their respective Neutral Zones for today. At Market Trends, Gold's "Baby Blues" confirmed closing above their -80% axis, suggestive of higher price levels near-term. On a 10-swing test basis our
- [10 July 2023 – 09:16 Central Euro Time](https://demeadville.com/10-july-2023-0916-central-euro-time/) - The BEGOS Markets begin the week on a downbeat with the Swiss Franc, Copper and the Spoo all at present below today's Neutral Zones; none are above same, and volatility is light-to-moderate. The Gold Update suggests the worst for price (1901 futs) within the current weekly parabolic Short trend may have been realized, even as
- [The Gold Update: No. 712 – (08 July 2023) – Gold’s Downtrend Duly Dissed?  Stocks' 10 Crash Catalysts!](https://demeadville.com/the-gold-update-no-712-08-july-2023-golds-downtrend-duly-dissed-stocks-10-crash-catalysts/) - The Gold Update by Mark Mead Baillie — 712th Edition — Monte-Carlo — 08 July 2023 (published each Saturday) — www.deMeadville.com “Gold’s Downtrend Duly Dissed? Stocks’ 10 Crash Catalysts!“ As worried as we are over the wildly overvalued stock market — our 10 crash catalysts itemized herein — let’s start with Gold as ’tis our mold. And from this
- [07 July 2023 – 09:15 Central Euro Time](https://demeadville.com/07-july-2023-0915-central-euro-time/) - Following yesterday's significant leap in ADP's Employment level, the BEGOS Markets are quiet, all eight components at present within their respective Neutral Zones for today, the Econ Baro awaiting Labor's Payrolls data; thus, volatility is light across the board. Even as the S&P 500 recorded another down day, it still remains "textbook overbought"; for the
- [06 July 2023 – 09:18 Central Euro Time](https://demeadville.com/06-july-2023-0918-central-euro-time/) - The Spoo is the only BEGOS Market at present outside (below) its Neutral Zone for today; volatility is again light-to-moderate; of note, whilst not yet a BEGOS component , the yen has already traced 95% of its EDTR (see Market Ranges for the BEGOS Markets). Even as the S&P 500 has showed some mild weakness,
- [05 July 2023 – 09:10 Central Euro Time](https://demeadville.com/05-july-2023-0910-central-euro-time/) - The BEGOS Markets' two-day session continues, volatility now light-to-moderate. The following components are at present below their session's Neutral Zones: the Euro, Swiss Franc, Silver, Copper and the Spoo; Oil is above same. In assessing Market Magnets, prices are essentially in sync with the entire bunch, save for the Spoo being some 58 points "high".
- [04 July 2023 – 09:12 Central Euro Time](https://demeadville.com/04-july-2023-0912-central-euro-time/) - Given the StateSide holiday, today begins a BEGOS Markets' two-day session for Wednesday settlement. At present, Gold is the sole component outside (above) its Neutral Zone for the session; overall, volatility expectedly is light. The S&P 500 pauses with its "live" P/E (futs-adj'd) at 56.1x and Q2 Earnings Season about to commence. By "textbook technicals"
- [03 July 2023 – 09:10 Central Euro Time](https://demeadville.com/03-july-2023-0910-central-euro-time/) - The EuroCurrencies are the BEGOS Markets' weak links to start the week, both the Euro itself and Swiss Franc at present below today's Neutral Zone. The balance of the bunch are within same, and volatility is light-to-moderate. Despite Gold's ongoing weekly parabolic Short trend, price has initially bounced precisely from our downside target (1893 by
- [30 June 2023 – 09:09 Central Euro Time](https://demeadville.com/30-june-2023-0909-central-euro-time/) - At present Copper is the only BEGOS Market outside (above) its Neutral Zone for today; session volatility is light, again save for Copper which has thus far traced 62% of its EDTR (see Market Ranges). Copper's "Baby Blues" (see Market Trends) in breaking the below their +80% level have since seen price drop a full
- [29 June 2023 – 09:07 Central Euro Time](https://demeadville.com/29-june-2023-0907-central-euro-time/) - The Bond, Euro and Swiss Franc all are at present below today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is mostly light, save for the Euro which has already traced in excess of 50% of its EDTR (see Market Ranges). Gold has traded down to 1911 (Aug futs) which
- [28 June 2023 – 09:09 Central Euro Time](https://demeadville.com/28-june-2023-0909-central-euro-time/) - The Euro at present is the sole BEGOS Market outside (below) its Neutral Zone for today; session volatility is light. Along with Copper yesterday, the Spoo also confirmed its "Baby Blues" (see Market Trends) settling below their +80% axis; again this leading indicator reliably points to lower Spoo levels near-term. For the S&P 500 itself,
- [27 June 2023 – 09:03 Central Euro Time](https://demeadville.com/27-june-2023-0903-central-euro-time/) - The Euro, Silver and Copper are at present above today's Neutral Zones, the latter's cac volume having moved from July into September, as shall that for the white metal these next two days. BEGOS Markets volatility is mostly light, save for that of the red metal which already has traced 73% of its EDTR (see
- [26 June 2023 – 10:01 Central Euro Time](https://demeadville.com/26-june-2023-1001-central-euro-time/) - The Bond, Swiss Franc, Gold and Silver are at present above their respective Neutral Zones for today; the balance of the BEGOS Markets are beginning the week within same, and volatility is light-to-moderate. The Gold Update cites price becoming more in sync with its ongoing weekly parabolic Short trend, with a test of the low
- [The Gold Update: No. 710 - (24 June 2023) – Gold Sinks in Sync with its Parabolic Short Trend](https://demeadville.com/the-gold-update-no-710-24-june-2023-gold-sinks-in-sync-with-its-parabolic-short-trend/) - The Gold Update by Mark Mead Baillie — 710th Edition — Monte-Carlo — 24 June 2023 (published each Saturday) — www.deMeadville.com“Gold Sinks in Sync with its Parabolic Short Trend“ Five weeks have passed since Gold flipped its weekly parabolic trend from Long to Short, (effective the week ending 26 May). And yet through these recent weeks, Gold really hasn’t
- [The Gold Update: No.709 (17 June 2023) – Fed Doing Cruise Control; Gold Doing Donuts; S&P Doing Wheelies!](https://demeadville.com/the-gold-update-no-709-17-june-2023-fed-doing-cruise-control-gold-doing-donuts-sp-doing-wheelies/) - The Gold Update by Mark Mead Baillie — 709th Edition — Monte-Carlo — 17 June 2023 (published each Saturday) — www.deMeadville.com “Fed Doing Cruise Control; Gold Doing Donuts; S&P Doing Wheelies!“ The title to this week’s missive pretty much puts it all in perspective. And to the extent this week’s closing bit spooks you from stocks is your own cash
- [23 June 2023 – 09:53 Central Euro Time](https://demeadville.com/23-june-2023-0953-central-euro-time/) - The Bond is at present above its Neutral Zone for today; below same are the Euro, Swiss Franc, Copper, Oil and the Spoo; volatility already is moderate-to-robust, the Euro thus far having traced 145% of its EDTR (see Market Ranges). The Spoo's daily Parabolics have confirmed flipping from Long to Short; the last dozen such
- [22 June 2023 – 09:23 Central Euro Time](https://demeadville.com/22-june-2023-0923-central-euro-time/) - Silver is again (per this time of day) below its Neutral Zone, as is the Spoo; none of the other BEGOS Markets are outside of same, and volatility is light ahead of FedChair Powell's stint in front of the Senate Banking Committee. Even as the S&P finally is coming off exorbitantly high levels, it nonetheless
- [21 June 2023 – 09:12 Central Euro Time](https://demeadville.com/21-june-2023-0912-central-euro-time/) - Only Silver is at present trading below its Neutral Zone for today; the other BEGOS Markets are within same, and volatility is light. Whilst the S&P 500 yesterday slipped a bit (-0.5%), its MoneyFlow equivalent gained a full +1.0%, the differential across our three time frames as noted on the MoneyFlow page. June's strong housing
- [20 June 2023 – 10:07 Central Euro Time](https://demeadville.com/20-june-2023-1007-central-euro-time/) - The two-day session for the BEGOS Markets continues with all eight components in the red, including at present both the Swiss Franc and Silver below today's Neutral Zones; volatility has ramped up to moderate across the board. The S&P 500 (amongst the overvaluation citings herein mentioned of late as well as in The Gold Update)
- [19 June 2023 – 09:10 Central Euro Time](https://demeadville.com/19-june-2023-0910-central-euro-time/) - Silver is the sole BEGOS Market at present outside (below) its Neutral Zone for today; session volatility is expectedly light given StateSide physical bourses being closed. The Gold Update highlights the yellow metal as essentially going nowhere, which given the weekly parabolic trend being Short may deemed as mildly bullish, albeit the low 1900 area
- [16 June 2023 – 09:18 Central Euro Time](https://demeadville.com/16-june-2023-0918-central-euro-time/) - The Bond is at present below its Neutral Zone for today; Copper is above same, and BEGOS Markets' volatility is light, (albeit the Yen [as yet a BEGOS component] has traced in excess of 100% of its EDTR for today). The S&P 500 is now 10 days "textbook overbought", the last three being at an
- [The Gold Update: No.708 (10 June 2023) – Gold Sees Short Squeeze?  S&P's Weak Knees?](https://demeadville.com/the-gold-update-no-708-10-june-2023-gold-sees-short-squeeze-sps-weak-knees/) - The Gold Update by Mark Mead Baillie — 708th Edition — Monte-Carlo — 10 June 2023 (published each Saturday) — www.deMeadville.com “Gold Sees Short Squeeze? S&P’s Weak Knees?“ As you regular readers know, Gold’s weekly parabolic trend confirmed flipping from Long to Short at the close of trading back on 26 May per the August (now front month) contract
- [15 June 2023 – 09:11 Central Euro Time](https://demeadville.com/15-june-2023-0911-central-euro-time/) - We were wrong in anticipating the FOMC would vote to raise their bank's FundsRate another 0.25%, albeit 'tis said more increases are still on table. Thus the Dollar is getting the bid today to the demise of all eight BEGOS Markets, seven of which (save for Oil) already are below their respective Neutral Zones. Session
- [14 June 2023 – 09:14 Central Euro Time](https://demeadville.com/14-june-2023-0914-central-euro-time/) - 'Tis Fed Day, the consensus now overwhelming for a "pause" even as the Fed's favoured inflation gauge (Core PCE as reported 26 May) is double (4% annualized) the desired rate (2%). We'll see if the FOMC vote in unanimity to "pause", or if there is dissent. At present, Copper is the only BEGOS component outside
- [13 June 2023 – 09:42 Central Euro Time](https://demeadville.com/13-june-2023-0942-central-euro-time/) - The Euro, Swiss Franc, Silver and Copper are all at present above their respective Neutral Zones for today; none of the other BEGOS Markets are below same, and volatility is light-to-moderate. Dough continues to flow into the S&P 500 as the FinMedia declares resumption of a "bull market", a Fed "pause" on Wednesday (not by
- [12 June 2023 – 10:09 Central Euro Time](https://demeadville.com/12-june-2023-1009-central-euro-time/) - The week starts with the contract volume for the Spoo rolling from June into September: there is +44 points of fresh premium in the September contract, indicative of sustained higher interest rates; and as reiterated in the current edition of The Gold Update (see therein the Core PCE chart), we expect the FOMC to add
- [09 June 2023 – 09:21 Central Euro Time](https://demeadville.com/09-june-2023-0921-central-euro-time/) - Silver and Copper are at present above their respective Neutral Zones for today; all of the other BEGOS Markets are within same, and volatility remains light. The VIX continues to move lower (13.65); more on that in tomorrow's 708th Edition of The Gold Update. The S&P 500 itself has now been "textbook overbought" for five
- [08 June 2023 – 09:09 Central Euro Time](https://demeadville.com/08-june-2023-0909-central-euro-time/) - Similar to yesterday 'round this time, Silver is the sole BEGOS Market at present outside (this time above) today's Neutral Zone; volatility is light. The $VIX is down into the 13s, where it last was one month prior to 2020's COVID Crash; historically, 12 is one standard deviation below the VIX's lifetime average and generally
- [07 June 2023 – 09:19 Central Euro Time](https://demeadville.com/07-june-2023-0919-central-euro-time/) - Silver is the sole BEGOS Market at present outside (below) its Neutral Zone for today; session volatility is mostly light. The precious metals appear rather stuck even as Gold's weekly parabolic Short trend is into its third week, such broader measure being countered thus far by the nearer-term rise in the "Baby Blues" (see Market
- [06 June 2023 – 10:48 Central Euro Time](https://demeadville.com/06-june-2023-1048-central-euro-time/) - Silver, Copper and Oil are all at present below today's Neutral Zones; none of the other BEGOS Markets are above same, and volatility is mostly moderate. Looking at Market Rhythms (on a 24-swing test basis), the leaders are both Copper's 4-hr. MoneyFlow and 30-min. Price Oscillator, plus the Bond's 4-hr. MACD. The best correlation at
- [05 June 2023 – 09:21 Central Euro Time](https://demeadville.com/05-june-2023-0921-central-euro-time/) - The week starts with most of the BEGOS Markets in the red, notably the Bond, Euro, Swiss Franc, Silver and Copper all at present below their respective Neutral Zones for today; above same is Oil, and volatility is light-to-moderate, the exception being Oil which already has traced 111% of its EDTR (see Market Ranges). The
- [The Gold Update:  No.707 (03 June 2023) – Gold Gets the Grip n' Trip Treatment](https://demeadville.com/the-gold-update-no-707-03-june-2023-gold-gets-the-grip-n-trip-treatment/) - The Gold Update by Mark Mead Baillie — 707th Edition — Monte-Carlo — 03 June 2023 (published each Saturday) — www.deMeadville.com“Gold Gets the Grip n’ Trip Treatment“ Point: One of the long-standing trading tenants of “The Smart Alec Dept.” is to “buy the rumour” and then “sell the news”. We thus present the quintessential example of such grip n’
- [02 June 2023 – 09:18 Central Euro Time](https://demeadville.com/02-june-2023-0918-central-euro-time/) - The Swiss Franc, Copper and Oil are all above today's Neutral Zones; none of the other BEGOS Markets are below same, and volatility is light ahead of May's StateSide Payrolls data; only Copper has thus far traced in excess of 50% of its EDTR (see Market Ranges). Following a Wednesday's "Flow-weaker-than-S&P" session, money has continued
- [01 June 2023 – 09:38 Central Euro Time](https://demeadville.com/01-june-2023-0938-central-euro-time/) - Thus far we've little change in the S&P Futs even as the U.S. House passes the debt default deal, the Spoo at present within its Neutral Zone for today; above same are both Copper and Oil, whilst below same are the Bond, Euro, Gold and Silver; volatility is light-to-moderate. Yesterday was one of the few
- [31 May 2023 – 08:57 Central Euro Time](https://demeadville.com/31-may-2023-0857-central-euro-time/) - Both the Bond and Silver are at present above their respective Neutral Zones for today; below same are the Euro, Swiss Franc and Spoo, and volatility is mostly moderate, Oil being a bit of a laggard with just a 26% tracing of its EDTR (see Market Ranges). @deMeadvillePro tweets Oil's 2-hr. MACD as having been
- [30 May 2023 – 09:15 Central Euro Time](https://demeadville.com/30-may-2023-0915-central-euro-time/) - The BEGOS Markets' two-day session continues, finding Gold (not surprisingly) below its Neutral Zone for today, as are Silver, Copper and the Euro; above same is the Bond, and volatility is moderate-to-robust, the Bond notably having traced 117% of its EDTR (see Market Ranges). Gold's contract rollover from June to August adds 19 points to
- [29 May 2023 – 09:26 Central Euro Time](https://demeadville.com/29-may-2023-0926-central-euro-time/) - The BEGOS Markets are into a two-day trading session (Tuesday settlement) as StateSide 'tis Memorial Day, and on this side of The Pond we've Whit Monday. There is little markets' reaction to the tentative U.S. debt ceiling "deal" which still must pass Congressional muster: Copper is the sole BEGOS Market outside (above) its Neutral Zone
- [The Gold Update: No.706 (27 May 2023) – Gold:  Our Near-Term Downside Target Zone](https://demeadville.com/the-gold-update-no-706-27-may-2023-gold-our-near-term-downside-target-zone/) - The Gold Update by Mark Mead Baillie — 706th Edition — Monte-Carlo — 27 May 2023 (published each Saturday) — www.deMeadville.com“Gold: Our Near-Term Downside Target Zone“ As herein penned just a week ago for Gold: “…the present … Long trend can swiftly end in tears. Either Gold right now resumes adroitly up, or … just a wee drop in
- [26 May 2023 – 09:16 Central Euro Time](https://demeadville.com/26-may-2023-0916-central-euro-time/) - The metals triumvirate are above their Neutral Zones at present; the other BEGOS Markets are within same, and volatility is light-to-moderate. Gold's weekly Parabolics have provisionally flipped from Long to Short: in tomorrow's 706th Edition of The Gold Update we'll look at "how low is low". As noted earlier, the MACD has also provisionally gone
- [25 May 2023 – 09:44 Central Euro Time](https://demeadville.com/25-may-2023-0944-central-euro-time/) - The Euro and Swiss Franc are at present below today's Neutral Zones; the other BEGOS Markets are within same, and volatility is pushing toward moderate. Our "live" (futs-adj'd) P/E for the S&P is 51.7x and the yield is 1.644%; that for the 3-month T-Bill is 5.185%. Looking at Market Rhythms, on a 10-swing test our
- [24 May 2023 – 09:41 Central Euro Time](https://demeadville.com/24-may-2023-0941-central-euro-time/) - Silver and Copper are at present below their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is mostly light, save for Copper which has already traced 64% of its EDTR, (see Market Ranges). Despite yesterday's S&P pullback, the Spoo remains the only BEGOS component in positive linear
- [23 May 2023 – 10:50 Central Euro Time](https://demeadville.com/23-may-2023-1050-central-euro-time/) - The Swiss Franc plus all three components of the metals' triumvirate are at present below today's Neutral Zones; none of the other BEGOS Markets are above same, and volatility is mostly moderate. Gold has traded thus far today to as low as 1956, (the prior week's low being 1954); as previously noted, should 1942 trade
- [22 May 2023 – 09:19 Central Euro Time](https://demeadville.com/22-may-2023-0919-central-euro-time/) - The BEGOS Markets begin the week with weakness in both Copper and Oil, the two components at present below their respective Neutral Zones for today. The Gold Update cites our being wrong about the yellow metal's imminent rise to an All-Time High (i.e. above 2089, which still stands from 07 August 2020); instead, the weekly
- [The Gold Update: No.705 (20 May 2023) – Gold's Nigh High Goes Awry (aka When We're Wrong, We're WRONG!)](https://demeadville.com/the-gold-update-no-705-20-may-2023-golds-nigh-high-goes-awry-aka-when-were-wrong-were-wrong/) - The Gold Update by Mark Mead Baillie — 705th Edition — Monte-Carlo — 20 May 2023 (published each Saturday) — www.deMeadville.com “Gold’s Nigh High Goes Awry (aka When We’re Wrong, We’re WRONG!)“ From “Nigh” to “Awry” indeed, as straightaway we run with this rare reprise: “Boy, Did I Get a Wrong Number!” –[Hope, Sommer, Diller; UA, ’66].Since mid-March, our
- [19 May 2023 – 09:18 Central Euro Time](https://demeadville.com/19-may-2023-0918-central-euro-time/) - Following yesterday's fallout across all of the BEGOS Markets -- except for the Spoo -- we've at present the Swiss Franc, Gold, Silver, Copper and Oil all above their respective Neutral Zones for today; none of the other components are below same, and volatility is pushing toward moderate. At Market Values, the Spoo (in real-time)
- [18 May 2023 – 09:20 Central Euro Time](https://demeadville.com/18-may-2023-0920-central-euro-time/) - Silver is the only BEGOS Market at present outside (below) its Neutral Zone for today; session volatility is again light. The Spoo yesterday worked up through its Market Profile 4135-4138 resistance zone, indeed reaching above our "high if an up day" for the first time since 05 May. However, the lack of growth in Q1
- [17 May 2023 – 09:11 Central Euro Time](https://demeadville.com/17-may-2023-0911-central-euro-time/) - Copper is at present the sole BEGOS Market outside (above) its Neutral Zone for today; otherwise, session volatility is light. Based on the rapid recent rise in the Econ Baro -- plus inflation remaining at large -- we don't see the Fed making the FinMedia anticipated "pause" anytime soon. The precious metals are caught in
- [16 May 2023 – 09:14 Central Euro Time](https://demeadville.com/16-may-2023-0914-central-euro-time/) - The precious metals' recent weakness is continuing this morning, with both Gold and Silver at present below their respective Neutral Zones for today, as is Copper. Above same is the Bond, and volatility is pushing toward moderate. By our Market Trends page, only two of the BEGOS Markets are in positive (albeit weakening) linear regression:
- [15 May 2023 – 09:17 Central Euro Time](https://demeadville.com/15-may-2023-0917-central-euro-time/) - The Euro, Swiss Franc, Copper and the Spoo are at present above their Neutral Zones for today to start the week for the BEGOS Markets; below same is the Bond, and volatility is mostly light. The Gold Update emphasizes Silver's selling last week as being overdone vis-à-vis the slippage in the other metals; indeed this
- [The Gold Update:  No.704 (13 May 2023) – Gold Comes a Bit Undone, but Silver's Selling is Overdone!](https://demeadville.com/the-gold-update-no-704-13-may-2023-gold-comes-a-bit-undone-but-silvers-selling-is-overdone/) - The Gold Update by Mark Mead Baillie — 704th Edition — Monte-Carlo — 13 May 2023 (published each Saturday) — www.deMeadville.com “Gold Comes a Bit Undone, but Silver’s Selling is Overdone!“ A mere four weeks ago we penned our 700th missive entitled “Gold: The Next All-Time High is Nigh”. And as you nauseatingly know from just prior to this
- [12 May 2023 – 09:26 Central Euro Time](https://demeadville.com/12-may-2023-0926-central-euro-time/) - Oil is the BEGOS Markets' weak link this morning, at present below its Neutral Zone for today; the balance of the bunch are within same, and volatility is light-to-moderate. Silver yesterday took its worse high-to-low points shellacking since 09 March 2022, the intraday move being -1.375 points (-5.7%); more in tomorrow's edition of The Gold
- [11 May 2023 – 09:48 Central Euro Time](https://demeadville.com/11-may-2023-0948-central-euro-time/) - The Euro, Swiss Franc, Silver and Copper are all at present below today's Neutral Zones; above same is the Bond, and BEGOS Markets' volatility is already moderate-to-robust, Copper notably having thus far traded 121% of its EDTR (see Market Ranges). At Market Trends, Copper's linear regression appears as the most negative of the components. The
- [10 May 2023 – 11:17 Central Euro Time](https://demeadville.com/10-may-2023-1117-central-euro-time/) - At present we've both Copper and Oil below their respective Neutral Zones for today, whilst above same is the Bond; BEGOS Markets' volatility is yet again mostly light, the sole exception being Copper having traced 85% of its EDTR (see Market Ranges). Yesterday, the S&P 500 itself traded its narrowest points range (14) since the
- [09 May 2023 – 09:17 Central Euro Time](https://demeadville.com/09-may-2023-0917-central-euro-time/) - Copper is the sole BEGOS Market at present outside (below) today's Neutral Zone; otherwise, volatility is again mostly light. Of note for Market Rhythms, leading the pack for consistency (of the 405 studies tested per night) is the Bond's 1hr MACD. We had quite the surprise in seeing the P/E for the S&P 500 leap
- [08 May 2023 – 09:08 Central Euro Time](https://demeadville.com/08-may-2023-0908-central-euro-time/) - The Euro, Swiss Franc, Copper and Oil all are at present above their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is mostly light. The Gold Update graphically highlights the yellow metal's near miss at making an All-Time High this past Thursday, but that price's trend remains
- [The Gold Update: No.703 (06 May 2023) – Gold Nears Record Threshold ... Then Gets Royally Rolled —](https://demeadville.com/the-gold-update-no-703-06-may-2023-gold-nears-record-threshold-then-gets-royally-rolled/) - The Gold Update by Mark Mead Baillie — 703rd Edition — Monte-Carlo — 06 May 2023 (published each Saturday) — www.deMeadville.com “Gold Nears Record Threshold … Then Gets Royally Rolled“ And if you blinked — literally — you missed it. In one of the most bizarre GLOBEX/COMEX session openings we’ve ever witnessed — that for this past Thursday, 04 May —
- [05 May 2023 – 09:20 Central Euro Time](https://demeadville.com/05-may-2023-0920-central-euro-time/) - Both the Euro and Oil are at present above today's Neutral Zones; below same is the Swiss Franc, and BEGOS Markets' volatility is mostly light with April's StateSide Payrolls data in the balance. Gold (2054) has remained fairly docile following yesterday's spike to nearly an All-Time High, (more on that in tomorrow's edition of The
- [04 May 2023 – 09:17 Central Euro Time](https://demeadville.com/04-may-2023-0917-central-euro-time/) - Following the anticipated FOMC's +25bp FedFunds increase, Gold made a significant gain at this session's open up to 2085 on a very high-volume trade, to just 4 points shy of the 2089 All-Time High; however, 'tis all since been hoovered away, price now 2044, within today's Neutral Zone. Above same are Copper and Oil, whilst
- [03 May 2023 – 10:05 Central Euro Time](https://demeadville.com/03-may-2023-1005-central-euro-time/) - New bank struggles boffed the S&P by -1.2% yesterday; however at present, the Spoo is marginally higher, plus the Bond, Euro and Swiss Franc are above their Neutral Zones; below same is Oil, and session volatility is mostly mild ahead of today's FOMC +25bp rate rise (due at 18:00 GMT). Yesterday's S&P MoneyFlow was only
- [02 May 2023 – 09:41 Central Euro Time](https://demeadville.com/02-may-2023-0941-central-euro-time/) - With the StateSide debt ceiling coming to a head, we've the Bond and Spoo at present above their respective Neutral Zones for today; SiIver is below same, and overall BEGOS Markets volatility is again light. As Q1 Earnings Season weakens along, our "live" P/E of the S&P has now moved up to 52.1x. Still, by
- [01 May 2023 – 09:23 Central Euro Time](https://demeadville.com/01-may-2023-0923-central-euro-time/) - The Bond begins the week at present below its Neutral Zone for today, as do Gold, Copper and Oil; the balance of the BEGOS Markets are within same, and volatility is light. The Gold Update displays the yellow metal as the BEGOS Markets' leader year-to-date, followed by the S&P 500 and the Bond. We still
- [The Gold Update: No.702 (29 April 2023) – Gold Our Best Vertex; S&P Train Wrecks](https://demeadville.com/the-gold-update-no-702-29-april-2023-gold-our-best-vertex-sp-train-wrecks/) - The Gold Update by Mark Mead Baillie — 702st Edition — Monte-Carlo — 29 April 2023 (published each Saturday) — www.deMeadville.com “Gold Our Best Vertex; S&P Train Wrecks“ We’ve completed the year’s first trading quadrimestre (a little French lingo there). And just as we saw at March’s month-end, so too through April is Gold again sporting the highest year-to-date percentage BEGOS Markets vertex
- [28 April 2023 – 09:22 Central Euro Time](https://demeadville.com/28-april-2023-0922-central-euro-time/) - Following yesterday's relief rally, the Spoo at present is below its Neutral Zone for today; the balance of the BEGOS Markets are within same, and volatility is pushing toward moderate; (of note, the Yen [not as yet in the BEGOS complex] has traced 212% of its EDTR following the BOJ's steady policy statement). The "live"
- [27 April 2023 – 09:45 Central Euro Time](https://demeadville.com/27-april-2023-0945-central-euro-time/) - Gold and Silver remain resilient even in the face of weakening near-term technicals (as previously cited); both precious metals are at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is mostly light, save for Copper which has already traced 75% of its EDTR (see Market Ranges). Silver's
- [The Gold Update: No.701 (22 April 2023) - A Time to Add to One’s Gold Stack; (for the S&P, Prepare Hard Hat)](https://demeadville.com/the-gold-update-no-701-22-april-2023-a-time-to-add-to-ones-gold-stack-for-the-sp-prepare-hard-hat/) - The Gold Update by Mark Mead Baillie — 701st Edition — Monte-Carlo — 22 April 2023 (published each Saturday) — www.deMeadville.com “A Time to Add to One’s Gold Stack; (for the S&P, Prepare Hard Hat)“ Yes, per last week’s 700th missive, an All-Time High for Gold remains nigh, (i.e. above 2089). Yet en route to said notion of nigh, we also
- [26 April 2023 – 09:20 Central Euro Time](https://demeadville.com/26-april-2023-0920-central-euro-time/) - We've the Euro, Swiss Franc, Copper and Oil all at present above their respective Neutral Zones for today; none of the other BEGOS Markets are below same, and volatility is (for this time of the session) again light-to-moderate. Yesterday, the S&P 500 stemmed a 17-session streak of being "textbook overbought", the Spoo itself reaching below
- [The Gold Update: No.700 (15 April 2023) - Gold: The Next All-Time High is Nigh](https://demeadville.com/the-gold-update-no-700-15-april-2023-gold-the-next-all-time-high-is-nigh/) - The Gold Update by Mark Mead Baillie — 700th Edition — Monte-Carlo — 15 April 2023 (published each Saturday) — www.deMeadville.com“Gold: The Next All-Time High is Nigh“ When we penned the first edition of the Gold Update 699 Saturdays ago on 21 November 2009 — for whom the sole recipient was one JGS (thank you, mate) — the price of
- [25 April 2023 – 09:21 Central Euro Time](https://demeadville.com/25-april-2023-0921-central-euro-time/) - Both the Bond and Gold are at present above today's Neutral Zones; below same are Copper and the Spoo, and BEGOS Markets' volatility is again light-to-moderate. Neither Gold nor Silver have yet to retrench further as we anticipate still they will ahead of the next surge to an All-Time High (above 2089): indeed, Silver's "Baby
- [24 April 2023 – 09:14 Central Euro Time](https://demeadville.com/24-april-2023-0914-central-euro-time/) - The Bond begins the week at present above today's Neutral Zone; Silver, Oil and the Spoo are below same, and BEGOS Markets' volatility is light-to-moderate. The Gold Update anticipates a new All-Time High is nigh, but that some minor downside play out prior to the next leap higher; by Market Values, Gold finally closed its
- [21 April 2023 – 09:20 Central Euro Time](https://demeadville.com/21-april-2023-0920-central-euro-time/) - Except for the Bond and the Spoo, the six other BEGOS Markets are at present below their respective Neutral Zones for today; volatility is light-to-moderate. The S&P 500's MoneyFlow was materially affected yesterday by the fall in shares of TSLA, reminding us of the days when AAPL seemed to be the entirety of the S&P,
- [20 April 2023 – 09:15 Central Euro Time](https://demeadville.com/20-april-2023-0915-central-euro-time/) - Both the Bond and Swiss Franc are at present above today's Neutral Zones; below same is Oil, and session volatility is light. Oil has today traded as low (78.24) as it has since the OPEC+ price gap; too, Oil's "Baby Blues" (see Market Trends) have provisionally slipped below their +80% axis, suggestive of lower price
- [19 April 2023 – 09:14 Central Euro Time](https://demeadville.com/19-april-2023-0914-central-euro-time/) - At present, save for the Euro and Spoo, all the other BEGOS Markets are below their respective Neutral Zones for today; volatility is moderate. We continue to watch Oil (per yesterday's comment) as its technicals weaken toward a gap-fill to the 75.83 level. The Bond, per Market Trends, has seen its linear regression trend return
- [18 April 2023 – 11:08 Central Euro Time](https://demeadville.com/18-april-2023-1108-central-euro-time/) - As we write we've the Euro, Swiss Franc and Gold above their respective Neutral Zones for today, whilst below same is Oil; still, BEGOS Markets' volatility is mostly light, again as noted yesterday per Market Ranges narrowing. Oil's daily technicals are showing early signs of weakening: currently priced at 80.45 (June cac), the gap closure
- [17 April 2023 – 09:10 Central Euro Time](https://demeadville.com/17-april-2023-0910-central-euro-time/) - Gold opens the week at present above its Neutral Zone for today; the balance of the BEGOS Markets are within same, and volatility is mostly light. The 700th Edition of The Gold Update anticipates a new All-Time High (above 2089) is nigh, albeit that price being sufficiently stretched at present that more imminently a peek
- [14 April 2023 – 09:18 Central Euro Time](https://demeadville.com/14-april-2023-0918-central-euro-time/) - The BEGOS Markets are quiet ahead of a barrage of Econ Data with eight metrics due, including April's UofM Sentiment Survey, March's Retail Sales, Ex/Im Prices, IndProd/CapUtil, and February's Business Inventories. Only the Euro is outside (above) its Neutral Zone for today. At Market Values, the Bond is matched with its smooth valuation line, as
- [13 April 2023 – 09:39 Central Euro Time](https://demeadville.com/13-april-2023-0939-central-euro-time/) - We have largely recovered from the aforementioned hardware IT issue such that the website's analytics are basically up to date. At present for the BEGOS Markets, Gold is the sole component outside (above) its Neutral Zone for today; session volatility is light. By Market Trends, the linear regression trends are firmly positive across the board.
- [12 April 2023 – 09:03 Central Euro Time](https://demeadville.com/12-april-2023-0903-central-euro-time/) - Apologies as we've no material comment for today. We are dealing with a material (however resolvable) hardware IT issue. Note therefore, too, that the website's analytics have not been updated through yesterday. We're on the case and look forward to resolution in due course. Many thanks for your ongoing valued interest and patience. ...m...
- [11 April 2023 – 09:19 Central Euro Time](https://demeadville.com/11-april-2023-0919-central-euro-time/) - Money on balance is flowing early on into the BEGOS Markets: The Euro, Swiss Franc, Copper and Oil all are at present above their Neutral Zones for today; none of the other components are below same, and volatility is again light-to-moderate. Whilst by Market Trends all eight components are in positive linear regression, we've "Baby
- [10 April 2023 – 09:19 Central Euro Time](https://demeadville.com/10-april-2023-0919-central-euro-time/) - Following the abbreviated week, (and 'tis still a holiday on this side of the pond), the BEGOS Markets are in full session: the Bond, Gold and Silver are at present below their respective Neutral Zones for today; the balance of the components are within same, and volatility is light-to-moderate. The Gold Update points to price's
- [07 April 2023 – 09:22 Central Euro Time](https://demeadville.com/07-april-2023-0922-central-euro-time/) - We've an abbreviated session today: Only the Bond, Euro, Swiss Franc and Spoo are trading, the former three until 15:15 GMT and the Spoo until 13:15 GMT. This enables these BEGOS Markets components to respond to the StateSide March Payrolls data due at 12:30 GMT. At present, all four of those components are within their
- [06 April 2023 – 09:23 Central Euro Time](https://demeadville.com/06-april-2023-0923-central-euro-time/) - Similar to the case at this time yesterday, Copper is the only BEGOS Markets at present outside (this time above) today's Neutral Zone; and again, session volatility for the BEGOS Markets is notably light. Following Gold's geo-political spike on Tuesday, price has since lacked additional puff; as regular readers know, price spikes tends to sag
- [05 April 2023 – 09:17 Central Euro Time](https://demeadville.com/05-april-2023-0917-central-euro-time/) - Copper is the only BEGOS Markets at present outside (below) its Neutral Zone for today; session volatility is very light with respect to the otherwise increasing Market Ranges. Because Gold's robust move yesterday to as high as 2043 (and again the high thus far today) was geo-politically driven (Finland joining NATO), we're wary of the
- [04 April 2023 – 09:18 Central Euro Time](https://demeadville.com/04-april-2023-0918-central-euro-time/) - Post-OPEC+ Oil has been able to sustain yesterday's gap-up gain; price at present is above today's Neutral Zone, whilst all the other BEGOS Markets are within same; session volatility is light. The Oil price rise is sufficient that by Market Trends, all eight BEGOS components are now in positive linear regression; this is typical of
- [03 April 2023 – 09:16 Central Euro Time](https://demeadville.com/03-april-2023-0916-central-euro-time/) - OPEC+'s significant production cut announcement gapped Oil up at the open by +5.8%, indeed thus far by as much as +7.9%, (presently +5.1% at 79.56). With the exception of both Copper and the Spoo, all of the other BEGOS Markets are below today's Neutral Zones, and volatility is moderate toward turning robust as the session
- [31 March 2023 – 11:53 Central Euro Time](https://demeadville.com/31-march-2023-1153-central-euro-time/) - As Q1 comes to a close, we've the Euro, Swiss Franc and Copper all trading at present below their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is light-to-moderate. By Market Trends, the sole component still in negative regression is Oil even as its rising "Baby Blues"
- [30 March 2023 – 09:19 Central Euro Time](https://demeadville.com/30-march-2023-0919-central-euro-time/) - The BEGOS Markets remain fairly subdued this morning with volatility continuing at a light pace. Still, the S&P's firm up session yesterday has pushed the P/E to a "live" (futs-adj'd) reading of 47.7x; too, the positive stance of the MoneyFlow has again shown its leading qualities for higher S&P levels despite broad expectations for significantly
- [29 March 2023 – 11:07 Central Euro Time](https://demeadville.com/29-march-2023-1107-central-euro-time/) - Gold - the cac volume for which is rolling from April into June - is the sole BEGOS Market at present below its respective Neutral Zone for today; above same is the Spoo, and volatility remains light. The Bond issued two negative signals yesterday: the daily Parabolics flipped from Long to Short (from the June
- [27 March 2023 – 09:20 Central Euro Time](https://demeadville.com/27-march-2023-0920-central-euro-time/) - The Swiss Franc is at present above its Neutral Zone for today, whilst below same are both Gold and Silver; and volatility is mostly light. The Gold Update acknowledges that although Gold is a bit stretched to the upside via our Market Values page, that nonetheless the near-to-medium term remains firmly bullish, and moreover that
- [28 March 2023 – 11:40 Central Euro Time](https://demeadville.com/28-march-2023-1140-central-euro-time/) - Following a fairly inactive day for equities, we 've at present the Euro above its Neutral Zone for today, whilst the Swiss Franc and Silver are below same; volatility is again mostly light. By our Market Ranges page, the Bond has been very expansive late, as has Gold, whereas less so have been Copper and
- [24 March 2023 – 09:19 Central Euro Time](https://demeadville.com/24-march-2023-0919-central-euro-time/) - Both the Bond and Silver are at present above their Neutral Zones for today; below same are both the Euro and Swiss Franc; and session volatility is light-to-moderate. We again stress per our S&P MoneyFlow page that the inFlow is outpacing the actual change in the Index itself, suggestive there still being no "fear" in
- [23 March 2023 – 09:34 Central Euro Time](https://demeadville.com/23-march-2023-0934-central-euro-time/) - The S&P 500, after responding positively to yesterday's anticipated +25bp FedFunds rate increase, was then significantly turned back negatively upon the Treasury's not intending to expand protection for bank depositors. Regardless this morning, the Spoo is trading at present above its Neutral Zone for today, as too are both the Euro and Copper; Silver is
- [22 March 2023 – 09:23 Central Euro Time](https://demeadville.com/22-march-2023-0923-central-euro-time/) - Ahead of the Fed, the BEGOS are expectantly quiet, all eight components at present within today's Neutral Zones; volatility clearly is light. As has much of the FinWorld, we've moved our Fed guesstimate for today from +50bp (which was much the rage pre-banking ills) down to +25bp; for the Fed to do otherwise (no change
- [21 March 2023 – 09:20 Central Euro Time](https://demeadville.com/21-march-2023-0920-central-euro-time/) - Given all the hand-wringing (and legitimately so) over banking illiquidity, 'tis curious to note the S&P 500 is trading 'round where it was upon transiting from February into August, (i.e. it hasn't materially really gone anywhere). And this morning, the Spoo is quiet; amongst the other BEGOS Markets, only Gold and Silver are at present
- [20 March 2023 – 09:21 Central Euro Time](https://demeadville.com/20-march-2023-0921-central-euro-time/) - With UBS acquiring CS we've both the Bond and Gold at present above today's Neutral Zones; below same are Oil and the Spoo, and BEGOS Markets' volatility is moderate-to-robust. The Gold Update supports price within the fresh weekly parabolic Long trend as being en route to a new All-Time High (above 2089) and the mid-2100s
- [17 March 2023 – 09:16 Central Euro Time](https://demeadville.com/17-march-2023-0916-central-euro-time/) - Save for the Bond and Spoo, the other six BEGOS Markets all are at present above their respective Neutral Zones for today; volatility is moderate within the context that Market Ranges are expanding across the board. Despite the concerns over the banking sector, money continues to pour into the S&P 500, our MoneyFlow page for
- [16 March 2023 – 09:29 Central Euro Time](https://demeadville.com/16-march-2023-0929-central-euro-time/) - The Euro and Swiss Franc both are at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is mostly moderate, save for the Swiss Franc which is vibrant with a 129% EDTR tracing (see Market Ranges) as the SNB stands to assist CS. By our S&P MoneyFlow page,
- [15 March 2023 – 09:29 Central Euro Time](https://demeadville.com/15-march-2023-0929-central-euro-time/) - We've the Swiss Franc, Gold and Copper all at present below their respective Neutral Zones for today; none are above same, and volatility is light-to-moderate. At Market Trends, quite recently all in negative linear regression, now positive are those for the Bond, Euro (barely), Swiss Franc and Gold. By Market Profiles, Gold has built in
- [14 March 2023 – 09:26 Central Euro Time](https://demeadville.com/14-march-2023-0926-central-euro-time/) - The S&P 500 avoided mainstream expectations for a "Monday Massacre", the Index finishing lower by an insignificant -0.2%; but 'twas certainly rangy, the Spoo itself trading in excess of 200% of its EDTR (see Market Ranges). This morning, the Bond is the sole BEGOS Market at present above today's Neutral Zone; below same are the
- [13 March 2023 – 09:20 Central Euro Time](https://demeadville.com/13-march-2023-0920-central-euro-time/) - As the Fed rides in on its white horse to scoop up Silicon Valley Bank's depositors, the BEGOS Markets are firmly rallying as the Dollar dives toward a one-month low. The Euro, Swiss Franc, Glod, Silver, Copper and the Spoo are all at present above their respective Neutral Zones for today, whilst only below same
- [10 March 2023 – 09:28 Central Euro Time](https://demeadville.com/10-march-2023-0928-central-euro-time/) - Following yesterday's bank-induced selloff, the Spoo is down further, now below its Neutral Zone for today as are Copper and Oil; above same are the Bond and Swiss Franc, and volatility is already moderate-to-robust; as noted this week, the narrowing of Market Ranges rightly foretold a burst in volatility. At Market Trends, all eight BEGOS
- [09 March 2023 – 09:22 Central Euro Time](https://demeadville.com/09-march-2023-0922-central-euro-time/) - The relatively quiet morning trading continues, at present Copper being the only BEGOS Market outside (below) today's Neutral Zone; volatility is again light. Again we emphasize by our Market Ranges pages just how narrow they've become of late, suggestive of volatility suddenly increasing: a catalyst there may well be the Fed returning to rate increases
- [08 March 2023 – 09:21 Central Euro Time](https://demeadville.com/08-march-2023-0921-central-euro-time/) - Save for the Bond (and the Dollar), the BEGOS Markets sold off rather substantially yesterday as the Fed looks to keep pressure on rate raises; (FedChair Powell's second day of Humphrey-Hawkins Testimony is today). This morning however, all eight BEGOS components are at present within their respective Neutral Zones for today, and volatility is thus
- [07 March 2023 – 09:22 Central Euro Time](https://demeadville.com/07-march-2023-0922-central-euro-time/) - 'Tis again a quiet start for the BEGOS Markets: Only Copper at present is outside (below) its Neutral Zone for today, and volatility remains light. Contract trading volume yesterday across the components was notably low. At Market Trends, the "Baby Blues" for both the Swiss Franc and the Spoo moved above their respective -80% axes,
- [06 March 2023 – 09:12 Central Euro Time](https://demeadville.com/06-march-2023-0912-central-euro-time/) - The Swiss Franc is the sole BEGOS Market at present outside (above) its Neutral Zone for today; session volatility is beginning the week light. The Gold Update makes mention of the Dollar technically to see some near-term weakness; but the overriding point is there being more contract volume being traded for Gold's recent up move
- [03 March 2023 – 09:47 Central Euro Time](https://demeadville.com/03-march-2023-0947-central-euro-time/) - In reversal from this time yesterday, all eight BEGOS Markets are higher, with two (Oil and the Spoo) not at present above their Neutral Zone; volatility is light-to-moderate. Gold is teasing the top of its 1851-1798 support zone. The S&P 500 yesterday unwound its near-term "textbook oversold" condition; our MoneyFlow page for the S&P by
- [02 March 2023 – 09:22 Central Euro Time](https://demeadville.com/02-march-2023-0922-central-euro-time/) - All eight BEGOS Markets are in the red, and six at present (save for Gold and Oil) are below their respective Neutral Zones for today; volatility is moderate. Gold's high thus far this session (1845) is also its most dominantly traded price of the last two weeks, (see Market Profiles); trading supports show as both
- [01 March 2023 – 09:18 Central Euro Time](https://demeadville.com/01-march-2023-0918-central-euro-time/) - The Bond is at present below today's Neutral zone, whilst above same are the Euro, Swiss Franc, Copper and Oil; volatility already is moderate-to-robust as March begins. Gold, which by Market Values is some -50 points below its smooth valuation line, appears to be getting a bit of a grip within its overall 1851-1798 support
- [28 February 2023 – 09:38 Central Euro Time](https://demeadville.com/28-february-2023-0938-central-euro-time/) - Following a rather "failed rally" yesterday for equities (the S&P having been +1.2% intraday only to finish +0.3%) we've the Spoo working lower still; both the Swiss Franc and Gold are at present below their Neutral Zones for today, whilst Oil is above same; session volatility is light-to-moderate. At Market Trends, the "Baby Blues" remain
- [27 February 2023 – 09:18 Central Euro Time](https://demeadville.com/27-february-2023-0918-central-euro-time/) - "Quiet" is the word best describing the beginning of the week for the BEGOS Markets, all eight components at present inside of their respective Neutral Zones for today; volatility is mostly light, Silver being the sole component thus far having traded in excess of 50% of its EDTR (see Market Ranges). The Gold Update (referring
- [24 February 2023 – 09:25 Central Euro Time](https://demeadville.com/24-february-2023-0925-central-euro-time/) - The Swiss Franc and Silver are at present below today's Neutral Zones, whilst Oil is above same; BEGOS Markets' volatility continues light per this time of day. Gold yesterday hit a year-to-date low at 1825 as the weekly parabolic Short trend moves along with its course; again the support zone is 1851-1798; Gold by Market
- [23 February 2023 – 09:15 Central Euro Time](https://demeadville.com/23-february-2023-0915-central-euro-time/) - 'Tis fairly quiet across the BEGOS Markets with only Copper outside (below) its Neutral Zone for today; volatility is again light. At Market Trends, as anticipated the Spoo's linear regression has rotated to negative: thus all eight components are now in descending trends as the Dollar pushes upward into its highs which began the year.
- [22 February 2023 – 09:24 Central Euro Time](https://demeadville.com/22-february-2023-0924-central-euro-time/) - Yesterday's early leaders are today's early losers, both Copper and Oil at present below their respective Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is light. Yesterday's MoneyFlow decline was on par with that for the S&P itself, however there has yet to be substantive "fear" in the selling to
- [20 February 2023 – 09:16 Central Euro Time](https://demeadville.com/20-february-2023-09xx-central-euro-time/) - Given the StateSide holiday we've a two-day session for the BEGOS Markets, beginning the week with Oil at present above its Neutral Zone; the balance of the components are within same, and volatility is mostly light. The Gold Update confirms the weekly parabolic trend as having flipped from Long to Short: therein we anticipate the
- [21 February 2023 – 09:27 Central Euro Time](https://demeadville.com/21-february-2023-0927-central-euro-time/) - The BEGOS Markets' two-day session continues with only Copper and Oil at present above their Neutral Zones; notably below same are the Bond, Gold and Spoo.; overall session volatility incorporating the two days is now moderate-to-robust, Copper having traded 103% of its EDTR (see Market Ranges). At Market Trends, the Spoo's "Baby Blues" are swiftly
- [17 February 2023 – 09:19 Central Euro Time](https://demeadville.com/17-february-2023-0919-central-euro-time/) - All eight BEGOS Markets are in the red, seven of them (save for Oil) at present below their respective neutral zones for today; volatility is moderate. As we glide into a three-day StateSide weekend, the Spoo again looks to confirm what this week has been a whippy Moneyflow signal to Short, possibly targeting the lower
- [16 February 2023 – 09:21 Central Euro Time](https://demeadville.com/16-february-2023-09xx-central-euro-time/) - Both Copper and Oil are at present above their Neutral Zones for today; the rest of the BEGOS Markets are within same, and volatility is light. The S&P 500 (for which the futs-adj'd "live" P/E is 41.0x) is now "textbook overbought" through these past 24 trading days; by Market Values, the Spoo (in real-time) is
- [15 February 2023 – 09:22 Central Euro Time](https://demeadville.com/15-february-2023-0922-central-euro-time/) - We've at present the Euro, Gold, Silver, Copper and Oil all below their respective Neutral Zones for today; none of the other BEGOS Markets are above same, and volatility is moderate-to-robust, Gold notably having traded already traded 105% of its EDTR (see Market Ranges) to as low as 1842. The Spoo is seeing its daily
- [14 February 2023 – 09:28 Central Euro Time](https://demeadville.com/14-february-2023-0928-central-euro-time/) - Only the Bond is at present outside (above) today's Neutral Zone; the other BEGOS Markets are relatively quiet, and volatility is notably light ahead of today's retail inflation report, the headline CPI "expected" to have leapt from negative in December to positive for January. Gold: as anticipated, its weekly parabolic trend has provisionally flipped from
- [13 February 2023 – 09:28 Central Euro Time](https://demeadville.com/13-february-2023-0928-central-euro-time/) - Oil is the sole BEGOS Market at present outside (below) its Neutral Zone for today; session volatility is light. The Gold Update anticipates lower levels for the yellow metal (a support zone being 1851-1798) especially should the weekly parabolic Long trend flip to Short this week, (the trigger there being 1862 and the low thus
- [10 February 2023 – 09:24 Central Euro Time](https://demeadville.com/10-february-2023-0924-central-euro-time/) - Gold and Silver are the only BEGOS Markets at present outside (above) today's Neutral Zones; session volatility is moderate. The Spoo is having preliminary negative crossings on both its daily MACD and daily Moneyflow, which if confirmed at close to are suggestive of lower levels into next week. Too, the Spoo's "Baby Blues" (see Market
- [09 February 2023 – 09:22 Central Euro Time](https://demeadville.com/09-february-2023-0922-central-euro-time/) - Both Copper and the Spoo are at present above their respective Neutral Zones for today; none of the other BEGOS Markets are below same, and volatility is pushing toward moderate. By Market Values (real-time readings), both Gold and Oil are fairly in line with their smooth valuation levels; the Bond shows as 2.6 points "low",
- [08 February 2023 – 09:19 Central Euro Time](https://demeadville.com/08-february-2023-0919-central-euro-time/) - FedChairPowell's address yesterday put the S&P into a highly whipsaw mode, albeit the Spoo at present early on is "unch"; the three elements of the Metals Triumvirate are above their Neutral Zones for today; none of the other BEGOS Markets are below same, and session volatility is light-to-moderate. Yesterday completed the S&P 500's 18th consecutive
- [07 February 2023 – 08:56 Central Euro Time](https://demeadville.com/07-february-2023-0856-central-euro-time/) - 'Tis all quiet for the BEGOS Markets upon this marginally earlier post: all eight components are at present within their respective Neutral Zones for today, and volatility is light. Still, the S&P 500 recorded its 17th consecutive trading day as "textbook overbought" with a "live" P/E (futs-adj'd) of 40.1x as Q4 Earnings Season rolls along:
- [06 February 2023 – 09:18 Central Euro Time](https://demeadville.com/06-february-2023-0918-central-euro-time/) - The week begins with both Gold and Copper at present above their Neutral Zones for today, whilst the Bond and Spoo are flirting below same; BEGOS Markets' volatility is mostly light. The Gold Update confirms the foreseen near-term fall for the yellow metal with an eye to the 1800s being supportive; acknowledged too with Gold's
- [03 February 2023 – 09:26 Central Euro Time](https://demeadville.com/03-february-2023-0926-central-euro-time/) - StateSide 'tis Payrolls day for January. Save for the Euro which is at present below its Neutral Zone for today, the other BEGOS Markets all are within same, and volatility is light. The S&P 500 now stands as 15 days "textbook overbought" and the futs-adj'd "live" P/E is 41.2x. The MoneyFlow for the S&P has
- [02 February 2023 – 09:20 Central Euro Time](https://demeadville.com/02-february-2023-0920-central-euro-time/) - Following the anticipated +0.25% FOMC interest rate raise, the BEGOS Markets are relatively quiet with only Copper at present outside (below) its Neutral Zone for today. Session volatility is mostly light. Gold (rather than running out of puff as we've recently suggested) has traded thus far today as high as 1975, a price not seen
- [01 February 2023 – 09:26 Central Euro Time](https://demeadville.com/01-february-2023-0926-central-euro-time/) - Copper is trading at present below its Neutral Zone for today; the balance of the BEGOS Markets are within same, and volatility is light ahead of the FOMC's Policy Statement (19:00 GMT). By Market Values, the Bond, Euro and Oil are in sync with their smooth valuation lines, Gold shows as 62 points "high" and
- [31 January 2023 – 09:22 Central Euro Time](https://demeadville.com/31-january-2023-0922-central-euro-time/) - The Euro and all the components of the metals triumvirate are at present below their Neutral Zones for today; none of the other BEGOS Markets are above same, and volatility is light-to-moderate. The S&P 500, even having dropped -1.3% yesterday, remains "textbook overbought" now through the past 12 trading days; and by the MoneyFlow page,
- [30 January 2023 – 10:17 Central Euro Time](https://demeadville.com/30-january-2023-1017-central-euro-time/) - The Bond, Copper and the Spoo all are at present below their Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is moderate. The Gold Update suggests price may run out of puff near-term; too, trading volume rolled from the February contract into that for April, with +16 points
- [27 January 2023 – 09:23 Central Euro Time](https://demeadville.com/27-january-2023-0923-central-euro-time/) - We were a bit surprised to see the first read on Q4 GDP come in as well as it did at +2.9%, albeit a slower pace than that finalized for Q3's +3.2%; the Econ Baro's decidedly negative tilt suggested the number would be notably weaker; we'll see how the two revisions play out. At present,
- [26 January 2023 – 09:26 Central Euro Time](https://demeadville.com/26-january-2023-0926-central-euro-time/) - The Spoo is the sole BEGOS Market at present above its Neutral Zone for today, all the other components are within same, and volatility is again mostly light. Today brings the first read of Q4's GDP: the consensus expects a lower read than for Q3's +3.2%, and the Econ Baro not only agrees, but suggests
- [25 January 2023 – 09:15 Central Euro Time](https://demeadville.com/25-january-2023-0915-central-euro-time/) - Both Gold and the Spoo are at present below today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is mostly light. At Market Values, Oil is curling down towards its smooth valuation line; too, Oil's 12-hr. MACD (its best Market Rhythm at present) is crossing to negative. By Market Trends,
- [24 January 2023 – 09:27 Central Euro Time](https://demeadville.com/24-january-2023-0927-central-euro-time/) - Gold is the sole BEGOS Market at present not inside, (indeed above), its Neutral Zone for today; session volatility is light. As much as we champion Gold's rise (from 1618 on 03 November to its present 1941 level), we remain wary of price's deviation above its smooth valuation line (see Market Values) which in real-time
- [23 January 2023 – 09:20 Central Euro Time](https://demeadville.com/23-january-2023-0920-central-euro-time/) - The week begins with Gold the only weak link, price at present below its Neutral Zone for today; all of the other BEGOS Markets are within same, and volatility is light-to-moderate. The Gold Update points to price having been steady as the Econ Baro has suffered a plunge, and reiterates the 1800s having morphed (we
- [20 January 2023 – 09:24 Central Euro Time](https://demeadville.com/20-january-2023-0924-central-euro-time/) - The Euro and Silver are at present above their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is light. The S&P 500's monetary outflow specific to the past two negative days has been sufficiently without thrust that per the MoneyFlow page's weekly read such that the differential
- [19 January 2023 – 09:22 Central Euro Time](https://demeadville.com/19-january-2023-0922-central-euro-time/) - Yesterday the Econ Baro tied for its worst single-day drop in its 25-year history, the data marked (at least for the present) by deflationary shrinkage. Today at the moment, we've both the Bond and Gold above their Neutral Zones, whilst below same is Copper; volatility is mostly light. One wonders if (similar to last year
- [18 January 2023 – 09:18 Central Euro Time](https://demeadville.com/18-january-2023-0918-central-euro-time/) - Although not yet an official BEGOS Markets' component, the Yen is taking a fairly severe hit this morning, the BOJ standing pat on it yield curve. Otherwise at present, the Bond, Euro, Swiss Franc, Silver and Copper all are above their respective Neutral Zones for today; volatility is firmly moderate. By Market Trends, all 8
- [17 January 2023 – 09:28 Central Euro Time](https://demeadville.com/17-january-2023-0928-central-euro-time/) - The two-day session continues, now finding the Swiss Franc as the sole BEGOS Market at present above its Neutral Zone; below same are the Bond, Gold, Silver, Copper and Oil; volatility has expectedly broadened to moderate-to-robust. Gold has traded to as high as 1932; now at 1914, by Market Values price is 109 points above
- [16 January 2023 – 09:19 Central Euro Time](https://demeadville.com/16-january-2023-0919-central-euro-time/) - StateSide physical bourses are closed for the holiday; the BEGOS Markets are up and running via GLOBEX in this two-day session for Tuesday settlement, (with the usual trading halt late in the Monday stint). At present, the Euro, Oil, Copper and Gold all are trading below their Neutral Zones; none of the other components are
- [13 January 2023 – 09:22 Central Euro Time](https://demeadville.com/13-january-2023-0922-central-euro-time/) - Following yesterday's vibrant post-CPI (-0.1%) trading, only Gold is at present outside (above) its Neutral Zone for today, and volatility is mostly light. By Market Trends, Oil (in real-time) sees its linear regression having (barely) rotated to negative; that for the Bond remains negative, however that for the Spoo has rotated to positive, (short-lived, we
- [12 January 2023 – 09:25 Central Euro Time](https://demeadville.com/12-january-2023-0925-central-euro-time/) - At present the Bond, Gold and Silver are above their Neutral Zones for today; Copper is below same, and BEGOS Markets' volatility is again light-to-moderate. Across the six prior trading days, Copper has increased nearly 13%, 'tis said as China further opens. The "live" (futs-adj'd) P/E of the S&P is now 38.8x; our MoneyFlow page
- [11 January 2023 – 09:23 Central Euro Time](https://demeadville.com/11-january-2023-0923-central-euro-time/) - The Bond and the BEGOS Markets' Metals Triumvirate are at present above their Neutral Zones for today; none of the other components are below same, and volatility is light-to-moderate. At Market Trends, Oil (as it appeared to be doing a couple of weeks back) sees its linear regression rotating toward negative: whether that confirms this
- [10 January 2023 – 09:18 Central Euro Time](https://demeadville.com/10-january-2023-0918-central-euro-time/) - Both Silver and Oil are at present below their Neutral Zones for today; none of the other BEGOS Markets are above same, and volatility is notably light. For the Spoo, we view yesterday as a failed rally, price being +60 points intraday only to finish "unch"; by Market Trends, that for the Spoo continues to
- [09 January 2023 – 09:24 Central Euro Time](https://demeadville.com/09-january-2023-0924-central-euro-time/) - Starting the week at present above their respective Neutral Zones for today are the Euro, Swiss Franc, Gold, Copper and Oil; the Bond is the only BEGOS Market below same, and volatility is moderate. The Gold Update highlights the yellow metal's bullish bent to begin the year. The S&P 500 after having been "textbook oversold"
- [06 January 2023 – 09:23 Central Euro Time](https://demeadville.com/06-january-2023-0923-central-euro-time/) - Gold and Silver are the two BEGOS Markets at present above today's Neutral Zones; the balance of the bunch are within same, and volatility is again light-to-moderate. The leading aspect of the S&P's MoneyFlow remains weak across all three of our timeframes, the weekly read suggesting 72 points lower, the monthly 235 points lower and
- [05 January 2023 – 09:22 Central Euro Time](https://demeadville.com/05-january-2023-0922-central-euro-time/) - The Bond, Gold and Silver all are trading at present below their respective Neutral Zones for today; the balance of the BEGOS Markets are within same and volatility is light-to-moderate. Even as Oil had fallen some 9 points to being the year, by Market Trends the linear regression remains positive, its "Baby Blues" of consistency
- [04 January 2023 – 09:22 Central Euro Time](https://demeadville.com/04-january-2023-0922-central-euro-time/) - Six of the eight BEGOS Markets are at present above their respective Neutral Zones for today; only the Spoo is inside of same, and Oil is below same; volatility is again moderate-to-robust. By Market Trends, the Bond, Copper and the Spoo remain in negative linear regression. Gold is having a firm start to 2023; 'tis
- [03 January 2023 – 09:50 Central Euro Time](https://demeadville.com/03-january-2023-0950-central-euro-time/) - The Spoo has spurted higher to start the year and is above its Neutral Zone for today as are the Bond, Gold and Silver; the Euro and Swiss Franc are below same, and volatility already is moderate-to-robust with the Euro, Swiss Franc, Gold and Copper having thus far exceeded 100% of their EDTRs for today
- [ 02 January 2023 – 09:27 Central Euro Time](https://demeadville.com/02-january-2023-0927-central-euro-time/) - As was the case a week ago, the BEGOS Markets take their New Year holiday today, with trading commencing 2023 tonight at 23:00 GMT. The Gold Update cites Gold's perfectly unchanged year from 1830 to 1830 with quite symmetrical deviations of some 200 points en route up to the high and down to the low.
- [30 December 2022 – 09:26 Central Euro Time](https://demeadville.com/30-december-2022-0926-central-euro-time/) - All eight BEGOS Markets begin the final trading day of the year at present within today's Neutral Zones; volatility is mostly light. Yesterday's +1.7% rally in the S&P 500 was not sufficient to unwind the "textbook oversold" trading status, now nine days in duration; regardless, the "live" P/E (futs-adj'd) of the S&P is 37.0x, and
- [29 December 2022 – 09:21 Central Euro Time](https://demeadville.com/29-december-2022-0921-central-euro-time/) - The Bond and Swiss Franc are at present above today's Neutral Zones; Oil is below same, and volatility is again light. At Market Trends, the Spoo's "Baby Blues" continue to work lower as the linear regression downtrend becomes more consistent, albeit the S&P 500 itself has recorded its eighth consecutive day as "textbook oversold"; the
- [28 December 2022 – 09:31 Central Euro Time](https://demeadville.com/28-december-2022-0931-central-euro-time/) - Both Gold and Oil are trading below today's Neutral Zones; the other BEGOS Markets are at present within same, and volatility is light. At the MoneyFlow page, the differential on the quarterly measure is now -664 points, a leading impetus toward lower S&P levels; still, the S&P 500 just recorded its seventh consecutive session as
- [27 December 2022 – 09:24 Central Euro Time](https://demeadville.com/27-december-2022-0924-central-euro-time/) - The BEGOS Markets begin the week on a positive note, the Euro, Gold, Silver Copper and the Spoo at present above their respective Neutral Zones for today; none are below same, and volatility is light-to-moderate. The Bond by Market Trends appears within a day or so of seeing its linear regression trend rotate from positive
- [26 December 2022 – 09:48 Central Euro Time](https://demeadville.com/26-december-2022-0948-central-euro-time/) - Briefly as the BEGOS Markets are closed until they commence their new week tonight at 23:00 GMT, we point to our MoneyFlow page for the S&P 500 wherein by the quarterly measure the Flow is -605 points below the Index itself. As this is a leading indicator, we sense it does not bode well for
- [23 December 2022 – 09:23 Central Euro Time](https://demeadville.com/23-december-2022-0923-central-euro-time/) - The members of the BEGOS Markets' metals triumvirate are all at present above today's Neutral Zones; none of the other components are below same, and volatility is still for this time of the session mostly light. Yesterday in pointing to the Spoo's swiftly falling "Baby Blues" (see Market trends), the high-to-low range was -131 points;
- [22 December 2022 – 09:12 Central Euro Time](https://demeadville.com/22-december-2022-0912-central-euro-time/) - Both the Bond and Euro are at present above their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility again is mostly light. The Spoo's "Baby Blues" (see Market Trends) are swiftly falling, the negative linear regression trend becoming more consistently so; consistency is notably unraveling for the
- [21 December 2022 – 09:21 Central Euro Time](https://demeadville.com/21-december-2022-0921-central-euro-time/) - Both Gold and Silver are at present below their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is mostly light. By Market Values, the Bond's "Baby Blues" confirmed dropping below their key +80% axis, suggestive of still lower levels near-term; at a glance however, the Bond looks
- [20 December 2022 – 09:47 Central Euro Time](https://demeadville.com/20-december-2022-0947-central-euro-time/) - Whilst not an officially BEGOS Market, the Yen is on the move, +3.4% as the Bank of Japan doubles the width of its 10-year Bond's trading band, the Dollar Index in turn at present -0.6%. Gold and Silver both are above their respective Neutral Zones for today; below same are the Bond, Oil and Spoo;
- [ 19 December 2022 – 10:12 Central Euro Time](https://demeadville.com/19-december-2022-1012-central-euro-time/) - The busy StateSide Econ Data week begins with the Euro, Swiss Franc, Gold, Silver, Copper and Spoo all at present above their respective Neutral Zones for today; only the Bond is below same (Oil is quiet), and volatility is light-to-moderate. The Gold Update again lays out a case for 1900 (current price 1806) as the
- [16 December 2022 – 09:19 Central Euro Time](https://demeadville.com/16-december-2022-0919-central-euro-time/) - The Econ Baro recorded a fairly negative day yesterday on a bevy of weakening metrics (as we'll outline in tomorrow's edition of The Gold Update). In turn this jolted most of the BEGOS Markets in the face of rates (per the Fed) to extend to an even higher levels than initially sought when this increase
- [15 December 2022 – 10:05 Central Euro Time](https://demeadville.com/15-december-2022-1005-central-euro-time/) - Down is the watchword into a busy Econ Data Thursday: save for the Bond and Oil which are just marginally down, the balance of the other six BEGOS Markets are all trading below today's Neutral Zones; volatility is already moderate-to-robust; Gold which is -1.7% and Silver which is -3.5% have thus far respectively traced 152%
- [14 December 2022 – 10:47 Central Euro Time](https://demeadville.com/14-december-2022-1047-central-euro-time/) - Ahead of the FOMC's final Policy Statement and Powell Presser for 2022 -- and following yesterday's rampant volatility -- all eight BEGOS Markets are at present priced within their respective Neutral Zones for today; volatility is again light (but doubtless shan't so stay come the Fed at 19:00 GMT). Yesterday's Spoo closed -126 points (at
- [13 December 2022 – 09:28 Central Euro Time](https://demeadville.com/13-december-2022-0928-central-euro-time/) - Both Gold and Copper are at present trading above their respective Neutral Zones for today; the other BEGOS Markets are within same, and volatility is light. Yesterday's S&P gain was sufficient to maintain a positive linear regression trend for the Spoo by Market Trends; thus Oil continues to be the only component whose such trend
- [ 12 December 2022 – 09:11 Central Euro Time](https://demeadville.com/12-december-2022-09xx-central-euro-time/) - The Bond begins the BEGOS Markets' week as the sole component trading at present above its Neutral Zone for today; below same is Gold, and volatility is mostly light. The Gold Update points to price whilst still in a near-term rise as losing upside consistency: mind the "Baby Blues" at Market Trends; Gold's weekly parabolic
- [09 December 2022 – 09:26 Central Euro Time](https://demeadville.com/09-december-2022-0926-central-euro-time/) - The Swiss Franc, Copper and the Spoo are trading at present above today's Neutral Zones; the balance of the BEGOS Markets are within same, and volatility again is light as our Market Ranges continue to narrow. The Spoo's cac volume is rolling from December into March, the latter's premium being +31 points (one of the
- [08 December 2022 – 09:18 Central Euro Time](https://demeadville.com/08-december-2022-0918-central-euro-time/) - All eight BEGOS Markets are at present within their respective Neutral Zones for today, and volatility is light. By our Market Values page for the five primary components (in real-time): the Bond is nearly +8 points "high" above its smooth valuation line, the Euro +0.03 points "high", Gold nearly +77 points "high", Oil nearly -16
- [07 December 2022 – 09:19 Central Euro Time](https://demeadville.com/07-december-2022-09xx-central-euro-time/) - Copper is the sole BEGOS Market at present trading outside (below) its Neutral Zone for today; session volatility is mostly light. Oil's (74.25) two Long signals have exceptionally failed, the "Baby Blues" at Market Trends running out of puff as price retests recent lows, and the daily Parabolics having confirmed flipping back to Short; (as
- [ 06 December 2022 – 08:59 Central Euro Time](https://demeadville.com/06-december-2022-0859-central-euro-time/) - As ‘round this time yesterday, all eight BEGOS Markets again are at present within today’s Neutral Zones; volatility is light. Oil made a lurch higher yesterday however has since fallen back to now to 77.71: still by Market Trends, Oil’s “Baby Blues” continue a fresh climb (meaning the downtrend is becoming less consistent) and the
- [05 December 2022 – 09:22 Central Euro Time](https://demeadville.com/05-december-2022-0922-central-euro-time/) - All eight BEGOS Markets at present are within their respective Neutral Zones in beginning the week; volatility is light-to-moderate. Oil's "Baby Blues" (see Market Trends) confirmed curling up above their -80% axis, indicative of higher price levels near term: currently 80.08, a run into the 84s appears reasonable; too, Oil's daily Parabolics flipped to Long
- [ 02 December 2022 – 08:38 Central Euro Time](https://demeadville.com/02-december-2022-0838-central-euro-time/) - Early on as the Econ Baro awaits StateSide Payrolls data for November, we’ve not surprisingly all eight BEGOS Markets at present within their respective Neutral Zones for today; volatility thus is light. There is the sense for the S&P 500 that a complacency to accept the risk of the extremely overvalued Index has returned, albeit
- [01 December 2022 – 09:24 Central Euro Time](https://demeadville.com/01-december-2022-09xx-central-euro-time/) - Following yesterday's FedSpeak-driven rallies, the BEGOS Markets begin December with moderate volatility early on; the Swiss Franc and Gold are at present above today's Neutral Zones whilst Copper is below same. The "live" P/E of the S&P is (a futs-adj'd) 39.3x , an unconscionably high level given the positive interest rate environment: the return from
- [30 November 2022 – 09:16 Central Euro Time](https://demeadville.com/30-november-2022-0916-central-euro-time/) - Gold is the only BEGOS Market at present trading outside (above) its Neutral Zone for today; session volatility is notably light. By the S&P MoneyFlow page, the Index per the quarterly measure shows as 511 points above the flow, indicative of materially lower price levels; too by Market Values, the Spoo (in real-time) reads as
- [29 November 2022 – 09:28 Central Euro Time](https://demeadville.com/29-november-2022-0928-central-euro-time/) - 'Tis an up session thus far across all eight BEGOS Markets, with Gold, Silver, Copper, Oil and the Spoo all at present above their respective Neutral Zones for today; volatility is already firmly moderate. Looking at Markets Rhythms, the most consistent on a swing basis (10-test module) are the Swiss Franc's 30-minute Price Oscillator and
- [28 November 2022 – 09:10 Central Euro Time](https://demeadville.com/28-november-2022-0910-central-euro-time/) - The week begins with the Bond at present above its Neutral Zone; below same are Silver, Copper, Oil and the Spoo; BEGOS Markets’ volatility is light-to-moderate. The Gold Update cites price resiliency even as the most recent Econ Baro metrics have indicated some improvement and interest rates are couched to keep rising regardless of pace.
- [24 November 2022 – 09:22 Central Euro Time](https://demeadville.com/24-november-2022-0922-central-euro-time/) - StateSide 'tis Thanksgiving: thus we've a two-day "Friday" session underway for the BEGOS Markets with a five-hour trading halt today (Thursday) at 18:00 GMT and an abbreviated trading session on Friday itself with all components closed by 18:45 GMT. Not surprisingly, all the products are at present within their respective Neutral Zones. By Market Trends,
- [25 November 2022 – 11:20 Central Euro Time](https://demeadville.com/25-november-2022-1120-central-euro-time/) - The two-day session continues with both the Swiss Franc and Silver at present below their Neutral Zones; the balance of the BEGOS Markets are within same, and volatility is moderate at this point for the combined session. Going ‘round the horn (in real-time) for the primary components’ Market Values: the Bond is nearly 4 points
- [23 November 2022 – 09:24 Central Euro Time](https://demeadville.com/23-november-2022-0924-central-euro-time/) - The Euro is the sole BEGOS Market trading at present outside (above) its Neutral Zone for today; volatility is again mostly light on this StateSide "get away" Wednesday. At Market Trends, Oil's "Baby Blues" continue to accelerate lower, even as price (81.54) is well off Monday's low (75.08); too, we're noting the Blues' negative rollovers
- [22 November 2022 – 09:28 Central Euro Time](https://demeadville.com/22-november-2022-0928-central-euro-time/) - Gold, Silver and Oil are at present above their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is mostly light. Following Silver's daily Parabolics having flipped to Long effective Friday, the white metal's "Baby Blues" yesterday confirmed dropping below their key +80% axis (see Market Trends) suggestive
- [21 November 2022 – 09:55 Central Euro Time](https://demeadville.com/21-november-2022-0955-central-euro-time/) - The BEGOS Markets begin a somewhat abbreviated trading week (StateSide Thanksgiving) with all but the Bond to the downside; volatility is light-to-moderate. The Gold Update acknowledges both the parabolic weekly trend and linear regression trends as Long, however with some near-term weakness more immediately. Q3 Earnings Season has concluded: for 455 S&P 500 constituents having
- [18 November 2022 – 09:11 Central Euro Time](https://demeadville.com/18-november-2022-0911-central-euro-time/) - Silver is the sole BEGOS Market trading at present above its Neutral Zone for today; 'tis a bit ironic as Silver's daily Parabolics flipped to Short effective today's open: in last night's data run, that Market Rhythm (of the 405 tested) is the most consistent by follow-through; moreover by Market Trends, Silver along with the
- [17 November 2022 – 09:17 Central Euro Time](https://demeadville.com/17-november-2022-09xx-central-euro-time/) - At present, all eight BEGOS Markets are priced within their respective Neutral Zones for today; volatility is light-to-moderate. Gold's 6-hour Parabolics confirmed a flip to Short at the open: this study qualifies to make the current list on our Market Rhythms page; (8 of the past 10 signals have followed-through to at least $2,100/cac). Most
- [16 November 2022 – 09:19 Central Euro Time](https://demeadville.com/16-november-2022-0919-central-euro-time/) - The Euro is the sole BEGOS Market at present outside (above) its Neutral Zone for today; the other components are within same, and volatility is mostly moderate. By Market Trends, all eight products continue to sport positive linear regressions per the past 21 trading days (one month). The "live" (futs-adj'd) P/E of the S&P is
- [15 November 2022 – 17:25 Central Euro Time](https://demeadville.com/15-november-2022-1725-central-euro-time/) - A late post today as our host was in a "States overnight" server move. October’s wholesale inflation has come in at the same pace at ‘twas for September at a revised +0.2%; too, the NY State Empire Index for November comes in at a positive reading for the first time since July. As such, we’ve
- [14 November 2022 – 11:00 Central Euro Time](https://demeadville.com/14-november-2022-1100-central-euro-time/) - Lower is the watchword for the BEGOS Markets, all eight at present in negative territory to begin the week, the Dollar in turn getting the bid. The Gold Update cites the key weekly parabolic trend as having flipped to Long with 1800s structural resistance in the balance, albeit by historical follow-through, price could make a
- [11 November 2022 – 09:19 Central Euro Time](https://demeadville.com/11-november-2022-0919-central-euro-time/) - Yesterday’s net points gain (+208) in the S&P 500 was its third largest in history, and by percentage net gain (+5.5%) its 15th largest. At present today, both Copper and Oil are trading above their respective Neutral Zones whilst the Bond is below same; BEGOS Markets volatility however already is moderate-to-robust, (not that unexpected given
- [10 November 2022 – 09:22 Central Euro Time](https://demeadville.com/10-november-2022-0922-central-euro-time/) - At present all eight BEGOS Markets are within their respective Neutral Zones for today, and volatility is again light. Hesitancy may be a function of still undecided StateSide election results and the reading later today for October's CPI. We continue to point out that the S&P 500 by earnings remains significantly overvalued, and that the
- [ 09 November 2022 – 09:08 Central Euro Time](https://demeadville.com/09-november-2022-0908-central-euro-time/) - StateSide elections remain undecided in various cases such that there's been very little overnight movement in the Spoo, indeed in any of the BEGOS Markets. At present, all eight components are within their Neutral Zones for today, and volatility is light as best. Gold yesterday regained the 1700 handle; Silver too is back above 21.
- [08 November 2022 – 09:20 Central Euro Time](https://demeadville.com/08-november-2022-0920-central-euro-time/) - Both the Swiss Franc and Gold are at present below their respective Neutral Zones for today; the other BEGOS Markets are within same, and volatility is light with nothing due for the Econ Baro, but the StateSide elections in the balance. Should political power shift to the right, one would expect a robust upswing swing
- [07 November 2022 – 09:13 Central Euro Time](https://demeadville.com/07-november-2022-0913-central-euro-time/) - On the heels of Friday's notable gains, the entire BEGOS Markets' complex begins the week in the red with all but the Bond and Spoo below today's respective Neutral Zones; volatility is light-to-moderate. The Gold Update recognizes the yellow metal picking up needed ground (notwithstanding today's weakness thus far), and that the S&P for a
- [04 November 2022 – 09:20 Central Euro Time](https://demeadville.com/04-november-2022-0920-central-euro-time/) - The Bond, Euro and Spoo all are trading at present within their respective Neutral Zones for today; the balance of the BEGOS Markets are above same, and volatility is already moderate-to-robust ahead of October's StateSide Payrolls for the Econ Baro, with Copper having traded 114% of its EDTR (see Market Ranges). Copper's trade month-over-month has
- [03 November 2022 – 09:12 Central Euro Time](https://demeadville.com/03-november-2022-0912-central-euro-time/) - The Bond, Euro, Swiss Franc, Gold and Copper all are at present below today's Neutral Zones; the other BEGOS Markets are within same, and volatility is mostly moderate. The FOMC voted to raise FedFunds as expected by +0.75%, the upper end of their target range now 4.00%; another +2.00% to 6.00% would place the rate
- [02 November 2022 – 09:21 Central Euro Time](https://demeadville.com/02-november-2022-0921-central-euro-time/) - Unlike 'round this hour yesterday, seven of the eight BEGOS Markets are at present inside of today's Neutral Zones, the sole exception being Copper above same; volatility is basically light ahead of the Fed for which a+75bp raise is the expectation; the FedFunds Futures "hint" of a +100bp hike, but we sense +75bp shall be

## Pages

- [](https://demeadville.com/) - deMeadville The founder of deMeadville determined in the late 1990s that most investors and traders use similar analytical tools, but rarely make any real money. Thus was formed deMeadville and its creation of analytical tools that present far more knowledgable and leading assessments of the world’s most important markets: the Bond, Euro, Gold, Oil and S&P 500. These five primary “BEGOS” Markets
- [22 July 2025 – 08:32 Central Euro Time](https://demeadville.com/22-july-2025-0832-central-euro-time/) - Apologies as there was a delay in getting yesterday's commentary posted; 'tis been resolved and is there now. On to today, our key thought is 'tis amazing that 34 of the past 39 monthly Leading Indicators reports have been negative, the pace of earnings improvement weakening, and yet the S&P 500 is making all-time highs:
- [21 July 2025 – 08:47 Central Euro Time](https://demeadville.com/21-july-2025-0847-central-euro-time/) - Into a light economic data week we go with at present the Bond, Gold and Copper above today's Neutral Zones; none of the other BEGOS Markets are below same, and volatility is pushing toward moderate. The Gold Update describes price as being in a shell these many weeks, the weekly parabolic flip from Short-to-Long now
- [](https://demeadville.com/the-gold-update/) - The Gold Update The Gold Update is a weekly report reaching thousands of readers on the current state of the price of Gold, (the “G” of our “BEGOS” markets complex). Now in its 17th calendar year, The Gold Update incorporates the proprietary analytics that are a foundational staple throughout the deMeadville website. We are thankfully
- [](https://demeadville.com/executive-summary/) - Executive Summary This is a comprehensive upgrade to www.deMeadville.com which has had a web presence since the turn of the millenium. The content of the website is intended to make its readers far more informed, critical observers of the stance of our economy and that of our most important markets, which through futures and/or exchange-traded
- [](https://demeadville.com/documentation/) - Documentation BEGOS Markets (Bond, Euro/Swiss, Gold/Silver/Copper, Oil, S&P 500) BEGOS is comprised of the markets in the above acronym, (five primary markets plus three secondary markets). This BEGOS page encompasses for each market a variety of measures for when you are focused on a specific market. (The reciprocal of this is per the menu link at
- [Pricing](https://demeadville.com/pricing/) - Subscribe 1€ / 30 Days The description of the tier list will go here, it should be concise and impactful. Amazing feature one Wonderful feature two Priceless feature three Splendid feature four Buy Now
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- [21 December 2023 – 09:16 Central Euro Time](https://demeadville.com/21-december-2023-0916-central-euro-time/) - The Bond at present is below its Neutral Zone for today; above same are both Copper and the Spoo, and BEGOS Markets volatility is mostly light. As tweeted (@deMeadvillePro) last evening, the S&P 500 lost its prior three days of gains in just three hours, yet another sign of stocks' fragility, the Index itself (even
- [Prescient Commentary](https://demeadville.com/prescient-commentary/) - 16 February 2026 – 08:42 Central Euro Time Mark • 16 February 2026 • PRESCIENT COMMENTARY Given the StateSide holiday, ’tis a two-day session for the BEGOS Markets with settlement tomorrow (Tuesday). Presently, we’ve but one BEGOS component outside (below) its Neutral Zone for the session, that being Gold -0.9% (5017); overall volatility thus far
- [The Gold Update New Page](https://demeadville.com/the-gold-update-new-page/)
- [](https://demeadville.com/moneyflow/) - MoneyFlow Moneyflow is critical to understand because historically it has been shown to lead the near-term direction of the S&P 500. We update this as displayed below on a daily basis. Read More One of our favourite generally leading indicators, here we regress our calculation of the S&P 500’s Moneyflow into points so as to be directly
- [26 December 2022 – 09:31 Central Euro Time](https://demeadville.com/26-december-2022-0931-central-euro-time/) - Briefly as the BEGOS Markets are closed for today (the week getting underway tonight at 23:00 GMT), we point you to our MoneyFlow page for the S&P 500 wherein by the quarterly measure the Flow is -605 points below the Index itself; as this is a leading indicator of eventual price direction, we sense it
- [](https://demeadville.com/contact-2/) - Contact Us Location Palais de la Scala, 1 Avenue Henry Dunant, MC 98000Principality of Monaco Our hours 10:00 AM – 06:00 PMMonday – Friday Contact us Mark Mead Bailliemmb[at]deMeadville[dot]com Linkedin Facebook-f
- [The Gold Update Test Page](https://demeadville.com/the-gold-update-test-page/) - The Gold Update The Gold Update is a weekly report on the current state of the gold price and read by thousands of people across the last 12 years. It incorporates the proprietary analytics that is a foundational staple throughout the deMeadville websites.Our Gold update is regularly republished by Investing.com, Kitco, TalkMarkets and other prominent
- [](https://demeadville.com/earnings-season/) - Earnings Season
- [](https://demeadville.com/sp-500/) - S&P 500 The BEGOS acronym letter ‘S’ is for the S&P 500 Futures contract (aka “the Spoo”), representative of the world’s highest quality stock market index, as priced on The Chicago Mercantile Exchange and Globex. Market Value When the Spoo crosses its smooth Market Value line, we anticipate the price to continue in the same direction. But
- [](https://demeadville.com/oil/) - OIL The BEGOS acronym letter ‘O’ is for the price of Oil, representative of the cost of energy, per its futures contract on the NYMEX and GLOBEX. Market Value When Oil crosses its smooth Market Value line, we anticipate the price to continue in the same direction. But when the price gets too far away from the
- [](https://demeadville.com/copper/) - Copper As the other secondary market for metals’ analysis we’ve Copper priced by its futures contract on the COMEX and GLOBEX. (Because Copper is a secondary rather than a primary BEGOS Market, a comparable Market Value calculation is not maintained). Market Trend These are Copper’s daily bars for the last three months to-date. The blue
- [](https://demeadville.com/silver/) - Silver As a secondary market for metals’ analysis we’ve Silver priced by its futures contract on the COMEX and GLOBEX. (Because Silver is a secondary rather than a primary BEGOS Market, a comparable Market Value calculation is not maintained). Market Trend These are Silver’s daily bars for the last three months to-date. The blue dots
- [](https://demeadville.com/gold/) - GOLD The BEGOS acronym letter ‘G’ is for the price of Gold, representative of the mitigant against currency debasement, per its futures contract on the COMEX and GLOBEX. Market Value When Gold crosses its smooth Market Value line, we anticipate the price to continue in the same direction. But when the price gets too far away from
- [](https://demeadville.com/swiss-franc/) - SWISS Franc As a secondary market for foreign exchange analysis we’ve the SWISS Franc/USD rate as priced by its futures contract on The Chicago Mercantile Exchange and GLOBEX. (Because the Swiss Franc is a secondary rather than a primary BEGOS Market, a comparable Market Value calculation is not maintained). Market Trend These are the Swiss
- [](https://demeadville.com/euro/) - EURO The BEGOS acronym letter ‘E’ is for the Euro/USD exchange rate, representative of the cost of foreign exchange, as priced by its futures contract on The Chicago Mercantile Exchange and Globex. Market Value When the Euro crosses its smooth Market Value line, we anticipate the price to continue in the same direction. But when the price
- [](https://demeadville.com/bond/) - BOND Leading off the BEGOS acronym is the Bond, representative of the cost of money. The Bond as analyzed is the U.S 30-Year Treasury Bond futures market as traded on the CME’s Chicago Board of Trade and Globex. Market Value When the Bond crosses its smooth Market Value line, we anticipate the price to continue
- [](https://demeadville.com/about-me/) - About Me Mark Mead Baillie is the founder and Principal of de Meadville International, the centerpiece of which is the markets’ analytics and commentary website www.deMeadville.com, also the home of his ever-popular weekly missive “The Gold Update”. Since 1991 he has expanded his financial expertise resulting in the founding of de Meadville International, which comprehensively
- [](https://demeadville.com/valuation-rankings/) - Valuation & Rankings
- [](https://demeadville.com/the-sp-500/) - The S&P 500 The S&P is the best representation of the global Equity Market. Our website presents the most truthful valuation of S&P 500 and has six different categories of top 10 ten rankings such as Yield and Earnings, as well as moneyflow measures. Valuation & Rankings​ MoneyFlow​
- [](https://demeadville.com/economic-barometer/) - Economic Barometer Economic Barometer is a continuously trending single line on a chart compiled from better than 50 economic reports per month. Charted in concert with the track of the S&P 500 Index, the “Econ Baro” since its inception in 1998 has generally led to major trend changes in the stock market. Here it is:
- [](https://demeadville.com/market-ranges/) - Market Ranges The BEGOS Market ranges give us the expected daily trading range in points for every BEGOS Market. By doing this, we can determine the approximate high if it is up day and low if it is down day. Read More BOND "EDTR": 30-Year US Bond, (Chicago CBOT Futures) Bond's "Expected" Daily Trading Range:
- [](https://demeadville.com/market-values/) - Market Values “The two-panel Market Value chart for each of the 5 primary BEGOS Markets is indicative of continued near term direction. The upper panel shows the market’s price and its smooth valuation line relative to the other four primary BEGOS markets. However, in the lower panel which is the difference between two lines, the
- [](https://demeadville.com/market-rhythm/) - Market Rhythms The Rhythms of the BEGOS Markets target trades with enhanced probability of making a specific level of profit. Read More Market Rhythm Test Results
- [](https://demeadville.com/market-profiles/) - Market Profiles Market Profiles shows us which prices for the past two weeks have had the most amount of volume. Therefore, they are support and resistance levels. Read More BOND: 30-Year US Bond, (Chicago CBOT Futures)spanning the last 10 trading sessions EURO: Dollars per Euro, (Chicago CME Futures) spanning the last 10 trading sessions SWISS:
- [](https://demeadville.com/market-magnets/) - Market Magnets BEGOS Magnets can be used similary to BEGOS Values in determining near-term direction, or its appearing excessive. Read More BOND: 30-Year US Bond, (Chicago CBOT Futures)Magnet levels from three months age-to-date: EURO: Dollars per Euro, (Chicago CME Futures) Magnet levels from three months age-to-date: SWISS: Dollars per Franc, (Chicago CME Futures) Magnet levels
- [](https://demeadville.com/market-trends/) - Market Trends Our Market Trends chart is one of the most popular features of the website. The Baby Blue dots suggest the near-term future direction of each BEGOS market. Read More BOND: 30-Year US Bond, (Chicago CBOT Futures)21-days trend consistency from 3 months age-to-date: EURO: Dollars per Euro, (Chicago CME Futures) 21-days trend consistency from
- [](https://demeadville.com/begos-measures/) - BEGOS Measures The measures presented on this website are developed to present a much more informed view of the BEGOS markets than standard universally used technical analysis. Read More Market Trend​ Market Magnet​ Market Profile​ Market Rhythm Market Values Market Ranges​
- [](https://demeadville.com/begos-market/) - BEGOS Markets BEGOS stands for the Bond, the Euro, Gold, Oil, and the S&P 500. We view these as the most important markets as they all influence one another with the world economy in the balance. Our proprietary analytics provide directional reliability for the BEGOS markets. In addition to these 5 primary BEGOS markets, we
- [](https://demeadville.com/disclaimer/) - DISCLAIMER If ever a website needed a Disclaimer, this is it. Indeed, your very presence at any page within this Domain which is www.deMeadville.com has already bound you in the Past, Present and Future to this Disclaimer and to your acknowledging the representations and warranties herein. The information presented within the Domain and as communicated
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## My Templates

- [Default Kit](https://demeadville.com/?elementor_library=default-kit)
- [Template - TheGoldUpdate](https://demeadville.com/?elementor_library=template-thegoldupdate) - The Gold Update by Mark Mead Baillie — 725th Edition — Monte-Carlo — 07 October 2023 (published each Saturday) — www.deMeadville.com“TITLE“ Opener… Squire…“That’s a gruesome graphic there, mmb…” endSquire… Closer…– precious metal guillotines and Dollar Revolution aside — in strolling along life’s path, what ought you have glowing in your vault? Gold! Cheers!…m…www.TheGoldUpdate.comwww.deMeadville.comand now on Twitter(“X”): @deMeadvillePro
- [The Gold Update:  No.700 (15 April 2023) Gold:  The Next All-Time High is Nigh](https://demeadville.com/?elementor_library=the-gold-update-no-700-15-april-2023-gold-the-next-all-time-high-is-nigh) - The Gold Update The Gold Update is a weekly report reaching thousands of readers on the current state of the price of Gold, (the “G” of our “BEGOS” markets complex). Now in its 15th calendar year, The Gold Update incorporates the proprietary analytics that are a foundational staple throughout the deMeadville website.We are thankfully honoured

## Categories

- [PRESCIENT COMMENTARY](https://demeadville.com/category/prescient-commentary/)
- [The Gold Update](https://demeadville.com/category/the-gold-update/)