Here's what the pundits and the media were saying on Feb 11. Then listen to what I said on the very same day.

In compiling my MMT Trader report I scan headlines to get a snapshot of sentiment. Well, I came across these old headlines, all from Feb 11.

So, the media and the pundits were panicking. 

The Dow was at 15660. 

The S&P was at 1829

The Nasdaq was at 4266.

Here's what I said, the very same day...

That's all I gotta say.

MMT Trader...get it.

Every single gold "expert" that I inteviewed when I had my Hard Assets Investor show said gold would NEVER break below 1100. Oh well.

When I was still hosting my "Hard Assets Investor" show every single gold "expert" that I interviewed all said the same thing: that gold would never go below $1100 an ounce. That was the "floor" they assured me.

When I said, as a trader, I could see where the price couild go dip back down and re-test the old high of $850 an ounce, which marked a 25-year top after it was hit in 1980. They all laughed at that.

Oh well, I guess the trader wins. Maybe, anyway, 'cause we're not there yet at $850, but certainly headed there it seems.