Thinking of selling your gold mining shares?

Here's a good interview with Bill Fleckenstein. Mental Insanity – Interview with Bill Fleckenstein

He speaks with an investor who is psychologically rattled by the market, but hanging on. It's a good example of rational thought versus following the emotion of the herd. Many people follow the herd, believing that if many people agree on something, it must be right. In financial markets, there is a penalty for being right and early, and this is why fundamental investors must manage their positions well and stay focused on those fundamentals, not emotion.