$1438 aud and rising, page-23

Absolutely right Fellow. Panic and lose. Panic has never worked for me. It is almost invariably a gross error. Hard-headed decisions made coldly and deliberately work much better. I'm staying absolutely firm even if there is a further dip. I've made mistakes too and one was selling at exactly the wrong time through panic and buying at the wrong time through over-excitement! I try to reverse that now. With gold currently at $A1,452 and with huge demand in China and Europe for bullion, it doesn't seem to to me be the right time to sell vastly undervalued miners or near-miners. Some are the best value they have ever been.