Gold has fallen out of bed.
I sold two thirds of my gold shares at a small loss on Thursday. I sold the rest at a much larger loss this morning.
Unfortunately during my trawl for undervalued shares last week I picked up a couple of gold mining stocks which suffered along with the ill fated metal. So another hefty loss there. No point in agonizing over mistakes. This whole business is about taking risks and that means sometimes you're wrong. When you are wrong the best thing to do is walk away and look for the next opportunity. You are going to be wrong often. All you need to do is to be right more often than you are wrong. But you've got to live with your mistakes.