Zpring,

I actually agree that fundamentals drive price in the long run, but in the short/intermediate time frame which I like to trade, they don't seem to matter much. Witness the crash of 08 and the rally of 09 - I don't believe the world went into a Great Depression and recovered within a year or so.

You're right about emotions - they are killers when it comes to trading. People are freaking out on every little move in gold or gold stocks, when gold has a 10 year history of multi-month consolidation periods between each run up. To me, it just seems like we are in one of those periods. You either have to live with it, or sell. My favorite story is when some guy trudged through the snow to visit Peter because he was worried about KMK.

Another thing I find amusing is when people get upset because somebody has a different opinion on a stock or commodity than they do - as if the opposing view could somehow move the stock the wrong way. Ya gotta laugh......