Tau is right. We have some information, but we don't have all the information. This sometimes makes it hard for us to always make the right decision.

I am going to sell my Kinross. Not because there are market factors saying SELL,SELL,SELL. Not because gold has had a good run. My main reason for selling is that I am up 20% and want to buy something else.

It is fair to say that we all want to be more wealthy tomorrow than we were yesterday. But I think it is also safe to say that we like doing this. Call it an addiction. Call it a hobby. We like buying and selling stocks, bonds, etc.

Who amongst us gets a rush when they buy low and sell high? ALL OF US! There is a sense of empowerment when we make the right call.

Who amongst us gets out of the game if they mis-read the market and buy high and sell low (or sell at the wrong time)? NOT ME - AND PROBABLY NOT YOU. I can admit that I have made mistakes (like selling Eldorado in November), but I keep going.

The markets have been gut-wrenching for the last 6-12 months, but we're still in the game.

As for KXL, I'm probably going to gloat a little when the Golden Mile proves to be golden. On the flip-side, I'm not worried about having to eat some crow.

Well folks, that is my Saturday morning sermon. Call it the World According to Kinghorn Greenhorn. So keep an eye on the charts, an ear to the ground and a finger on the pulse - enjoy the game!

Be well KXLers.

PS. I do not mean to trivialize what we are doing. We all have something at stake. Like many of you, I'm a middle-class schmuck hoping to be comfortable in retirement. But if I want safety and guarantees, I'll put all my eggs into GIC's at 3%.