If you've had a responsible 5% - 10% portfolio allocation to gold and silver and the miners, it's now grown to an oversized position. I've been trimming recently where I could do so without triggering serious tax consequences. I'm only selling ETF and miner positions, of course. I'll never give up the physical.
I even bought Oct 125 GLD puts today, a little speculative bet on a pullback.
I'm probably early, but it never hurts to take a little off the table.