"You forget it's not GFC2 it is 2013 market is booming DOW at...

"You forget it's not GFC2 it is 2013 market is booming DOW at all time high ASX above 5000 and AMX is at 4 years low.You need to wake up and ask yourself why????"

Swings and roundabouts mate....little more...

Most, if not all gold stocks are making new multi year lows. AMX are part of an unloved sector, thats it in a nutshell.

Every sector or sub sector can go through its own cycles while the rest of the market rallies. Hot money will jump from one sector to another. At the moment , your bread and butter blue chips are flavour of the month ( and I own some ) and the indices are alight with new highs.

Every sector goes through shitty patches, some last months , others years.....but ultimately they recover and demand for their products , commodities or services is still there.

Iron ore stocks took a beating last year, while banks moved higher. But the iron ore co's have recovered some lost ground.

In the GFC , banks stocks were particularly on the nose....but looks at them shine now ..

Retail stocks like BBG,JBH,HVM were darlings in the middle of last decade, but took a beating in 2010/2011/12 , but now climbing off the their lows.

Uraniums stocks are a good example of hot money moving in and out of a sector... creating periods of froth and periods of downright death spirals... still money to be made in good uranium plays though...

Tech stocks are another lot that overshot to the upside and then downside.....the crappy co's with no business model disspeared, the good ones like amazon survived.

There is always somethings that hot , and something thats not. Right now gold plays are not. Simple as that.

You guess when is the best time to buy , hot or not ?

Look at what's going on in Australian nickels plays, they're running hot after years of nothing happening. Loads and loads of hot money flowing into that sector, but it will all cycle out eventually , leaving a few good projects behind,.

Same happened in gold stocks.. The froth has been blown off the top , the sector is in temporary decline , the shitty co's with no resource will fall by the wayside, co's with good projects like AMX will survive and benefit when the sector becomes hot once more....investor dollars become more focused on the quality plays.

I don't know when the gold sector will recover, it could be months or it could be years. We can only follow the long term trend for gold , which is still up.