Gold stocks are like no other in terms of movement, sentiment,...

Gold stocks are like no other in terms of movement, sentiment, how they are valued, etc. even the metal itself is challenging in terms of evaluating it. For all of the hype this year so far in terms of gold and gold stocks,(and yes, gold has rallied nicely, but did so as well last July and August, before plummeting again) real final capitulation IMO is still to come as you must brutally shake out every weak hand before a true platform or floor is laid and then off you go with like-minded believers. It is still a plaything for too many. However, that time will come, rest assured. Why did SLR plunge over 90% from it's high to it's recent low with all gold and silver still in situ except what has been extracted? Overvalued at $4.00, undervalued at .35? You know the answer to that. Aside from cash issues, there is NO logical reason for this to have occurred. Yet, it did. People get extremely emotional about this stuff called gold. Totally different kettle of fish, this industry, do not think the same way about gold shares the way you would about financial or industrial or biotech or tech shares. Then you'll begin to understand the answers to your question. Gold stocks tend to anticipate the end of rallies in gold prices even before the prices peak, also.