As the gold market continues its bearish ways, analysts and gold watchers are examining the possibility of the market experiencing complete capitulation. But what does capitulation mean in terms of the gold market and how can it impact investors? Gold Investing News takes a look into the concept to help investors get a better understanding of what they could be up against. Simply put In a piece published by Sprott Global, Rick Rule sums up capitulation as investors and issuers completely giving up hope — in other words, liquidating assets tied up in the gold market, including stocks and the commodity itself, and ridding themselves of the heartache and wallet gouging associated with price falls. The bright side is that such events are quick. "Capitulation in 2000 only lasted for about two weeks. Just like when you're stuck underwater and struggling to come back up, a short amount of time can seem like an eternity," he states. Rule is currently advising investors to "psychologically" prepare themselves for the possibility of capitulation as that will allow for greater ease if gold market capitulation does occur. "Abandon your 'hope stocks' — the ones where there is no catalyst, asset, or enough cash to do anything important. Get rid of the stocks you own that have no reason to go up, and get into ones that do," he notes. Other investors might not be so blunt, but carry the same message. "The big hubristic 'tell,' will be gold," states Michael Hartnett, an investment strategist with Bank of America Merrill Lynch, in a recent note. "A sudden gap lower in the gold price to below $1,000/oz. should coincide with the final thrust higher in stocks, both indicating capitulation of the 'stubborn bears,' the end of the 'melt-up' and the next opportunity to get tactically bearish. We increasingly fear next year's highs in stocks come early."