Poor Laurence13, he wasted so much time and money. This year is also catastrophic for me, miners in Canada such as Argonaut gold are also going bust. I sold everything and pile in physical at such low price. I will never invest in any miner again (and never in China)
Here we are, down to zero. Gazprom will get the mines for free. Same with Auchan Russia, Renault/ AutoVaz, Societe Generale, Russia will get all those companies for free
Price is stupid but there is a liquidation of Russian stocks at "any price". The bill will be enormous for the French taxpayer as the State will have to compensate Total, Auchan, Société Générale, Renault etc.
Gold is back down to where it, "WW4", lol, as but your Russian miners will be down to 0., GPB 2 grands wasted. After China and Peru, I put Russia on my black list. Shall we go all on crypto?
I wrote "0" yesterday as I tend to exaggerate and now I am just thinking..... There was an article in the guardian (I prefer the DT) confirming your point. And in France they say "achetez au son du canon". I will buy some, just a little bit.
I still follow it as I planned to go back in. Canada seems f** too, made losses in Peru too. I am vaccinated regarding miners, I will keep buying physical only.