New Russian/Chinese currency30 Sep 2022 15:29
Just seen a bit of news that has really annoyed me.
Russia and China ditching the US $ and creating a new currency leveraged against the value of minerals such as gold and Nickel and other minerals.... of which AMC mine is bustling with.
So as I understand this, the potential for PI's to make a lot of money from AMC shares was very high, even higher than we may have predicted initially.
China and Russia stock piling these minerals for over 2 years now which may serve to raise their value and now, with the war and sanctions imposed against Russia, the dream of a a nice profit has slipped into the abyss.
Sorry everyone invested here, we could have a wonderful return.
GL I'm the future