Honestly the thread topic "ugly" should be changed to "Beautifull".
To a seller this maybe ugly but to a buyer this is the most beautifull moment. A once in a lifetime to load up lots of share in AGO for 80~84 cents..an exceptional bargains for solid companies.
After its mines started, the only time AGO was 80 cents was in 2008,the great financial crisis when American banks collapsing. It was the worst recession, thought to be bigger than the greatest 1920s depression. Even the Australian government had to give bank guarantee deposit to prevent bank-run.
Those that can overcome your fear of risk will prevail in moment like this.
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